Bill Ackman, founder and CEO of Pershing Square Capital Management, made some comments on Sunday (10th) regarding an article about the high energy consumption of Bitcoin miners during a period of price surge. He envisioned a scenario that would prompt him to consider buying Bitcoin.
On the X platform, Ackman stated that this situation would cause “Bitcoin to approach infinity, energy prices to skyrocket, and economic collapse,” and jokingly added, “Maybe I should buy some Bitcoin.” However, he later clarified that the opposite could also happen.
As expected, this comment from the hedge fund magnate elicited swift responses from many in the Bitcoin community, including MicroStrategy founder Michael Saylor, who proactively offered to engage in a direct conversation with Ackman on this topic.
In a previous interview in 2021, Ackman stated that although cryptocurrency is a great technology, he did not invest in it because of his lack of understanding and belief that such assets have “no intrinsic value.” However, in 2022, Ackman revealed that he was a small investor in some cryptocurrency projects and cryptocurrency venture capital funds. At the time, he stated, “I am more of an amateur enthusiast trying to learn through investing, rather than an investor with a cautious approach.”
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