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Strive targets Intuit for Bitcoin buys after orange-pilling GameStop

cryptoweekly by cryptoweekly
April 16, 2025
in bitcoin, News
0

Strive CEO Matt Cole says Intuit should also change its policy for its Mailchimp platform, which he claims continues to suspend crypto-related accounts.

Fresh from successfully convincing game retailer GameStop to add Bitcoin to its balance sheet, Strive Asset Management CEO Matt Cole has now set his sights on fintech firm Intuit to do the same.

Cole said in an April 14 open letter to Intuit CEO Sasan Goodarzi that Intuit’s growth is admirable, but Bitcoin (BTC) is the best way to ensure the company’s long-term success and hedge against any potential disruption caused by artificial intelligence.

Intuit’s flagship products are its tax preparation app TurboTax and the small business accounting software Quickbooks. The company laid off 10% of its staff in July to pursue its AI endeavors, but Cole said the firm needs an additional hedge because TurboTax is at risk of being automated away by AI. 

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  • Macro drivers will dampen Bitcoin’s halving cycle — Tim Draper
  • Indian crypto exchange CoinDCX hacked, $44 million drained
  • Can XRP price reach $20? These charts say ‘full bull’ phase is still ahead
  • Crypto rules for mortgages must reflect self-custody reality
  • Russian government readies tougher rules for miners
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  • Spot Bitcoin ETFs gains $363M, extend 12-day inflow streak to $6.6B

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