cryptojournalist
The National Center for Public Policy Research is urging Amazon to consider Bitcoin as part of its financial strategy. They’ll present their case at Amazon’s shareholder meeting in April 2025.
What’s the Big Deal?
The think tank says inflation is worse than reported—possibly double the official 4.95%. This eats into Amazon’s $88 billion cash reserves. Bitcoin, they argue, can protect that money.
Here’s why they think Bitcoin is the answer:
1-Year Growth: Up 131%, beating bonds.
5-Year Growth: A whopping 1,246%.
They’re asking Amazon to put just 5% of its cash into Bitcoin, inspired by MicroStrategy’s success.
MicroStrategy’s Bitcoin Bet
MicroStrategy has shown how profitable Bitcoin can be. The company holds $40 billion in Bitcoin and has made $17 billion in profit so far.
Other companies are following:
Marathon Digital (MARA): Raised $1 billion to buy 6,474 BTC.
Genius Group: Bought 110 BTC in November 2024 at around $90,932 each.
