Billionaire Palihapitiya to buy The Hamptons if Bitcoin reaches $150k

Chamath Palihapitiya Bitcoin
Chamath Palihapitiya Bitcoin

Many billionaires are showing interest in Bitcoin (BTC) and have commented on its record-breaking price rallies. On Tuesday, billionaire venture capitalist Chamath Palihapitiya tweeted that he plans to purchase The Hamptons when Bitcoin reaches $150,000. 

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Palihapitiya is the founder and CEO of Social Capital. He tweeted that he wants to transform the New Yorkers’ favorite summer destination into a better place. “When BTC gets to $150,000, I will buy The Hamptons and convert it to sleepaway camps for kids, working farms, and low-cost housing,” he posted. 

 Furthermore, when asked what he would do if Bitcoin reaches 400,000, the billionaire joked that his next destination is Mars. The comment comes in conjunction with billionaire Elon Musk saying that planet Mars economy will run on Bitcoin in a tweet

mars bitcoin
Screenshot from Elon’s twitter