Tim Draper: He first bought BTC at only $4 per coin and firmly believes that Bitcoin is not an investment but a tool to change the world.

According to Mars Finance, Tim Draper, founder of Draper Associates and a well-known investor, posted on the X platform that he initially bought Bitcoin at only $4 per coin. However, his investment at that time was not based on understanding the technology or foreseeing the future, but rather on being attracted by the idea that digital currency could bring change to people who cannot access traditional banks. Later, when the U.S. Marshals auctioned 30,000 Bitcoins, he re-entered the fray, bidding $632 per coin (the market price at the time was $618) and winning all nine auction lots. Even though the price subsequently dropped to $180, he persisted in holding on, because he firmly believed that Bitcoin was not an investment but a tool to change the "rules of the game" in the world.