Stocks and Investing
Stocks and Investing
Why An Old-School Value Investor Is Betting On Bitcoin
- Bitcoin's breathtaking 2024 performance and its rise above $100,000, has captured the world's attention. Here's why one card-carrying value investor is bullish on the volatile digital asset.
The article from Forbes, published on January 4, 2025, discusses why an old-school value investor, traditionally focused on undervalued stocks and tangible assets, is now betting on Bitcoin. The investor, whose identity is not disclosed, sees Bitcoin as an emerging asset class that aligns with value investing principles due to its scarcity, increasing institutional adoption, and potential as a hedge against inflation. The article highlights several reasons for this shift: Bitcoin's fixed supply cap at 21 million coins mimics the scarcity of gold; its growing acceptance by major financial institutions and corporations signals a maturing market; and its performance during economic downturns has shown it can act as a store of value. Furthermore, the investor points out that Bitcoin's blockchain technology offers transparency and security, which are appealing from a risk management perspective. This move into cryptocurrency represents a broader trend where traditional investors are diversifying into digital assets, recognizing the potential for significant long-term growth and stability in an increasingly digital economy.
Read the Full Forbes Article at:
[ https://www.forbes.com/sites/taesikyoon/2025/01/04/why-an-old-school-value-investor-is-betting-on-bitcoin/ ]
Read the Full Forbes Article at:
[ https://www.forbes.com/sites/taesikyoon/2025/01/04/why-an-old-school-value-investor-is-betting-on-bitcoin/ ]
Contributing Sources