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SoftBank Doubles Down on Bitcoin—Seven Years After $130M Bloodbath

SoftBank Doubles Down on Bitcoin—Seven Years After $130M Bloodbath

Author:
CoindeskEN
Published:
2025-04-24 18:17:41
16
2

SoftBank Is Buying Bitcoin Again, After $130M Loss in 2018. Is This Time Different?

Masayoshi Son’s tech juggernaut is back in the crypto trenches—because nothing says ’contrarian play’ like losing nine figures and waiting for a regulatory apocalypse to pass.

Why now? The usual suspects: institutional FOMO, inflation hedges, and that sweet, sweet volatility Wall Street pretends to hate (but secretly craves).

Key differences in 2025? BlackRock’s ETFs changed the game, Japan’s FSA stopped treating crypto like a back-alley dice roll, and—let’s be real—everyone forgot about the 2018 dumpster fire.

Final thought: When the guy who bet billions on WeWork starts buying the dip, maybe grab some popcorn. Or a hedge fund prospectus. Or both.

|Square

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