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Bitget CEO Gracy Chen targets a $50K Bitcoin buyback

Chen said she plans to keep much of her portfolio in stablecoins and would consider a drop of more than $25,000 from current levels as a potential entry point later in 2026 or early next year.

Reported · Written up by our desk · Market Structure

Bitget CEO Gracy Chen said she does not view Bitcoin’s recent rally as durable, and she is holding off on additional buys until a potential later-in-2026 or early-2027 price level near $50,000.

In an interview with Cointelegraph, Chen said she is keeping a significant portion of her portfolio in stablecoins and is watching for a decline of more than $25,000 from current prices as a possible trigger to buy back into Bitcoin.

Cointelegraph also reported Chen noted Bitcoin could still be able to end the year up by as much as $20,000 higher, while adding that she is not offering special forecasting insight and framed her role as an exchange operator rather than a price analyst.

Latest closeBitcoin $78,920.97 ▲1.5%

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