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

In a recent post on X, Saylor directly suggested that Jeff Bezos, Amazon’s founder, should consider Bitcoin a significant investment. Saylor’s recommendation comes as Bezos reportedly prepares for a $600 million wedding celebration.

Meanwhile, Saylor urged Bezoz instead to leverage the $600 million sum for Bitcoin acquisition. “$600M would buy a lot of Bitcoin,” he said.

Reports indicate that Jeff Bezos is set to wed Lauren Sanchez on December 28 in Aspen, Colorado. According to the report, the event will feature extravagant arrangements, including the acquisition of a high-end sushi restaurant with seating for up to 180 guests. Furthermore, multiple luxurious mansions have been rented to host the event’s attendees. 

However, Bezos has denied reports about the million-dollar celebration, calling the claims “completely false” and cautioning against believing everything seen in the media.

$600M would buy a lot of Bitcoin.

— Michael Saylor⚡️ (@saylor) December 22, 2024

Amazon Discussing Bitcoin Adoption

Meanwhile, Saylor’s proposal for Bitcoin acquisition coincides with growing momentum among Amazon’s stakeholders to explore Bitcoin adoption. The National Center for Public Policy Research (NCPPR), a U.S.-based think tank, has recently encouraged Amazon to examine Bitcoin’s integration into its financial operations. 

This initiative will culminate in a shareholder vote during Amazon’s annual meeting in April, where the inclusion of Bitcoin on the company’s balance sheet will be a key agenda item. 

Saylor Pushes Bitcoin to Microsoft Board

While pushing for Bitcoin adoption at Amazon, Saylor has also been actively advocating for other tech giants. On December 1, he made a Bitcoin presentation to Microsoft’s board of directors. Saylor argued that Bitcoin could revolutionize capital preservation and productivity, framing it as essential for the company’s long-term growth.

He also highlighted Bitcoin’s capacity to mitigate traditional capital risks, positioning it as a superior form of digital capital.

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

By leveraging 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 turned down the proposal, recommending against it, citing volatility problems.