Will Apple Be the Next Fortune 500 to Buy Bitcoin?

bit2Big > Bitcoin News > Will Apple Be the Next Fortune 500 to Buy Bitcoin?

A new analyst report from the Royal Bank of Canada thinks that with a small investment Apple could disrupt the crypto exchange space and pay for it by buying bitcoin.

This episode is sponsored by Nexo.io.

Today on the Brief:

  • A shifting inflation narrative
  • Reddit raises $250M and has a $6B valuation
  • Castle Island Ventures announces $50M fund II

Our main discussion: Might Apple by the next company to dive into bitcoin?

In the wake of Tesla’s surprise $1.5 billion bitcoin purchase announcement, many are wondering which Fortune 500 will be next.

According to a new report from the Royal Bank of Canada – the country’s largest bank with more than C$800 billion in assets – the best candidate may be Apple.

In this episode, NLW breaks down:

  • Why the RBC thinks Apple should build a crypto exchange
  • How a BTC treasury purchase could fund it
  • Why the crypto exchange space and the bitcoin treasury movement are both white-hot topics of discussion right now

See also: Apple Should Launch Own Crypto Exchange, RBC Analyst Says

Image credit: David Paul Morris/Bloomberg via Getty Images

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