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IPFS News Link • Bitcoin

Bill Miller Sees Bitcoin Exploding Higher Amid "Torrent" Of Corporate Cash Inflows

• Zero Hedge - Tyler Durden

Back in late November, and well before the current explosive phase in bitcoin's price was a reality, we tweeted a very simple argument for why we thought the cryptocurrency would surge: following in the footsteps of MicroStrategy, which took the innovative route of converting most if not all of its spare cash into bitcoin, we predicted that many more companies would follow suit in doing just that, leading to torrent of new cash chasing after bitcoin (which is precisely what happened).