Billionaire Hedge Fund Manager Bill Ackman Hints at Bitcoin Interest Amid Speculation on Price Trajectory
Mar 10, 2024
Billionaire hedge fund manager Bill Ackman has hinted at a potential interest in Bitcoin, marking a departure from his previous stance of largely avoiding involvement in the cryptocurrency space. Ackman, founder and CEO of Pershing Square Capital Management, took to social media to speculate on Bitcoin's potential price trajectory, suggesting scenarios where its value could skyrocket. Despite his cheeky remarks, Ackman's post garnered attention from the Bitcoin community, prompting responses from industry figures like MicroStrategy's Michael Saylor. While Ackman has previously maintained a distance from crypto, stating in 2022 that he was a small investor in certain projects and venture funds for educational purposes, his recent comments hint at a potential shift in perspective regarding digital assets.
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