Investor Tim Draper, head of Draper Associates, stated that Apple and Meta should include Bitcoin on their corporate balance sheets. According to Draper, failing to hold the digital asset is an irresponsible financial strategy given current macroeconomic conditions.
Draper highlighted that persistent government spending creates risks of hyperinflation or high interest rates that could destabilize the banking sector. He views Bitcoin as a potential safe harbor against these economic pressures.
The investor also discussed the role of artificial intelligence, noting its potential impact on traditional sectors like law and banking. Furthermore, he reiterated his long-term price target for Bitcoin at $250,000, citing upcoming halving events as key factors.
