Bitcoin (BTC) has become a value reserve and instability coverage for the richest investors in the world, Michael Sonnenfeld, founder of Tiger21, said during an interview in CNBC.
The members of Tiger21, a network of high -value investors and executives, collectively have a net assets of $ 200 billion. The members have assigned around 1% -3% of their criptography wealth, Sonnenfeld said, which amounts to around $ 6 billion.
“The digital currency areas are still really exciting. We have some members who are all: it has become a gold substitute,” Sonnenfeld said in CNBC. “Gold is for the traditionalists, Bitcoin a little of the new era, but often play the same role. They are perceived as value stores.”
BTC has increased more than 125% during the last year, according to the data of the Coendesk indexes, and is currently quoted above $ 97,000.
Sonnenfeld also said that members of members have reached a minimum of 17 years, which suggests high market confidence.
