Crypto Tycoon Justin Sun Invests $ 7 Million In Bitcoin

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2 years ago

Sun takes advantage of Bitcoin's massive 20% drop on the day to rack up more coins. The price of BTC plummeted to $ 42,000 on Binance, amid concerns of a corona virus resurgence.

In a financial investment to buy an asset after it falls in price, "believing that it is a bargain."

Sun remains bullish on the future of Bitcoin and has been stocking up on its holdings.

In May, he bought 4,145 BTC for $ 152 million, after the price fell below $ 37,000.

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