Warren Buffett’s $365B cash balance at Berkshire Hathaway lost 20% against Bitcoin since Q2 2024.
While T-bills compounded 10%, Bitcoin surged 30%.
Is holding cash becoming the riskier trade?
FUN FACT: The first fiat Bitcoin trade occurred 17 years ago today.
• Bitcoin dev Martti Malmi sold 5,050 BTC for $5.
• Equivalent to $0.001 per Bitcoin 🤯
Satoshi’s real genius wasn’t the code. It was disappearing.
No CEO to arrest.
No board to pressure.
No founder stash to dump.
Bitcoin doesn't work because of a visionary leader. It works because it doesn't have one.
JUST IN: Michael Saylor says investors will search for assets that robots "can't make more of."
This is profound. Think about it for a second:
Are Nvidia chips really that scarce?
How much gold and oil is still out there?
Bitcoin is the solution!
Michael Saylor has gone through his second year-long bitcoin bear market and come out with 4% of all the bitcoin, billions in USD cash, & close to zero net debt, all while relentlessly posting AI memes every day.
Haters in shambles.
⚠️ Update ⚠️
I moved my bitcoin to ETFs in 2025 and got a lot of heat for that decision.
Then the Coldcard entropy issues came out.
Then Ledger devices with unauthorized hardware implants were discovered.
Zero regrets of my ETF decision. Peace of mind.
JUST IN: Bitcoin wallets with a non-zero balance recently hit a new all-time high above 60 million 🚀
~3 million new wallets have been added since the bear market began 👀
Adoption isn't slowing down! 👏
JUST IN: Strategy and Strive both signaled more Bitcoin buys this week.
Over 110 public companies now hold at least 50 BTC.
Institutional accumulation is not stopping.
I've never come across an economist willing to explain clearly why Bitcoin's fixed supply is a problem and why and how this compromises its operation.
It would be enormously valuable if someone literate could present that argument in a form more coherent than snarky eyerolls.
⚠️ BITCOIN IS NOT OPTIONAL: People think it's like iPhone adoption, but it's like gunpowder adoption 💥
"Did the French army have a choice whether they should adopt gunpowder or not? Did they decide, 'No, you know what, we like to keep it real with the sticks and stones and swords, and we're not gonna use gunpowder."
- @saifedean
ACCUMULATION: Strategy has made about 91% of all corporate $BTC buying in 2026, roughly 175K $BTC.
Businesses bought a net 193K Bitcoin this year, while individuals sold about 93K.
Retail is selling. Saylor is buying all of it. 🟠
Exactly 1 year ago was the worst single day crypto liquidation event in history. Over $19 billion in value evaporated out of nowhere.
Bitcoin crashed nearly $20,000.
If you hodled through this you’re a legend.