Amazon Shareholders Push for Bitcoin to Be Added to Balance Sheet
Amazon shareholders are calling on the company to consider adding Bitcoin to its balance sheet, echoing moves by firms like Tesla and Microsoft. This initiative, submitted by the National Center for Public Policy Research—a Washington, D.C.-based think tank advocating for free markets—proposes a Bitcoin treasury strategy to be reviewed during Amazon’s April 2025 shareholder meeting.
With rising inflation diminishing the value of cash and bonds, the proposal highlights Bitcoin’s potential to preserve treasury value and enhance returns. According to the think tank, the Consumer Price Index (CPI), which places inflation at 4.95%, “remarkably underestimates” true currency debasement, suggesting actual inflation could be twice the reported figure.
Bitcoin’s value has surged, with a 131% increase in the past year and a 1,246% gain over five years, significantly outperforming corporate bonds. The proposal recommends that Amazon allocate at least 5% of its $585 billion in assets, including $88 billion in cash and bonds, to Bitcoin.
Shareholders argue that this move could safeguard profits from inflation and boost shareholder value, citing MicroStrategy’s success with a similar Bitcoin strategy, which led to a $17 billion profit on holdings now valued at over $40 billion.
The discussion is gaining traction on X (formerly Twitter), with former Binance CEO Changpeng Zhao (CZ) suggesting Amazon integrate Bitcoin as a payment option.
Companies like Tesla, Block (formerly Square), and Marathon Digital have already incorporated Bitcoin into their strategies, showing positive outcomes.
Other corporations are also exploring Bitcoin adoption. Artificial intelligence firm Genius Group recently converted treasury assets into Bitcoin, starting with 110 BTC purchased at an average price of $90,932. Microsoft shareholders are set to vote on a similar proposal.
Bitcoin is becoming increasingly mainstream as a treasury asset, with companies leveraging it to hedge against inflation and enhance financial resilience. While Amazon has yet to make a decision, its consideration of Bitcoin underscores a growing trend among global corporations.
