CoinShares CEO: ‘If You’re Not Profitable with Bitcoin at $60,000, When Will You Be?’

The post CoinShares CEO: ‘If You’re Not Profitable with Bitcoin at $60,000, When Will You Be?’ appeared first on Coinpedia Fintech News Jean-Marie Mognetti, CEO of CoinShares, shared some thoughts on the state of the crypto industry, especially concerning Bitcoin. In an interview with Thinking Crypto, he pointed out that many crypto asset management companies have been funded heavily by venture capital, with a lot of cash being burned without much focus on profitability. He said that …