Eric Semler: Public Companies urged to Own Bitcoin to Avoid Being ‘Irresponsible’
Semler Scientific’s chairman, Eric Semler, believes that more companies will start adding bitcoin to their reserves in the near future. He argues that failing to do so would be considered “irresponsible.” This prediction comes at a time when the cryptocurrency market is gaining more mainstream acceptance and adoption.
Semler’s statement highlights the growing interest in bitcoin as a legitimate store of value and investment opportunity. Many companies, such as Tesla, MicroStrategy, and Square, have already added bitcoin to their balance sheets, citing reasons such as hedging against inflation and diversifying their investment portfolios.
The trend of companies diversifying their reserves by adding bitcoin is expected to continue as more businesses recognize the potential benefits of holding cryptocurrency. This shift reflects a broader acceptance of digital assets as a legitimate asset class in the financial world.
While the decision to add bitcoin to reserves may not be suitable for every company, it is clear that more businesses are exploring this option as part of their overall financial strategy. As the cryptocurrency market continues to evolve, it will be interesting to see how companies adapt and incorporate digital assets into their financial planning.
