Prominent billionaire and venture capitalist Tim Draper has advised tech giants Apple and Meta to incorporate Bitcoin into their financial reserves, claiming that avoiding BTC can pose significant financial risks.
Summary
- Tim Draper advocates for Bitcoin holdings at Apple and Meta as a safeguard against looming economic instability.
- As of June, Apple disclosed $146.5 billion in cash and securities without any Bitcoin allocations.
- Meta revealed $90.3 billion in cash and marketable assets in June, also with no Bitcoin exposure.
- Microsoft shareholders overwhelmingly rejected a Bitcoin treasury proposal in 2024, gathering just 0.55% in support.
- Similarly, Meta shareholders dismissed their 2025 Bitcoin treasury suggestion after the board advised against it.
Bitcoin Magazine reported on September 21 following a 30-minute discussion where Draper described it as “irresponsible” for major tech firms to have no Bitcoin assets. He associated this stance with U.S. government expenditure, warning that the current fiscal trajectory could lead to either hyperinflation or significantly high interest rates that could challenge banks.
Draper’s remarks reflect his personal investment perspective rather than any official policy from Apple or Meta. Recent quarterly reports from both companies do not indicate Bitcoin presence among their treasury assets.
Tim Draper advocates for Bitcoin as operating cash
In the interview, Draper suggested that businesses should hold about four weeks’ worth of operating costs in Bitcoin, while individuals might consider six months’ expenses in BTC. He emphasized that governments too should explore Bitcoin as a hedge against inefficiencies in traditional financial systems.
His argument extends beyond merely considering Bitcoin as a hedge against inflation. Draper posited that if corporations lack Bitcoin in their portfolios, they expose themselves to risks if banks, where their cash is stored, encounter failures. He champions Bitcoin as an alternative asset that operates outside the traditional banking framework.
Draper has consistently advocated for Bitcoin as an essential part of a decentralized financial ecosystem. In this latest chat, he intertwined blockchain tech with artificial intelligence, smart contracts, and automated software, asserting that technological advances could lessen reliance on traditional payment processors, accountants, and other centralized services.
While Draper’s financial predictions remain highly speculative, no official forecasts from the U.S. predict certain hyperinflation, and current fiscal statistics do not suggest such an event is imminent. Nevertheless, Treasury figures reveal ongoing significant federal deficits.
Recent data from the U.S. Treasury indicated a federal deficit of $167 billion for August. Over the first 11 months of the fiscal year 2026, federal expenditures total approximately $6.8 trillion against about $4.8 trillion in revenue, resulting in a cumulative deficit of nearly $2 trillion.
These statistics highlight current borrowing needs but do not confirm Draper’s assertion that the fiscal course must lead to hyperinflation or a crisis within the banking sector.
No Bitcoin holdings reported by Apple and Meta
Apple’s latest quarterly report provides insight into the kind of balance sheet Draper suggests should partially include Bitcoin.
As of June 27, Apple disclosed $39.54 billion in cash and cash equivalents, $22.86 billion in current marketable securities, and $84.12 billion in non-current marketable securities, totaling around $146.5 billion.
The listing encompasses cash, money market funds, U.S. Treasury securities, securities from government agencies, corporate investments, and other traditional assets. A review of the Form 10-Q indicated no mention of Bitcoin.
No Bitcoin treasury proposal was presented at Apple’s February 2026 annual shareholder meeting, which included five items related to board directors, auditors, executive compensation, a stock plan, and a shareholder proposal involving China.
Meta’s latest filings demonstrate a similar trend. As of June 30, Meta reported $15.46 billion in cash and cash equivalents and $74.80 billion in marketable securities, amounting to about $90.3 billion in total.
The documented portfolio consists of money market funds, U.S. government securities, agency debt, corporate bonds, and marketable equities. Meta’s current Form 10-Q does not reference Bitcoin.
Previous Bitcoin proposals rejected by Meta and Microsoft shareholders
Meta had previously encountered a formal request from shareholders regarding Bitcoin.
A proposal in 2025 urged the board to assess the potential benefits of including Bitcoin in Meta’s treasury for the shareholders’ advantage. The company’s board recommended against it, citing their existing treasury management strategy already considers diverse asset classes.
As reported earlier, the Meta Bitcoin treasury proposal was initiated by Ethan Peck representing a family trust, arguing that traditional cash and bonds could depreciate in value and advocating for Bitcoin as an alternative reserve asset.
This proposal faced rejection during Meta’s annual meeting on May 28, 2025, with 3,916,871 votes in favor but 4,980,828,562 against it, resulting in 8,857,588 abstentions.
Similarly, Microsoft experienced an analogous effort months earlier. The shareholders did not approve a Bitcoin investment assessment during the December 2024 annual meeting, following the board’s recommendation to oppose the plan.
The SEC filing indicated that only 0.55% of votes supported this proposal, with 28.23 million shares in favor and over 5.14 billion votes against it.
Crypto.news previously reported on the rejection of Microsoft’s Bitcoin treasury proposal after the vote. Microsoft maintained that their treasury team already evaluates a wide range of investment avenues and did not require such an assessment.
Draper maintains his $250,000 Bitcoin forecast
During this latest discussion, Draper reiterated his longstanding prediction for Bitcoin to reach $250,000. Bitcoin Magazine reported that he connects this prediction to anticipated Bitcoin halvings, which will lead to a decrease in new supply.
Despite Draper’s forecast, it remains uncertain as there is no definitive timeline backing it. Previous Bitcoin price predictions have often missed their projected dates.
The adoption of Bitcoin among corporations is inconsistent. While some public companies have strategies built around Bitcoin holdings, many large tech firms keep their liquid reserves primarily in cash, government bonds, and other conventional instruments.
The concept of a corporate Bitcoin treasury has evolved, leading to a category of public firms whose valuations are intricately linked to their cryptocurrency reserves. Simultaneously, various treasury companies have faced challenges when Bitcoin values declined or financing expenses rose.
One prominent adopter, Strategy, has adjusted its treasury approach in 2026 as it addresses financing responsibilities and liquidity needs. Recent reports from crypto.news showed Strategy’s evolution from constant accumulation to proactive Bitcoin treasury management after the firm began liquidating portions of its holdings.
Draper did not indicate whether Apple or Meta had engaged in dialogues about acquiring Bitcoin or altering their treasury policies. His remarks on September 21 were presented as investment insights during the interview with Bitcoin Magazine.