Shaan Puri is the director of Amazon-owned streaming platform Twitch, and he just tweeted “I have moved 25% into bitcoin.”
He shared some details behind his decision, saying “Bitcoin is the only asset where you can go irresponsibly long – and then everyone tells you it’s not enough. And they’re probably right.”
“I think people think this time it hits $20k is ‘just like last time’ but it’s not for many reasons.” referring to the influx of established investment firms jumping onto the Bitcoin bandwagon, and thinks this is a wave that will continue for 2 more years.
Puri did not share how much Bitcoin his 25% bought him.
Earlier this year Twitch began offering 10% discounts to users who registered and paid with crypto.
Author: Oliver Redding