Here’s How Much Of Kevin O’Leary’s Portfolio Is In Crypto

Former Bitcoin critic and naysayer Mr Wonderful now sings a different tune and is quite the fan of crypto and Blockchain technology. At this point, the only ones of these types who are going to naysay and criticize Bitcoin and cryptocurrency are those who are either lying to you or are just so old and bitter that they refuse to admit or accept what a beuatiful thing it really is as they’re not going to be around to bask in its glory:

20% of His Portfolio in Crypto

Back in 2019, the Canadian businessman and television personality was among the biggest critics of the crypto industry. At the time, he described bitcoin as “worthless,” “useless currency,” and even “garbage because you can’t get in and out of it in large amounts.”

He started softening his stance at the beginning of 2021, saying he’s not against BTC and that he even respects the asset. Shortly after, he entered the ecosystem by allocating 3% of his portfolio to it.

In a recent interview for CNBC, Mr. Wonderful revealed his exposure to digital assets equals 20% of his total wealth:

“I have millions of dollars in crypto. 20% of my portfolio is in cryptocurrencies and blockchain.”

Speaking of the primary cryptocurrency, he argued that investing in it is like buying shares of leading tech companies like Microsoft, Google, and many others. Apart from Bitcoin (BTC), he admitted holding Ethereum (ETH), Solana (SOL), and Avalanche (AVAX):

“You have to be diversified. I own 32 different positions, including equity and FTX itself: I’m backing their initiatives. You don’t know who’s going to win: is Ethereum going to win, is Solana, is Avalanche? I own them all.”

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Master Asked on March 11, 2022 in Cryptocurrency.
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