Hello!
I was reading twitter as always and I found that Amazon's stakeholders will have to analyze if it makes sense for them to buy Bitcoin and hold in in their balance sheet as a reserve asset. So another TOP 10 company that joins Microsoft in evaluating this new strategy to provide value to their shareholders.
Microstrategy's play doesn't go unnoticed by the top companies of the world. I still think the odds of Microsoft or Amazon adopting Bitcoin as a reserve asset are not above 10%, but they are starting to notice. One doesn't convert to a Bitcoiner in one day, it's a journey. But once you are converted, you never came back to the FIAT brainwashed system again.
Microsoft shareholders are set to decide on the firm’s Bitcoin investment proposal this Tuesday, December 10.
@BitcoinNewsCom
So, the first will be Microsoft. We'll know he results of the vote in a couple of days.
Game theory is starting, and there will be a point where all the FAANG companies will be competing to add Bitcoin to their balance sheet. And they will compete with countries, hedge funds, and all the other Bitcoiners in the world. It will be wild!
In the photo below you can find the announcement made by Amazon shareholders to the Board:
Have a great week!
Posted Using InLeo Alpha
They sure are late to the party.
Everyone buys Bitcoin at the price they deserve
If Amazon decides to acquire BTC, I wouldn't be surprised if they use a small fraction of the huge processing power they've got as AWS (Amazon Web Services) for mining them, instead of buying them on the open market.
That would be a good strategy too. Not sure if they are optimized to mine.
That seems like institutional FOMO, lol.
😍