Billionaires Are Buying Bitcoin: What Does It Mean for the Future Price of Bitcoin?
Just two years ago, it would have been close to impossible to find many billionaires seriously thinking about adding Bitcoin (CRYPTO: BTC) to their portfolios. But a lot has changed since then, including a crypto bull market and a wave of mainstream adoption powered by the new spot Bitcoin ETFs.
As a result, a growing number of billionaires around the globe are now looking for ways to get exposure to Bitcoin. Let's take a closer look at which billionaires are buying Bitcoin now, and what this new development might mean for the future price of Bitcoin.
Any talk of billionaires buying Bitcoin has to start with Michael Saylor, executive chairman and co-founder of (NASDAQ: MSTR). The billionaire started aggressively buying Bitcoin back in mid-2020, and has been continually ramping up his company's Bitcoin holdings since then.
Source Fool.com
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