Bridgewater founder Ray Dalio reveals a 1% Bitcoin allocation but recommends gold for most hard money exposure.
Bridgewater Associates founder Ray Dalio disclosed holding roughly 1% of his portfolio in Bitcoin, citing its role as “money that can’t be printed.” He advised investors to allocate 5–15% of portfolios to hard assets but expressed a preference for gold over Bitcoin within that category.
Dalio highlighted risks to Bitcoin, including quantum computing threats, government surveillance, and taxation. He argued central banks would avoid holding Bitcoin due to privacy and control concerns, noting Russia’s frozen reserves while its gold remained untouched.
The remarks underscore a cautious stance on Bitcoin despite its inclusion in Dalio’s portfolio, contrasting with his long-standing bullish view on gold as a reserve asset.