Bitcoin bull Bill Miller has invested half of his wealth in BTC believing that it is a better insurance policy than gold.
The American investor, fund manager, and philanthropist Bill Miller said he had distributed half of his personal wealth in bitcoin. The former Chairman of Legg Mason Capital Management stated he purchased “a fair amount” last year when the asset’s price dipped to $30,000.Even though he was not supportive of bitcoin in the past, Miller has become one of its most prominent advocates recently.
He also outlined BTC’s significant price increase in a short period of time compared to the yellow metal’s relatively stagnant value: A few months ago, the legacy investor made a compelling comparison between the two assets. He said bitcoin“rat poison”
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