Value investor Bill Miller held over half his personal wealth in bitcoin as crisis insurance
- —Miller has been buying bitcoin since around 2014
- —BTC at one point exceeded 50% of his personal assets
- —He frames bitcoin as insurance: no yield, but value rises in a crisis
- —Instead of DCF, he weighs future scenarios and their probabilities
Why it matters: A prominent value investor's endorsement reinforces bitcoin's safe-haven narrative as Treasury yields climb.
Source: Blockmedia