"Bitcoin is the Global Capital Standard, Will Not Sell Until the End" – Bill Miller IV

# Miller Value Partners CIO Praises Bitcoin as "The Global Standard of Capital" and a "Never-Sell Asset" Bill Miller IV, Chief Investment Officer (CIO) at Miller Value Partners, has lauded Bitcoin(BTC) as the "global standard of capital" and described it as an asset he would hold until the very end. Speaking on Bitcoin Magazine’s podcast, “The Culture Bit,” Miller IV emphasized that Bitcoin is far more than just "digital gold." He highlighted Bitcoin's unique ability to address structural flaws in the traditional financial system, including issues stemming from government-engineered market outcomes, currency system instability, and institutional inertia. Miller expressed strong support for Bitcoin as a solution to these systemic challenges, describing it as a revolutionary tool for the current financial landscape. # A Long-Term Investment Commitment Miller revealed his unwavering confidence in Bitcoin by stating, “I buy Bitcoin every day. It’s the one asset I will never sell.” He assessed Bitcoin as a fundamentally well-designed asset rooted in game theory, governance principles, and core design tenets. According to Miller, Bitcoin is not a mere passing trend but a cornerstone of systemic solutions. This declaration carries particular weight given Miller's extensive experience and longstanding interest in cryptocurrency. Over the past decade, Miller IV has actively invested in crypto markets. Notably, his father, Bill Miller III, disclosed in 2022 that he had allocated half of his portfolio to Bitcoin, signaling the family’s deep trust in the asset and its potential. # Supporting MicroStrategy's Bitcoin Roadmap Miller also expressed admiration for MicroStrategy’s Bitcoin strategy, led by its Executive Chairman Michael Saylor. He noted the symbolic importance of Saylor’s approach, predicting that more companies will eventually adopt similar strategies. “Saylor’s approach is emblematic,” Miller said, adding that the strategy MicroStrategy exemplifies has the potential to set a trend for corporate treasuries. According to Miller, now is the moment for investors to abandon a "neutral stance" on Bitcoin and reconsider its central role in an evolving global financial system. # Bitcoin in 2025: A Benchmark for Asset Allocation Looking ahead, Miller stressed that how Bitcoin is approached by 2025 will serve as a critical litmus test for future asset allocation strategies. He proposed a market-driven approach, calling Bitcoin “the ultimate benchmark for capital allocation.” Understanding Bitcoin, he argued, is essential for crafting forward-looking investment strategies. Miller’s perspective underscores the growing prominence of Bitcoin in the financial world and its potential to reshape the global capital landscape. His assertive stance invites both individual and institutional investors to revisit their positions on Bitcoin and recognize its foundational role in modern investment portfolios.