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Investors are hesitant to acquire Bitcoin due to quantum threats, according to Kevin O’Leary., 2026/02/17 14:09:50
Canadian entrepreneur and Shark Tank host Kevin O’Leary stated that major companies are hesitant to increase their Bitcoin purchases due to concerns regarding potential future quantum attacks on the Bitcoin blockchain.
O’Leary referred to quantum computing as a newly hotly debated issue that is troubling investors. The theoretical risk that a powerful quantum computer could one day breach the cryptography of the first cryptocurrency’s blockchain keeps significant market players on edge and hampers investment growth.
Until Bitcoin developers present a clear and trustworthy solution to safeguard the blockchain against quantum threats, large corporations are unlikely to allocate even 3% of their investment portfolios to Bitcoin. They will remain cautious, disciplined, and will wait for clear assurances of protection, the television host noted, adding that he himself still holds Bitcoin in a long position.
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Bitcoin has declined by approximately 50% from its October peak of $126,000. Following this drop, the rest of the crypto market also suffered. Between 80% and 90% of altcoins have been wiped out, and there is “something bigger” behind all this, O’Leary stated.
“Institutional investors have finally calculated and realized: if they want to profit from cryptocurrencies, they only need Bitcoin and Ethereum. Everything else is just worthless coins, which is why they have been discarded,” the businessman wrote on social media platform X.
Recently, Willy Woo, co-founder of the Bitcoin Vector project and CMCC Crest investment fund, expressed concern that if Bitcoin network developers implement a hard fork to protect the blockchain from quantum computers, it could lead to a significant divide within the community.
