NCPPR Proposes Bitcoin Investment to Corporations
NCPPR Proposes Bitcoin Investment to Corporations

NCPPR Proposes Bitcoin Investment to Corporations

News summary

The National Center for Public Policy Research (NCPPR) is negotiating a Bitcoin proposal with an undisclosed major company, aiming to enhance corporate resilience against inflation through cryptocurrency. The organization has already submitted a proposal for Amazon to allocate 5% of its assets in Bitcoin, which will be voted on by shareholders in April 2025. Despite a recent rejection of a similar proposal for Microsoft, the NCPPR remains determined to push for Bitcoin adoption among large corporations. Bitcoin's price recently surged to a record high of $107,000, fueled by growing institutional interest and political support. Analysts note that Bitcoin's reputation has shifted from a speculative asset to a serious consideration for central banks and large investors. This evolving landscape indicates a potential shift in how traditional finance interacts with cryptocurrencies.

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