Strategy’s Bitcoin treasury of nearly $80 billion is on par with tech giants, such as Microsoft. Microsoft shareholders in December rejected a proposal to investigate adding Bitcoin to Microsoft’s books.
Strategy posted X announced on Tuesday, that the value of its 640 031 Bitcoins (BTC), which it has in storage, briefly topped 80 billion dollars on Monday. hit A record-high of $126,080 has boosted the value of Amazon’s corporate treasury, which is now close to that of Google and Microsoft. Each of them holds between $97 and $95 billion of cash and cash equivalents.
Strategy’s routine Bitcoin buys, combined with Bitcoin’s rise in value, have already pushed its treasury past the value of Nvidia, Apple and Meta’s — the latter of which considered a proposal to explore making Bitcoin a treasury asset before overwhelmingly voting against it The month of June is a time for celebration.
Berkshire Hathaway holds the largest cash pile of any company at around $344 billion, while Tesla is the only other firm that holds Bitcoin to make the list of the top 10 largest corporate treasuries — but its 11,509 BTC, worth about $1.4 billion, accounts for only a small portion of the automaker’s $37 billion holdings.
Bitcoins are the currency of the Internet “debasement trade,” Analysts
JPMorgan analyst said that last week, Bitcoin and gold is a “debasement trade,” The assets may be useful as a basis for arguing hedges against the US dollar inflation As the national debt continues to rise, spiral out of control There are nearly 38 trillion dollars.
BlackRock’s CEO Larry Fink was once an opponent of Bitcoin. He said, in January this year, that Bitcoin is not a currency. Bitcoin could hit $700,000 Currency debasement concerns
Ethan Peck (Deputy Director of the National Center for Public Policy Research, NCPPR), a conservative think-tank, submitted both Microsoft’s and Meta’s Bitcoin proposals. He said that Bitcoin would protect their profits better. currency debasement.
“Since cash is consistently being debased and bond yields are lower than the true inflation rate, 28% of Meta’s total assets are consistently diminishing shareholder value,” Peck said to Meta in his statement of support.
Microsoft, Meta miss big Bitcoin gains
Microsoft rejected NCPPR’s Bitcoin proposal Meta rejected the same offer when Bitcoin traded at $104,800. Both missed double-digit gains, while their cash position continued to decline.
Microsoft shareholders were influenced by the volatility of Bitcoin to vote against this proposal.
Peck, the Bitcoin Director at Strive, a crypto-friendly financial management company, suggested that Microsoft dedicate 1% to 5 percent of its current cash to Bitcoin.
NCPPR also made a proposal similar to Amazon’s board last DecemberBut little has changed since.
The adoption of Bitcoin by corporations has increased dramatically in the year 2025
Over a million people have expressed interest in Bitcoin despite the fact that the proposals were rejected by tech giants. 200 Public companies are now holding Bitcoin. This is up from just 100 public companies at the beginning of this year.
Related: Saylor pauses Bitcoin buys as Strategy posts $3.9B Q3 gain
Bitcoin is currently just below its Monday high, and nearly all companies have seen a return on their Bitcoin investment.
Strategy acquired its 640,031 Bitcoin for an average price of $73,981, a return on investment of about 65%.
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Source: cointelegraph.com
