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Why a Value Investor Decided to Buy Bitcoin

Category: General

But Murray Stahl, a longtime value investor who now manages $5.5 billion at his New York-based investment firm Horizon Kinetics, considers Bitcoin the ultimate value investment.

His original $7 million investment from two years ago has ballooned as Bitcoins price has soared, and he now holds about $100 million worth. As of Monday, each Bitcoin is worth about $9,500.

https://www.barrons.com/articles/q-a-why-a-value-investor-decided-to-buy-bitcoin-1511810246


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