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Billionaire investor Tim Draper says it's 'irresponsible' for companies not to own Bitcoin

2025/05/08 14:07 (Updated 2025/05/09 07:01)
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Written by Lewis Kikutani
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Billionaire investor Tim Draper says it's 'irresponsible' for companies not to own Bitcoin
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  1. "It's irresponsible" for companies

"It's irresponsible" for companies

Billionaire investor Tim Draper strongly argued that it would be "irresponsible" for companies not to incorporate Bitcoin into their finances. According to a report by Decrypt on the 8th, at the Financial Times Digital Asset Summit, he said, "everyone should have Bitcoin," and pointed out that governments are also moving to put Bitcoin into their treasuries.

Draper remains optimistic that Bitcoin (BTC) will reach $250,000 by the end of 2025, and aims to establish an investment fund that will be run entirely in Bitcoin within the next five years. The fund will be "powered by smart contracts...

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