Think Tank Says Amazon Should Invest 5% Of Its Assets Into Bitcoin

A conservative think tank wants Amazon to invest 5% of its corporate assets into Bitcoin. On Dec. 6, the National Center for Public Policy Research (NCPPR) submitted a shareholder proposal to Amazon, the fourth largest public company with a $3.74 trillion market cap, urging the firm to consider investing a small share of its assets into BTC at its 2025 annual shareholder meeting. The think tank argued that Bitcoin provides a hedge against inflation, also serving as a vehicle for preserving corporate profits. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant