Shark Tank’s Kevin O’Leary says institutions will limit Bitcoin exposure to 3% until quantum threat is resolved

Kevin O’Leary, from Shark Tank, believes institutional investors will limit their Bitcoin exposure to 3% until the potential threat posed by quantum computing is resolved. He emphasizes that institutions are adopting a cautious and disciplined approach, awaiting clarity on this issue. Experts agree that while still in its early stages, quantum computing presents a structural vulnerability to Bitcoin’s encryption. This concern has already led some, like Jefferies strategist Christopher Wood, to remove Bitcoin from their portfolios. However, the Bitcoin community is proactively working on solutions, with Coinbase forming a quantum threat advisory board and Vitalik Buterin advocating for blockchain upgrades. O’Leary also noted that the October crypto crash highlighted the dominance of Bitcoin and Ethereum, as institutions favored these assets over smaller, riskier coins, leading him to consolidate his portfolio to focus on Bitcoin, Ethereum, and related energy infrastructure.

(Source：Crypto Briefing)