Does this make sense to anyone?

in #bitcoin10 days ago

Why would you not do this?

If you are sitting on $100's of billions of dollars and are a mature business with not a ton of avenues for massive growth, why would you not turn to bitcoin?

We are not talking about a big jump here, we are simply talking about putting 5% of your cash reserves into bitcoin as a hedge.

They are not going to spend this $200 billion anytime soon so they need to do something with it.

Why would you not put some in bitcoin as a hedge?

This result makes no sense to me:

image.png

(Source: https://x.com/WalkerAmerica/status/1866910362353783038/photo/1)

I mean maybe they are going to buy short term treasuries instead?

But sitting in cash doesn't make much sense to me.

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