Kevin O'Leary taps into potential Bitcoin 'bomb': 'Pretty interesting'

Published On Dec 6, 2024, 6:38 AM

Kevin O'Leary comments on potential benefits of utilizing natural gas for Bitcoin mining, sparked by Alberta Premier Danielle Smith's discussion on the province's substantial oil and gas reserves and its plans for carbon capture. O'Leary sees this as an intriguing opportunity for Bitcoin mining, which requires significant energy resources. His optimistic view aligns with the larger narrative of sustained demand for Bitcoin in the market, especially given recent trends that are pushing Bitcoin's price higher.