Bloomberg Tech

Bitcoin Soars and Tesla Shorts Take a Hit

Nov 11, 2024
Katherine Boyle, General Partner at Andreessen Horowitz and co-founder of the firm’s American Dynamism Practice, shares insights on the evolving landscape of defense tech. She discusses the implications of Bitcoin's surge to over $84,000, linking it to recent political shifts. The conversation shifts to hedge funds suffering losses from shorting Tesla, underscoring trends in investment behavior. Boyle emphasizes the critical need for technological advancements in defense innovation, highlighting its relevance to national security.
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