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Billionaire Carl Icahn May Invest up to $1B in Crypto

Published 05/27/2021, 04:26 AM
Updated 05/27/2021, 04:30 AM
Billionaire Carl Icahn May Invest up to $1B in Crypto
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  • Billionaire Carl Icahn said he may invest in crypto in an interview.
  • The American investor said he is studying the crypto market as a whole.
  • Icahn noted that alternate currencies are a product of inflation in the economy.

American businessman Carl Icahn suggested in an interview that he may get into crypto in a “big way”. The activist investor doesn’t own any crypto at the moment.

Icahn shared that he may eventually put up to $1 billion in a digital currency. Still, he was careful not to give details about any of his future investment plans in the interview. However, the 26th wealthiest person on the Forbes 400 list certainly showed great interest in the industry.

“I’m looking at the whole business, and how I might get involved in it.”

Bloomberg conducted the interview and broadcasted it on TV. Talking about crypto, Icahn also added that Bitcoin and Ethereum are not the same. According to him, Bitcoin is just a store of value, while

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