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Opinion

Legendary Investor Stan Druckenmiller Turns Bitcoin Bull

Billionaire investor Stan Druckenmiller made pro-bitcoin comments on CNBC, joining other high-profile, ultra high-net-worth investors.

By Nathaniel Whittemore
AccessTimeIconNov 10, 2020 at 8:00 p.m. UTC
Updated Sep 14, 2021 at 10:29 a.m. UTC
AccessTimeIconNov 10, 2020 at 8:00 p.m. UTCUpdated Sep 14, 2021 at 10:29 a.m. UTC
Breakdown 11-10 Stan Druckenmiller Bitcoin
AccessTimeIconNov 10, 2020 at 8:00 p.m. UTCUpdated Sep 14, 2021 at 10:29 a.m. UTC

The billionaire investor made his pro-bitcoin comments on an appearance on CNBC.

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This episode is sponsored by Crypto.com and Nexo.io.

Today on the Brief: 

  • Was Monday’s stock rally overdone? 
  • Lebanon to launch digital currency
  • 3 reasons BTC has rallied 60%+ in two months

Our main discussion: Stan Druckenmiller, Bitcoin Bull. 

A few months ago, Stan Druckenmiller told CNBC that he could imagine inflation of 5%–10%. Yesterday, he returned to the network to discuss why bitcoin had captured his attention as a potential hedge.

See also: Billionaire Hedge Fund Investor Druckenmiller Says He Owns Bitcoin in CNBC Interview

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