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3232Ark Investment Study Suggests BTC Value Will Rise by $40,000 if All S&P 500 Companies ‘Allocate 1% of Their Cash to Bitcoin’
https://www.digit.info/ark-investment-study-suggests-btc-value-will-rise-by-40000-if-all-sp-500-companies-allocate-1-of-their-cash-to-bitcoin/
Mon, 01 Feb 2021 14:30:23 +0000https://www.digit.info/2021/02/01/ark-investment-study-suggests-btc-value-will-rise-by-40000-if-all-sp-500-companies-allocate-1-of-their-cash-to-bitcoin/Read more]]>According to the findings of a study by Ark Investment Management (AIM), the value of bitcoin can potentially increase by $40,000 if all S&P 500 companies allocate 1% of their cash holdings to the crypto. Similarly, if all these companies were to convert 10% of cash holdings into bitcoin, the value of the crypto asset […]