TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  The Motley Fool

Billionaire Philippe Laffont Just Bought This ETF That Could Soar 19,000%, According to Strategy's Michael Saylor

The Motley Fool Logo The Motley Fool By Adam Spatacco
Billionaire Philippe Laffont Just Bought This ETF That Could Soar 19,000%, According to Strategy's Michael Saylor

Billionaire Philippe Laffont initiated a position in BlackRock's Bitcoin ETF, signaling a potential shift in his investment strategy. Michael Saylor predicts Bitcoin could reach $21 million by 2046, representing a potential 19,000% increase.

Insights
GOOGL   positive

Q3 results exceeded expectations with 16% revenue growth, 33% net income increase, significant AI investments, and strong performance across business segments like Search, Cloud, and YouTube


IBIT   positive

Laffont purchased 56,508 shares, indicating growing confidence in Bitcoin's potential and mainstream adoption