![Billionaire Took a $130 Million Loss in Bitcoin But “Felt So Much Better”](http://btcmanager.com/wp-content/uploads/2020/11/SoftBank-CEO-says-he-doesnt-understand-bitcoin-350x209.jpg)
2020-11-21 23:00 |
The billionaire CEO of Softbank, Masayoshi Son, doesn’t understand Bitcoin. After investing approximately $200 million, following the advice from Bitcoin booster whose investment firm was acquired by the bank, he found the asset’s price movements distracting and took a heavy loss when he exited back in 2018 as per a Business Insider report on Nov 20. origin »
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