Billionaire Investor Tim Draper States that Not Holding Bitcoin is 'Irresponsible' for Companies

2025/05/08 14:07 (Updated 2025/05/12 21:03)

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Written by Lewis Kikutani

Billionaire Investor Tim Draper States that Not Holding Bitcoin is 'Irresponsible' for Companies

Companies are 'Irresponsible'

Billionaire investor Tim Draper has strongly argued that it is 'irresponsible' for companies not to include Bitcoin in their finances. According to reports from Decrypt and others on the 8th, at the Financial Times Digital Asset Summit, he stated that 'everyone should have Bitcoin', and pointed out that even governments have started to include Bitcoin in their treasuries.

Draper maintains an optimistic forecast that Bitcoin (BTC) will reach $250,000 by the end of 2025, and aims to establish an investment fund operated entirely with Bitcoin within the next five years. This fund will be based on 'smart contracts'...

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Iolite Vol.18

March 2026 issueReleased on 2026/01/30