Philippe Laffont, known for avoiding Bitcoin, changed course in Q2 by purchasing 56,000 shares of a spot Bitcoin ETF through Coatue Management. Michael Saylor predicts Bitcoin could rise by 19,000% by 2030. Laffont’s investment shift may be due to Bitcoin’s growing mainstream acceptance and rising market cap forecasted to exceed $5 trillion.

Saylor, a Bitcoin advocate, projects a $21 million Bitcoin price by 2046, a nearly 19,000% increase. Factors like institutional adoption, corporate use, government reserves, and inflation hedging could drive Bitcoin’s growth. Laffont’s ETF purchase offers passive exposure to Bitcoin without direct cryptocurrency ownership. Consider risk tolerance before investing in Bitcoin.

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Read more at Nasdaq: Billionaire Philippe Laffont Just Bought This ETF That Could Soar 19,000%, According to Strategy’s Michael Saylor