Bitget CEO Gracy Chen Considers Strategic Bitcoin Buyback Amid Market Rally
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Gracy Chen wants more Bitcoin. But not at these prices. The Bitget CEO said she's eyeing a personal buyback around $50,000 — a drop of roughly $29,000 from where Bitcoin was trading when she made the comment. “I would say $50K is the number that I'm looking at for my personal Bitcoin buyback sort of price,” Chen said on the Trade Secrets show. That's not a small bet on a correction. That's basically calling for a 37% pullback from the $79,000 level the market had just touched.
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