Subject: O/t, what can Buffett be thinking as
As he watches these Trump trades rally? The crypto space, Tesla, djt, etc, will all test his resolve. Will he outlive four years of team trump healthy and fully engaged? Interesting time ahead. 🙏 “ There’s potential to use a day-one executive order to purchase Bitcoin,” Mallers said, adding:
“It wouldn't be the size and scale of 1 million coins but it would be a significant position."
The Bitcoin Act of 2024, introduced by pro-crypto Senator Cynthia Lummis in July, proposes that the Treasury and Federal Reserve purchase 200,000 BTC annually over five years, accumulating 1 million Bitcoin
BTC
tickers down
$104,458
The reserve would be held for at least 20 years, thereby taking 5% of Bitcoin’s total supply (of 21 million tokens) from circulation.
These speculations have resulted in some lofty new BTC price targets for 2025 and beyond.“ https://cointelegraph.com/news...