JackQuant
12-09

$Amazon.com(AMZN)$

The National Center for Public Policy Research has submitted the attached shareholder proposal to $Amazon.com(AMZN)$ . for consideration at the 2025 annual shareholder meeting. Shareholders request that the Board assess adding $Bitcoin(BTC.USD.CC)$ to the Company’s Treasury 😮😮

What most don't realize is the company has $88bn of cash, but also has $67bn in debt and $87bn of lease liabilities. It requires cash to run its daily operations. The company's NET cash is minimal.

What do you think ?

ImageImage

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • qwertd
    12-09
    qwertd
    This seems risky; balancing cash flow and debt is crucial before diving into Bitcoin.
    • JackQuant: 

      yeaa risky fror company and also its investor

  • Ah_Meng
    12-10
    Ah_Meng
    This has nothing to do with Amazon if Jeff disagree… won’t even make it to the agenda.
    • Ah_MengReplyJackQuant: 
      Difficult to say... it also shows the desperation among Bitcoin backers... they seem to have run out of big enough big money to move the dial. This is after all a scheme for the greater fools... despite the run-up in price, it's still early days where Bitcoin and other cryptocurrency will play out.
    • JackQuant: 

      but if its a big amount of shareholders ? think it will happen soon

Leave a comment
5
94