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(GBTC), MicroStrategy Incorporated (NASDAQ:MSTR) - Why Bill Miller Is Just As Excited About Bitcoin Near All-Time Highs As At $15K

Bitcoin (BTC) gets “less risky the higher it goes,” value investor Bill Miller said on CNBC’s “The Exchange” program. What Happened: Miller confirmed he was as excited about Bitcoin at its all-time high $41,000 levels as he was when the apex cryptocurrency was trading just under $15,000 in early November. The co-founder and chairman of Miller Value Partners told CNBC’s Kelly Evans Saturday that Bitcoin is the opposite of most stocks since it gets less risky as it goes higher because “Bitcoin is so early in the adoption cycle.” “Even though [the Office of the Comptroller of the Currency] will allow all the big banks and investment banks to custody or to buy and sell bitcoin, you can’t do that with any of them,” said Miller.

Bitcoin Price Prediction: 100% Surge Within 12 Months Likely, Bill Miller Says

Manchin, Sinema, Sasse, Collins: Prospective power players of the 117th Congress

Manchin, Sinema, Sasse, Collins: Prospective power players of the 117th Congress Jeremy Beaman © Provided by Washington Examiner With twin Democratic victories in Georgia’s Senate runoffs, and in the aftermath of the storming of the Capitol, we are getting a better sense of who, beyond chamber leadership, the Senate power players likely will be during this Congress. Five of them particularly come to mind. Even before the fates of Democratic Sens.-elect Raphael Warnock and Jon Ossoff were realized, eyes were on Democratic Sen. Joe Manchin of West Virginia. Manchin got the attention because he went on record opposing some of the most revolutionary ideas floated within the Democratic coalition, and His Moderateness would become a deciding vote in a 50-50 Senate. (Vice President-elect Kamala Harris will have a vote as president of the Senate, giving Democrats a 51-50 majority.)

Bitcoin gets less risky the higher it goes : Legendary investor Bill Miller breaks down why the cryptocurrency could surge 100% in 2021

» Bitcoin gets less risky the higher it goes : Legendary investor Bill Miller breaks down why the cryptocurrency could surge 100% in 2021 Bitcoin gets less risky the higher it goes : Legendary investor Bill Miller breaks down why the cryptocurrency could surge 100% in 2021 Emily GraffeoJan 10, 2021, 20:22 IST Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal/Getty Images Legendary investor Bill Millertold CNBC on Friday he sees bitcoin surging 100% in 2021 as more investors add the coin to their portfolios as a hedge against inflation. One of the things that s interesting about Bitcoin is that it gets less risky the higher it goes, and that s the opposite of what happens with most stocks, the Miller Value Partners founder said.

The case for and against investing in Bitcoin

The case for and against investing in Bitcoin Some advocates endorse investing in bitcoin saying it will eventually stabilize and then be used more for legitimate commerce (REUTERS)Premium Dan Weil Share Via Read Full Story With bitcoin trading at more than $40,000 apiece last week and quintupling in value over the past year the question arises for investors: Get in or stay out? There are plenty of reasons for caution. The virtual currency’s value has soared and plunged repeatedly since its introduction in 2009. It fell 52% just from Feb. 13 to March 11 last year. TRENDING STORIESSee All 2 min read 2 min read

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