Breaking News
Investing Pro 0
NEW! Get Actionable Insights with InvestingPro+ Try 7 Days Free

Gerber Kawasaki jumps on Bitcoin train, hints on upcoming investments

Cryptocurrency Mar 10, 2021 05:30AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
Gerber Kawasaki jumps on Bitcoin train, hints on upcoming investments
 
BTC/USD
-0.87%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

Gerber Kawasaki, a billion-dollar asset management firm, has revealed that it will start buying Bitcoin for its clients.

CEO Ross Gerber made the revelation during an interview, stating that it was time to explore the huge opportunities that digital assets present. He said:

If I don’t offer this to my clients, in essence, I’m taking away an opportunity that could be incredibly lucrative.
Gerber further opined that the crypto market is similar to stocks and that he is willing to go through the headache.

Just like how I go out of my way to buy these annoyingly difficult stocks to buy like cannabis right now, that trade in Canada, and I have to deal with all this crap just to buy a stock. But I know the opportunity of these companies, so I go through the headache to do it, just like I’m going through the headache now to launch a program for crypto.
Commenting on Bitcoin, he dismissed claims that the leading cryptocurrency stood no chance of becoming a store of value.

So, gold isn’t as volatile, because it has a 5,000-year experience of having so many people own gold… But this is like Year 10 for Bitcoin.
Gerber Kawasaki is not the only institutional player with plans to explore crypto offerings. As reported by BTC PEERS, Norwegian oil giant, Aker, recently announced the launch of its crypto-investment arm Seetee. As per the announcement, Seetee will invest in several blockchain-based projects throughout the crypto industry.

Continue reading on BTC Peers

Gerber Kawasaki jumps on Bitcoin train, hints on upcoming investments
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email