Billionaire Marc Lasry retains more than 1% of his Bitcoin investment portfolio | CryptoNews



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Larsy, who is also the controlling shareholder of the NBA team Milwaukee Bucks in Wisconsin, explained in the interview that the interest generated by bitcoin in the markets is the main reason why He is attracted by investing in cryptocurrency. This even acknowledges that he does not know the actual intrinsic value of BTC and that, in his opinion, there is speculation in the market, although he has assured that it is not a "full speculative lottery". Squawk Box Anchor .

He also claimed that his assets have grown since he's invested through the growth of the ecosystem, and that in the last two years he has reinvested in bitcoin in new opportunities. A statement that had been known to the press in December 2017 when regretted not being entered on the market when 1 BTC was quoted for $ 300. The magazine Forbes calculated his fortune in 1.7 trillion dollars, reason why his capital invested in bitcoins could be calculated around the 17 million dollars . Overall, this is only an approximation, considering the fact that the money was invested years ago and that the price of BTC has changed a lot since.

These statements reach the ecosystem after two days of rising cryptoeconomy. Tuesday, July 17 the price of bitcoin has rebounded by more than 10% in a few hours. An uptrend that took it from $ 6,700 to 7,387 dollars per bitcoin.

However, this was not the only significant trend in cryptoeconomics in the last hours. Well, yesterday, Wednesday, July 18th, five altcoins recorded an increase of their rating between 10 and 53%. Highlighting among these Stellar (XLM), Cardano (ADA), OmiseGO (OMG) and Zcash (ZEC).

It is important to note that during the Lasry intervention, altcoins were also present. However, the investor said that even though he considered "making sense" "making bets in different cryptocurrencies", from his point of view, bitcoin is the one that "will have the most benefit on the market."

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