The Two-Coin Portfolio
O’Leary said he dumped all his altcoin holdings after the October 2025 crash and now holds only Bitcoin and Ethereum.
“So what’s happened to the poo-poos is they collapsed last October, and all of them, thousands of them, never came back,” O’Leary said. “So I dumped all my coins, and I own those two.”
The $150,000-$200,000 Bitcoin Call
O’Leary linked Bitcoin’s potential rise to progress on U.S. crypto legislation, particularly the proposed Digital Asset Market CLARITY Act.
“It is worth more to tenants than Bitcoin until Bitcoin becomes a regulated security through the Clarity Act and gets up to $150,000—or maybe $200,000,” he said in an interview on Fox.
He suggested that once Bitcoin operates within a defined regulatory framework, it could attract broader institutional participation.
O’Leary also highlighted Bitcoin’s role in monetizing unused energy, saying it captures value “where there’s no use for electricity any other way.”
The 19% Crypto Allocation
He has invested in Bitzero’s 26,000-acre land network, which he compares to real estate development for high-performance computing and Bitcoin mining infrastructure.
From FTX Spokesperson To Bitcoin Maximalist
O’Leary lost his entire FTX investment when the exchange collapsed in November 2022.
He had received approximately $15 million as FTX’s paid spokesperson, with $10 million held in FTX wallets that went to zero.
“I lost millions as an investor in FTX and got ‘sandblasted’ as a paid spokesperson for the firm,” O’Leary said in December 2022.
The October 2025 crypto market crash proved to be a turning point in his portfolio strategy.
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