Will Amazon, Microsoft Drive BTC Rally to $200K in 2025?

Quick Summary:

Tech giants like Amazon, and Microsoft, with heavy cash on balance sheets, are now looking to build Bitcoin reserves, similar to what Tesla and MicroStrategy have done in the past.

In its report, NCPPR noted that the inflation-measuring metric – Consumer Price Index (CPI) – is currently at 4.95%, calling it a “Remarkably poor measure” of currency debasement.

Amazon to Make the Bitcoin Move to Protect $88 Billion Reserves?

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: Microsoft bitcoin Amazon Crypto Bitcoin News 24/7 Cryptocurrency News Bitcoin (BTC) Price Amazon

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-09 @ 08:01:33 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 513 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24266249

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 21 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions