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PlanB· 2026-01-27 11:06
RT Peter Girnus 🦅 (@gothburz)I'm a Reserve Manager at a central bank.My job is buying gold.297 tons this year.Quietly.While we print money.Loudly.Gold hit $5,000 an ounce yesterday.We've been buying since it was $1,800.That's called "reserve diversification."Diversification means we don't trust our own currency.But we can't say that.So we say "diversification."The Governor went on television last month.He said inflation is "anchored."Anchored means 6%.Used to mean 2%.We moved the anchor.That's monetary poli ...
Is ETH becoming the new corporate reserve?
Bankless· 2025-09-05 17:01
Bit mine has done what in 60 days what took Micro Strategy three or four years to do in terms of percent of supply is absolutely incredible. >> Not only Tom though, but Ether Machine also bought $654 million of ETH through a private transaction. So brings in the total holdings in nearly 500,000 ETH, almost half a million ETH as it prepares for a NASDAQ listing later this year.And then also, you know who bought ETH. A bunch of ETH this year, Ryan, or just recently. Jack Ma.Jackmaw, the guy from Alibaba. Well ...