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Tim Draper: It is irresponsible for Apple and Meta not to hold Bitcoin

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Billionaire investor Tim Draper stated on the Bitcoin Magazine podcast that companies like Apple and Meta are being irresponsible by not holding Bitcoin (BTC) on their balance sheets. Draper argued that businesses should hold at least four weeks of operating expenses in Bitcoin to hedge against inflation and banking instability. He also reiterated his $250,000 price target for Bitcoin, linking it to future supply shocks from halving events.

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Summaries are written by AI from the original article. Not investment advice.

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