Ray Dalio disclosed that he still holds Bitcoin, but it only accounts for 1% of his portfolio

According to Bitcoin Magazine, Bridgewater Associates founder Ray Dalio stated that Bitcoin only accounts for 1% of his portfolio, and he still prefers gold. In a podcast on Thursday, Dalio described Bitcoin as a currency that cannot be printed infinitely, but it faces technological threats such as quantum computing and may be subject to government monitoring and taxation.

Dalio had previously stated that he would not invest in Bitcoin, and although he now admits to holding some, he still insists that gold is the better choice, stating in the program, "I prefer gold." Last year, Dalio also acknowledged that Bitcoin only makes up 1% of his investment portfolio.