Kevin O’Leary Allocates Over 10% Portfolio to Bitcoin

Kevin O’Leary, the investor known from “Shark Tank,” announced his investment app Beanstox now supports Bitcoin and gold portfolio additions, reflecting his significant crypto allocation.

This shift highlights growing institutional trust and regulated access to digital assets, potentially influencing market dynamics as mainstream acceptance gains traction.

Kevin O’Leary Invests 10% of Portfolio in Bitcoin and Crypto

Kevin O’Leary, Chairman, Beanstox, said, “Today, over 10% of my personal portfolio is in Bitcoin and crypto related assets, plus about 5% in gold…” source

Experts forecast potential regulatory shifts in the US and EU markets, likely influencing the trajectory of digital assets. Adoption of regulated investment vehicles such as ETFs is expected to grow, promoting institutional involvement.

Kevin O’Leary, Chairman, Beanstox, said, “Today, over 10% of my personal portfolio is in Bitcoin and crypto related assets, plus about 5% in gold…” source

Bitcoin Hits $108,805 with a Market Cap of $2.17 Trillion

Did you know? Kevin O’Leary once referred to Bitcoin as “junk,” but his recent allocation marks a substantial asset strategy shift, echoing broader institutional pivots much like past actions by Elon Musk and Michael Saylor.

Bitcoin (BTC) holds a market dominance of 57.41%, with a current price of $108,805.21. The total market cap stands at $2.17 trillion, as reported by CoinMarketCap. Despite a slight 0.25% rise in the past 24 hours, Bitcoin shows a 7-day decrease of 5.47%. Trading volume over the last 24 hours hit $59.32 billion, down by 17.87%.

Insights from the Coincu research team suggest a favorable outlook for digital assets, based on current price metrics and trading volume trends.