Kraken‘s CEO Jesse Powell Still believes in the power of BTC

August 17, 2022

San Francisco-based exchange company Kraken‘s CEO Jesse Powell recently said that he is still bullish on Bitcoin.

He hopes to buy a Bugatti for one Bitcoin by the end of 2022.

Powell appeared in Bloomberg Exclusive, where he stood to his forecasts from last year at that time, Bitcoin was trading round $48,000.

Powell didn’t step down when he was reminded of his forecasts on August 26 last year.

However, while stating he didn’t expected the winter market to hit so brutally.

He regardless mentioned he’d expect to purchase one Bugatti with one Bitcoin by the end of 2022.

BTC is trading at $24,000 currently while the posh automobile model Bugatti’s fashions range between $1.9 million and $3.3 million.