Kevin O'Leary's New Investment Is Not Bitcoin or Stocks

Kevin O’Leary’s next investment target is neither Bitcoin (BTC) nor stocks. The Shark Tank host wants about 5% of his portfolio in rare sports cards, and his group just paid $11 million for one.

The card carries pieces of Shohei Ohtani’s game-worn jersey, and only one exists. A Florida teenager found it in a Boca Raton shop. O’Leary announced the purchase on CNBC last Tuesday.

Why Kevin O’Leary’s Investment Case Starts With the Money Supply

O’Leary defends the cards the way Bitcoin holders defend Bitcoin. US M2 money supply hit $23.22 trillion in July, and he wants assets no central bank can print more of.

I see sports collectibles as an alternative asset class.My strategy is simple. Own many of the very best cards, diversify across them like an index, and let the portfolio compound over time. I want about 5% of my portfolio exposed to this category.The challenge is that when… pic.twitter.com/jDZt7iHAnD

— Kevin O'Leary aka Mr. Wonderful (@kevinolearytv) September 9, 2026

He buys through Secure Collectibles alongside collector Shyne and entrepreneur Paul Warshaw. The group labels its holdings the WonderShyne Index and has spent roughly $100 million so far.

That reasoning borrows directly from the debasement-trade narrative that has shaped Bitcoin demand all year.

What the Index Does Not Show

O’Leary picks the cards and also writes the entry rules. He says the index holds no losers, which is easy to claim when the curator decides what qualifies.

The gains remain on paper. Card Ladder marks his $12.93 million Michael Jordan and Kobe Bryant card at nearly $17.05 million, yet he has said he will never sell it.

A one-of-a-kind card has exactly one bidder on the day it matters. His crypto book is thinner but far easier to exit.

BeInCrypto reported in September 2025 that he had cut down to three crypto positions, a read that held up when he confirmed in April that Bitcoin and Ether (ETH) cover 90% of that exposure.

Whether outsiders will ever be able to buy into the index remains unanswered. O’Leary has hinted at public access and confirmed nothing.