---
title: "Startups can hedge bank risk with Bitcoin — Tim Draper"
url: https://diffcoin.com/startups-can-hedge-bank-risk-with-bitcoin-tim-draper/
description: "The fall of Silicon Valley Bank prompted Venture Capitalist Tim Draper to tell the firms he’d invested in to buy Bitcoin. Source link"
published: 2024-06-06
updated: 2024-06-06
author: "Mila"
site: "Diffcoin"
---

# Startups can hedge bank risk with Bitcoin — Tim Draper

The fall of Silicon Valley Bank prompted Venture Capitalist Tim Draper to tell the firms he’d invested in to buy Bitcoin.

[Source link](https://cointelegraph.com/news/startups-hedge-risk-bitcoin-tim-draper)