Three billionaire investors declared aggressive Bitcoin (CRYPTO: BTC) targets at Bitcoin 2026 in Las Vegas on Monday, with price calls ranging from $125,000 to warnings of a massive supply shock.
Tim Draper: Companies Must Hold 5% to 15% in Bitcoin
Tim Draper said businesses should allocate 5% to 15% of treasury to Bitcoin to hedge against fiat currency erosion and prepare for potential financial system disruptions.
“It’s irresponsible now for a company to operate and have a big treasury and not have some portion of that in Bitcoin,” Draper said.
“If you want to protect your family, you want to protect your company, you want to protect your country, you better have some Bitcoin,” he added.
Meanwhile, Draper warned that increasing merchant acceptance of Bitcoin could trigger a bank run as retailers shift to accepting only Bitcoin.
He cited Silicon Valley Bank’s collapse as evidence the banking system nearly …