The American think tank "National Public Policy Research Center" proposed to Amazon to establish a Bitcoin treasury

According to reports, the National Public Policy Research Center in Washington D.C., a think tank advocating for free markets, has submitted a shareholder proposal to Amazon. The proposal suggests considering adopting Bitcoin as part of its corporate treasury strategy at the shareholders' meeting in April 2025.

The think tank pointed out in the letter that the current Consumer Price Index (CPI) used by the United States to measure inflation is 4.95%, but this indicator is "extremely poor" when it comes to measuring real currency depreciation. The authors believe that the actual inflation rate may be twice what is reported by CPI; this greatly erodes Amazon's $88 billion cash and short-term cash equivalents. To protect shareholder value, they should use Bitcoin to hedge against this risk.

The think tank wrote: "As of December 6th, 2024, Bitcoin prices have increased by 131% year-on-year, performing on average better than corporate bonds by 126%. Over the past five years, Bitcoin prices have risen by 1,246%, performing on average better than corporate bonds by 1,242%."