Every Business Should Consider Bitcoin Into Their Portfolio.

Every Business Should Consider Bitcoin Into Their Portfolio.

2021-02-10 | Big Bob

Every Business Should Consider Bitcoin Into Their Portfolio.

Renowned CNBC reporter & personality Jim Cramer has turned bullish on the Bitcoin [BTC] balance sheets within the wake of Tesla’s $1.5 Bln purchasing. "I think it's almost irresponsible to not include" bitcoin on corporate balance sheets, Cramer added on CNBC recently on Tuesday.
"Every treasurer should be getting to boards of directors and saying, 'Should we put a little portion of our cash in Bitcoin [BTC]?' It seems to be a stimulating way to hedge against the remainder of the environment," he added.
"I think it's an alternative to having a cash position where you create absolutely nothing," Cramer added. The decision on bitcoin: "Nice hedge against fiat currency." Cramer has earlier endorsed MicroStrategy's bitcoin treasury reserve. He referred CEO Michael Saylor a "gunner" he wouldn't bet against during a mid-January episode of "Mad Money." Cramer, who explained he owns Bitcoin [BTC], has earlier advocated for the cryptocurrency as a hedging instrument.

Leave a comment

Your email address will not be published. Required fields are marked *

Top 7 cryptocurrency overview



Best trading tool for cryptocurrency

2022 Top cryptocurrency Price Prediction List