Kevin O’Leary Invests 20% in Crypto and Data Centers
Kevin O’Leary Puts Nearly 20% of His Portfolio Into Crypto and Infrastructure Projects
Well-known entrepreneur and Shark Tank investor Kevin O’Leary has revealed that he’s getting serious about crypto — not just in buying digital coins, but by investing heavily in the infrastructure needed to support it. O’Leary now has around 19% of his total investment portfolio tied to crypto-related assets. He’s focusing on building out the backbone of the industry, especially in areas like bitcoin mining and AI-powered data centers.
Owning 26,000 acres of land across various locations, O’Leary is preparing these sites to become power-ready zones where companies can set up bitcoin mining operations or data centers. Half of this land — about 13,000 acres — is in Alberta, Canada. The rest is located in undisclosed places still waiting for permits. Once he gets the go-ahead, O’Leary plans to lease the land to companies that need affordable, utility-ready spaces to operate.
He explained that his goal isn’t to build data centers himself. Instead, he wants to make sure the land is fully permitted and ready for construction — what he calls “shovel-ready.” According to O’Leary, many of the data centers announced in recent years will never be built because developers underestimated how complex and expensive the process can be. For him, this is more than just a business move — it’s a strategic “land grab” for future tech infrastructure.
These sites are being set up with full utilities, making them ideal for bitcoin mining right away and potentially valuable for other uses, like government-run data centers, in the future. O’Leary pointed out that in some areas, the deals he’s made for low-cost electricity — under six cents per kilowatt-hour — are even more valuable than owning bitcoin itself. In his view, having access to cheap power is critical for long-term success in both crypto mining and AI operations.
When it comes to his crypto holdings, O’Leary said he’s been careful due to the market’s wild price swings. Still, he holds a significant portion of his portfolio in crypto-linked assets. He believes that serious investors only need to focus on bitcoin and ethereum. In fact, he says these two coins account for over 97% of the entire market’s movement. All the smaller cryptocurrencies — which he jokingly calls “poopoo coins” — are still down by as much as 90% and are unlikely to recover.
His viewpoint lines up with a recent report from Charles Schwab, which found that around 80% of the total $3.2 trillion cryptocurrency market is concentrated in bitcoin and ethereum. Even though thousands of new crypto projects launch every year, most of the real value is still in these two major players.
O’Leary also emphasized that regulation will shape the future of crypto. A key piece of legislation currently being reviewed in the U.S. Senate could have a big impact. One part of the bill would ban yield on stablecoin accounts — something O’Leary sees as unfairly benefiting traditional banks over crypto platforms. However, he’s hopeful that this will be revised before becoming law. Overall, he thinks clear regulations will help bring more institutional investors into the crypto space.
Keywords: Kevin O’Leary crypto investments, bitcoin mining infrastructure, AI data centers, land for data centers, utility-ready sites, low-cost electricity for bitcoin mining, bitcoin and ethereum portfolio strategy, crypto market regulation, stablecoin yield ban, institutional investment in crypto.
Binance Delists 19 Low-Volume Spot Trading Pairs
**Binance Removes 19 Spot Trading Pairs in Market Cleanup**
Binance, one of the largest cryptocurrency exchanges in the world, is making changes to its spot trading market. Starting January 23 at 3:00 a.m. UTC, Binance will remove 19 trading pairs. These include popular combinations like BTC (Bitcoin) and ETH (Ethereum) with other crypto tokens. The affected tokens include Lido (LDO), Filecoin (FIL), dYdX (DYDX), Yearn Finance (YFI), and meme coins like Book of Meme (BOME) and Peanut (PNUT).
**What’s Changing?**
The tokens themselves are not being removed from Binance. You can still buy, sell, and trade them. What’s changing is that you won’t be able to trade these specific pairs directly—for example, no more LDO/BTC or DYDX/FDUSD. These pairs are being removed because they either don’t have enough trading activity or they overlap with other more popular pairs.
**List of Removed Trading Pairs Includes:**
– AI/BTC
– FIL/ETH
– DYDX/FDUSD
– LRC/ETH
– XVG/ETH
– YFI/BTC
… and more
**Why Binance Is Doing This**
Binance says the goal is to improve “market quality.” That means they want to clean up low-volume trading pairs that don’t get much use. This helps the exchange run more smoothly and ensures better prices for most traders. Removing rarely used pairs also helps reduce confusion and makes it easier for users to find high-liquidity options.
**Impact on Traders**
If you use BTC or ETH trading pairs for strategies like arbitrage, liquidity routing, or hedging, this change might affect you. With fewer direct trading paths between tokens, some trading strategies may need to be adjusted. However, most of the affected tokens will still be available through major pairs like USDT, BNB, and FDUSD. That means overall price discovery and trading volume should stay strong.
**What Happens to Trading Bots?**
If you’re using trading bots linked to any of the removed pairs, Binance will automatically shut them down once the delisting takes effect. It’s a good idea to manually cancel or reconfigure your bots before January 23 to avoid unexpected issues.
**Focus on DeFi, Meme, and Infrastructure Tokens**
The tokens involved come from various parts of the crypto world. These include:
– DeFi tokens: Lido (LDO), dYdX (DYDX), Yearn Finance (YFI)
– Meme coins: Book of Meme (BOME), Peanut (PNUT)
– Infrastructure projects: Filecoin (FIL), Zilliqa (ZIL), Verge (XVG)
– Others: Ethena (ENA), Numeraire (NMR)
Even though some of their trading pairs are being removed, these tokens remain fully supported on Binance for deposits, withdrawals, and trading through other active pairs.
**Simplifying the Trading Experience**
This move is part of Binance’s effort to simplify its platform by focusing on pairs that have strong demand and high liquidity. By trimming down low-volume options, Binance wants to improve the overall user experience and make trades easier and faster to execute.
**What Should Traders Do?**
If you hold or trade any of the affected assets through the soon-to-be-delisted pairs, check your strategies and adjust accordingly. You may need to switch to trading those tokens against USDT, BNB, or FDUSD instead.
In short, Binance is cleaning up its trading pairs to focus on what works best for most users. While some advanced traders may feel limited by fewer BTC and ETH pairings, the broader trading experience should become more efficient and easier to navigate.
Markets Rebound as Futures Rise, Natural Gas Soars 25%
**Markets Rebound After Steep Drop, Futures Point Higher**
Stock futures are climbing Thursday morning after a strong bounce-back session on Wednesday. This comes just one day after Wall Street experienced its worst single-day drop since October. Early in the day, stocks were down, but sentiment shifted dramatically after President Trump addressed the World Economic Forum in Davos. When he clarified that the U.S. has no plans to use military force in relation to Greenland, investor nerves calmed and markets rallied into the close.
Here’s how the major indexes ended the day:
– **Dow Jones Industrial Average** surged 1.21% to 49,077
– **S&P 500** rose 1.1% to 6,875
– **Nasdaq Composite** gained 1.18%, closing at 23,224
– **Russell 2000**, which tracks small-cap stocks and is leading all major indexes in 2026 with a year-to-date gain of 6.1%, jumped 2% to finish at 2,698
—
**Treasury Yields Show Mixed Movement**
The bond market saw mixed action following two days of intense selling that pushed yields to multi-month highs. Short-term Treasury bills continued facing pressure from sellers, while demand returned for longer-term notes and bonds. The easing of geopolitical concerns helped stabilize the market.
– **10-year Treasury yield** settled at 4.25%
– **30-year Treasury bond** closed at 4.87%
—
**Energy Prices Up—Natural Gas Soars**
Energy markets moved higher overall, but natural gas stole the spotlight with a huge price spike.
– **Natural gas** skyrocketed by nearly 25% to $4.88, marking a two-day jump of almost 50%. This sharp rise was fueled by:
– Traders covering short positions
– A powerful winter storm moving in from Canada
– Rising demand from data centers supporting AI and cloud computing
Meanwhile, oil prices also edged up:
– **Brent Crude** rose 0.59% to $65.30
– **West Texas Intermediate (WTI)** increased 0.43% to $60.62
—
**Gold Keeps Climbing, Silver Stalls**
Gold prices continued their upward trend, driven by ongoing global uncertainties, strong central bank buying, and retail investor interest.
– **Gold** closed at $4,831, up 1.45%
– **Silver**, however, remained flat at $92.61 as it struggles near the key $100 level
—
**Cryptocurrencies Drop Amid Global Tensions**
Crypto markets pulled back sharply as growing tensions between the U.S. and Europe triggered risk-off sentiment among investors. The drop highlights how sensitive digital assets remain to global economic shifts.
– **Total crypto market cap** fell by about 2.4% to $3.1 trillion
– Most top tokens saw losses—92 out of the top 100 coins were in the red
– **Bitcoin** was trading at $89,945 as of 8 a.m. EST
– **Ethereum** was at $2,985
—
**Top Stock Analyst Ratings for January 22, 2026**
Wall Street analysts issued several key stock upgrades and downgrades that could impact investor decisions.
**Upgrades:**
– **Alphabet (GOOGL)** upgraded to Strong Buy at Raymond James; price target raised to $400 from $315
– **Callaway Golf (CALY)** moved to Buy at B. Riley; price target increased to $19 from $11
– **Datadog (DDOG)** upgraded to Buy by Stifel despite lower target of $160 (down from $205)
– **Sphere Entertainment (SPHR)** upgraded to Buy by BTIG with a $110 target
– **Texas Instruments (TXN)** raised to Neutral from Underperform at BNP Paribas; new target is $190
**Downgrades:**
– **Amicus Therapeutics (FOLD)** downgraded to Hold at Jefferies; target trimmed to $14.50 from $16
– **Chemed (CHE)** downgraded to Hold at Jefferies; price target cut to $475 from $550
– **Hyatt Hotels (H)** lowered to In Line at Evercore ISI; target raised slightly to $175 from $170
– **LCI Industries (LCII)** downgraded to Hold by Loop Capital; price target set at $149
– **Legend Biotech (LEGN)** downgraded sharply to Hold from Buy by TD Cowen; target slashed from $62 to $21
Keep an eye on how these moves influence stock prices throughout the trading day.
Galaxy Digital Launches $100M Crypto Hedge Fund
Galaxy Digital, the crypto investment firm led by Mike Novogratz, has raised $100 million for a brand-new hedge fund that’s set to launch in early 2026. The fund is backed by family offices, wealthy individuals, and institutional investors who are betting on the future of digital finance.
This new hedge fund marks a return to Novogratz’s original vision for Galaxy Digital, which started out as a hedge fund nearly a decade ago. Over the years, the company evolved into a major player in digital asset management and investment banking. Today, Galaxy Digital manages around $17 billion in digital assets and continues to grow despite market ups and downs.
The fund will use a split investment strategy. About 30% of the money will go directly into cryptocurrencies like Bitcoin, Ethereum, and Solana. The other 70% will be invested in financial companies that are being changed or disrupted by blockchain technology, artificial intelligence, and new regulations. This includes both winners and losers in the digital finance world.
One key feature of this hedge fund is that it will use both long and short positions. That means it can make money whether prices go up or down. This flexible strategy is designed to take advantage of the often-volatile crypto markets.
The fund is being run by Joe Armao, who says it’s all about finding opportunities in companies that are either thriving or struggling because of tech changes in finance. He also believes Bitcoin and other major cryptocurrencies still have strong potential, especially if the U.S. Federal Reserve continues cutting interest rates.
The launch comes at a time when the crypto market is experiencing big swings. Bitcoin is currently trading near $90,000 but has dropped about 28% from its high in October. Even with this volatility, Galaxy Digital reported an impressive $505 million profit in the third quarter of 2025.
Galaxy Digital’s stock is currently trading at $31.72, slightly down by 1.19%. Although the fund has already secured $100 million in commitments, there’s a possibility they might accept more investors going forward.
Unlike typical crypto funds that just hold digital coins and wait for them to go up, this new hedge fund is built to handle both good times and bad. By including traditional financial stocks and taking short positions when needed, it aims to deliver returns no matter what the market is doing.
Key terms: Galaxy Digital, crypto hedge fund, Mike Novogratz, Bitcoin, Ethereum, Solana, blockchain investments, financial services disruption, digital asset management, long and short strategy, market volatility, institutional crypto investing.
Kevin O’Leary Bets on Crypto, AI Land Infrastructure
Kevin O’Leary, known from Shark Tank and a long-time supporter of cryptocurrency, is changing how he invests in the space. Instead of buying more crypto tokens, he’s turning his attention to something much bigger—crypto and AI infrastructure.
O’Leary has now acquired 26,000 acres of land in North America. This includes 13,000 acres in Alberta, Canada, and another 13,000 acres in other undisclosed regions that are currently going through permit approvals. His goal is to use this land to support energy-heavy operations like Bitcoin mining and large data centers. Over time, he also sees this land powering massive AI systems and cloud computing infrastructure.
Rather than build the data centers himself, O’Leary plans to lease out the land and power to companies that need it. Think of it like real estate development—but instead of homes or offices, he’s preparing sites for tech companies to plug in and run their systems. He’s focusing on making the land “shovel-ready” by ensuring it has everything businesses need: electricity, water, internet fiber lines, and even air rights for drones or future tech.
For O’Leary, access to affordable power is a huge opportunity. In some cases, he says, power contracts offering electricity below six cents per kilowatt-hour are more valuable than Bitcoin itself. That’s because without cheap energy and ready-to-go infrastructure, many of the data centers companies have announced in recent years simply won’t get built.
When it comes to actual cryptocurrencies, O’Leary is sticking with only two: Bitcoin and Ethereum. He believes these are the only two digital assets that matter for serious investors. In his view, the rest of the market—what he calls “poopoo coins”—are down 60% to 90% from their highs and are unlikely to recover.
He also points out that crypto-focused ETFs (exchange-traded funds) don’t play a big role in the broader financial world. According to O’Leary, if you want exposure to nearly all of the movement in the crypto market, owning just Bitcoin and Ethereum covers over 97% of the market’s total volatility.
Data from investment firm Charles Schwab backs this up, showing that about 80% of crypto’s $3.2 trillion value is tied up in just those two coins.
In summary, Kevin O’Leary’s crypto strategy is all about long-term infrastructure. He’s betting big on land and power for Bitcoin mining, AI development, and data centers. And when it comes to actual cryptocurrencies, he’s only putting his trust—and money—into Bitcoin and Ethereum.