Billionaire Ray Dalio Quietly Reveals His ‘Small’ Bitcoin Position — and Renews Warnings on Its Future

Billionaire investor and Bridgewater Associates founder Ray Dalio has once again addressed his personal Bitcoin holdings—this time revealing just how modest his exposure really is, while doubling down on long-standing concerns about the cryptocurrency’s long-term viability.

Dalio, widely regarded as one of the most influential macro thinkers of the last half-century, said he holds only a “small percentage” of Bitcoin in his personal portfolio. The position, he noted, has been in place for years and remains intentionally limited.

Appearing on CNBC’s Squawk Box on Nov. 20, Dalio clarified:

“I have a small percentage of Bitcoin… I’ve had it forever, like 1% of my portfolios.”

While the admission confirms that Dalio maintains at least some faith in Bitcoin as an alternative asset, he emphasized that it still faces significant structural barriers before it can challenge traditional safe-haven stores of value or function as a credible global reserve currency.

Dalio has repeatedly cited issues such as regulatory vulnerability, government control over capital flows, security risks, and the need for broader global adoption as hurdles the cryptocurrency has yet to overcome. Despite Bitcoin’s technological strengths, he argues its macroeconomic robustness is not yet proven.

His fresh remarks come at a time when Bitcoin is navigating heightened volatility. Earlier this week, the cryptocurrency briefly dropped below $90,000, a move triggered by the U.S. government's failure to release October employment data. The unexpected omission rattled financial markets, amplifying uncertainty across risk assets and dragging down tech equities and digital currencies alike.

For now, Dalio’s position sits somewhere between cautious optimism and pragmatic distance: he respects Bitcoin enough to own a piece of it—but not enough to bet big or declare it the future of global money.