Industry CEO Thinks of Doubling His Exposure to Bitcoin to 25%

Bill Barhydt, who is the CEO of Abra after working for NASA, the CIA, and Goldman Sachs, is looking to up his Bitcoin exposure amid current macroeconomic trends. Abra CEO May Soon Double Bitcoin Exposure to 25% of All Assets The industry chief executive announced on September 2nd that he is “considering doubling the allocation of #Bitcoin in my personal portfolio to 25%.” As to why he thinks that this is a good idea, Barhydt explained that “Given the acceleration of currency inflation and the likely price inflation to follow this seems like a better weighting than my current 12%.” He added that the contacts he has talked to suggest that returns for other markets like equities are likely to be “muted in the next five years.” This should drive demand for alternative assets that may be able to generate healthy returns such as gold and Bitcoin, which may have…

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