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Bitcoin pioneer Max Keiser, RT host of the Keiser Report and Orange Pill Podcast gifted InfoWars founder Alex Jones a laptop with 10,000 BTC 10 years ago back when the Bitcoin price was under $5 which he claims to have lost which is now worth more than $550 million dollars today.
“And Max Keiser comes to me…10,000 Bitcoins for you. This is the future. It will be the new global currency (he’s on record)…I lost the laptop he put the 10,000 on. Today, what’s 10,000 Bitcoins worth? A lot.”
After Bitcoin roared back to $56,000 earlier today, this would be worth a whopping $560 million.
American comedian Andrew Schulz went on to physically slap Jones, who swore he had a cryptocurrency fortune:
“He [Keiser] was the guy who told me that it was gonna replace the dollar, and that Japanese guy invented it.”
In a tweet, Max Keiser – who is known as one of the earliest Bitcoin advocates -confirmed that he did gift the 10,000 coins to AlexJones. Back then, they were trading at just mere dollars.
Max Keiser finally managed to convert America’s most famous conspiracy theorist into a Bitcoin believer while revealing his $400,000 BTC price prediction on Jones’ show.
In other trending Bitcoin News today:
Israeli Asset Manager Doubles Its $100M Bitcoin Investment In Just Two Months
Israel’s Altshuler Shaham Investment House has doubled its money after tipping $100 million into the Grayscale Bitcoin Trust late last year. It’s the only Israeli institution kn to have invested this magnitude of funds into Bitcoin so far.
The news follows increasing institutional interest in Bitcoin internationally, with reports on March 7 that Chinese tech company Meitu had become the first Hong Kong-listed company to invest $40 million into cryptocurrencies, split between Ethereum and Bitcoin.
Israel’s Globes publication reported that Altshuler Shaham acquired the GBTC shares in late 2020 when Bitcoin was trading around $21,000. Co-CEO, founder and co-owner Gilad Altshuler told the publication:
“The $100 million investment has become $200 million, and of the $200 million we have already sold about a third.”
He added, “This is a new investment for us. It took a few months until we got all the relevant approvals and all the opinions that approved our investment in the field.”
The Globes report stated the investment house currently holds around $150 million worth of the cryptocurrency — with Altshuler noting it may add more:
“It depends on the price. We were a little intimidated by the speed with which Bitcoin reached these prices, with its global market capitalization crossing the $1 trillion mark, and that worried us a bit.”
Altshuler Shaham is one of the largest investment houses in Israel, managing around $51.5 billion in long term savings for retirement and pension funds as of the end of January. It’s not the first time Altshuler Shaham has dabbled in cryptocurrency, with the firm reportedly taking positions in local initial coin offerings back in 2017.
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
My son @SpencerKSchiff went all in on #Bitcoin on the last drop below $50k. 100% of his portfolio is now in Bitcoin. He sold the last of his #silver stocks to raise the cash. If my own son is this brainwashed imagine how vulnerable most kids are. He’s HODLing to infinity or bust.
— Peter Schiff (@PeterSchiff) March 10, 2021
https://u.today/infowars-alex-jones-lost-laptop-with-560-million-worth-of-bitcoin
https://cointelegraph.com/news/peter-schiff-s-son-moves-100-of-his-portfolio-into-bitcoin