Bitcoin breaks historical barriers as large corporations debate its adoption

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By Jack Ferson

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Going back to Bitcoin’s performance in recent days, December 10 could have been another historic day if from the headquarters of Microsoft They had decided to bet on the future. This day, Microsoft held a meeting of key shareholders where a proposal to include Bitcoin on its balance sheet was put to a vote. Although the board of directors recommended rejecting the measure due to concerns about volatility, regulatory risks and strategic considerations, the proposal alone generated great expectations in the market. The fact that Microsoft, one of the most valuable companies in the world, openly discussed adopting Bitcoin was interpreted as a significant validation of the asset by the tech industry.

However, Microsoft’s board of directors chose to maintain its conservative approach, arguing that its current strategy already provides strong returns to shareholders. They also stressed the importance of maintaining financial stability and prioritizing growth areas such as artificial intelligence and cloud computing. Despite this decision, the debate around Bitcoin and the participation of technology giants continues to mark an important change in its perception as a store of value and investment diversification tool.

In addition to Microsoft’s recent decision not to include Bitcoin on its balance sheet, Amazon is also facing pressure to adopt this strategy. The National Center for Public Policy Research (NCPPR) has urged Amazon to invest at least 5% of its assets in Bitcoin, citing that it would be an effective hedge against inflation, especially in a context where official rates do not reflect the true level of monetary devaluation. According to the group, Amazon’s $88 billion in cash and short-term assets could benefit from Bitcoin’s appreciation, despite its short-term volatility.

This proposal will be discussed at the next annual meeting of shareholders of Amazon in 2025, reflecting a significant change in institutional investors’ expectations towards cryptocurrencies. Although Amazon has not confirmed plans to adopt Bitcoin in its treasury, it has already shown interest in blockchain, offering managed blockchain services through Amazon Web Services and seeking talent specializing in digital currency and blockchain.

The debate over Bitcoin at Amazon is similar to that faced by Microsoft, where it was rejectedmade a similar proposal, indicating that decisions about balance sheet assets are managed internally. This shows a divide in how large corporations are approaching institutional cryptocurrency adoption: some taking progressive approaches, while others opt for caution.

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