Express

Billionaire Marc Lasry Regrets Not Buying More Bitcoin

Mary Liu

Summary: During CNBC's Squawk Box podcast on June 8, Marc Lasry, Avenue Capital Group co-founder and billionaire investor regrets not buying more Bitcoin. He said: "The probability as more and more people keep using Bitcoin is going to keep moving up. It's happened a little bit quicker than I thought it would. I should have bought ...

During CNBC's Squawk Box podcast on June 8, Marc Lasry, Avenue Capital Group co-founder and billionaire investor regrets not buying more Bitcoin.

He said: "The probability as more and more people keep using Bitcoin is going to keep moving up. It's happened a little bit quicker than I thought it would. I should have bought a lot more."

But he said he was not sure about the next direction of Bitcoin. He said: "I honestly don't know where it's gonna go, but you've got that market. It's there." 

In July 2018, Lasry, who claimed that Bitcoin accounted for 1% of his net assets, predicted that Bitcoin will reach $40,000 if it becomes more mainstream, at that time BTC was trading at $7,400.

By Mary Liu

Last Update:

Tags: ,
Link: Billionaire Marc Lasry Regrets Not Buying More Bitcoin   [Copy]
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program 11 hours ago
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 19 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 20 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 27 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... October 5, 2025
  • You need to login to comment.