Mark Lasry predicts Bitcoin can hit $40,000

Billionaire Mark Lasry, CEO of Avenue Capital Group, invests in Bitcoin and expects exchange rate growth of Bitcoin to $40k.

During a conversation on CNBC, the head of the company, specializing in private capital and securities, estimated at $11 billion, said that he invested 1% of his personal funds in BTC. Earlier, he also regretted that he missed the moment when the coin of digital gold was only $300, but the temporary devaluation prompted him to do so now. Although the relative share seems small, its absolute value is a decent amount.

Mark Lasri also predicts that the price of Bitcoin will reach $40 thousand, considering it the most attractive cryptocurrency in the long term. He also added that the growth of popularity, the conquest of new markets and free trade pushed him to this choice.