On April 15th, PANews reported that American venture capitalist and billionaire Tim Draper recounted his Bitcoin investment experience in an article on the X platform. He initially planned to buy Bitcoin at $4, but mining equipment supplier Butterfly Labs used the chips that were supposed to be delivered for its own mining. By the time Peter Viscenne received the chips, Bitcoin had already risen to over $30. His subsequent Bitcoin holdings through Mt. Gox were also lost due to the platform "losing" funds. Draper noticed that Bitcoin's price did not drop significantly after the Mt. Gox incident. His research revealed that Bitcoin was being used for remittances, paying wages to unbanked workers, and creating new economic opportunities. Therefore, he purchased all nine batches of Bitcoin at $632 (above market price) in an auction held by the U.S. Marshals Service. In 2014, he predicted on Forbes Business Channel that Bitcoin would reach $10,000 within three years, a prediction that came true on the same day three years later. Draper stated that his predictions have not come true since then, but there is reason to believe that Bitcoin will reach $250,000 within 18 months, and that the figure will eventually be higher as Bitcoin appreciates and the dollar falls due to inflationary pressures.