Overview
- At the Avalanche Summit in New York on Friday, September 18, O'Leary said he is buying new crypto positions and preparing for the next market cycle.
- He warned that the first major stock exchange to move trading or settlement onto a blockchain would become a clear signal for firms to standardize on that network.
- O'Leary projects Bitcoin could take roughly 1% to 3% of institutional alternative-asset allocations and gave a near-term peak estimate of about $150,000 as regulation clarifies.
- He said Bitcoin could reach $1,000,000 only if the industry solves the long-term threat from powerful quantum computers, a risk known as Q-Day that limits larger allocations today.
- O'Leary is also shifting capital into AI power infrastructure and uranium while exchanges and platforms pursue tokenized securities and on-chain settlement pilots that may lower barriers for institutional adoption.