1 min read
Add as a preferred source on Google

Azuria Capital Founder Sees Bitcoin as Undervalued, Expects Sharp Moves

In a video published Nov. 11, Tavi Costa tied his view to a weaker dollar and suppressed yields and named silver and mining stocks as his preferred hard-asset trade.

Mentioned assets
A plain coin and silver ingot balance on a small brass scale / TokenPost.ai
A plain coin and silver ingot balance on a small brass scale / TokenPost.ai

Tavi Costa, founder and CEO of Azuria Capital, expects Bitcoin (BTC) and silver to make sharp moves as the Federal Reserve’s rate-hiking cycle ends, and views Bitcoin as undervalued.

In a video published Nov. 11, Costa pointed to former Bitcoin supporters giving up on the asset as part of his reasoning. He identified a weaker dollar and suppressed yields as macro forces he believes will shape the next decade. Costa also named silver and mining stocks as his preferred hard-asset trade.

Sonny Jang

Reporter

Sonny Jang reports on people and leadership in digital assets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…