Investments of corporations towards digital currency

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3 years ago

More and more big companies have been showing interest towards bitcoin and it is only a matter of time when the rest will also follow them. With Microstrategy's $425 million investment to bitcoin, corporation like Square and even PayPal have also made their way to the crypto world.

Bill Miller, who is a famous investor, noted before that bitcoin's price is very "volatile," but believes that with time, it will get better every day while its risk would be much lower. He also added that it is a "single best performing asset class."

With bitcoin's supply and demand. It is like that the supply will grow about 2.5% a year while its demand will also rise much faster than its supply.

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