Japanese billionaire Masayoshi Son, the founder of conglomerate SoftBank, personally lost over $130 million when he sold his position in bitcoin, the Wall Street Journal reported on Tuesday. Son made the investment in late 2017 the report said, near the digital currency’s record high near $20,000 in December of that year. Bitcoin has traded around $5,000 in recent weeks. While it is unknown exactly how much bitcoin Son bought, he sold early last year after the speculative digital currency’s value collapsed. The move reportedly followed Son receiving a recommendation by a “bitcoin evangelist.” SoftBank had bought the ... (full story)