After Microsoft, the wave of demand for Bitcoin adoption spread among Amazon shareholders.
Currently, the trading price of Bitcoin ($BTC) is rising sharply and in this phase, most non-crypto investors are trying to get on the Bitcoin vehicle as soon as possible as the level of FOMO (fear of missing out) opportunity) is increasing rapidly with the trading price of Bitcoin.
Through a new proposal, Amazon shareholders asked Amazon leaders to add Bitcoin to Amazon’s treasury funds. Shareholders stated that while Bitcoin is a volatile asset, it will be beneficial for long-term holding and help fight rising inflation.
A popular X account (formerly Twitter), which shares information only related to Bitcoin, predicted that soon Apple shareholders will demand to buy Bitcoin.
In response, Binance co-founder and former CEO Changpeng Zhao (CZ) said that they should simply start accepting Bitcoin payments.
Microsoft will buy Bitcoin
As we know, over the past two months, Bitcoin advocates provided multiple beneficial factors for Microsoft leadership to consider investing in Bitcoin, in the wake of a shareholder lawsuit.
Microsoft shareholders will reportedly vote soon on whether to add Bitcoin to its balance sheet.
FOMO will adopt Bitcoin
The increasing level of FOMO for Bitcoin adoption is due to the high returns achieved by US-based Nasdaq intelligence firm Microstrategy.
Microstrategy began buying Bitcoin in 2020 under the leadership of its former CEO, Michael Saylor. So far, this company has purchased a net 402,100 BTC. Currently, the company has an unrealized profit of $16.59 billion.
Due to the investment and huge gains in Bitcoin, MicroStrategy stock, $MSTR, has also increased several times in the last 4 years.
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