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SoftBank's Masayoshi Son lost $130m in mistimed bitcoin bet

Investment blemish for Japanese billionaire who bought into cryptocurrency near its peak

Softbank CEO Masayoshi Son

NEWYORK/TOKYO/LONDON (Financial Times) -- Masayoshi Son, founder of SoftBank Group, lost more than $130m in a personal bet on bitcoin, buying near the cryptocurrency's record high and selling after it tumbled, according to people with knowledge of the matter.

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