Among the cryptocurrencies , many analysts like to place aggressive price targets on is Bitcoin ( CRYPTO:BTC ) . On the Jan. 5 episode of "The Crypto Show" on Backstage Pass, Fool.com contributor Chris MacDonald and The Motley Fool's Eric Bleeker discussed some of the price targets around Bitcoin, and whether this token could hit $100,000 this year. Eric Bleeker: I wanted to go across the internet and then just capture some of the predictions for crypto ahead into the year. Maybe by the time we get to 2023, we can look back at some of these, see how they're doing, but evaluate what we think of each of them. The first will be a prediction of Bitcoin to $100,000, I know if you're a longtime viewer of the show and you saw our last show that we did live before we had the holiday interviews. We talked about Bitcoin going past $500,000 and the prediction from Cathie Wood on that. Goldman Sachs (NYSE: GS) not quite as ready to go for a 10x prediction, but they did … [Read more...] about Can Bitcoin Hit $100,000 in 2022?
On Tuesday, Microsoft ( NASDAQ:MSFT ) announced plans to acquire video-game giant Activision Blizzard ( NASDAQ:ATVI ) in an all-cash $75 billion deal, or $68.7 billion when factoring in Activision's net cash position. That equates to a price of $95 per share, up from around Activision's $65 share price on Friday -- but still below Activision's 52-week high of $104.53. The deal would be Microsoft's biggest deal yet, nearly three times as large as the 2016 acquisition of LinkedIn and nine times the size of the ZeniMax Media acquisition in 2020, which brought over the Bethesda games portfolio. If the deal passes antitrust regulators, it could be a brilliant move. In fact, the deal smacks of the value investing approach Warren Buffett practices at his conglomerate Berkshire Hathaway ( NYSE:BRK.A ) ( NYSE:BRK.B ) . Given Buffett's close friendship with former Microsoft Chairman Bill Gates, it's perhaps no surprise Microsoft is making smart acquisitions at … [Read more...] about Microsoft Is Becoming the Berkshire Hathaway of Tech