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'May Be I Should Buy Some Bitcoin,' Says Bill Ackman As He Weighs In On Energy-Guzzling ...

Retrieved on: 2024-03-10 20:18:19

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'May Be I Should Buy Some Bitcoin,' Says Bill Ackman As He Weighs In On Energy-Guzzling .... View article details on HISWAI: https://www.tradingview.com/news/benzinga:a1360f17b094b:0-may-be-i-should-buy-some-bitcoin-says-bill-ackman-as-he-weighs-in-on-energy-guzzling-crypto-mining-microstrategy-s-saylor-says-he-would-like-to-discuss-1-on-1/

Summary

Bill Ackman, a hedge fund manager, contemplated buying Bitcoin as an inflation hedge but warned it could increase energy costs, potentially causing economic issues. Bitcoin supporters like Michael Saylor countered, arguing miners actually reduce electricity costs for others.

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