Summary
- Philippe Laffont recently shared that his investment view on Bitcoin has turned positive.
- He stated that Bitcoin is becoming a core part of the portfolio, and investing 3~4% of assets could help protect against inflation.
- Coatue Management is currently investing in digital asset companies such as Dune Analytics and Hut 8.
Philippe Laffont, founder of Coatue Management and renowned billionaire, expressed a positive view on Bitcoin (BTC).
According to CNBC on the 15th (local time), Laffont attended a Coinbase event held in New York City and said, "Bitcoin's sharp price volatility has been an obstacle for investors," adding, "For this reason, Coatue has also refrained from investing in Bitcoin-related assets."
However, Laffont explained that his thinking on this matter has recently changed. He said, "My investment philosophy emphasizes the importance of simple and clear ideas over complex ones," noting, "While many people still talk about use cases and potential of digital assets, they've overlooked the most important thing."
He stressed, "As long as there are others who believe it has value, its value will rise over time," adding, "Bitcoin is becoming a core part of the portfolio." He also mentioned, "If you invest 3~4% of your assets in Bitcoin, it will protect your assets from inflation."
Currently, Coatue is investing in digital asset (cryptocurrency) companies such as Dune Analytics and Hut 8.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.![[Market] Bitcoin drops intraday to the $72,000 level… debate over 'safe-haven credibility' reignited](https://media.bloomingbit.io/PROD/news/e3aeb7f7-851b-4479-bfd0-77d83a3b7583.webp?w=250)
