Billionaire Investor Bill Miller Now Has 50% of His Wealth in Bitcoin
📣 #Billionaire Investor #BillMiller Now Has 50% of His Wealth in #Bitcoin
👉 Market-beating fund manager and billionaire Bill Miller is so #bullish on Bitcoin that the investments tied closely to the #crypto now represent 50% of his assets.
👉 #Miller said he started buying Bitcoin at around $200 in 2014 after hearing a talk by Wences Casares, known as the “Patient Zero” of Bitcoin for introducing it to #SiliconValley circles, at the annual Sun Valley media and tech conference.
👉 He bought more Bitcoin over time but then didn’t buy it for years, until last year when the price hit new highs and then started to fall sharply. Miller started buying again at $30,000, down from its high of just under $69,000.
👉 Miller said he thinks Bitcoin is best considered digital gold with a strictly limited supply. He recently allowed himself to be called a “#Bitcoinbull” rather than just a “Bitcoin observer” because he feels that it’s now developed into a game-changing technology.
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