Related Reading: Countdown To $5 XRP: Engineer Predicts Milestone On Strong Fundamentals’ Bitcoin As Financial Reserve Option Shareholders of Amazon urged the online retail store to evaluate the possibility of adding Bitcoin to its balance sheet, saying that the firstborn cryptocurrency could enhance the investors’ value in the long term because it is one way of protecting it from inflation.
"Amazon should – and perhaps has a fiduciary duty to – consider adding assets to its treasury that appreciate more than bonds, even if those assets are more volatile short term,” NCPPR remarked.Simple.Accept bitcoin payments? 🤷♂️ — CZ 🔶 BNB (@cz_binance) December 8, 2024 Bitcoin A Good Option The NCPPR believes that Amazon could preserve billions of dollars of shareholder value by simply holding Bitcoin.
HISTORY: SHAREHOLDERS ARE PETITIONING $2.3 TRILLION AMAZON TO BUY #BITCOIN BTC IS IN THE BEST “LONG-TERM INTEREST OF SHAREHOLDERS” 🚀 pic.twitter.com/Nj2wCNrVUn — The Bitcoin Historian (@pete_rizzo_) December 9, 2024 The NCPPR submitted the shareholder proposal to Amazon to consider the crypto strategy during the company’s 2025 annual shareholders’ meeting.
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