Amazon Shareholders Demand 5% Asset Allocation to Bitcoin

Proposal Highlights Performance Metrics and Inflation Risks

A bold proposal from shareholders, backed by the National Center for Public Policy Research (NCPPR), has urged Amazon to allocate at least 5% of its treasury assets to Bitcoin. The initiative, scheduled for review at the company’s April 2025 shareholder meeting, aims to hedge against inflation and diversify financial holdings. Proponents argue Bitcoin's performance metrics, inflation resistance, and adoption by leading corporations make it an essential addition to Amazon’s strategy.

Bitcoin’s outperformance of traditional asset classes like corporate bonds forms the cornerstone of the proposal. Over the past year, Bitcoin’s value surged by 131%, surpassing corporate bonds by 126%. In the last five years, its price skyrocketed by 1,246%, cementing its reputation as a hedge against economic instability. 

The proposal criticized reliance on the Consumer Price Index (CPI), suggesting the true inflation rate may be double the reported figure of 4.95%, threatening Amazon’s $88 billion in cash and short-term equivalents. Shareholders warned that these reserves face “significant erosion due to currency debasement.”

Drawing comparisons with successful corporate Bitcoin strategies, the proposal cited MicroStrategy’s example, which achieved a 537% stock performance gain since adopting Bitcoin as a treasury asset. MicroStrategy, now holding over $40 billion in Bitcoin, has reportedly profited by $17 billion. 

Tesla and other firms, including Marathon Digital Holdings and Genius Group, were highlighted as additional adopters benefiting from strategic Bitcoin allocations. Marathon secured $1 billion through a convertible note offering for Bitcoin investments, while Genius Group converted its treasury assets to Bitcoin at an average price of $90,932 per coin.

Institutional support further strengthens the case for Bitcoin’s inclusion in Amazon’s treasury strategy. BlackRock and Fidelity, Amazon’s second and fourth largest institutional shareholders, already offer Bitcoin ETFs, signaling growing acceptance of digital assets. The proposal also noted the U.S. government’s exploration of a Bitcoin strategic reserve by 2025 as a critical step toward mainstream adoption.

Amazon’s response remains uncertain, but the board of directors will review the proposal to decide on its inclusion in the April 2025 proxy statement. The outcome will hinge on the support of institutional shareholders such as Vanguard Group, State Street, and JPMorgan. Advocates caution that avoiding Bitcoin investments could expose Amazon to shareholder litigation, given the potential financial gains at stake. 

While Amazon has historically explored blockchain technology for supply chain optimization, the company’s stance on Bitcoin remains unclear as the debate heats up.

This article has been refined and enhanced by ChatGPT.