Wall Street’s rush for Bitcoin is speeding up, as institutions and company treasuries that once doubted it are now stepping into crypto finance.
Tim Draper, a billionaire venture capitalist, thinks that Wall Street is in the middle of a historic rush into Bitcoin as banks and corporate treasurers race to get custody and balance sheet exposure.
Draper says that the "fear of missing out" in institutions has reached a breaking point on X. He says, "It's becoming irresponsible not to own Bitcoin."
He also believes that companies that laughed at the idea just two years ago are now asking how quickly they can add it to their balance sheets.
Draper's warning goes beyond the boardroom. He says that families who don't have at least six months' worth of savings in Bitcoin "run the risk of being in the back of the line when there is a run on the (fiat) banks."
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If governments fail to add Bitcoin to their treasuries while continuing to overspend, they risk becoming "marginalized by their own overspending.”
Tim Draper, chairman of DFJ Athena, at the Paris Blockchain Week summit in Paris.Getty Images He also says:
"Any treasury department that doesn't own Bitcoin is putting itself at risk of losing money faster because of the dollar's inflation. The dollar vs Bitcoin dynamic is reaching a tipping point."
Draper's three blunt warnings:
Families without six months of Bitcoin savings are at risk
Governments that fail to adopt Bitcoin will be ‘marginalized’
Treasury departments that avoid Bitcoin holdings will incur losses.
Bitcoin will lead
Promoting his upcoming interview, he points to El Salvador's national Bitcoin adoption strategy and MicroStrategy's early corporate embrace of the asset as proof that Bitcoin is becoming increasingly necessary.
Draper said that these examples will be models "for the next wave of adoption." MicroStrategy, founded in 1989, is the largest institutional adopter of Bitcoin.
At press time, the global corporate Bitcoin holding has crossed over 1000,000 Bitcoin for the first time, with nearly $111 billion locked up by institutions.
Story ContinuesRelated: What are yield coins? Yield bearing assets explained
Draper's Bitcoin prediction
In a new prediction, Draper says that Bitcoin would reach $250,000 by the end of 2025. He said this because the cryptocurrency's fundamentals were stronger than ever, and the U.S. dollar's appeal as a hedge was growing.
FAQs
Q: Who is Tim Draper and why is his opinion on Bitcoin influential?
A: Billionaire venture capitalist Tim Draper invested in Tesla, Skype, and Hotmail early on. Since buying thousands of BTC from a U.S. Marshals auction in 2014, he has been a vocal Bitcoin supporter.
Q:What is Tim Draper’s current stance on Bitcoin?
A: Draper argues that it is now “irresponsible not to own Bitcoin.” He believes corporations, families, and governments that avoid Bitcoin risk accelerating losses to inflation and financial instability.
This story was originally reported by TheStreet on Sep 4, 2025, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.
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Early Tesla investor Tim Draper says not owning Bitcoin is ‘irresponsible’
Wall Street’s rush for Bitcoin is speeding up, as institutions and company treasuries that once doubted it are now stepping into crypto finance.
Tim Draper, a billionaire venture capitalist, thinks that Wall Street is in the middle of a historic rush into Bitcoin as banks and corporate treasurers race to get custody and balance sheet exposure.
Draper says that the "fear of missing out" in institutions has reached a breaking point on X. He says, "It's becoming irresponsible not to own Bitcoin."
He also believes that companies that laughed at the idea just two years ago are now asking how quickly they can add it to their balance sheets.
Draper's warning goes beyond the boardroom. He says that families who don't have at least six months' worth of savings in Bitcoin "run the risk of being in the back of the line when there is a run on the (fiat) banks."
More news:
If governments fail to add Bitcoin to their treasuries while continuing to overspend, they risk becoming "marginalized by their own overspending.”
Tim Draper, chairman of DFJ Athena, at the Paris Blockchain Week summit in Paris.Getty Images He also says:
Draper's three blunt warnings:
Bitcoin will lead
Promoting his upcoming interview, he points to El Salvador's national Bitcoin adoption strategy and MicroStrategy's early corporate embrace of the asset as proof that Bitcoin is becoming increasingly necessary.
Draper said that these examples will be models "for the next wave of adoption." MicroStrategy, founded in 1989, is the largest institutional adopter of Bitcoin.
At press time, the global corporate Bitcoin holding has crossed over 1000,000 Bitcoin for the first time, with nearly $111 billion locked up by institutions.
Story ContinuesRelated: What are yield coins? Yield bearing assets explained
Draper's Bitcoin prediction
In a new prediction, Draper says that Bitcoin would reach $250,000 by the end of 2025. He said this because the cryptocurrency's fundamentals were stronger than ever, and the U.S. dollar's appeal as a hedge was growing.
FAQs
Q: Who is Tim Draper and why is his opinion on Bitcoin influential?
A: Billionaire venture capitalist Tim Draper invested in Tesla, Skype, and Hotmail early on. Since buying thousands of BTC from a U.S. Marshals auction in 2014, he has been a vocal Bitcoin supporter.
Q: What is Tim Draper’s current stance on Bitcoin?
A: Draper argues that it is now “irresponsible not to own Bitcoin.” He believes corporations, families, and governments that avoid Bitcoin risk accelerating losses to inflation and financial instability.
This story was originally reported by TheStreet on Sep 4, 2025, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.
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