Billionaire Thomas Peterffy Reveals He's Been HODLing Bitcoin For Over 3 Years.

18 Sep 2021, 08:00

Billionaire Thomas Peterffy Reveals He’s Been HODLing Bitcoin For Over 3 Years The pattern of traditional billionaires buying huge amounts of Bitcoin without making it public has been reoccurring for the last few years. There was a significant inflow of traditional billionaires to the Bitcoin market, following the intensity of inflation from last year. Billionaires continue to secretly hold Bitcoin in large amountsThis year, the market is witnessing the same pattern, with some of the top dogs in the finance scene revealing that they’ve been holding Bitcoin for a long period. Billionaire Thomas Peterffy Pererffy, the founder and chairman of Interactive Brokers is one of such, who recently opened up to CNBC in an interview, noting amongst many interesting takes, that he’s been a Bitcoin holder for three years. He made this known after being quizzed about his thoughts on leading institutions like AMC theaters’ recent move to accept Bitcoin along with other altcoins as payment mechanisms by the end of the year. Peterffy revealed that the move does not seem to make a lot of sense to him, “what are the advantages of these cryptocurrencies, visibly stablecoins?” He asked. Adding that for Stablecoins, there’s a small chance that their value might skyrocket and that it remains crucial to be exposed to them.