{"id":42971,"date":"2024-12-09T17:19:18","date_gmt":"2024-12-09T17:19:18","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/amazon-shareholders-call-for-the-company-to-hold-5-of-its-assets-in-bitcoin\/"},"modified":"2024-12-09T17:19:18","modified_gmt":"2024-12-09T17:19:18","slug":"amazon-shareholders-call-for-the-company-to-hold-5-of-its-assets-in-bitcoin","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/amazon-shareholders-call-for-the-company-to-hold-5-of-its-assets-in-bitcoin\/","title":{"rendered":"Amazon shareholders call for the company to hold 5% of its assets in Bitcoin"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1641821449537-fbf7b9b1-a533-4c40-b81a-96d51d931eae-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1641821449537-fbf7b9b1-a533-4c40-b81a-96d51d931eae-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1641821449537-fbf7b9b1-a533-4c40-b81a-96d51d931eae-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1641821449537-fbf7b9b1-a533-4c40-b81a-96d51d931eae-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li aria-level=\"1\">MicroStrategy\u2019s stock has outperformed Amazon\u2019s stock by 537% in the past year<\/li>\n<li aria-level=\"1\">The proposal calls for Amazon to include some Bitcoin to maximize shareholder value without taking on too much risk<\/li>\n<li aria-level=\"1\">Last week, Michael Saylor, CEO of MicroStrategy called on Microsoft to adopt Bitcoin, calling it \u201cdigital capital\u201d<\/li>\n<\/ul>\n<p>A group of Amazon shareholders has requested that the company allocate 5% of its assets in Bitcoin.<\/p>\n<p>The National Center for Public Policy Research, a free-market, independent conservative think tank, submitted the proposal to Amazon for consideration at its 2025 annual shareholder meeting.<\/p>\n<p>The proposal, <a href=\"https:\/\/x.com\/TimKotzman\/status\/1865832907597807992\" target=\"_blank\" rel=\"noopener\">shared<\/a> by Tim Kotzman, a podcast host covering <a href=\"https:\/\/coinjournal.net\/search\/bitcoin\">Bitcoin<\/a> and <a href=\"https:\/\/coinjournal.net\/search\/microstrategy\">MicroStrategy<\/a>, recommends adding \u201cassets to its treasury that appreciate more than bonds, even if those assets are more volatile short-term.\u201d<\/p>\n<p>The proposal points to Bitcoin\u2019s price, which has increased more than 131% over the past year, outperforming corporate bonds by more than 126%, on average.<\/p>\n<p>\u201cMicroStrategy \u2013 which holds Bitcoin on its balance sheet \u2013 has had its stock outperform Amazon stock by 537% in the previous year,\u201d the proposal said.<\/p>\n<blockquote>\n<p>\u201cAnd they\u2019re not alone. Institutional and corporate Bitcoin adoption is becoming more commonplace: more public companies such as Tesla and Block have added Bitcoin to their balance sheets; Amazon\u2019s second and fourth largest institutional shareholders \u2013 BlackRock and Fidelity, respectively \u2013 offer their clients a Bitcoin ETF; and the US government may form a Bitcoin strategic reserve in 2025.\u201d<\/p>\n<\/blockquote>\n<p>The proposal points out that while Bitcoin is a \u201cvolatile asset,\u201d Amazon\u2019s stock was the same in the past. Because of this, companies have \u201ca responsibility to maximize shareholder value over the long-term as well as the short-term,\u201d adding:<\/p>\n<p>\u201cDiversifying the balance sheet by including some Bitcoin solves this problem without taking on too much volatility. At minimum, Amazon should evaluate the benefits of holding some, even just 5%, of its assets in Bitcoin.\u201d<\/p>\n<h2>Michael Saylor calls Bitcoin \u201cdigital capital\u201d<\/h2>\n<p>The shareholder proposal comes as Michael Saylor, CEO of MicroStrategy, said to Microsoft that Bitcoin is the best asset a company should own, claiming it represents the \u201c<a href=\"https:\/\/coinjournal.net\/news\/michael-saylor-urges-microsoft-to-adopt-bitcoin-says-it-represents-digital-capital\/\">greatest digital transformation of the 21st century<\/a>.\u201d<\/p>\n<p>In a three-minute video posted on X last week, Saylor said:<\/p>\n<p>\u201cMicrosoft can\u2019t afford to miss the next technology wave, and Bitcoin is the next wave. Bitcoin represents the greatest digital transformation of the 21st century; it represents digital capital.\u201d<\/p>\n<p>Talking about long-term capital, Saylor noted that risk \u2013 including general taxes, politics, recession, regulation, war, and the weather \u2013 is destroying over $10 trillion in capital each year.<\/p>\n<p>Because of this, investors are turning their attention to digital capital, such as Bitcoin, to avoid these risks. In Saylor\u2019s view, \u201cit makes sense\u201d for Microsoft to buy and hold Bitcoin rather than buy back stock or hold bonds.<\/p>\n<p>\u201cIf you\u2019re going to outperform, you\u2019re going to need Bitcoin,\u201d Saylor said. \u201cYou\u2019ve surrendered hundreds of billions of dollars of capital over the past five years, and you\u2019ve just amplified the risks that your own shareholders face. If you want to escape that vicious cycle, you\u2019re going to need an asset without counterparty risk.\u201d<\/p>\n<p>In Saylor\u2019s opinion, that lies with Bitcoin.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/amazon-shareholders-call-for-the-company-to-hold-5-of-its-assets-in-bitcoin\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) MicroStrategy\u2019s stock has outperformed Amazon\u2019s stock by 537% in the past year The proposal calls for Amazon to include some Bitcoin to maximize shareholder value without taking on too much risk Last week, Michael Saylor, CEO of MicroStrategy called on Microsoft [&hellip;]<\/p>\n","protected":false},"author":3947362367,"featured_media":42972,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/42971"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362367"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=42971"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/42971\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/42972"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=42971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=42971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=42971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}