Financial investment advisory firm Motley Fool has announced that it will be investing $5 million of its balance sheet and buying Bitcoin (BTC). As well as this, Motley Fool also announced to its clients that Bitcoin will be added to its Discovery 10X Campaign, a portfolio focused on finding investment opportunities with potential to increase 10x in value within the next 5 to 15 years.
The news comes as somewhat of a surprise after the investment advisors warned its clients to stay away from Bitcoin, calling it a ‘horrible investment idea’ back in 2013.
Leading Investment Advisors Buying And Recommending Bitcoin
The investment advisory platform wrote to its clients earlier today that Bitcoin will be a core holding on its balance sheet and in the Discovery 10X Campaign portfolio along with 39 other assets.
With over 87 million visits a month, Motley Fool is the fifth ranked global investment platform, according to SimilarWeb, and the investment advisory firm outlined three key reasons for investing in Bitcoin. Read More