Market-beating fund manager and billionaire Bill Miller is so bullish on bitcoin that it and investments tied closely to the crypto now represent 50% of his personal assets, he revealed in a video interview with WealthTrack published on Friday.
Miller, who gained fame for beating the S&P 500 index for a record-breaking 15 years in a row from 1991-2005 as a fund manager at Legg Mason, has previously invested heavily in bitcoin in funds that he managed, but his revelation about his personal portfolio was new.
Miller said he personally 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 Silicon Valley circles, at the annual Sun Valley media and tech conference.
