Is Bitcoin a Missed Opportunity? This Billionaire Begins to Wonder

Philippe Laffont, the billionaire behind Coatue Management, is beginning to question his stance on Bitcoin.

During a CNBC appearance, the veteran tech investor—who oversees more than $50 billion in assets—admitted he’s been second-guessing his decision to stay out of crypto.

“I wake up wondering why I still don’t own Bitcoin,” he said, signaling a clear shift in tone from previous skepticism.

Laffont compared Bitcoin’s current $2 trillion market cap to a company’s valuation and noted that it accounts for just 0.5% of global wealth. That figure, he speculated, could feasibly grow to 1% or even 2%—while calling ultra-bullish $100 trillion projections far-fetched, he didn’t rule out the asset doubling or tripling in value.

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He also pointed out how Bitcoin’s infamous volatility has subsided. Once far more unstable than the Nasdaq, Bitcoin’s recent price movements have mirrored those of the tech index, hinting at a more mature market dynamic.

Although he still hasn’t invested, Laffont didn’t close the door on doing so. “Sometimes being a good investor means admitting you were wrong,” he said—perhaps foreshadowing a future pivot into Bitcoin.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.