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December 9, 2024

Amazon Shareholders Push for 5% Bitcoin Treasury Investment to Combat Inflation

In a notable initiative, Amazon shareholders have proposed a minimum investment of 5% of the company’s assets into Bitcoin. This strategy comes in response to rising inflation and reflects increased recognition of cryptocurrency’s potential as a protective asset. The proposal is set for a shareholder vote in April 2025, sparking exciting discussions among investors. If approved, this could pave the way for Amazon to embrace digital currencies as part of its long-term strategy, marking a significant milestone in corporate treasury management. The implications for Bitcoin’s value and its perception in the corporate sector are substantial. How will this decision influence Amazon’s corporate strategy and the broader crypto landscape?

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