The Lingerie Fighting Championships (LFC), an all-women's MMA league, plans to invest $2.23 million in Bitcoin, inspired by GameStop's recent purchase of the cryptocurrency. LFC's CEO, Shaun Donnelly, noted that the league has previously mirrored GameStop's actions, albeit unintentionally. The decision to acquire Bitcoin was influenced by the success of companies like MicroStrategy, which saw significant gains after adopting Bitcoin as a treasury asset. Donnelly believes that as more companies invest in Bitcoin, it’s essential for LFC to join the trend. He anticipates Bitcoin could reach over $1 million by 2035, aligning with LFC's long-term strategy. While considering other cryptocurrencies, Donnelly feels none match Bitcoin's market impact. LFC is also exploring crypto sponsorships and payment options. Despite past skepticism about Bitcoin, Donnelly acknowledges its growing importance. The organization, which has evolved from a mockumentary-style production to a public company, aims to leverage its YouTube channel and touring shows to mitigate risks associated with Bitcoin's volatility. Read more AI-generated news on: https://app.chaingpt.org/news

#BTC