HUGH HENDRY: Bitcoin Could Go To $1 Million And I Wish I Could Own It

U.K.-based hedge fund manager Hugh Hendry, the founder of Eclectica Asset Management, made some interesting comments about how he sees Bitcoin going to $1 million, Investment Week's Dan Jones reports.

"This is the environment where Bitcoin could go to $1m. There is no qualitative reason, but it is trending. If I could own Bitcoin, I would," Hendry said, according to Investment Week.

The digital, decentralized currency that first emerged in 2009 is now trading above $1,100.