Kevin O'Leary, chairman of O'Leary Ventures, said at the Avalanche Summit in New York on September 18 that he is actively buying new digital-asset positions and expects Bitcoin to secure a meaningful share of institutional portfolios. While a $750,000 Bitcoin valuation is circulating as an upper bound if institutions treat the asset like gold, O'Leary projects a near-term peak of $150,000 as regulatory clarity develops. His broader thesis is that Bitcoin could represent 1% to 3% of alternative-asset allocations, implying market-cap growth far beyond today's level. O'Leary identified a major stock exchange adopting blockchain-based settlement or trading infrastructure as a key inflection point, while noting growing CEO interest in multiple blockchain platforms. He said Bitcoin and Ethereum together account for roughly 97% of the digital-asset market's total value. Regulatory clarity, he argued, is the most important catalyst for unlocking institutional capital, with the Senate's obstruction of the CLARITY Act a setback but related tax legislation offering more encouraging progress. His allocation thesis depends on that regulatory bottleneck being cleared. O'Leary is directing money not only toward tokens but also toward energy infrastructure and mining support services.