Core Insights - Kevin O'Leary emphasizes the importance of investing in both cryptocurrencies and the infrastructure that supports them [1][2] - O'Leary advocates for owning entities involved in cryptocurrency mining, such as Bitzero, a Canadian energy infrastructure company [2][3] Company Insights - Bitzero provides sustainable power generation for data centers, supporting high-performance computing and mining activities [3] - Bitzero began trading on the Canadian Securities Exchange last month [3] - O'Leary has invested in various cryptocurrency infrastructure companies, including Circle Internet Group Inc., Coinbase Global Inc., and Robinhood Markets Inc. [4] Industry Insights - O'Leary highlights the critical role of power supply in both the AI and cryptocurrency sectors, suggesting that electricity scarcity poses a significant risk to the growth of these industries [6] - He believes that owning Bitcoin and Ethereum can capture 97.5% of the cryptocurrency market's potential returns [6] - As of the latest data, Bitcoin is trading at $92,962.55, reflecting a 6.87% increase in the last 24 hours [6]
Kevin O'Leary Says He Likes To Bet On Crypto As Well As The Underlying Infrastructure: 'Why Wouldn't You Own The Entity That Mines Bitcoin?' - Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)