'Shark Tank' star changes tune on Bitcoin, will allocate 3% of his portfolio
Kevin O'Leary referenced investor Dan Loeb’s "deep dive" into crypto in his decision to more fully invest in Bitcoin. Businessman Kevin O'Leary, who appears on the reality TV show Shark Tank and once called Bitcoin a “giant nothing burger,” has now joined the laser eye community.In a tweet yesterday, O'Leary said he would be allocating 3% of his portfolio to Bitcoin (BTC) and looking into investing in sustainable crypto mining. He said his investment in the latter would be aimed to avoid “blood coins” — a reference to unethically mined diamonds — and “under a mandate of 0 carbon.” Both....
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Although Bitcoin couldn’t hold above the $1 trillion market cap for very long, doing so in the first place might have been a turning point for even the most skeptical investors. It has even caused one Shark Tank investor to change his tune, shifting a portion of his portfolio into the highly volatile asset. Here’s how else the cryptocurrency asset class has been able to turn other high-wealth investors from naysayers into believers. ABC’s Shark […]
Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, is ready to put 5% of his investment portfolio in a bitcoin exchange-traded fund (ETF) that is approved by the U.S. Securities and Exchange Commission (SEC). Long known as a bitcoin skeptic, O’Leary is worried about bitcoin’s volatility and wants regulators to be comfortable with it before he jumps in. Kevin O’Leary Wants to Invest in Bitcoin ETF Canadian investor and television personality Kevin O’Leary discussed his view on bitcoin last week in a podcast hosted by Morgan Creek Digital partner....
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared his cryptocurrency investment strategy. He revealed that 20% of his portfolio is now in cryptocurrencies and blockchain. “The whole point is you don’t know who is going to win.” Kevin O’Leary’s Cryptocurrency Investment Strategy O’Shares ETFs....
“Bitcoin will always be the gold, Ethereum will always be the silver,” said the Shark Tank star. Amid the price of Ether reaching an all-time high this week, businessman Kevin O'Leary still believes Bitcoin will stay on top of the token.Speaking to CNBC yesterday, the Shark Tank star said Ether (ETH) was "always going to be number two" to Bitcoin (BTC) despite the token reaching an all-time high price of more than $2,600 at the time of the interview, and more than $2,700 at the time of publication. The price of Bitcoin, on the other hand, has been volatile in April, rising to a new....
Despite criticizing Bitcoin, the Shark Tank star also said the digital asset could become “something of tremendous value” if regulators were to back it. Businessman Kevin O'Leary, who appears on the reality TV show Shark Tank, seems to be backing away from statements he made in December indicating he might purchase more Bitcoin.In an episode of his YouTube series released today titled "Why I'm NOT Investing in Bitcoin," O'Leary spoke to Bitcoiner Anthony ‘Pomp’ Pompliano and called Bitcoin (BTC) a “giant nothing burger” in terms of its value as an asset. He argued he would be unable to....