CandleFocus Amazon shareholders tells company to consider adding Bitcoin to its treasury
2024-12-08
Author: Content Editor
Amazon shareholders are urging the company to consider adding Bitcoin to its balance sheet, following the lead of other companies like Microsoft and Tesla. Shareholders believe that Bitcoin can help protect against inflation and potentially generate higher returns. The proposal comes as companies are increasingly viewing Bitcoin as a safe investment option. Former Binance CEO Changpeng Zhao also suggested that Amazon should accept Bitcoin as a payment option on its e-commerce platform. While Bitcoin is volatile, having it in reserves could provide Amazon with long-term value. The decision on whether to add Bitcoin to its balance sheet is still pending, but the trend of companies embracing Bitcoin is expected to continue.
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