The Motley Fool is purchasing $5 million in Bitcoin and expects a major return on its investment.
The hugely popular financial media outlet says it’s adding BTC to its Discovery 10x campaign, which focuses on long-term investment opportunities that could increase 10x in value.
Alongside the 10x recommendation, in the coming weeks The Motley Fool will add $5 million in Bitcoin to its own balance sheet.
The company highlights three primary reasons for its investment.
“We believe it will store value more effectively than gold over the long term. We believe it may become a medium for transactions, as/if pricing stabilizes in the decade ahead. We believe it can act as a productive hedge against inflation.”
“While Bitcoin may very well continue to be volatile in the short term, we think it has 10x potential from today’s levels over the long term as part of a diversified portfolio. We plan to hold this Bitcoin investment for many years.”
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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