Bill Ackman, founder and CEO of Pershing Square Capital Management, said that BTC prices may be about to surge much higher than anyone imagines. He said in a tweet that rising Bitcoin prices lead to increased mining and increased energy use, which drives up energy costs, which leads to higher inflation and a weaker dollar, which drives demand for Bitcoin and increased mining, which drives demand for energy, and the cycle continues. MicroStrategy (MSTR) founder Michael Saylor responded that most Bitcoin miners are reducing the cost of electricity for other consumers, not increasing it. (CoinDesk)