Tim Draper: Apple and Meta are 'Irresponsible' for Not Holding Bitcoin
Billionaire investor Tim Draper argued in a Bitcoin Magazine podcast that corporations are financially and legally exposed if they do not hold Bitcoin. He suggested that businesses should maintain at least four weeks of operating expenses in Bitcoin to hedge against government spending and potential hyperinflation. Draper also reiterated his $250,000 price target for Bitcoin, linking it to the supply shock expected from future halving events.
Summaries are written by AI from the original article. Not investment advice.