DCG founder: When BTC was discovered, its price was only $7-8, and investing in BTC yields higher returns than investing in cryptocurrency startups

2025-04-18 00:07

Odaily Daily News: Barry Silbert, founder and CEO of Digital Currency Group (DCG), the parent company of Grayscale, stated on the podcast "Journey Man" that his highest return investment was holding Bitcoin, not investing in cryptocurrency startups. When it discovered Bitcoin in 2011, the price of each Bitcoin was about 7-8 US dollars. As the price of Bitcoin began to rise, he shifted his investment focus to investing in emerging cryptocurrency companies like Coinbase and using Bitcoin to fund these transactions. But in hindsight, holding Bitcoin alone is better than anything else. (FinanceFeeds)

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