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Bitcoin Could Still Go Much Higher, Says Guy Invested Heavily in Bitcoin

The price of bitcoin could reach up to $40,000 as it becomes more accepted and easier to trade, billionaire investor Marc Lasry told CNBC on Wednesday.

“As it gets more into the mainstream, and as more markets end up allowing it to trade where it’s freely tradable, to me that’s more of the bet,” Lasry said in a “Squawk Box” interview, adding that he sees bitcoin investors making five to 10 times their money in three to five years.

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