May 5, 2025

Understanding Bitcoin’s Value Through the Lens of Bitwise Investments CIO Matt Hougan

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On 1 August 2024, Matt Hougan, the Chief Investment Officer (CIO) of Bitwise Investments, took to the social media platform X (formerly known as Twitter) to address a common question posed by professional investors: How can Bitcoin have value when it doesn’t produce cash flows? Bitwise Investments specializes in managing cryptocurrency index funds, providing diversified

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