• Paul Tudor Jones, a hedge fund billionaire, is holding onto his Bitcoin (BTC) investment despite its bearish price action over the past year.
• Despite the current US administration’s aggressive stance against crypto, he believes that Bitcoin has a unique value proposition and is sticking with it as part of his portfolio diversification.
• He notes that gold and Bitcoin may suffer if inflation cools off due to the rise of AI.

Billionaire Allocating 1-2% of Portfolio to Bitcoin

Hedge fund billionaire Paul Tudor Jones has revealed that he has allocated 1% to 2% of his multi-billion-dollar portfolio to Bitcoin (BTC). Despite the crypto king’s bearish price action over the past year, Jones says he has no plans to let go of his BTC allocation.

Unique Value Proposition

In a new CNBC interview, the legendary investor says that Bitcoin is by far his longest bet owing to its unique value proposition. According to Jones, BTC is “the only thing that humans can’t adjust the supply in” which makes it an attractive long term investment option.

Risk Premiums & Inflation Hedges

Jones suggests that both gold and Bitcoin have recently done well due to risk premiums but notes that this could be impacted if inflation cools off with the rise of artificial intelligence (AI). He believes this could affect their prospects as investors were buying gold and Bitcoin for inflation hedges previously.

US Regulatory Environment

The billionaire investor also points out that BTC’s future growth might be muted due to the current administration’s aggressive stance against cryptocurrencies in the United States.

Sticking With Investment

Despite these factors, Paul Tudor Jones says he will continue to hold on to his minor Bitcoin allocation due to its potential for growth in the long run.