Billionaire investor Tim Draper has called on major tech companies Apple and Meta to hold Bitcoin on their balance sheets as a safeguard against potential monetary instability caused by ongoing U.S. government spending and fiscal deficits. Draper argues that keeping all corporate reserves outside Bitcoin exposes companies to financial risks, including banking failures and inflation. Despite Draper's recommendation, neither Apple nor Meta currently disclose Bitcoin holdings in their treasury assets, and previous shareholder proposals to assess Bitcoin investment have been rejected. Draper maintains a long-term Bitcoin price target of $250,000, linking it to future supply reductions from Bitcoin halvings, but corporate adoption remains cautious and uneven.
The story about Tim Draper's call for Apple and Meta to hold Bitcoin provides context for cryptocurrency market activity. As of Sep 22, 2026 14:12 WIB, 42 of 50 major cryptocurrencies on Pluang rose while 7 fell. Bitcoin was priced at Rp1.523.683.700 with a 4.83% increase, and Pluang order activity showed 65% sell and 35% buy.
Ethereum surged 4.8% to $2,752.53, nearing the $3,000 mark as BitMine increased its holdings by 27,562 ETH, now holding nearly 5% of total supply. Despite $140 million weekly outflows from US spot Ethereum ETFs, a sharp $143.8 million inflow on Frida...
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Former BitMEX CEO Arthur Hayes suggests that a drop in AI investment could indirectly support Bitcoin by causing financial strain on heavily leveraged AI infrastructure projects, such as data centers and semiconductor purchases. This strain might imp...
Ahead of the Trump-Xi summit, over two dozen Democratic lawmakers, led by Rep. Debbie Dingell, are urging President Trump to maintain existing restrictions that block Chinese automakers from entering the U.S. market. They argue that Chinese subsidies...
