Billionaire investor Ray Dalio has disclosed that he owns “a little” Bitcoin (CRYPTO: BTC), although he did not disclose the specific amount.
What Happened: In an interview with CNBC in Davos on Wednesday, Dalio stated his Bitcoin holdings are “little, like 1% kind of?” of his portfolio and that in general investors need to think about their alternative forms of money.
The investor highlighted that gold can be a key element to any portfolio due to its inverse relationship with market movements.
When asked whether he would increase his Bitcoin holdings to 10 …
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