CZ, the founder of Binance, the world's largest cryptocurrency exchange, made a new post from his X account.
In this post, CZ also mentioned the memecoin named Libra (LIBRA), which has been mentioned with fraud allegations in recent days, and announced the cryptocurrencies he invested in.
While Argentine President Javier Milei, who is a Bitcoin supporter, openly supports Libra, which has shaken the cryptocurrency market, investors are wondering whether important names in the sector like CZ will invest in the project.
At this point, CZ clarified in his post that he did not invest in LIBRA.
CZ said that he did not buy any new cryptocurrencies and only holds Bitcoin (BTC) and Binance Coin (BNB).
CZ stated that he is not thinking short-term but is looking for long-term investments:
“Of course I did not invest in Libra.
I am not buying new coins.
I am not a short-term opportunist. I look at it long-term.
I only hold BNB and Bitcoin. – I got into Bitcoin “late”, not when it first came out in 2009. I bought Bitcoin at $600.
I, of course, did not invest in $libra. 😂
I don't buy new coins.
(I got into bitcoin "late", not when it first came out in 2009. I bought bitcoin at $600)
I am not short-term opportunistic.
I look for long-term impact.
I hold BNB and BTC.— CZ 🔶 BNB (@cz_binance) February 17, 2025
*This is not investment advice.
