Mr. Wonderful Kevin O’Leary has sold all of his altcoin holdings and has called the wider crypto hype a fad, and said that energy infrastructure stocks are now his top investment bet.

O’Leary, who is an investor on Shark Tank, said earlier this week on the Money Rehab podcast that the investment to beat everything in his portfolio was not crypto but pure power infrastructure. “I actually think the play that will outperform will be just pure power. If you invest in power infrastructure, that’s turbine manufacturers, transmission manufacturers, companies that are aggregating power contracts from nuclear and hydro,” he said.

His best crypto-adjacent investment was Bitzero (AIBZ), a firm that provided power to hyperscalers whether…