Legendary investor Bill Miller says bitcoin is insurance against financial catastrophe – and he still has a ‘very big position’ in it
- February 11, 2022
- Posted by: MasterAdmin
- Category: Altcoins
Bill Miller, chairman and CIO of Miller Value Partners.
Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal/Getty Images
Bitcoin is insurance against financial catastrophe, legendary investor Bill Miller told CNBC Wednesday.
Miller said he still holds a very big position in the cryptocurrency, even as it trades 36% below its record high.
He touted KPMG Canada’s allocation of bitcoin and ether to its balance sheet as a bullish move.…