Finance

Investors Should Hold Bitcoin ‘But Not Too Much,’ Peterffy Says

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Thomas Peterffy, the billionaire founder of retail brokerage Interactive Brokers Group Inc., said investors should own some Bitcoin though limit their holdings given the asset’s volatility.

“I would recommend that people put maybe 2% to 3% of their net worth into Bitcoin,” he said Wednesday in a Bloomberg Television interview. “We for example will not allow anyone to invest more than 10% of their assets into Bitcoin because I think that would be very dangerous.”