December 11, 2023

TV star Kevin O'Leary has increased investment in bitcoin in terms of crypto winter

TV Star Kevin O'Leary Increases Bitcoin Investments in Crypto Winter

Investors Shark Tank star Kevin O'Leary, in an interview with Stansberry Research, spoke about the increasepositions in digital assets, despite the bearish cycle in the cryptocurrency market.

“I have always said that you will face volatility in an industry that is not regulated,” he recalled.

O'Leary has invested in "large market cap cryptocurrencies like Ethereum and Bitcoin."

“Why not increase the position if you are going to stay in the market for a long time?” he said.

The TV star considers one of the main current problems of the crypto industry to be the lack of sufficient acceptance of digital assets among institutional investors.

Recall that in April, O'Leary said that he holds 32 positions in cryptocurrencies, including bitcoin and Solana. 

Earlier, he expressed interest in buying shares of mining companies that use green energy.

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