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.
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