In a recent podcast on WealthTrack with Consuelo Mack, Mr Miller says his fund is now up to 50% invested in Bitcoin. Miller Value Partners (MVP) manages some $2.2 billion in total assets,
Mr Miller had disclosed in October that his MVP 1 fund was up 72.5% through October.
The last time he had such as significant percent of his fund invested in an asset was in the 1990’s when he had 20% invested in AOL.
Miller says he put 1% of his net worth into Bitcoin as of 2014, buying in from $200 to $500 per coin.
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