SoftBank’s Masayoshi Son Not Running To Join Tesla By Buying Bitcoin

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SoftBank Group Corp. founder Masayoshi Son isn’t sure Bitcoin is heading for the moon.

Asked about the growing number of companies such as Tesla Inc. who invested in cryptocurrency, Son was not engaged.

Photographer: Kiyoshi Ota / Bloomberg

“There’s a lot of talk about whether it’s a good thing or a bad thing, what’s the real value or is it in a bubble – honestly, I don’t know,” Son said at the press conference. on the tech giant’s results and investment. .

However, Son added that the popularity of the cryptocurrency has made it a platform that “cannot be ignored” like diamonds or bonds, he said. “There is no need to reject” cryptocurrency either, he said. “We still have such internal discussions,” he added.

A growing number of global companies, including Tesla, Square Inc. and Japan Nexon Co. has decided to buy Bitcoin in recent months, and more and more people have started to accept cryptocurrency as a method of payment. While Japan was one of the early leaders in accepting Bitcoin, few companies have joined this trend to date.

Nexon Joins Tesla In Bitcoin Bet With $ 100 Million Buy

Recently, SoftBank placed some of its assets in “very liquid” US stocks such as Amazon.com Inc. and Facebook Inc. The company said today it holds such positions “in preparation for future opportunities. investment ”.



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