Bitcoin Is Half Of Bill Miller’s Portfolio


Legendary value investor Bill Miller said in an interview that Bitcoin provides an insurance to financial catastrophe that no other asset can provide and is the only investment that can increase in value by ten or 50 times.

Miller also said half of his personal investment portfolio is allocated to bitcoin and Bitcoin-related companies including bitcoin miner Stronghold and software intelligence company MicroStrategy. He explained that despite the common beliefs around portfolio asset diversification, most billionaire investors’ allocations are “very concentrated” due to a strong confidence in the value of that investment. For Miller, that investment is Bitcoin.


Source