English
Japan
SoftBank's Son loses $130 mil on bitcoin: report
NEW YORK - Masayoshi Son, the billionaire founder of SoftBank Group Corp, made a huge personal bet on bitcoin just as prices for the digital currency peaked, losing more than $130 million when he sold out, the Wall Street Journal reported Tuesday, quoting people familiar with the matter.
Son, who launched the world's biggest venture-capital fund on the strength of his long-term investing acumen, made the investment at the recommendation of a well-known bitcoin booster, whose investment firm SoftBank bought in 2017, it said.
The investment came at the peak of the bitcoin frenzy in late 2017 after the digital currency had already risen more than 10 fold that year. The exact size of the bet couldn't be determined, but bitcoin peaked at nearly $20,000 in mid-December 2017 and Son sold in early 2018 after bitcoin had plummeted, the paper said.
Bitcoin closed Monday at $5,381.05.
A SoftBank spokesman reportedly declined to comment on Son's behalf.
Source: https://japantoday.com/category/business/softbank's-son-lost-130-mil.-on-bitcoin
asox9 walmart grant pharmacy viagra reviews snorting viagra costco online only shopping belviq weight loss pill hydrocodone without an rx
kids pink ladies costume viagra to cialis dose conversion viagra government funded sildenafil tablets 20 mg cost of generic sildenafil street value viagra 100mg natural viagra recipe india pharmacy viagra generic generic name for cialis drug personal stories about suicide viagra pfizer new diet pill fda approved cancel nugenix order do i need a prescription for viagra teva generic viagra cost viagra jokes 20 mg of cialis generic viagra 100mg sildenafil walgreens couponing scenarios drug digest pill identifier levitra vs viagra cvs sildenafil 20 mg tablet cialis 5 mg tab what does viagra do viril x walmart viagra next day fedex viagra vs.levitra generic substitute for viagra $5 off cvs printable coupon taking viagra youtube cialis commercial viagra day
pharmacology mechanism of action what was viagra originally for not drinking alcohol viagra on line does cialis really work does herbal viagra really work over the counter erectile aids
johnson and johnson professional samples the best natural testosterone supplement extenze before and after viagra ohne rezept generic viagra professional review mercury drugs philippines price list
how to take levitra womens viagra pill best india viagra and price walmart viagra watermelon pomegranate viagra does walgreens accept goodrx