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Lingerie Fighting Championships Plans to Acquire $2 Million in Bitcoin
Lingerie Fighting Championships (BOTY) plans to acquire $230,000 worth of bitcoin within 30 days and up to $2 million over the next six months. This decision aligns with their first shows in the UK, including a sold-out event in London on July 4.
Key points:
- CEO Shaun Donnelly stated the firm sees potential for significant growth in bitcoin.
- Donnelly compared bitcoin investment to purchasing real estate, emphasizing the importance of entering the market early.
- Other firms are focusing on bitcoin by adjusting their business models to raise funds specifically for BTC acquisitions.
Lingerie Fighting Championships may be following a strategy similar to Tesla by converting cash holdings into bitcoin.