The post Amazon Shareholders Push for Bitcoin Investment: Will It Happen? appeared first on Coinpedia Fintech News
What if Amazon started investing in Bitcoin? That’s the big idea Amazon shareholders are pitching right now. They want the company to put 5% of its assets into the cryptocurrency. Why? They see it as a way to protect against inflation and, honestly, just make better use of Amazon’s massive reserves.
But, is this as smart as they think? Or is it one of those ideas that sounds good until it’s not? Let’s figure it out.
Why Bitcoin? Let’s Look at the Numbers
Okay, here’s the thing. Bitcoin’s been on a wild ride lately. It grew by 131% in 2024 alone. Over the last five years, it’s jumped more than 1,200%. That’s a lot, right? Now compare that to corporate bonds or cash—what Amazon usually keeps in reserve. Those are safe, sure, but they don’t grow like this.
That’s why the National Center for Public Policy Research (NCPPR), the group behind
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