Billionaire investor Bill Miller remains bullish on **Bitcoin**, despite its recent surge against global currencies. Miller believes Bitcoin is still **significantly undervalued** due to its transformative potential and inherent advantages over traditional monetary systems. He highlights the flaws in current monetary systems, susceptible to human error and influence, leading to currency debasement. Bitcoin's decentralized nature, automated ledger network, and secure property transfer system set it apart as a superior monetary governance system. Miller draws parallels to revolutionary technologies like **NVIDIA** and **Google**, emphasizing that Bitcoin represents a similar epistemic breakthrough. He anticipates Bitcoin's market capitalization to multiply in the future, as it offers a superior monetary system in a world of rapidly growing global capital.

Billionaire investor Bill Miller thinks Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) remains &#8220;significantly undervalued&#8221; despite its recent <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39272200/bitcoins-direction-ahead-of-huge-fomc-meeting-and-key-cpi-data-up-down-or-sideways">performance against fiat currencies</a>.
What Happened: Miller&#8217;s <a href="https://millervalue.com/why-im-still-betting-on-bitcoin/">insights</a> come from his latest publication, where he revisits his long-standing belief in the transformative potential of Bitcoin.
He first expressed his optimism about Bitcoin in a 2015 piece titled "A Value Investor&#039;s Case for…Bitcoin?!" and continues to see immense untapped potential in the digital asset.
&#8220;Despite Bitcoin recently hitting new highs against every fiat currency, I believe Bitcoin today is still significantly undervalued,&#8221; he remarked. 
Miller suggests that the world is in the early stages of a profound shift in how capital and its governance are perceived globally.
Highlighting the inherent issues within traditional monetary systems, Miller noted, &#8220;The challenge with current monetary systems is that humans control them, and human judgement is subject to error and influence.&#8221; 
He underscores the point that political and regulatory maneuvers often lead to currency ...<a href=https://www.benzinga.com/markets/cryptocurrency/24/06/39288207/billionaire-bill-miller-thinks-bitcoin-is-still-significantly-undervalued alt=Billionaire Bill Miller Thinks Bitcoin Is Still &#039;Significantly Undervalued&#039;>Full story available on Benzinga.com</a>

Loading...Loading...Billionaire investor Bill Miller thinks Bitcoin BTC/USD remains “significantly undervalued” despite its recent performance against fiat currencies.What Happened: Miller’s insights come from his latest publication, where he revisits his long-standing belief in the transformative potential of Bitcoin.He first expressed his optimism about Bitcoin in a 2015 piece titled "A Value Investor's Case for…Bitcoin?!" and continues to see immense untapped potential in the digital asset.“Despite Bitcoin recently hitting new highs against every fiat currency, I believe Bitcoin today is still significantly undervalued,” he remarked. Miller suggests that the world is in the early stages of a profound shift in how capital and its governance are perceived globally.Highlighting the inherent issues within traditional monetary systems, Miller noted, “The challenge with current monetary systems is that humans control them, and human judgement is subject to error and influence.” He underscores the point that political and regulatory maneuvers often lead to currency debasement, diminishing the value of money over time. According to Miller, Bitcoin offers a compelling alternative, free from the pitfalls of human intervention and manipulation.In his analysis, Miller references Lyn Alden‘s book “Broken Money,” which argues that the most efficient monetary technologies ultimately prevail.Also Read: Bitcoin Climbs Above $67.5K As Spot ETFs See $200M Outflows On TuesdayHe draws parallels between Bitcoin and other revolutionary technologies, such as those developed by NVIDIA, Google, and Meta, which have drastically outperformed other stocks. “Humans are notoriously bad at contextualizing the relevance and potential of new technologies,” Miller said, emphasizing that Bitcoin represents a similar epistemic breakthrough.“Bitcoin is a true technological breakthrough,” Miller stated, “as there now exists an effectively unalterable, automated and transparent global ledger network with decentralized governance.” He believes that this decentralized nature of Bitcoin enables a secure and accountable system for transferring property rights, independent of human intervention or the possibility of confiscation.Discussing Bitcoin’s intrinsic value, Miller expressed, “My view is that it's many multiples of its current $1.5 trillion market capitalization in a world of fiat governance systems fast approaching one quadrillion dollars of capital.” He argues that Bitcoin, despite its relatively small share of the global capital market, offers a superior monetary governance system compared to traditional fiat currencies.Miller concludes his analysis with a cautionary note: “Continuing to ignore Bitcoin will serve those who do it over the next decade as well as it has over the past one – not well.” What’s Next: As the world adapts to new financial paradigms, Miller’s endorsement of Bitcoin underscores the ongoing debate about the role of digital assets in the global economy.For more insights into the future of digital assets, industry stakeholders are encouraged to attend Benzinga’s Future of Digital Assets event on Nov. 19, where these topics will be explored in depth by experts and thought leaders.Read Next: Dogecoin, Shiba Inu Continue To Drive High Trading Volume, Report FindsImage created using artificial intelligence with Midjourney.Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Billionaire Bill Miller Thinks Bitcoin Is Still 'Significantly Undervalued'

Billionaire Bill Miller Affirms Bitcoin's Undervalued Status Amidst Market Performance

**Bitcoin holders** are increasingly turning to **crypto-backed loans** to purchase real estate, enabling them to access liquidity without selling their Bitcoin holdings and incurring capital gains taxes. This emerging trend is gaining traction among early adopters, high-net-worth individuals, and entrepreneurs who are “crypto-rich” but face challenges qualifying for traditional financing.

Mauricio Di Bartolomeo, co-founder of the lending platform **Ledn**, explained that **Bitcoin-backed loans** allow borrowers to retain exposure to Bitcoin’s price appreciation while leveraging their holdings for property purchases. “Borrowing against Bitcoin doesn’t trigger capital gains taxes in most jurisdictions because it’s not a taxable event—you’re not selling the asset,” he said.

To secure such loans, borrowers typically post Bitcoin as collateral at a **50% loan-to-value (LTV) ratio**, receiving fiat currency or stablecoins to fund property purchases. The process is efficient, with average funding times as short as **9.6 hours**. Borrowers can use the funds as a down payment or to cover the entire purchase.

The loan structure offers flexibility, with no mandatory monthly payments and the ability to repay at any time without penalties. Additionally, if Bitcoin appreciates during the loan term, borrowers can withdraw excess collateral, capitalising on the asset’s growth.

However, Bitcoin’s volatility remains a key consideration. If the LTV ratio rises to **80% due to price drops**, lenders can liquidate a portion of the collateral to cover the loan, ensuring the borrower retains ownership of the purchased property.

The appeal of Bitcoin-backed loans is widespread, with significant adoption in markets such as **Latin America, the U.S., and Europe**. “Bitcoin as collateral is borderless, deeply liquid, and trades 24/7, making it an ideal form of collateral,” said Di Bartolomeo. Ledn reported issuing over **$300 million in Bitcoin-backed loans in Q1 2025** and anticipates exceeding **$1 billion by year-end**. The company also noted that clients in 2024 earned **eight times more from Bitcoin’s appreciation than they paid in loan interest**.

This lending model is not limited to retail borrowers. **High-net-worth individuals** are increasingly leveraging Bitcoin-backed loans to acquire hard assets, such as real estate, while maintaining exposure to what they view as their best-performing investment.

Similarly, Gibraltar-based **Xapo Bank** launched a Bitcoin-backed lending product in March 2025, allowing clients to borrow up to **$1 million against their Bitcoin holdings**. Xapo Bank CEO Seamus Rocca highlighted that growing market confidence has made Bitcoin-backed borrowing an attractive option for many investors.

As cryptocurrency adoption continues to expand, **Bitcoin-backed loans** are becoming a transformative tool in real estate financing, offering a tax-efficient and flexible alternative for crypto investors.

Bitcoin holders are increasingly turning to crypto-backed loans to purchase real estate, enabling them to access liquidity without selling their Bitcoin holdings and incurring capital gains taxes.

Unlock Real Estate with Bitcoin: How Crypto-Backed Loans Are Changing the Game

## BlackRock's iShares Bitcoin Trust (IBIT) Hits $70 Billion in Record Time

**BlackRock's iShares Bitcoin Trust (IBIT)** has become a monumental success in the ETF industry, amassing over **$70 billion in assets under management** in just **341 days**. This achievement not only sets a new record but also highlights the growing acceptance of **crypto ETFs** among **financial advisors and institutions**.

### Unprecedented Growth and Institutional Adoption

- **$1.1 billion in net inflows** last week alone.
- **1,200 13-F filers** hold IBIT shares, a testament to its widespread acceptance.
- **Financial advisors** now hold about **20% of spot Bitcoin ETF shares**, with expectations this could double in the next year.

![BlackRock's IBIT Growth](https://example.com/ibit-growth.jpg)

### Why Are Advisors and Institutions Jumping In?

**Eric Balchunas**, Bloomberg Senior ETF Analyst, notes that the rapid adoption by **advisors and institutions** is unusual. "These are bigger fish that don't bite quickly," he said. "Usually, it takes years for them to get interested in an ETF."

> "Advisors and institutions, they're just more sophisticated." — Eric Balchunas

### The Role of a Crypto-Friendly Political Climate

The **Trump administration's** loosened regulations and **crypto-friendly policies** have spurred significant price gains in **Bitcoin and major altcoins**. Bitcoin recently traded near **$105,000**, a **12% gain year-to-date**, outperforming traditional equity indexes.

### Financial Advisors Warming Up to Crypto

A **Bitwise and VettaFi survey** revealed that nearly **one in five financial advisors** plans to allocate crypto to investor accounts in 2025, doubling from the previous year. **Ric Edelman**, founder of the Digital Assets Council of Financial Professionals, advises allocations of **10-40% in digital assets**, depending on risk tolerance.

### BlackRock's Brand Power

**Ric Edelman** attributes IBIT's dominance to **BlackRock's brand recognition**. "When institutional investors engage for the first time, it is the path of least resistance for approval by the board and the C-suite," he said.

### The Future of Crypto ETFs

**Sumit Roy**, ETF.com Senior Analyst, predicts continued growth as more **advisors and institutions** seek regulated exposure to digital assets. "Now with regulated ETFs, those professionals are entering the space," he said.

The success of BlackRock's spot Bitcoin fund reflects not only the company's brand recognition but also the embrace by investors, including financial advisors.

BlackRock's Bitcoin ETF IBIT Shatters Records: What's Fueling Its Unstoppable Rise?

**Shaquille O’Neal**, the retired basketball legend, has agreed to a **$1.8 million settlement** in a class-action lawsuit filed by customers of the collapsed cryptocurrency exchange, **FTX**. The lawsuit accused O’Neal and other celebrities of **illegally promoting** the exchange, which led to significant financial losses for investors.

### The Fallout from FTX's Collapse

The settlement, filed in the **U.S. District Court for the Southern District of Florida**, highlights the ongoing legal repercussions following FTX's dramatic collapse in 2022. The exchange's downfall, which resulted in the loss of **$8 billion in customer funds**, has raised serious questions about the **liability of celebrities and influencers** who endorse risky financial products like cryptocurrencies.

### A Broader Legal Battle

This case is part of a larger legal battle involving several high-profile figures, including **Tom Brady, Gisele Bündchen, and Steph Curry**, who have also faced lawsuits for their roles in promoting FTX. While some claims have been dismissed, others are proceeding, with potential class damages exceeding **$10 billion**.

### The Impact on Investors

For many FTX customers, the settlement offers a glimmer of hope. **Sunil Kavuri**, who lost his life savings of **$2 million**, expressed relief, calling the settlement a step toward closure after what he described as the **"darkest period"** of his life.

### The Role of Influencers

The lawsuit also underscores the growing scrutiny of **social media influencers and celebrities** who promote financial products without adequate disclosure of risks. This case could set a precedent for how such endorsements are regulated in the future.

Customers of FTX, the collapsed cryptocurrency exchange, accused Mr. O’Neal and other celebrities of illegally promoting it.

Shaquille O’Neal Settles FTX Lawsuit for $1.8M: A Wake-Up Call for Celebrity Crypto Promotions?

**Bitcoin Solaris (BTC-S)**, a rapidly growing decentralized network, is in the final phase of its presale, offering tokens at just $7—a significant discount from the anticipated $20 public launch price. This presents a potential **233% return** for early contributors. The presale is set to close on **July 31, 2025**, with limited tokens remaining.

### **Built for Speed, Designed for Growth**
At its core, Bitcoin Solaris features a **dual-layer consensus architecture**, combining **Proof-of-Work (PoW) security** with a **Delegated Proof-of-Stake (DPoS) execution layer**. This innovative structure enables:
- **10,000+ transactions per second (TPS)**
- **2-second finality**
- **99.95% lower energy usage** compared to traditional PoW mining
- **Browser and mobile-friendly mining options**—no rigs required

This ensures high throughput, low latency, and a seamless environment for smart contracts and scalable applications.

### **How Bitcoin Solaris Could Generate Passive Income**
BTC-S is designed to provide daily passive income through:
- **Real mining** (no expensive rigs needed)
- **Smart staking**
- **Active governance participation**

Validators and miners earn continuous rewards from a **dual-layer ecosystem**, with real-world use cases already integrated into the chain’s smart contract logic.

### **Inside the Tech: Why Bitcoin Solaris Processes 10,000+ TPS**
The **dual-layer architecture** includes:
- **Base Layer**: Up to 3,000 TPS; 5-minute block time; PoW security
- **Solaris Layer**: Up to 10,000 TPS; 2-second finality; smart contract speed
- **Cross-layer security**: Validators rotated every 24 hours and anchored to the PoW chain
- **Energy Efficiency**: 99.95% lower consumption than traditional Bitcoin mining

### **Audited and Verified—Not Just Hype**
BTC-S smart contracts have been **fully audited** by top firms, ensuring structural soundness and investor confidence.

### **Tokenomics Built for Long-Term Wealth**
Key highlights of BTC-S tokenomics:
- **Total Supply**: Capped and deflationary over time
- **Mining + Staking Rewards**: 65% of supply reserved for ecosystem contributors
- **No VC Overload**: Fair launch with a presale-first model
- **Development Fund**: Ensures long-term growth

### **The Future of Wealth Starts with Smart Timing**
Bitcoin Solaris offers a **second chance** for those who missed Bitcoin’s early explosion. With its **lightning-fast architecture**, audited smart contracts, and mobile-accessible mining, BTC-S blends real-world utility with wealth-building potential.

![Bitcoin Solaris](https://ml.globenewswire.com/Resource/Download/9291df7d-b87b-4e75-a671-fd6c0a503a99/photo-2025-06-14-15-19-49.jpeg)

**Disclaimer**: This is a paid post. Investing in crypto involves significant risks. Conduct your own research and consult a financial advisor before making any investment decisions.

  TALLINN, Estonia, June  14, 2025  (GLOBE NEWSWIRE) -- Bitcoin Solaris (BTC-S), the rapidly growing decentralized network, has entered Phase 7 of its...

Bitcoin Solaris Presale Nears End: Last Chance for $7 Tokens Before Public Launch

**Donald J. Trump's foray into the cryptocurrency world has proven to be more than just a side venture; it's become one of the Trump family's most lucrative investments.** Financial disclosures for 2024 reveal that Trump's stake in World Liberty Financial, a cryptocurrency firm, earned about $57 million, with NFT collectibles adding another $1.2 million to the family's income. Melania Trump also contributed, receiving $217,000 from a digital token licensing deal.

**The crypto industry is now a cornerstone of Trump's wealth**, with his personal net worth soaring through ventures like the $TRUMP memecoin, which could be worth billions on paper. This comes as Trump, now back in the White House, seeks to deregulate and promote the crypto industry, blurring the lines between his presidency and personal business interests.

![Trump's Crypto Ventures](https://static01.nyt.com/images/2025/06/13/multimedia/13dc-trump-disclosure-pmjh/13dc-trump-disclosure-pmjh-articleLarge.jpg?quality=75&auto=webp&disable=upscale)

**Beyond crypto, the Trump family's business empire continues to thrive**, with Mar-a-Lago generating about $50 million in revenue and new real estate deals in Dubai and Oman adding millions more. However, the disclosure doesn't reveal whether these ventures are profitable, only their revenue figures.

**The rise of Trump's crypto fortunes highlights the unprecedented conflicts of interest** as he simultaneously operates within and regulates the industry. With World Liberty Financial selling over half a billion dollars' worth of its coin and the $TRUMP memecoin generating at least $320 million in fees, the crypto industry is undeniably a significant part of Trump's financial portfolio.

Financial disclosures for 2024 filed by the president on Friday show that digital coins had already become one of his family’s most successful ventures.

Billionaire Bill Miller Affirms Bitcoin's Undervalued Status Amidst Market Performance

Summary:

Billionaire Bill Miller believes Bitcoin is still significantly undervalued.

Miller highlights the limitations of traditional monetary systems, controlled by humans and prone to error and influence.

Bitcoin's decentralized nature, automated ledger network, and secure property transfer system offer advantages over fiat currencies.

Miller compares Bitcoin to revolutionary technologies like NVIDIA and Google, emphasizing its potential for exponential growth.

He anticipates Bitcoin's market capitalization to multiply in the future, as it gains wider acceptance in a rapidly growing global capital market.

Comments

Join Our Community

BitcoinToday.app

Other Latest News

Unlock Real Estate with Bitcoin: How Crypto-Backed Loans Are Changing the Game

BlackRock's Bitcoin ETF IBIT Shatters Records: What's Fueling Its Unstoppable Rise?

Shaquille O’Neal Settles FTX Lawsuit for $1.8M: A Wake-Up Call for Celebrity Crypto Promotions?

Bitcoin Solaris Presale Nears End: Last Chance for $7 Tokens Before Public Launch

Trump's Crypto Empire: How Digital Coins Became a Trump Family Goldmine

Other Latest News

Unlock Real Estate with Bitcoin: How Crypto-Backed Loans Are Changing the Game

BlackRock's Bitcoin ETF IBIT Shatters Records: What's Fueling Its Unstoppable Rise?

Shaquille O’Neal Settles FTX Lawsuit for $1.8M: A Wake-Up Call for Celebrity Crypto Promotions?

Bitcoin Solaris Presale Nears End: Last Chance for $7 Tokens Before Public Launch

Trump's Crypto Empire: How Digital Coins Became a Trump Family Goldmine