Bitcoin bull Tim Draper reveals the secrets of his altcoin portfolio
Tim Draper, the prominent venture capitalist and tech billionaire who purchased nearly 30,000 Bitcoins (BTC) that were seized from the Silk Road, has revealed his digital currency holdings span at least half a dozen different crypto assets. Speaking at a recent investment conference, Draper revealed that his holdings include Bitcoin Cash (BCH), Ripple (XRP), Tezos (XTZ), and Aragon (ANT), adding: Draper’s comments come only three weeks after his Twitter account appeared to be subject to a hack to promote BCH.
Draper has been an active cryptocurrency investor for seven years, having made multi-million investments into several startups and burgeoning projects, including major U.S. crypto exchange Coinbase. His altcoin investments still appear to be dwarfed by his BTC holdings.