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🚨 VANGUARD JUST DISCLOSED A MASSIVE $BMNR POSITION
Vanguard Capital Management reported ownership of 20.34M shares of Bitmine worth over $400M as of March 31.
One of the largest asset managers in the world now holds a large position in Bitmine.
$ETH $BMNR
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While Bitcoin gets a lot of attention, it hasn’t played the safe-haven role many expected. In my view, there are a few reasons why.
First, Bitcoin lacks privacy. Transactions can be monitored and potentially controlled, which is why central banks aren’t looking to hold it.
Second, it also has a high correlation with tech stocks. When investors get squeezed in other areas of their portfolio, they sell their Bitcoin to cover it.
Third, it’s a relatively small and controllable market, whereas gold stands alone. There is only one gold.
Ultimately, gold is more widely held, deeply established, and still plays a central role in the global system.
$BTC Monthly
9-month compression building on the Bitcoin chart.
Reverse fakeout at the top, now another at the bottom perfectly keeping price trapped inside the coil.
When this finally breaks, it’s going to move violently… and I’m leaning strongly to the upside.
Never seen a compression quite like this one.
Been a while folks, I get bored in down only territory.
Figured it was a good time to dive back in given how $BTC is looking.
The Weekly is looking bullish. Red dots are gone, first time since Oct.
Structure is promising with the confirmed double bottom 🚀
LATEST: ⚡ Arthur Hayes says Ethereum may drop out of the top three by 2030, predicting AI-focused tokens powering the agentic economy will overtake it.
Insane.
So a 4 star admiral testifying to Congress now sounds like @adam3us.
Boys and girls-btc is becoming embedded within US power infrastructure.
Game over.
Valued only at $1.5T.
65% less than @Apple.
I'm not leaving. I'm not pivoting away from this space. It's early.