“Wonderful” Shark Tank Investor Shifts Portion of Portfolio To Bitcoin and Et...
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 […]
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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....
Clearer regulations around stablecoins could make crypto a more viable investment option, according to the Shark Tank star. Shark Tank celebrity Kevin O’Leary, also known as Mr. Wonderful, says he would be ready to increase his crypto allocations up to 20% as soon as there are clearer regulations around stablecoins. O’Leary, a former Bitcoin (BTC) skeptic, is now a vocal advocate of cryptocurrency, which currently makes up over 10% of his investment portfolio. Mr. Wonderful is particularly focused on U.S. dollar-pegged stablecoins, which he sees as an effective hedge against rising levels....
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....
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....
Shark Tank's Kevin O'Leary said he was “not against Bitcoin” but would invest far more into the crypto asset if it were backed by regulators. Canadian businessman Kevin O'Leary, who appears on the reality TV show Shark Tank, has seemingly softened his stance on Bitcoin after speaking with Anthony ‘Pomp’ Pompliano. In an episode of the Pomp Podcast released today, Shark Tank's Kevin O'Leary appeared to be moving past his statements last year when he declared that Bitcoin (BTC) was “not a real currency” — though he still expressed concerns about the crypto asset’s volatility. The businessman....