Aug 20, 02:07 PM

Bill Miller IV and Kraken Founder Say 1% of $60T Retirement Funds Could Boost Bitcoin by $30K, Market Is Very Early

Billionaire investor Bill Miller IV has stated that allocating just 1% of the $60 trillion held in global retirement accounts to Bitcoin could increase the cryptocurrency's price by $30,000. He described a 2% allocation as a conservative estimate and emphasized that the market is still in its early stages, with momentum building. Similarly, the founder of Kraken, speaking on Bloomberg, highlighted that "trillions and trillions" of dollars are expected to flow into Bitcoin, reinforcing the view that the adoption of Bitcoin by institutional retirement funds is at an early phase with significant potential for growth.

#Bill Miller IV #Bitcoin #Kraken #Bloomberg

Written with ChatGPT (GPT-4).

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Jason Ai. Williams@GoingParabolic
10 months ago
JUST IN: BILL MILLER IV JUST TOLD CNBC THERE'S $60 TRILLION IN RETIRMENTS FUNDS THAT WANT ACCESS TO #BITCOIN "WE ARE VERY EARLY, THE DOMINOS ARE FALLING" HE'S RIGHT👏 https://t.co/pDtveW6Ufr
TFTC@TFTC21
10 months ago
Bill Miller IV tells CNBC there’s $60 trillion in retirement funds eyeing #Bitcoin. “We are very early, the dominoes are falling.” https://t.co/574jttDQal
The Wolf Of All Streets@scottmelker
10 months ago
WATCH: BILL MILLER IV SAYS IF 1% OF THE WORLD’S $60T IN RETIREMENT ASSETS FLOWS INTO $BTC, IT COULD LIFT PRICE BY $30K https://t.co/48IlM2YDR3

Bill Miller IV and Kraken Founder Say 1% of $60T Retirement Funds Could Boost Bitcoin by $30K, Market Is Very Early

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