‘A lot of room for growth’: Bill Miller IV believes Bitcoin is still in the early stages of its rise
Bill Miller IV, Chief Investment Officer of Miller Value Partners, told CNBC that cryptocurrency management is rapidly evolving. He added that Bitcoin has crossed the six-figure threshold again and, in his opinion, still has ‘a lot of room for growth’.
Miller calls Bitcoin a check against fiat abuse, hints at a potential of $20 trillion
During a discussion with CNBC, Miller noted that U.S. oversight of digital assets—primarily stablecoins—remains in its early stages. He referenced the Senate's failure to advance stablecoin legislation as evidence of regulatory ambiguity but portrayed the setback as a moment that could guide politicians toward clearer rules.
Miller’s authority stems from his pedigree in value investing and his early, vocal embrace of Bitcoin, which he began buying personally in 2013 and later publicly advocated in 2015 as a logical investment for patient capital.