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 reported on Tuesday that it’s 640,031 Bitcoins (BTC), temporarily valued at $80 billion on Monday. hit A record-high of $126,080 has boosted the value of Amazon’s corporate treasury, moving it closer to Microsoft, Google and Amazon who each have 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 In June,
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 analysts stated last week that Bitcoins and gold were a “debasement trade,” The assets may be used to argue for a claim. hedges against the US dollar inflation The national debt of the United States continues to increase. spiral out of control Over $38 trillion.
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 turned down the same pitch at $104,800 when Bitcoin reached $97,170. This meant that both companies missed out on gains of double digits while the value their cash was continuing to depreciate.
Microsoft’s shareholders voted against the proposal because of Bitcoin’s volatile price.
Peck, who is also the Bitcoin Director at cryptocurrency-friendly wealth manager Strive, suggested that Microsoft allocate between 1% and 5% of their cash to Bitcoin.
NCPPR also made a proposal similar to Amazon’s board last DecemberSince that time, very little has changed.
Bitcoin adoption by corporates has skyrocketed in 2025
The tech giants have rejected Bitcoin, but over 200 By the end of 2018, there were more than 100 public companies that held Bitcoin.
Related: Saylor pauses Bitcoin buys as Strategy posts $3.9B Q3 gain
Bitcoin’s current price is just below the all-time Monday high. Almost all Bitcoin investors are now up.
Strategy purchased its 640 031 Bitcoins at an average price of $73,981. This represents a gain of 65% or $30.4 Billion on the investment.
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Source: cointelegraph.com
