Tim Draper: I keep buying more BTC

Planet News: Venture capital legend Tim Draper stated in an interview, "I have been continuously buying more BTC". He purchased 29,656 BTC for approximately $19 million through a U.S. federal law enforcement auction back in 2014, at an average price of around $640. These BTC originated from assets seized by the U.S. government during the Silk Road law enforcement operation. Draper has repeatedly expressed long-term optimism about BTC, believing it can bring liquidity to emerging markets and hedge against currency depreciation risks. Tim Draper is a famous American venture capitalist, one of the founders of Draper Fisher Jurvetson (DFJ) fund, and the founder of Draper University. He is known for early investments in tech giants, including Tesla, Skype, SpaceX, Hotmail, Baidu, and others.