Bill Miller is a legendary investor, that has practically never made a mistake with his money.
Quite a good reason to believe that if he believes in bitcoin, then, it shall mean something. Moreover, even more impressing sounds the sum that he has invested in bitcoin – more than half of billion USD, half the price of his fund. That sounds unreasonable though, as a wise investor will never make the investment so concentrated, but he himself explains that this is just a temporary measure, as bitcoin is growing and is going to grow.
Bill Miller has spent more than 35 years in Legg Mason Capital Management, where he was a chairman and a chief investor. He has been known for the usually concentrated investments, but half of the fund value is high even for him. Well though, as it means that the legendary investor isn’t afraid to lose his money, he really believes in bitcoin.