{"id":144573,"date":"2024-12-12T08:00:06","date_gmt":"2024-12-12T06:00:06","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=144573"},"modified":"2024-12-12T00:30:51","modified_gmt":"2024-12-11T22:30:51","slug":"amazon-faces-shareholder-vote-on-bitcoin-adoption-for-treasury","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/amazon-faces-shareholder-vote-on-bitcoin-adoption-for-treasury\/","title":{"rendered":"Amazon Faces Shareholder Vote on Bitcoin Adoption for Treasury"},"content":{"rendered":"<p>Meanwhile, Binance co-founder Changpeng Zhao has <strong><a href=\"https:\/\/x.com\/cz_binance\/status\/1866033679442583789\" target=\"_blank\" rel=\"nofollow\">offered<\/a> <\/strong>a simpler perspective on the matter via his account on the social platform X, suggesting, \u201cWhy not just start accepting <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>payments?\u201d<\/p>\n<p>Despite his enthusiasm, Zhao acknowledged the limitations of BTC as a payment method, recounting a recent transaction where he paid $17.08 in Bitcoin and waited 15 minutes for confirmation. Still, he found it preferable to traditional finance, noting, \u201cNo calls, no troubleshooting\u2014it just worked after 15 minutes.\u201d<\/p>\n<p>The proposal urging Amazon to consider Bitcoin was recently submitted by the National Center for Public Policy Research, a conservative think tank. The group is requesting that Amazon\u2019s board evaluate whether adopting Bitcoin in its treasury aligns with shareholders\u2019 long-term interests.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/microstrategys-bitcoin-strategy-could-lead-to-nasdaq-100-entry\/\" title=\"MicroStrategy\u2019s Bitcoin Strategy Could Lead to Nasdaq 100 Entry\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/Microstrategy-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">MicroStrategy\u2019s Bitcoin Strategy Could Lead to Nasdaq 100 Entry<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Earlier this year, the same think tank presented a similar initiative to Microsoft. However, Microsoft shareholders rejected the idea following a recommendation from the company\u2019s board to vote against it. The decision coincided with heightened volatility in Bitcoin\u2019s price, which saw the cryptocurrency drop from a 24-hour peak of $98,327 to a low of $94,386. Currently, Bitcoin is trading at $97,111.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon shareholders are gearing up for a pivotal decision at their annual meeting next year: whether the company should explore incorporating Bitcoin (BTC) into its corporate treasury.<\/p>\n","protected":false},"author":3,"featured_media":23584,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72],"class_list":["post-144573","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Amazon Faces Shareholder Vote on Bitcoin Adoption for Treasury<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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