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I'm not saying it's normal for large companies to invest their cash into yolo BTC and Doge (It's not), but it is common for them to invest it into something. T
by vkou 4y ago
I'm not saying it's normal for large companies to invest their cash into yolo BTC and Doge (It's not), but it is common for them to invest it into something.
That something can be securities, hedges against volatility in forex, interest rate swaps, etc, etc.
https://www.statista.com/statistics/1100132/apple-s-cash-usage-in-investing-activities/ https://www.statista.com/statistics/1100132/apple-s-cash-usa...
- albertopv 4y agoMy question was specifically about bitcoin, due to its nature it's not a normal investment, it's not an investment at all, it's pure gambling.