{"id":36672,"date":"2021-02-18T16:48:49","date_gmt":"2021-02-18T14:48:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=36672"},"modified":"2025-08-29T07:29:54","modified_gmt":"2025-08-29T04:29:54","slug":"the-motley-fool-to-buy-bitcoin-worth-5-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/the-motley-fool-to-buy-bitcoin-worth-5-million\/","title":{"rendered":"The Motley Fool to Buy Bitcoin Worth $5 Million"},"content":{"rendered":"<p>The Virginia-based financial company The Motley Fool plans to buy Bitcoin worth $5 million.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">We\u2019ve got BIG NEWS! We\u2019re buying $5 million in Bitcoin on our own balance sheet.<\/p>\n<p>That\u2019s right. $5 million.<\/p>\n<p>\u2014 The Motley Fool (@themotleyfool) <a href=\"https:\/\/twitter.com\/themotleyfool\/status\/1362120553960734728?ref_src=twsrc%5Etfw\">February 17, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Representatives cited the main reasons for buying digital gold.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\">Here\u2019s why:<\/p>\n<p>1. We believe it will store value more effectively than gold over the long term.<br \/>\n2. We believe it may become a medium for transactions, as\/if pricing stabilizes in the decade ahead.<br \/>\n3. We believe it can act as a productive hedge against inflation.<\/p>\n<p>\u2014 The Motley Fool (@themotleyfool) <a href=\"https:\/\/twitter.com\/themotleyfool\/status\/1362120554975813633?ref_src=twsrc%5Etfw\">February 17, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote>\n<p>1. We believe that, in the long run, Bitcoin will be a more effective store of value than gold.<\/p>\n<p>2. We believe it could become a medium of exchange, as prices stabilise in the coming decade.<\/p>\n<p>3. We believe it can serve as an effective hedge against inflation.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\">We generally recommend investors aim to own at least 30 stocks and hold them for a minimum of 5 years.<\/p>\n<p>And we think Bitcoin can play a role within a diversified portfolio built with a focus on the long term.<\/p>\n<p>\u2014 The Motley Fool (@themotleyfool) <a href=\"https:\/\/twitter.com\/themotleyfool\/status\/1362120556078915585?ref_src=twsrc%5Etfw\">February 17, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote>\n<p>We generally recommend that investors own at least 30 stocks and hold them for at least 5 years. And we believe that Bitcoin can play a role in a diversified long-term portfolio.<\/p>\n<\/blockquote>\n<p>The company also stressed that they are not concerned by short-term volatility. In addition, The Motley Fool plans to buy cryptocurrency &#8216;directly, rather than investing in ETFs&#8217;.<\/p>\n<p>Earlier, Elon Musk\u2019s Tesla <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musks-tesla-invested-1-5-billion-in-bitcoin-the-assets-price-rose-to-44800\">invested $1.5 billion in Bitcoin<\/a>, sparking a rally in cryptocurrency prices.<\/p>\n<p>For details on how billionaires are changing their views on cryptocurrencies, see ForkLog:<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"uC0Ph3en2u\">\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/from-denial-to-acceptance-how-billionaires-are-embracing-cryptocurrencies\">From denial to acceptance: how billionaires are moving to cryptocurrencies<\/a><\/p>\n<\/blockquote>\n<p>Follow ForkLog&#8217;s news on Telegram: <a href=\"https:\/\/t.me\/forkloglive\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog FEED<\/a> \u2014 the full feed of news, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Motley Fool, a Virginia-based financial company, plans to buy Bitcoin worth $5 million.<\/p>\n","protected":false},"author":1,"featured_media":36673,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18],"class_list":["post-36672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=36672"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36672\/revisions"}],"predecessor-version":[{"id":36674,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36672\/revisions\/36674"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/36673"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=36672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=36672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=36672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}