Billionaire Investor Kevin O'Leary Reveals He Sold 27 Altcoins, Shares His New Portfolio

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Source: CryptoNewsNet Original Title: Billionaire Investor Kevin O’Leary Reveals He Sold 27 Altcoins, Shares His New Portfolio Original Link: https://cryptonews.net/news/finance/32331261/ “Shark Tank” star and renowned investor Kevin O’Leary has announced a radical change in his cryptocurrency market strategy.

In an interview, O’Leary announced that he sold 27 different crypto assets from his portfolio following the October crash and shifted his focus entirely to a new area.

Based on his analysis, O’Leary argued that small-cap altcoins (which he calls “poo coins”) no longer have a future in the market. The investor stated that most of these assets have a high correlation with Bitcoin and Ethereum and do not offer any extra “alpha” (return potential).

O’Leary updated his crypto asset portfolio, stating that 2/3 of crypto assets would be Bitcoin (BTC) and 1/3 would be Ethereum (ETH). He argued that large sovereign wealth funds and institutional investors wouldn’t bother managing 27 different assets, instead focusing solely on the highly liquid BTC and ETH.

O’Leary is now investing the surplus cash he earned from cryptocurrencies into the “kitchen of crypto,” namely energy and infrastructure projects. According to the renowned investor, the most valuable asset of the future will be energy rather than Bitcoin.

O’Leary believes that the passage of US legislation (the Clarity Act) is essential for cryptocurrencies to become a true asset class. The investor expects this law to pass around May 15, 2026, and predicts that institutional money will flood the market when it does.

BTC-3,08%
ETH-4,77%
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