Shark or whale, Kevin O’Leary is both

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  • Celebrity investor Kevin O'Leary said he wants to more than double his cryptocurrency holdings by year end.
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    • Speaking with CNBC, the popular Shark Tank investor said he previously thought bitcoin was “garbage” but has since changed his mind and aims to take his cryptocurrency holdings from 3% of his portfolio to 7%.

     

    • O’Leary forecasts a prosperous future for cryptocurrency, and said “trillions of dollars of interest [is] waiting to come on board” when more regulators approve cryptocurrencies as an asset class, which he says is inevitable.

     

    • “This is not going away, this is the new asset class,” O’Leary said.
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