The Motley Fool endorses Bitcoin with a $5 million purchase

The Motley Fool endorses Bitcoin with a $5 million purchase

Another fan of Bitcoin has decided to make their love affair public. Investment advisory firm, The Motley Fool, is the latest organization to add Bitcoin to its portfolio. The company announced on Wednesday that it had invested $5 million through its 10X real-money portfolio into Bitcoin.

Whilst making the announcement, the firm also revealed that it will add an extra $5 million worth of Bitcoin to its own balance sheet; an investment it plans to hold for many years.

The Motley Fool gave three primary reasons guiding its decision to invest in Bitcoin. For one, it believes that Bitcoin is a better store of value than gold in the long-term. Bitcoin also has the potential to become a recognized medium of payment if prices stabilize in the future. Finally, Bitcoin can function as a hedge against inflation.

The firm ended its announcement with a direct jab at Bitcoin ETFs, calling them overpriced. The Motley Fool wrote:

We aren’t buying overpriced ETFs as our route into Bitcoin. We are buying Bitcoin directly.

The Motley Fool has been in operation since July 1993. An endorsement from the firm goes with the narrative that traditional organizations are turning to embrace Bitcoin. About six days ago, America’s oldest bank announced that it was launching a crypto custody service.

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$70M Committed to Boba Network as Foundation Concludes BOBA Token Agreement with FTX Recovery Trust

$70M Committed to Boba Network as Foundation Concludes BOBA Token Agreement with FTX Recovery Trust

Grand Cayman, Cayman Islands, July 1st, 2025, Chainwire Boba Governance Foundation today announced a significant milestone with a $70 million capital commitment secured from Awaken Foundation and LDA Capital to fund the continued development and ecosystem expansion of Boba Network, the leading Layer-2 blockchain for AI-powered decentralized applications (dApps), enabled

By John Williams