Billionaire Investor Tucks Away 1% of Net worth in Bitcoin

Forbes recently published a report on the 67-year-old legendary investor, Bill Miller, that reveals he has 1% of his net worth in Bitcoin, invested 2014. The report doesn’t reveal Miller’s total net worth, but it does add that the investor is looking for incredible returns on the cryptocurrency and that, since he invested in it, he is up nearly tenfold. The report reads:

“Indeed, Miller still has a keen eye for change. In 2014, he put 1% of his net worth into Bitcoin, judging that the digital currency’s potential for large-scale economic disruption (see Forbes’ cover story on the coin revolution) outweighed the risk of a total loss. He’s up nearly tenfold, and Bitcoin is now a top holding of his hedge fund.”