Pantera Capital CEO Predicts Long-Term Bitcoin Growth at Consensus 2025
AI Summary
According to Odaily, at the Consensus 2025 conference in Toronto, Pantera Capital's founder and CEO, Dan Morehead, expressed optimism about Bitcoin's potential for long-term returns. He emphasized Pantera's continued confidence in the asset class and advised investors to diversify into a broad range of tokens and venture equity to seize evolving market opportunities.
Morehead revealed that Pantera has achieved an 86% profit in its portfolio and has invested in 22 unicorn companies valued over $1 billion. He criticized the United States for its slow pace in cryptocurrency regulation, noting that 90% of crypto transactions and protocols occur outside the U.S., which he deemed problematic. However, he remained hopeful, suggesting that electoral victories could unlock significant opportunities, potentially leading to a return of capital and innovation to the U.S. in the coming years
