Legendary fund manager Bill Miller: He invested half of his assets in Bitcoin and cryptocurrencies.
Legendary Wall Street CFO and founder of Miller Value Partners, Bill Miller, recently revealed that about half of his personal debt has been invested in Bitcoin and other cryptocurrencies.
In a recent interview with WealthTrack, Bill Miller said he first bought Bitcoin in 2014 when Bitcoin was only around $ 200, but Bill Miller didn't stop there and continued to increase its hold on Bitcoin. I started buying bitcoin until the price hit $ 500 and last spring when the price was around $ 30,000.
Bill Miller is no longer in charge of Bitcoin but has become the Bitcoin Bull, telling "WealthTrack" that he has been buying Bitcoin-related investments like MicroStrategy since last year. He said: My reason is that there are more users now. A lot of money is invested in venture capital. A lot of people don't believe, but at least they try.
Bill Miller noted that the remaining 50% of the data was distributed to Amazon's inventory. Bill Miller, known for the success of S&P for 15 consecutive years and for his significant investments in Amazon and Google, is himself a Bitcoin sponsor.
In a 1.5-hour interview, Bill Miller even compared Bitcoin's role in preventing inflation to digital gold. He added that it was also a financial damage insurance policy unmatched by any other asset, giving Bitcoin 21 million in investments.
In October of last year, it was reported that unscrupulous traders lack a deep understanding of the cryptocurrency space and lack confidence in the prospect of only sharing 1% of their Bitcoin investment. At the time, it was argued that if investors generally accepted Bitcoin as a safe haven, the value of Bitcoin could increase tenfold.
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