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Investor who bought bitcoin at $5 says Saylor is making a $1.5B mistake

Summary by Blockworks
Bill Barhydt, the CEO of Abra and an early Bitcoin adopter who famously bought bitcoin when it was trading below $5, has sharply criticized Michael Saylor’s plan to render his substantial personal bitcoin holdings inaccessible to anyone else forever.In a new interview on the Supply Shock podcast with Pete Rizzo, Barhydt expressed his frustration, stating Saylor’s strategy “makes absolutely no sense whatsoever. Saylor, known for his bullish stanc…
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Blockworks broke the news in on Tuesday, April 1, 2025.
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