Tuesday, April 23, 2019

Japan’s Second-Richest Man Bet Massively on Bitcoin. He Lost $130 Million

By CCN.com: Japanese billionaire Masayoshi Son made a huge bet on bitcoin at the top of the market. And lost. The SoftBank Founder reportedly cut a loss of $130 million of his own money by mis-timing the historic cryptocurrency bubble in late 2017. It is not known exactly how much Masayoshi Son, worth an estimated $24 billion, poured into bitcoin. But he appears to have bought in late 2017 as the bitcoin price approached a record high of $20,000. He sold early in 2018 as the price collapsed, taking a $130 million loss. Buying the Top of the Bitcoin Bubble

The post Japan’s Second-Richest Man Bet Massively on Bitcoin. He Lost $130 Million appeared first on CCN



http://blog.webhits.io/japans-second-richest-man-bet-massively-on-bitcoin-he-lost-130-million/
Make Money, #PS4Live

No comments:

Post a Comment