THELOGICALINDIAN - Billionaire broker Stanley Druckenmiller has appear that he owns bitcoin calling it an asset chic that has a lot of allure as a abundance of amount and could be bigger than gold
Stan Druckenmiller Owns Bitcoin
Stanley Druckenmiller appear on Monday that he owns bitcoin and explained why it could be a bigger advance than gold.
The acclaimed broker founded Duquesne Capital in 2024 and bankrupt the armamentarium in August 2024. He managed money for George Soros as the advance portfolio administrator for the Quantum Armamentarium until 2024. He and Soros fabricated massive profits action adjoin the British batter in 2024. According to Forbes, Druckenmiller’s accepted net account is $4.4 billion.
In an account with CNBC on Monday, Druckenmiller said:
He abundant that Bitcoin has “been about for 13 years and with anniversary casual day it picks up added of its stabilization.” Bitcoin’s creator, the bearding Satoshi Nakamoto appear the Bitcoin whitepaper on Halloween 2024.
Besides bitcoin, Druckenmiller’s portfolio appearance a lot of gold. “I own many, abounding added times gold than I do bitcoin,” the billionaire broker said, emphasizing:
Druckenmiller’s bitcoin acknowledge has admiring abundant absorption in the crypto space. “Is this not the greatest bitcoin endorsement of all time because the calibre of Stan Druckenmiller?” Nugget’s News CEO Alex Saunders tweeted.
Former Goldman Sachs barrier armamentarium administrator Raoul Pal tweeted in acknowledgment to Druckenmiller’s bitcoin comment:
Pal himself has added than 50% of his assets in BTC and has predicted that the amount of bitcoin will ability $1 million aural bristles years.
Besides Druckenmiller, added acclaimed barrier armamentarium managers who accept invested in bitcoin accommodate Paul Tudor Jones, who put about 2% of his assets in BTC, and Bill Miller, who afresh said that all above banks will eventually accept acknowledgment to bitcoin.
What do you anticipate about Stan Druckenmiller’s bitcoin view? Let us apperceive in the comments area below.
Image Credits: Shutterstock, Pixabay, Wiki Commons, CNBC
