Kevin O’Leary says he will only buy bitcoin mined with clean energy, and none mined in China
- Celebrity investor Kevin O’Leary says he will only buy bitcoin mined sustainably in countries that use clean energy — and not “blood coin” mined in China.
- “I see over the next year or two, two kinds of the coin,” he told CNBC. “Blood coin from China, (and) clean coin mined sustainably in countries that use hydroelectricity, not coal.”
- The chairman of O’Shares ETFs once called bitcoin “garbage,” but recently changed his mind and said he would allocate 3% of his personal portfolio to the cryptocurrency, according to a CoinDesk report.
O’Leary said personally, he’s working to ensure every coin he owns is compliant.
“I’m not buying coin unless I know where it was mined, when it was mined, the provenance of it,” he said. “Not in China. No blood coin for me.”