Led by Michael Saylor, billionaires are scooping up Bitcoin, with some bringing their trillion-dollar organizations into the crypto world as BTC continues to outperform stocks and bonds.
While the entry of big money could boost Bitcoin to unprecedented heights in the short term, it could also be a landmine whose explosion could floor BTC.
It’s hard to imagine a world in which Bitcoin is seen as a fad that will collapse in a few months and that professional investors and high-net-worth individuals avoid like the plague. However, that was the case for BTC less than a decade ago. Today, it’s one of the assets billionaires are rushing to invest in amid concerns that they could present a new risk for the crypto.
Some billionaires, to their credit, have backed crypto for years. Think of Michael Saylor and Elon Musk, two of the most vocal crypto supporters. The former was the first to bring crypto to a publicly traded non-crypto native company when he started spending hundreds of millions

Czytaj więcej

We współpracy z: https://www.crypto-news-flash.com/billionaires-bitcoin-buying-spree-catalyst-for-100000-btc-post-halving/?utm_source=rss&utm_medium=rss&utm_campaign=billionaires-bitcoin-buying-spree-catalyst-for-100000-btc-post-halving