Chamath Palihapitiya Owns Bitcoin: Should You?

Billionaire investor Chamath Palihapitiya, the deep-pocketed brain behind tech investment fund Social Capital, started investing in Bitcoin (CRYPTO: BTC) nearly a decade ago. "I was the one that backed up the truck in 2012 on Bitcoin," Palihapitiya said in a recent Bloomberg interview. Last year, he joked about buying the Hamptons when Bitcoin hits $150,000 per share, converting the upscale vacationing spot into "sleepaway camps for kids, working farms, and low-cost housing."