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$1 Million of Cash Reserves Allocated by Philly T-Shirts for BTC/ETH

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Mar 13, 2021

Whether it is a cryptocurrency company or a non-crypto currency company, today, every company wants to invest in Bitcoin (BTC) and altcoins. This is due to the potential that the largest cryptocurrencies in the entire crypto-verse have demonstrated.

If we go back in 2019, we would see that there was hardly any mainstream or non-crypto currency company that wanted anything to do with cryptocurrencies, let alone invest in them.

However, the history re-wrote itself as the year 2020 started and the pandemic hit the entire world. That was the time when the entire world realized the importance of remote/virtual currencies and their potential in keeping food on the tables.

This turned out to be the golden opportunity for the entire cryptocurrency industry to outshine the rest and that’s exactly what the cryptocurrency industry did.

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Ever since the end of the year 2020, Bitcoin (BTC) has managed to shock the entire world and economy with its price. Bitcoin (BTC) has been constantly hitting all-time highs and has now gained even more potential than USD or Gold combined.

Therefore, every company wants to invest in it and get some BTC saved up before they get out of reach of small businesses. Somewhat similar kind of situation is being experienced with Ethereum (ETH). Although it is not currently sitting at its all-time high, yet it is sitting at a decent figure that cannot be ignored if money was to be invested in it.

Just recently, another non-crypto currency company known as “RushOrderTees” has expressed its intentions of acquiring BTC and ETH. RushOrderTees is a company that is known as an embroidering and t-shirt printing company.

The company has recently expressed the intention that it is planning to invest $1 million out of its cash reserves in cryptocurrencies. The company has revealed that it is highly interested in acquiring Bitcoin (BTC) and Ethereum (ETH) with the allocated cash reserves.

Prior to the $1 million investment, the company has already invested $300,000 in acquiring Bitcoin (BTC). Therefore, the company is aiming to increase its holdings in Bitcoin (BTC) and is also aiming to do the same with Ethereum (ETH).

The company is keeping its fingers crossed predicting that the $300,000 investment they made in BTC would turn into a million-dollar investment by the end of April 2021.

RushOrderTees is a t-shirt brand that is based in Philadelphia, PA, and is known to be a custom apparel manufacturer and a t-shirt maker. The company is available to an individual buyer as well as companies as they provide from a single shirt to large batches of shirts.

At the time of publishing, the price of BTC is hitting all-time highs of $60k per BTC and as for Ethereum (ETH), it is above $1.8k per ETH. Given the current growth rate of the currencies, there are indeed chances that the company would be able to add a million to its portfolio by the end of April, 2021.

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