Bitcoin has been on a tear lately with the cryptocurrency up more than 40% in the last month. The rally has been driven by a number of factors including institutional adoption, macroeconomic uncertainty, and most recently, comments from Tesla CEO Elon Musk.
One of the most notable investors in the space is Kevin O’Leary, also known as “Mr. Wonderful” from the popular TV show Shark Tank.
O’Leary has been a Bitcoin believer for some time now and even though he’s not invested directly in the cryptocurrency, he has put money into companies that are involved in Bitcoin.
NOTE: WARNING: Investing in Bitcoin (or any cryptocurrency) carries a high level of risk. It is not known whether Kevin O’Leary has invested in Bitcoin, or if he would ever consider investing in Bitcoin. Before investing in any cryptocurrency, please do your own research and speak with a qualified financial advisor. Never invest more than you can afford to lose.
In an interview with CNBC back in 2017, O’Leary said that he thought Bitcoin was a “fraud” but he was open to investing in companies that were involved in the cryptocurrency space. And that’s exactly what he’s done.
In 2019, O’Leary invested in BitPay, a Bitcoin payment processor, through his venture capital firm Cookie jar. More recently, O’Leary has also invested in BlockFi, a cryptocurrency lending platform.
So does Kevin O’Leary invest in Bitcoin? While he doesn’t own any Bitcoin directly, he has put money into companies that are involved in the cryptocurrency space. And given his positive comments about Bitcoin in recent months, it seems likely that his investment portfolio will continue to grow.
10 Related Question Answers Found
Kevin O’Leary is a Canadian businessman, author and television personality. He is the co-founder of O’Leary Funds and SoftKey. He has appeared on numerous business shows, including Shark Tank, The Lang and O’Leary Exchange and SqueezePlay.
Kevin O’Leary, AKA “Mr. Wonderful,” is a Canadian businessman, television personality, and investor. He has appeared on several reality TV shows, including Shark Tank and Dragons’ Den.
On Tuesday, March 3, 2020, at 8:30 a.m. Kevin O’Leary, the Canadian businessman and television personality, appeared on CNBC’s “Squawk Box” to talk about the current state of the stock market amid the coronavirus outbreak. During the interview, O’Leary said that he had bought some Bitcoin (BTC) the night before.
“I bought it last night just because I think we are in a deflationary spiral,” O’Leary said. “I don’t know where else to put my money.”
This is not the first time O’Leary has spoken about Bitcoin on CNBC.
Kevin O’Leary, best known as “Mr. Wonderful” from the television show Shark Tank, is a Bitcoin skeptic. He has criticized the cryptocurrency for its lack of regulation and lack of transparency.
Kevin O’Leary, also known as “Mr. Wonderful,” is a Canadian businessman, investor, author, television personality, and philanthropist. He has appeared on several investment-themed television shows, including Shark Tank, Dragons’ Den, and The Lang and O’Leary Exchange.
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In an interview with CNBC, Kevin O’Leary, otherwise known as “Mr. Wonderful” from the television show Shark Tank, had a lot to say about Bitcoin. When asked if he would invest in Bitcoin, O’Leary said that he “wouldn’t touch it with a ten-foot pole.” He went on to say that Bitcoin is a ” speculative mania ” and that people are ” buying Bitcoin because they think they’re going to sell it to somebody else for more.”.
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