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Justin Sun: "Plan to buy up to $100 million more in Bitcoin"

Uk Jin

Summary

Justin Sun, founder of Tron (TRX), said he plans to buy a large amount of Bitcoin (BTC).
In an interview, Justin Sun said he would buy an additional $50 million to $100 million worth of Bitcoin.
The move is interpreted as a plan to buy the dip amid Bitcoin’s recent decline.

Justin Sun, founder of Tron (TRX), said he plans to buy a large amount of Bitcoin (BTC).

According to CoinDesk, a digital-asset (cryptocurrency) news outlet, Sun said in an interview on the 2nd (Korea time) that he would "buy an additional $50 million to $100 million worth of Bitcoin."

The move is seen as a plan to buy the dip amid Bitcoin’s recent decline.

As of 7:20 p.m. today, Bitcoin is trading at $77,707, down 1.57% from the previous day.