Michael Saylor Intensifies Bitcoin Advocacy, Now Targeting Amazon Boss Jeff Bezos

Michael Saylor, chairman of MicroStrategy, has intensified his advocacy for Bitcoin adoption among leading global corporations, now taking it to Amazon boss Jeff Bezos.

MicroStrategy chairman Michael Saylor continues to champion Bitcoin adoption by leading global corporations, and his latest overture is directed at Amazon chief Jeff Bezos.

In a recent post on X, Saylor suggested that Bezos, the founder of Amazon, should allocate a significant portion of his wealth to Bitcoin. This recommendation comes as Bezos prepares for a lavish $600 million wedding celebration, according to reports.

Saylor urged Bezos to instead channel the $600 million into acquiring Bitcoin.

“$600M would buy a lot of Bitcoin,” he noted.

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Meanwhile, Saylor's overture coincides with growing momentum among Amazon stakeholders to explore Bitcoin adoption. The National Center for Public Policy Research (NCPPR), a U.S.-based think tank, has been pushing for Amazon to consider integrating Bitcoin into its financial operations.

This initiative will culminate in a shareholder vote during Amazon's annual meeting in April, with a proposal to include Bitcoin on the company's balance sheet as a key agenda item.

Saylor Pitches Bitcoin to Microsoft Board

While making his case for Amazon to adopt Bitcoin, Saylor has also been actively engaging other tech giants on the matter. On December 1, he presented Bitcoin to Microsoft's board of directors.

Saylor framed Bitcoin as a capital preservation and productivity tool that is essential for the company's long-term growth. He argued that Bitcoin could revolutionize capital allocation strategies in the tech industry.

Highlighting Bitcoin's ability to mitigate traditional capital risks, he positioned it as a superior form of digital capital.

Moreover, Saylor proposed that adopting Bitcoin could provide companies like Microsoft with an alternative to traditional financial strategies, such as stock buybacks.

By embracing Bitcoin, he argued, corporations could achieve higher returns, bolster shareholder confidence, and reduce counterparty risks, aligning with global trends of using Bitcoin as a hedge against economic instability.

However, Microsoft's shareholders ultimately voted against the proposal, recommending against it due to concerns over volatility.

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