Billionaire investor Tim Draper argued that businesses who have yet to purchase Bitcoin for their corporate treasuries are “being irresponsible.”
Speaking at the Financial Times Digital Assets Summit, the prominent Bitcoin bull argued that “everybody ought to have some Bitcoin,” noting that “governments are recognizing that Bitcoin should be in their treasury.”
Draper, who remains “optimistic” that Bitcoin will hit $250,000 by the end of 2025, added that he hopes to have a fund “in the next five years” that runs entirely on the cryptocurrency: “I raise it completely in Bitcoin, I invest it in entrepreneurs in Bitcoin, all of them pay their employees and suppliers all in Bitcoin.”
