RATE Group | Report: Millennials Are Investing More Money in Bitcoin
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Report: Millennials Are Investing More Money in Bitcoin

12 Dec Report: Millennials Are Investing More Money in Bitcoin

Posted at 22:32h in Bitcoin News by

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Bitcoin and cryptocurrency are growing increasingly attractive to both millennials and gen Z, according to a new report.

Young People Love Bitcoin and Crypto

The data stems from news that Grayscale Investment Bitcoin Trust – a firm that focuses on both bitcoin and altcoin investments – is up there with companies like Apple and Amazon as the top enterprises to garner investments from younger generations. Grayscale ultimately beat out major tech conglomerates such as Microsoft and Netflix.

In addition, investing with Grayscale has proven more popular among younger people than garnering stocks from companies like Berkshire Hathaway, the Disney Corporation and Alibaba, based in China.

If there’s any truth to the idea that millennials love cryptocurrency, it’s no surprise that they wouldn’t be interested in investing in Berkshire Hathaway. The company’s head honcho Warren Buffett has been very critical of bitcoin in the past, explaining in a CNBC interview:

It’s a gambling…

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