Amazon, Microsoft Consider Buying Bitcoin—Other Big Tech Could Follow Suit

Posted under: Fintech
Date: 2024-12-10
Amazon, Microsoft Consider Buying Bitcoin | Other Big Tech Could Follow Suit

Amazon shareholders proposed holding 5% of assets in Bitcoin, citing it as a means to maximize shareholder value. Meanwhile, Microsoft shareholders will vote on investing 1% of assets in Bitcoin on Dec. 10. Apple plans to purchase $250 million worth of Bitcoin by 2024. Big Tech's decisions on Bitcoin could significantly impact its mainstream adoption and corporate investment trends.

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