Key facts
- Ray Dalio confirmed he still holds Bitcoin.
- Bitcoin represents 1% of Ray Dalio's investment portfolio.
- Ray Dalio expressed a preference for gold over Bitcoin.
- Bitcoin is trading around $60,000 per coin.
Ray Dalio, the founder of Bridgewater Associates, has confirmed that he still holds Bitcoin. The cryptocurrency represents a small portion of his total investment portfolio, accounting for approximately 1%. Dalio, a prominent figure in the investment world, expressed a personal preference for gold over Bitcoin as a store of value and investment asset. While he did not disclose the exact amount of Bitcoin held, the 1% allocation suggests a cautious approach to the volatile digital asset. Bitcoin has recently experienced significant price movements, trading in the vicinity of $60,000 per coin. Dalio's comments provide insight into his current strategy regarding digital assets, highlighting a continued, albeit minor, exposure to Bitcoin while favoring traditional safe-haven assets like gold. His firm, Bridgewater Associates, is one of the world's largest hedge funds, and his investment decisions are closely watched by the financial community.