
Kevin O'Leary: Bitcoin will hit $1M, but quantum computing is the key risk
- —O'Leary reaffirmed a $1 million Bitcoin target, calling quantum computing the main risk
- —Major funds limit their BTC allocation to about 3% of portfolios
- —He abandoned a "BTC and ETH only" strategy, expecting sector-specific blockchains
- —O'Leary expects the CLARITY Act not to pass before the U.S. midterm elections
Why it matters: A signal that institutional demand for BTC is constrained by technical risks, not just regulation.
Source: Digital Today