Summary:
- Amazon shareholders are pushing for the company to allocate a minimum of 5% of its cash reserves to Bitcoin, according to a new shareholder proposal.
- The proposal argues that diversifying Amazon's cash holdings into Bitcoin would help protect the company's assets against inflation and provide potential upside exposure to the growing cryptocurrency market.
- The proposal will be voted on at Amazon's upcoming annual shareholder meeting, though it remains to be seen whether it will gain enough support to be implemented.