Hold Two Payrolls Cash in Bitcoin as Hedge: VC Tells Businesses

Hold Two Payrolls Cash in Bitcoin as Hedge: VC Tells Businesses


Coin Edition
2023-04-01 11:25:00

Tim Draper, a billionaire venture capitalist, has advised companies to diversify their cash management plans and keep some of their money in Bitcoin (BTC) and other cryptocurrencies. According to a snapshot shared on Twitter, Draper asked businesses to hold at least two payrolls worth of cash in Bitcoin. The announcement comes amidst the rising economic The post Hold Two Payrolls Cash in Bitcoin as Hedge: VC Tells Businesses appeared first on Coin Edition .