Billionaire Paul Tudor Jones said in an interview on CNBC on October 22 that he was very bullish about Bitcoin and that it was still in the “first inning.”

• Jones, who revealed his Bitcoin investment in May 2020, offered a very bullish prediction for Bitcoin, saying that “likes Bitcoin even more now than I did then”
• Jones believes that quantitative easing policies instituted by the Federal Reserve will spur inflation
• He likened investing in Bitcoin to “investing with Steve Jobs and Apple or investing in Google early”
• Like other experienced investors who have recently invested in Bitcoin, Jones believes that Bitcoin is the best hedge against inflation
• Microstrategy, Square and Mode Global Holdings have all invested reserves into Bitcoin