“Bitcoin price rise leads to increased mining and greater energy use, driving up the cost of energy, causing inflation to rise and the dollar to decline, driving demand for Bitcoin and increased mining, driving demand for energy and the cycle continues,” said Ackman in a post on X.

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• Source: https://www.coindesk.com/business/2024/03/09/billionaire-hedge-funder-bill-ackman-mulls-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines