In the wake of Bitcoin’s record-breaking surge following President-elect Donald Trump‘s victory, prominent venture capitalist Chamath Palihapitiya has voiced regret over his decision to sell his Bitcoin (CRYPTO: BTC) holdings.
What Happened: Palihapitiya, who once possessed a substantial amount of Bitcoin in his funds, expressed his remorse over the sale on the All In Podcast on Monday. “I actually think about all the Bitcoin I sold…that’s a, I don’t know, a three or four billion dollar mistake in growing now,” he stated.
At the time, Palihapitiya’s partners opted to distribute Bitcoin, a decision that was profitable but, in retrospect, not as profitable as …
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