MicroStrategy’s CEO Michael Saylor recently proposed a $600 million Bitcoin purchase to Amazon founder Jeff Bezos. Saylor, who is known for his bullish stance on cryptocurrency, sees Bitcoin as a valuable asset for companies to hold in their treasury reserves. This proposal comes after MicroStrategy’s own significant investments in Bitcoin, totaling over $1 billion. Saylor’s pitch to Bezos highlights the potential benefits of adding Bitcoin to Amazon’s balance sheet, citing its ability to act as a hedge against inflation and a store of value. The outcome of this pitch remains to be seen, but it reflects the growing interest in Bitcoin among corporate entities.
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