Ray Dalio says Bitcoin is 1% of his portfolio and prefers gold

The Bridgewater Associates founder said Bitcoin still makes up about 1% of his holdings, while pointing to gold as a rough 5% to 15% allocation guide and arguing central banks avoid BTC because they want secrecy.

BTC

24d ago

Fact Check

Multiple sources confirm every element of the claim. Bitcoin Magazine reports Dalio confirmed Bitcoin is 1% of his portfolio and he prefers gold, citing quantum computing, government monitoring, and taxation concerns while acknowledging BlackRock's acceptance. Bitget News independently corroborates the 1% allocation, gold preference, quantum/government concerns, and BlackRock's 'digital gold' framing. CoinDesk confirms Dalio's consistent ~1% allocation, gold preference, and quantum threat concerns, showing this is a repeated and stable position.

Summary

Ray Dalio said Bitcoin still accounts for about 1% of his portfolio and reiterated that he would rather hold gold. Speaking on the July 30 episode of The Diary of a CEO podcast, the Bridgewater Associates founder said Bitcoin is a type of money that cannot be printed, but remains exposed to risks including quantum computing, government monitoring and taxation. He also said central banks are unlikely to hold significant amounts of BTC because they prioritize keeping transactions private and under their control. Dalio added that he sees gold as a 5% to 15% allocation guide, reinforcing his long-running preference for the metal over Bitcoin. His latest remarks are consistent with earlier comments in which he said Bitcoin made up 1% of his investments and argued that gold remains the stronger hedge, even as Bitcoin has gained broader acceptance among traditional investors such as BlackRock.

Terms & Concepts

quantum computing: Advanced computing technology that could undermine the cryptographic systems used to secure digital assets.
central banks: National monetary authorities that manage money supply, reserves and financial stability.