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2024-12-09 06:28:30

Joker on Nostr: Updated: 12-8-2024 National Center For Public Policy Research Proposes BTC Treasury ...

Updated: 12-8-2024

National Center For Public Policy Research Proposes BTC Treasury To Amazon

The National Center for Public Policy noted that MicroStrategy's stock outperformed Amazon's stock by 537% due to its Bitcoin strategy.

The National Center for Public Policy Research — a Washington DC-based think tank championing free markets — has submitted a shareholder proposal to Amazon Corp arguing for a Bitcoin corporate treasury strategy to be considered at the April 2025 shareholder meeting.

"As of December 6, 2024, the price of Bitcoin increased by 131% over the previous year, outperforming corporate bonds by 126% on average. Over the past five years, the price of Bitcoin increased by 1,246%, outperforming corporate bonds by 1,242% on average."

The authors concluded by proposing that Amazon allocate at least 5% of its assets to Bitcoin to protect the value of its treasury assets and even cited MicroStrategy's success with its Bitcoin treasury strategy.

Related:

* Metaplanet Follows MSTR's Lead And Becomes Asia’s Second-Largest Corporate Bitcoin Holder

* Semler Scientific Follows Suit, Acquires More BTC

* Hoth Therapeutics Allocates $1M To Bitcoin As Treasury Asset

* Rumble Stock Rises As CEO Teases Bitcoin Adoption

* Genius Group Kicks Off Bitcoin Treasury Play With $10M In BTC

* AI Firm Genius Group Surges 66% After ‘Bitcoin-First’ Treasury Strategy

* Kontrol Technologies Announces Addition Of Bitcoin To The Treasury

* Samara Asset Group Plans Up To $32.8M Bond To Expand Bitcoin Holdings

* Medical Data Company OneMedNet Latest To Pursue Bitcoin Treasury Strategy After Capital Raise

Remainder Of The Article: Nasdaq-Listed MicroStrategy And Others Wary Of Looming Dollar Inflation, Turns To Bitcoin: https://dpl-surveillance-equipment.com/bitcoin-and-crypto-currency/nasdaq-listed-microstrategy-and-others-wary-of-looming-dollar-inflation-turns-to-bitcoin-and-gold/
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