“Shark Tank” star and prominent investor Kevin O’Leary has announced a fundamental change in his crypto market strategy.
In an interview, O’Leary announced that he had sold 27 crypto assets from his portfolio in the wake of the October crash and shifted his focus to a completely new area.
Based on his analysis, O’Leary argued that small-cap altcoins (which he calls “poop coins”) no longer have a future in the market. Investors said most of these assets are highly correlated to Bitcoin and Ethereum and do not offer additional “alpha” (return potential).
O’Leary has updated his crypto portfolio, stating that two-thirds of his crypto assets will be in Bitcoin (BTC) and 1/3 is Ethereum (Ethereum). He argued that large sovereign wealth funds and institutional investors would not have to bother managing 27 different assets and would instead focus only on highly liquid assets. BTC and Ethereum.
O’Leary is currently investing his surplus crypto cash into his “crypto kitchen,” or energy and infrastructure projects. According to this famous investor, the most valuable asset of the future will not be Bitcoin, but energy.
O’Leary believes that passing a US law (the Clarity Act) is essential for cryptocurrencies to become a true asset class. The investor expects the law to be passed around May 15, 2026, and expects institutional money to flood into the market if it passes.
*This is not investment advice.
