YPF – Fiscal Petroleum Yacimations – is an emblematic Argentina company founded in 1922.
Currently, after decades of changes, privatizations and reestatizations, YPF is a corporation with majority state participation. The Argentine State has the 51% of the actions With the right to vote, which means that, although it operates under the private law regime, it is subject to public controls and has a strategic mission within the Argentine energy system.
In other words, YPF is not just a company. It is an economic and energy policy tool. It has assets, reserves, infrastructure, debt, income, obligations … and also decisions to make.
And, in a world that is experiencing accelerated economic and technological transformations, It is time for YPF to seriously consider an option that other large companies have already embraced: Buy Bitcoin (BTC).
Why should YPF have Bitcoin?
The correct question would be: why not? Bitcoin is a scarce, decentralized asset, scheduled to have a limited supply of 21 million units, and increasingly valued as Reserve value in inflation contexts and monetary crisis.
YPF, as a national company with great exposure to the Argentine peso and the fluctuations of the dollar, has a balance violated by factors that do not control: inflation, exchange restrictions, debt in Fíat money and fiscal pressure. Bitcoin, in that context, appears not as a magical solution, but as strategic coverage.
Having part of your treasury in Bitcoin does not mean that YPF should “bet” to a cryptocurrency to see if it rises in price. It means that you can diversify your reservations strategically, putting a certain percentage in the “digital gold” of the 21st century.
The same as technology companies such as Strategy or automotive manufacturers such as Tesla, as seen in the image below. Even public entities – like the Government of El Salvador – have adopted Bitcoin as part of their assets.
YPF, which has a Market capitalization of 14,000 million dollars and that moves millionaire figurescould well allocate a Minimum percentage of your treasury To Bitcoin. So that? To shield yourself. To have a reserve that cannot be devalued by any monetary policy of others. For Protect real purchasing power in an economy that constantly erodes it.
If YPF does not buy Bitcoin, that is also a decision. Is to decide to stay 100% exposed to the traditional financial system, which is not only volatile and fragile in Argentina, but also limits financial sovereignty options.
Instead, having bitcoin in portfolio can represent A path of patrimonial autonomywith global liquidity, and without the need for intermediaries to dispose of these funds. Bitcoin does not depend on any bank, cannot be seized without private keys, and can be easily moved in emergency moments. In a multipolar and fragmented world, that is a geopolitical asset.
Can YPF buy Bitcoin?
Nothing in him statute of the company prohibits YPF Buy Bitcoin, provided that the operation is framed in its financial or commercial strategy, be approved by its directory and respect the internal control and audit mechanisms
As a corporation, YPF, can administer its resources according to the lawlike any market company. This includes the possibility of acquiring financial assets, provided that they are justified in their business plan and heritage strategy.
That is, the purchase of Bitcoin could be framed as part of an investment policy of the Treasury – to sympathy for the purchase of dollars, bonds or other instruments -, provided it is authorized by the Board of Directors and is duly founded.
Possible paths
It is not that YPF Buy Bitcoin suddenly, much less to do it blind. The reasonable thing would be to advance strategically, with firm but gradual steps. For examplethe company could be a small internal fund in BTC, allocating a minor fraction of his treasury. It is not necessary to think of great initial amounts: it could apply a policy of gradual accumulation, following a scheme similar to that that Michael Saylor has popularized with Strategy, buying regularly and at different times of the market to average the acquisition cost.
According to him Financial balance From YPF as of December 31, 2024, the company has an invested capital of more than 20,500 million dollars and total assets above 29,000 million. Although circulating capital appears in negative, which limits immediate liquidity, it is reasonable to assume that YPF has sufficient treasury and operating flow resources to allocate a minimum fraction to the purchase of Bitcoin. Even with a conservative allocation, for example, of 0.5% of its invested capital (approximately 100 million dollars), the company could begin a gradual policy of accumulation of BTC without compromising its operation or financial solvency.
Another possible way would be the development of alliances with companies specialized in Bitcoin miningespecially in those regions where YPF already manages energy surpluses. In places like Vaca Muerta, where there are initiatives to take advantage of the gas that is wasted today, a clear opportunity opens: converting energy not used into a scarce and global digital asset such as Bitcoin. It would not be a speculative adventure, but a new way of monetizing resources that today do not generate value. Instead of burning gas, it could transform it into digital value (it is worth clarifying that – as cryptootics he has reported – YPF has already woven some of these alliances, but the minted BTCs are not held by the oil company, but they go to the mining company).
The important thing is that None of these strategies implies diverting YPF of its directionbut quite the opposite: it aligns it with a future where energy and digital assets will be increasingly intertwined. YPF can be a pioneer in this integration.
A long -term decision
Strategic decisions are not taken by fashion. Bitcoin is not a fashion: It has been working without interruptions for 16 yearsis quoted in global markets, and has a market capitalization greater than two billion dollars. Ignoring its existence is a way of denying the ongoing technological and monetary change.
YPFas a national company and with long -term projection, You cannot afford to think with short -term logic. If you want to position yourself as a competitive energy company in the 21st century, you need to anticipate. Incorporating Bitcoin is a way of preparing for a world where digital assets, financial sovereignty and energy efficiency will be intertwined.
If other companies are doing it, why not Argentina’s main company? Maybe it’s not about YPF should buy bitcoin, but the real question is: How much will it cost you not to do it?
Discharge of responsibility: The views and opinions expressed in this article belong to its author and do not necessarily reflect those of cryptootics. The author’s opinion is informatively and under no circumstances constitutes an investment recommendation or financial advice.
