Amazon ranks fourth on the S&P 500, boasting a market cap of $2.38 trillion, ahead of Google, Tesla, and Meta, but trailing Apple, Nvidia, and Microsoft. Amazon’s proposal follows a similar push at Microsoft, where shareholders will vote on Dec. 10 on whether the tech giant should diversify with Bitcoin.
Shareholders of Amazon (AMZN) have submitted a proposal to add Bitcoin to the balance sheet. The shareholders of the e-commerce giant are urging the company to learn from MicroStrategy (MSTR), which heavily invested in Bitcoin,
The National Center for Public Policy has recommended Amazon convert at least 5% of its assets into Bitcoin, right as Microsoft considers its own BTC move.
Amazon shareholders push for at least 5% Bitcoin allocation, aiming to hedge against inflation and diversify asset strategy.
Will Amazon Buy Bitcoin? The cryptocurrency market is no stranger to speculation, and the latest rumor is sparking intense debate: Amazon, the e-commerce behemo
Conservative activists turn to a new tool to fulfill their anti-“woke,” free-enterprise mission: pushing Fortune 100 firms to convert some assets to bitcoin.
Amazon shareholders are requesting the company to consider adding Bitcoin to its balance sheet as a way to protect against inflation. This follows a trend where companies, including Microsoft and Tesla, are exploring Bitcoin as an asset. Amazon’s ...
MicroStrategy CEO Michael Saylor argued that Microsoft could add as much as $4.9 trillion to its market value by buying bitcoin.
Amazon shareholders have proposed a minimum 5% Bitcoin investment of company assets, citing inflation protection and cryptocurrency's strong performance, with the matter going to a shareholder vote in April 2025.
Amazon shareholders are urging the company to diversify its reserves to include Bitcoin in order to maximize shareholder value.
This proposal has also highlighted the increasing institutional adoption of bitcoins; different stakeholders, such as Amazon's shareholders, BlackRock, and Fidelity, offer bitcoin ETFs to their clients. This is well in tune with the trend of big firms like ...
“At minimum, Amazon should evaluate the benefits of holding some, even just 5%, of its assets in Bitcoin,” the proposal added. The proposal comes at a time when shareholders of tech giant ...