The Breakdown

Will Apple Be the Next Fortune 500 to Buy Bitcoin?


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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
-- Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io -- Enjoying this content?   SUBSCRIBE to the Podcast Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=   Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW   The Breakdown is produced and distributed by CoinDesk.com
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