Will Apple Be the Subsequent Fortune 500 to Purchase Bitcoin?

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Will Apple Be the Subsequent Fortune 500 to Purchase Bitcoin?

A brand new analyst report from the Royal Financial institution of Canada thinks that with a small funding Apple may disrupt the crypto change plac


A brand new analyst report from the Royal Financial institution of Canada thinks that with a small funding Apple may disrupt the crypto change place and pay for it by shopping for bitcoin.

This episode is sponsored by Nexo.io.

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Our fundamental dialogue: Would possibly Apple by the following firm to dive into bitcoin?

Within the wake of Tesla’s shock $1.5 billion bitcoin buy announcement, many are questioning which Fortune 500 might be subsequent.

In keeping with a brand new report from the Royal Financial institution of Canada – the nation’s largest financial institution with greater than C$800 billion in belongings – the most effective candidate could also be Apple.

On this episode, NLW breaks down:

  • Why the RBC thinks Apple ought to construct a crypto change
  • How a BTC treasury buy may fund it
  • Why the crypto change house and the bitcoin treasury motion are each white-hot subjects of debate proper now

See additionally: Apple Ought to Launch Personal Crypto Change, RBC Analyst Says

Picture credit score: David Paul Morris/Bloomberg by way of Getty Pictures



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