Billionaire Orlando Bravo Owns Bitcoin And Is Very Bullish

  • Orlando Bravo, the cofounder of private equity firm Thoma Bravo, told CNBC today that he is an investor in bitcoin and a believer in its potential to surge in value over the coming years.
  • “Institutions are just beginning to go there, and once that happens, I think it will increase significantly over the years,” Bravo said about bitcoin.
  • Thoma Bravo recently participated in a Series B funding round for bitcoin exchange FTX, currently valued at $18 billion. Thoma Bravo has over $83 billion in assets under management.

Bravo, who is also a managing partner of the private equity firm, shared why he is bullish on bitcoin at CNBC’s Delivering Alpha conference on September 29. He said he personally invested in BTC and is very bullish on Bitcoin’s future.

“For me, it’s pretty simple. More people are going to use in the future than today, and it’s going to be more established,” Bravo said. “Institutions are just beginning to go there, and once that happens, I think it will increase significantly over the years. I’m very bullish.”



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