Cointelegraph
Published Apr 23, 2019 12:58PM ET
WSJ: Japanese Billionaire SoftBank Founder Lost $130 Million on Bitcoin Investment
Japanese billionaire and founder of multinational conglomerate SoftBank Group, Masayoshi Son, reportedly lost over $130 million with his bitcoin (BTC) investment, the Wall Street Journal reports on April 23.
Per the report, people familiar with the matter claim that Son made the investment at the recommendation of Peter Briger, the co-chairman of asset management company Fortress Investment Group.
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Written By: Cointelegraph
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