GLP Lawyers is increasing its Bitcoin holdings after an initial price drop, demonstrating its growing long-term confidence in the cryptocurrency.
Perth, Western Australia Mar 23, 2025 – Global litigation firm GLP Lawyers International (GLP) has announced it is increasing its investment in Bitcoin (BTC), underscoring its strategic dedication to digital asset investments and its optimistic long-term outlook for BTC.
This action reflects the firm’s increasing acceptance and use of cryptocurrency.
According to the firm’s global chief executive and national director for Australia, GLP has noted a rapid evolution in the global financial environment and increasing institutional investment in BTC. “While concerns remain regarding potential restrictive measures on digital assets from governments and regulators, we are confident that Bitcoin’s decentralized structure and increasing mainstream adoption will ultimately prevail. Our firm intends to use Bitcoin as a hedge against inflation, with any capital gains allocated to the firm’s employee income protection fund.”
The firm’s advisory division, which operates separately from the legal practice, already accepts stablecoins (USDT/USDC), Ethereum (ETH), and BTC for consulting services and is considering accepting other altcoins like Dogecoin, XRP, Shiba Inu, and Solana.
Media Contact
GLP Lawyers International
+618 6189 8639
Level 28/140 St Georges Terrace, Perth Western Australia 6000
Source :GLP Lawyers International
“`