Paul Tudor Jones has named Bitcoin the best hedge against inflation, highlighting its limited supply compared to gold.
Paul Tudor Jones, the founder of Tudor Investment, has identified Bitcoin as the leading asset for safeguarding against inflation during a recent appearance on the podcast Invest Like the Best.
Jones emphasized that Bitcoin outperforms gold due to its finite supply, which is capped at 21 million coins, contrasting with gold's annual supply increase of a few percent.
He compared current market dynamics to the dot-com bubble of 2000, suggesting that similar imbalances exist today. Alongside Bitcoin, he is also investing in the dollar-yen currency pair.
Recent market trends indicate a significant rise in interest for Bitcoin. In the first quarter of 2026, the holdings of "conviction buyers" surged by 69%, climbing from 2.13 million to 3.6 million BTC, the highest level recorded since 2020.
Jones, who initially began investing in Bitcoin in 2020 with a 2% portfolio allocation, later increased his stake to 5%. He noted his strategy involves seeking undervalued assets during regulatory changes.
Despite his optimism, Jones acknowledged potential risks for Bitcoin, including threats from cyber warfare and the advancements in quantum computing that could compromise blockchain security.
At 71, Jones is recognized for his historical market predictions, including the 1987 stock market crash and the 1990 collapse of the Japanese bubble. His flagship fund has consistently shown a negative correlation to the S&P 500 for the past 40 years.
