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Balaji Srinivasan Pays Out $1,500,000 To Close Bitcoin Bet, Says He Raised Public Alarm Since No One Else Will

By Daily Hodl Staff at 2026-05-04 22:23

Sentiment: Negative

Former Coinbase chief technology officer Balaji Srinivasan has paid out $1.5 million to close out his long shot bet on Bitcoin’s (BTC) price. In March, Srinivasan made waves in the crypto world after placing a million-dollar bet that Bitcoin would skyrocket to $1 million in just 90 days in response to failing banks and hyperinflation. […] The post Balaji Srinivasan Pays Out $1,500,000 To Close Bitcoin Bet, Says He Raised Public Alarm Since No One Else Will appeared first on The Daily Hodl. Continue reading...

Categories: Bitcoin

Tags: #Bitcoin #Balaji Srinivasan #BTC #coinbase #News

Source The Daily Hodl