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Investing legend and co-founder of Miller Value Partners Bill Miller is offering a powerful investment case for Bitcoin (BTC), labeling it the single best performing asset in multiple time periods.
In a CNBC interview, the executive of the long-term investment management firm says the demand for Bitcoin is significantly outpacing supply.
“The Bitcoin story is very easy, it’s supply-demand. It’s economics not 101 but .01 which is Bitcoin’s supply is growing around 2.5% a year, and the demand is growing faster than that, and there’s going to be a fixed number of them.”
