Why Oracle Should Buy Bitcoin

Following Tesla’s $1.5 billion purchase of bitcoin, Bitcoiners are patiently waiting for the next big-name institution to allocate their treasury to BTC.

One of the most likely candidates is the computer software company, Oracle (Ticker: ORCL). According to its latest 10-Q report, Oracle currently sits on a massive $43.06 billion in cash and short-term investments, with $37.24 billion in cash only. It faces the same issue that every other corporation sitting on a large pile of cash does: As Michael Saylor would say, Oracle’s treasury is a melting ice cube, eroding away from the incredible rate of monetary supply expansion that has occurred over the last 12 months.

Looking at M2 money stock, there has been roughly $4 trillion added to supply since early 2020:

However, every company faces this issue, so why have many been speculating that Oracle will be the next to take an allocation?

Larry Elison, the executive chairman and CTO of Oracle, is known to be extremely competitive. In addition, he is a member of Tesla’s board. This means that he either was in support of the decision for Tesla to purchase $1.5 billion of BTC, or at least was in the room to hear the arguments made to convince the majority of the board to go through with the decision. Given that Oracle creates computer software company products, its board and executive team are likely to be technologically savvy; therefore increasing the likelihood that they would understand why Bitcoin is so valuable as an inflation hedge asset.


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