Is Bitcoin A Buy Below $110,000? See Why “Mr. Wonderful” Kevin O’Leary Prefers Investing In Bitcoin Infrastructure
Bitcoin has dipped below $110,000 as macro conditions cool its recent all-time run, which topped $124,000 per coin earlier this month. Even at current levels the price is up more than 40% over the past six months and more than 105% from a year ago. Some investors are chasing the Bitcoin price action. Kevin O’Leary isn’t.
He’s investing in the infrastructure behind it.
“I like to always be invested in the picks and shovel,” O’Leary said. “And Bitzero is exactly that.”
The “Shark Tank” investor and outspoken entrepreneur didn’t hedge his words during a recent interview about why he’s backing Bitzero, a bitcoin mining and energy-infrastructure firm led by Mohammed “Mo” Bakhashwain, a Saudi entrepreneur with roots in both real estate and crypto.
O’Leary sees Bitzero as a two-way bet: a margin-heavy miner today and a data center powerhouse for AI tomorrow.
Real Estate Plus Revenue
Bakhashwain studied real estate development in London while building a crypto portfolio on the side. That intersection—real assets plus emerging tech—eventually led to the formation of Bitzero.
Today the company operates a …
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