I mean honestly I don't see a good reason that a company that generates free cash flow and is sitting on a pile of cash doesn't put a couple percent in bitcoin, sure I am biased, but even looking at it from a non-biased perspective, putting 1% or so in there makes a ton of sense if not just to capture some the euphoria going around.
You are viewing a single comment's thread from:
Yeah, I hear you. It's crazy to think they would be so overly cautious. They probably generate in a month what they would be investing. Like I said, spent and forgotten about.
Posted Using LeoFinance Beta
Yep, easily. Eventually they will do it to appease shareholders. "Here we put 2% in bitcoin, now let us run our business again".
Yeah, for sure. I can totally see the drive coming from the shareholders. I hold some Apple stock. Maybe I should make my voice heard! :)
Posted Using LeoFinance Beta