Kevin O’Leary Says 20% of His Portfolio is in Crypto and Blockchain

Venture capitalist Kevin O’Leary has revealed that 20% of his investment portfolio consists of Bitcoin and other cryptocurrencies. Appearing in an interview with CNBC’s Squawk Box on Friday, celebrity investor Kevin O’Leary stated that one-fifth of his investment holdings comprise cryptocurrencies and companies tied up in the blockchain industry. "I have millions of dollars–20% of my portfolio is now in #cryptocurrencies and blockchains," says @kevinolearytv. "If you own $MSFT, if you own $GOOGL. Why don't you own #bitcoin?" pic.twitter.com/gGVnCQARMz — Squawk Box (@SquawkCNBC) March 11, 2022 “I have millions of dollars. 20% of my portfolio is now in cryptocurrencies and blockchain.. O’Leary said in his interview.. “So we should support this initiative and be the leader in the policy. Because right now, the world is waiting. We are so far behind in policy for this industry that will lead the world in financial services. We need to get going.” On being asked by CNBC’s host, Andrew Ross Sorkin, whether some cryptocurrencies will even make it in the next 10 years, the venture capitalist replied that he’s already considered the risk factors by diversifying his holdings into 32 different positions including having equity in FTX crypto exchange. “The whole point is, you don’t know who is going to win. Is Ethereum going to win? Is solana going to win? Is it Helium or is it Avalanche? I own them all,” O’Leary added. Has O’Leary Soften...