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International Business Times
International Business Times
Business
Marvie Basilan

Billionaire Bill Ackman Mulls Bitcoin; MicroStrategy's Saylor, Other Bulls Offer '1 On 1' Talks

Bitcoin mining has raised concerns over the years about just how much energy the sector consumes. (Credit: Pixabay)

KEY POINTS

  • Ackman drew comments from Bitcoin bulls after he drew up a "scenario" about Bitcoin mining pushing energy prices up
  • Saylor, a known BTC maximalist, offered to discuss what he suggested may be a misconception about mining
  • Riot Platforms' Rochard also offered to discuss "mining economics" with the hedge funder

Billionaire and hedge funder Bill Ackman took the crypto community by storm over the weekend after he indicated that he may consider purchasing Bitcoin as the world's first decentralized cryptocurrency continues to break its own records.

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