Mounting U.S. Debt Makes Bitcoin a Must-Have Asset, Says Paul Tudor Jones

Paul Tudor Jones: Bitcoin Belongs in “Every Portfolio” as U.S. Faces Prolonged Fiscal Reckoning

Legendary hedge fund manager Paul Tudor Jones has reiterated his support for bitcoin, gold, and equities as core assets for investors navigating the storm of rising U.S. debt and persistent inflation.

Speaking in a Wednesday interview with Bloomberg TV, Jones warned that the U.S. economy is entering a structurally dangerous period due to its soaring debt load, forcing the Federal Reserve into a corner. “We’re in a debt trap,” he said, adding that policymakers are unlikely to raise real interest rates enough to offset inflation, meaning purchasing power could steadily decline.

With President Trump expected to nominate a more dovish successor to Fed Chair Jerome Powell next year, Jones believes the central bank will remain in easing mode — boosting hard assets. “You want assets that protect value over time. Bitcoin, gold, and stocks are your best bet in this environment,” he explained.

While he acknowledged bitcoin’s higher volatility compared to gold, Jones emphasized the importance of holding a diversified mix, adjusted for risk. “Every portfolio should have bitcoin,” he said, calling it a critical hedge in an era of fiscal expansion and monetary accommodation.

The remarks came as new government data showed May’s Consumer Price Index rising 2.4% annually, slightly below economists’ forecasts, but not low enough to ease broader inflation concerns. Jones, who manages the $16 billion Tudor Investment Corp., has long positioned bitcoin as a macroeconomic hedge — a stance now gaining wider institutional traction.