Kevin O'Leary Invests in Data Centers, Says Most Crypto Tokens Are Dead | Shark Tank Star on Bitcoin & AI Boom

Shark Tank star and investor Kevin O'Leary is making a major pivot towards data centers, citing the explosive growth of artificial intelligence (AI) as a key driver. In a recent interview, O'Leary revealed he is betting "big" on this infrastructure, viewing it as a critical and tangible asset for the AI revolution. While bullish on the underlying technology, O'Leary delivered a stark warning for the broader cryptocurrency market. He stated that the vast majority of crypto tokens that crashed during the bear market "are never coming back." He compared them to "penny stocks" that have lost all viability and investor interest. However, O'Leary distinguished major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) from this fate. He emphasized that these established assets with clear utility and institutional adoption are here to stay. His investment strategy now focuses on the intersection of AI infrastructure and robust, regulated digital assets, moving away from speculative tokens. This shift highlights a growing trend of institutional capital seeking real-world applications and value in the tech and crypto sectors.