VC Investor Tim Draper Made $89M From His Bitcoin Investment in 5 Years

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VC Investor Tim Draper Made $89M From His Bitcoin Investment in 5 Years


Billionaire venture capital investor Tim Draper has made $89.1 million from his Bitcoin investment in less than five years. In 2014, Tim Draper purchased a bulk of 30,000 BTC from the U.S. authorities in an auction. He outbid all participating investors by paying $632 per Bitcoin, with a slight premium. The $18.96 million he spent

The post VC Investor Tim Draper Made $89M From His Bitcoin Investment in 5 Years appeared first on CCN

Posted by Joseph Young on January 14, 2019 @ https://www.ccn.com/vc-investor-tim-draper-made-89m-from-his-bitcoin-investment-in-5-years/

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