MailChimp to buy Bitcoin?

Matt Cole, CEO of Strive Asset Management, has taken aim at financial software giant Intuit, calling on the company to reverse what he described as harmful “censorship policies” and an “anti-bitcoin bias.” In a letter addressed to Intuit’s leadership, Cole warned that such practices could threaten long-term shareholder value and urged the company to embrace bitcoin as part of its financial strategy. Cole cited a recent incident involving Intuit-owned Mailchimp, which temporarily deactivated the email account of the Trojan Bitcoin Club—a student organization at the University of Southern California—simply for discussing bitcoin in messages to members. Although public backlash led to the account being reinstated, Cole argued that this reflects a broader pattern of deplatforming aimed at bitcoin developers, educators, and advocates . He expressed concern that Mailchimp’s Acceptable Use Policy is being applied not to mitigate real risks but as a political tool that could alienate users and shareholders . With federal regulators like the Federal Trade Commission beginning to investigate such cases of platform discrimination, Cole believes Intuit could face both reputational harm and legal scrutiny. Writing on behalf of his clients, including Intuit shareholders, Cole emphasized that decisions appearing to prioritize political ideology over fiduciary responsibility are unacceptable. He urged Intuit to revise Mailchimp’s policies to remove political bias and reinstate any accounts that were banned solely for discussing bitcoin. Beyond policy changes, Cole also encouraged Intuit to consider adding bitcoin to its corporate treasury. He sees BTC not just as a hedge against inflation but as a way to counter the growing risk that artificial intelligence could disrupt Intuit’s core services , such as TurboTax and QuickBooks. According to Cole, a bitcoin reserve could serve as a strategic defense in a rapidly changing tech landscape. This is not Cole’s first push for corporate bitcoin adoption. In February, he sent a similar letter to GameStop, encouraging the company to convert its cash holdings into bitcoin. GameStop soon announced it would add BTC to its balance sheet and completed a $1.5 billion convertible note offering. The decision marked a milestone in Strive’s larger campaign to promote “apolitical excellence” and focus on long-term shareholder value over ideological agendas . Cole’s challenge to Intuit signals that Strive isn’t slowing down. With tech companies under increasing scrutiny and AI innovation reshaping industries, Strive is betting that bitcoin will become an essential part of modern treasury strategy

Source: Coinpaprika