'Huge Bull': Investor Bill Miller Unfazed by Bitcoin's Recent Underperformance
Analysis
Price Impact
HighProminent investor bill miller iv remains extremely bullish on bitcoin, continuing daily purchases and citing a 'higher base' and 'massive tailwinds' for 2026, including the transition to blockchain infrastructure. this strong conviction from a respected financial figure provides significant positive sentiment.
Trustworthiness
HighThe miller family has a proven track record with bitcoin, being early and successful institutional adopters. bill miller iii's early investment (from $200-$700) and bill miller iv's continued conviction and daily purchases lend high credibility to their bullish stance.
Price Direction
BullishMiller iv's unwavering conviction, daily btc purchases, and identification of a 'higher base' and 'massive tailwinds' for 2026 strongly suggest a bullish long-term outlook for bitcoin, despite recent underperformance.
Time Effect
LongThe focus on 'massive tailwinds' for 2026 and miller's strategy of continuous daily buying indicate a long-term investment horizon, suggesting the positive impact will unfold over an extended period.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News The Miller family's "digital gold" origins A "higher base" Advertisement Bitcoin currently trades near $93,750, a level that sits roughly 25% below its $126,080 peak reached in October 2025. Bitcoin has so far struggled to reclaim the make-it-or-break-it $100,000 level, but Bill Miller IV, chief investment officer of Miller Value Partners and son of legendary fund manager Bill Miller III, says that he remains "a huge bull." The Miller family's "digital gold" origins The Miller family’s journey into Bitcoin is one of the most successful "early adopter" stories in institutional history. HOT Stories Morning Crypto Report: Dogecoin to the Moon? $1.10 DOGE Price Scenario Revealed, Solana Phone Coin Explodes 400%, $1.37 Billion in XRP Risk Flooding Market Turkish Banking Giant Extends Ripple Partnership U.Today Crypto Review: XRP Prints Double Bottom, Shiba Inu (SHIB) Uptrend Available, Bitcoin (BTC) 'Now or Never' Price Moment U.Today Crypto Digest: Ripple Snatches Major Partnership in $5 Trillion Pool, XRP Defies Death Sentence, Shiba Inu Avoids BTC Selling Pressure Bill Miller III, a titan of value investing famous for beating the S&P 500 for 15 consecutive years, first encountered Bitcoin in 2012. Advertisement Being inspired by a pro-BTC lecture, he allocated roughly 1% of his personal net worth at an average cost of just $200 to $700 per coin. By early 2022, Miller III revealed that Bitcoin and other digital assets had grown to represent roughly 50% of his personal net worth. He described it as "insurance against a financial catastrophe" and the only economic entity where supply is completely unaffected by price. Bill Miller IV followed in his father’s footsteps and became one of the most vocal proponents of the "Bitcoin as the denominator of capital" thesis. In a March 2025 interview, Miller revealed that he continues to buy Bitcoin every single day. "It's the last thing I'd ever sell," he said. Advertisement Despite Bitcoin's underperformance, it seems like Miller's conviction has not budged. A "higher base" Miller IV’s current optimism is grounded in a "zoom out" philosophy. Despite Bitcoin trading near $93,750 (down approximately 25% from the $126,080 all-time high set in October 2025), he views the current price action as a healthy consolidation. In a recent CNBC appearance, Miller IV argued that Bitcoin has established a "higher base" than it did in the spring of 2025. He pointed to three "massive tailwinds" for 2026. Miller noted that the transition of capital markets to blockchain infrastructure is a "whole new ballgame" for the utility of the flagship coin. Miller also reminded investors that Bitcoin has never closed two consecutive years in the red. However, this historical trend could be broken this year. #Bitcoin News #Bill Miller