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Tiny Capital's Wilkinson Shows Interest in Bitcoin

Wilkinson's tweeted inquiry started a lively debate on the merits of the most valuable cryptocurrency.

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Andrew Wilkinson, the multimillionaire co-founder of tech-focused holding group Tiny Capital, ignited a small firestorm on Twitter Saturday merely by inquiring about bitcoin.

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  • Of course, asking a simple question doesn't mean that Wilkinson, who has been described as the Warren Buffett of startups, will ever buy a single bitcoin or even a blockchain-related startup, but it was enough to make CoinDesk Director of Research Noelle Acheson say, "Wow!"
  • It also started a flood of responses on Twitter mostly seeking to convince Wilkinson that bitcoin is the future of finance and a better version of gold.
  • It's somewhat reminiscent, albeit on a smaller scale, of the hoopla created with billionaire investor Ray Dalio, a long-time bitcoin skeptic, took to Twitter saying he'd "love to be corrected" on his negative views on the cryptocurrency.
  • On Monday, Wilkinson's company, WeCommerce Holdings Ltd., which starts and invests in firms that service Shopify's platform, will list its shares on the TSX Venture Exchange. Billionaire Bill Ackman is also an investor in WeCommerce.
  • Given how Wilkinson is known to act quickly, buying companies in days rather the typical months, it's worth keeping an eye out to see what he might do should he be convinced that it's logical to buy bitcoin.

Kevin Reynolds

Kevin Reynolds is editor-in-chief at CoinDesk. Prior to joining the company in mid-2020, Reynolds spent 23 years at Bloomberg, where he won two CEO awards for moving the needle for the entire company and established himself as one of the world's leading experts in real-time financial news. In addition to having done almost every job in the newsroom, Reynolds built, scaled and ran products for every asset class, including First Word, a 250-person global news/analysis service for professional clients, as well as Bloomberg's Speed Desk and the training program that all Bloomberg News hires worldwide are required to take. He also turned around several other operations, including the company's flash headlines desk and was instrumental in the turnaround of Bloomberg's BGOV unit. He shares a patent for a content management system he helped design, is a Certified Scrum Master, and a veteran of the U.S. Marine Corps. He owns bitcoin, ether, polygon and solana.

Kevin Reynolds