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?’
Kevin O’Leary, renowned investor and “Shark Tank” star, highlighted the significance of investing not only in cryptocurrencies like Bitcoin (CRYPTO: BTC) but also in the underlying infrastructure that powers them.
‘Mr. Wonderful’ Bets On Crypto Infra Firms
In an X post, O’Leary said that he likes to “own the infrastructure as well as the assets.”
“If you’re gonna own Bitcoin, back then, why wouldn’t you own the entity that mines Bitcoin?” he stated.
O’Leary, also known as “Mr Wonderful,” specifically mentioned Bitzero, a Canadian energy infrastructure company, where he serves as a strategic investor.
“It’s agnostic to who uses its power. You can mine Bitcoin, you can mine Ethereum, or you can build a data center, or build an AI compute. It doesn’t matter,” he stated.
Bitzero, which provides sustainable power generation for data centres to support high-performance computing and mining activities, started trading …
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