Financial Advisor Motley Fool Adds $5 M BTC to Its Portfolio

in #finance4 years ago

Monthley Fool 1.jpg

Virginia-based monetary and investing advice company announced investing $5 M in Bitcoin. The purchased coins will be added to the company's assets-and-liabilities as well as to its "10X" campaign. That means Motley Fool expects Bitcoin price to reach $500.000 within 15 years.

The company pointed out three reasons to invest in BTC. They are the coin's being better storage of value than gold, being an efficient hedge against inflation, and that probably it will turn into a medium of exchange.

Read more on BlockchainToday
Financial Advisor Motley Fool Adds $5 M BTC to Its Portfolio