Bill Miller, the famous billionaire investor and founder of Miller Value Partners, considers bitcoin an insurance policy against financial disaster.
Bill Miller, who serves as chairman of the board and chief investment officer of Miller Value Partners, made statements about bitcoin in an interview with CNBC on February 9.
Miller, who thinks Bitcoin is an insurance policy:
Insurance policies have no value. You don’t want your house to burn down or have an accident, but even in such a case, you pay the insurance cost every year.
said.
Miller said last month that half of his net worth is bitcoin.
Upon this, Miller replied that he only bought with a small part of his portfolio at first, but later on, when the price of bitcoin increased, the total half of your net worth said that.
Commenting on KPMG Canada’s purchase of bitcoin and ether for its corporate treasury, Miller said:
This year, I think foundations and corporate companies will embrace bitcoin much more.