How GameStop Inspired This Lingerie MMA League to Bet on Bitcoin
Lingerie Fighting Championships plans to acquire $2.23 million in Bitcoin over the next six months, inspired by GameStop's recent Bitcoin purchase. CEO Shaun Donnelly noted that the organization has previously mirrored GameStop's actions and sees Bitcoin as a strategic investment. The league aims to capitalize on the trend of companies adding Bitcoin to their treasuries, following the success of firms like Strategy. Donnelly believes Bitcoin could surpass $1 million by 2035 and considers it a superior asset compared to other cryptocurrencies. The organization is also open to crypto sponsorships and accepting crypto payments. Despite past challenges as a public company, Lingerie Fighting Championships is focused on upcoming events while exploring further Bitcoin investments. The company does not rely on Bitcoin for primary revenue, mitigating risks associated with price volatility.