Bill Ackman, the founder and CEO of Pershing Square Capital Management, made some comments on Sunday regarding an article about the energy consumption of Bitcoin miners during periods of price surges. He envisioned a scenario that would prompt him to consider buying Bitcoin.
Ackman stated on X platform that this situation could lead to “Bitcoin approaching infinity, soaring energy prices, and economic collapse,” and added, “Maybe I should buy some Bitcoin.” However, he later also acknowledged that the opposite could also be true.
Unsurprisingly, this comment from the hedge fund giant sparked rapid responses from many in the Bitcoin community, including Michael Saylor, the founder of MicroStrategy, who actively proposed a direct conversation with Ackman on this topic.
In a previous interview in 2021, Ackman stated that although cryptocurrency is a great technology, he would not invest in it due to his lack of understanding and belief that such assets have “no intrinsic value.” However, in 2022, Ackman revealed that he is a small investor in some cryptocurrency projects and cryptocurrency venture capital funds. At that time, he said, “I am more of an amateur enthusiast trying to learn through investing rather than an investor with a cautious approach.”
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