Billionaire Investor Druckenmiller's Change of Heart on Bitcoin

Billionaire investor Stanley Druckenmiller has admitted that he should have bought Bitcoin, calling it a strong "brand" similar to gold. Druckenmiller, who previously owned Bitcoin but is now believed to have sold it, expressed surprise at Bitcoin's success and acknowledged its appeal to young people as a store of value. He also criticized Treasury Secretary Janet Yellen for not refinancing U.S. debt during the Covid pandemic. The recent surge in Bitcoin's price, along with Ethereum, XRP, and the wider crypto market, has added around $300 billion in value since mid-September.