Freshly from the successful convincing game game Gamestop to add Bitcoin to its balance sheet, the CEO of Asset Management Matt Cole is striving to be looking at the fintech firm Intuit to do it.
Cole Says In an April 14th open letter to Intuit CEO Sasan Goodarzi that the growth of the intuit is amazing -await, but the bitcoin (Btc) is the best way to ensure the company’s lasting success and fence against any potential interruption caused by artificial intelligence.
Intuit flagship products are the Turbotax tax preparation and the small business accounting software. The company laid out 10% of its staff In July to pursue its AI’s efforts, but Cole said the firm needs an additional fence because Turbotax is at risk of automatically away from AI.
“As we appreciate our own Intuit investment and internal implementation of AI, we believe an additional fence is warranted, and that a Bitcoin War’s chest is the best choice available,” Cole said.
An excerpt from Matt Cole’s letter that encourages the intuit to consider the addition of Bitcoin to its balance sheets, among other suggestions. Source: Strive in asset management
That is Bitcoin War ChestHe added that the intuit would have “sufficient strategic capital to welcome the AI storm and act from a position of strength through the chaos of the AI revolution.”
Cole sent a Similar letter to Gamestop CEO Ryan Cohen In February to advise the gaming retailer to use $ 4.6 billion cash to buy Bitcoin.
Gamestop’s Cohen recognized the letter in an April 1 filing regulation and expressed his company had A convertible debt offer ended That raised $ 1.5 billion, with some proceeds marked for the purchase of Bitcoin.
Try to encourage the change of crypto policy
In his letter to Intuit, Cole said the firm should consider the acceptable -acceptable use policy for the MailChimp marketing platform, which he claims Continue to suspend crypto -related accounts more than policy violations.
Source: Strive in asset management
Cole said he “remains concerned that the censorship of the intuit and de-platforming policies discrimination against Bitcoin lovers, which could damage the long-term value of the shareholder.”
Mailchimp said that content associated with crypto It is not necessarily prohibited under its policy, and the crypto content can be transmitted if the sender is not involved in sale, exchange, or crypto marketing.
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The current acceptable -Contelling policy of using it state That the platform cannot allow accounts that offer “cryptocurrencies, virtual currencies, and any digital assets related to an initial coin offering.”
According to Cole, MailChimp is likely to adopt its policies when the legal crypto status and related businesses are unsure, but said to Crypto-Friendly Trump AdministrationIt is time to “change acceptable use policy to terminate blanket restrictions on crypto-related businesses.”
Intuit did not immediately respond to a request for comment.
