Billionaire Bill Ackman says he "kicks himself for not understanding Crypto like he understands Pizza"
#crypto #pizza #bitcoin #ether
Speaking at a virtual event hosted by The Wall Street Journal, called the Future of Everything Festival, the hedge-fund manager, who runs Pershing Square Capital Management, said that crypto is not a place where he would “feel comfortable putting a meaningful amount” of money.
He said one of his big indictments for crypto is the asset has “no intrinsic value,” while at the same time saying that he “admired the creation of investments” that include bitcoin BTCUSD and Ethereum ETHUSD whose Ether coin is trading in record territory.
“I kick myself for not understanding,” crypto Mr. Ackman said.
Asked if he was a gold investor, another asset that can be said to have no intrinsic value, the hedge-fund manager said, “No, I’m not a gold guy.”
Pershing Square (OTC:PSHZF) holds almost 6% of Domino’s Pizza (NYSE:DPZ). Mr. Ackman says Pizza is a durable business.
Bitcoin, the most prominent crypto in the world, has seen its price rise 95% YTD,
Have a healthy day, Keep the Faith!
Economic Calendar and Trading Strategies for the Week Ahead: July 14–18, 2026
A pivotal week for markets: US strikes on Iran reignite the oil risk premium, June CPI and retail sales test the Fed's rate-cut path, and the $1 trillion AI capital loop keeps driving the tech trade. Full economic calendar plus trading strategies across oil, gold, Bitcoin, FX and AI stocks.
Quantum Computing Just Became an Institutional Risk
Shayne Heffernan on BlackRock's quantum-computing warning for Bitcoin and Ethereum, Google's cryptanalysis research, the two on-chain risk vectors, and how KXCO's Armature L1 — post-quantum from genesis, coordinated by its ontology — answers a threat that just went institutional.
Economic Calendar and Trading Strategies for July 7–11, 2026
A trader's guide to the week of July 7–11, 2026: the US and China economic calendar, the Fed-pivot test after a soft jobs report, and how to trade Nvidia, SpaceX, Bitcoin, the dollar, gold, silver, AI and quantum. Track every release on Live Trading News.
Is the Iran War Back?
US Central Command struck Iran on June 26, nine days after a peace memorandum, after an alleged drone attack on shipping in the Strait of Hormuz. What it means for gold, Bitcoin, the defense complex — Palantir, Lockheed, RTX — and why the return of QE matters more than the bombs.
Every story, signed and delivered.
Subscribe to the kxco channel and get the headline, the AI-written key takeaways, and the chain-anchor link the moment we publish. Audio versions and per-ticker subscriptions arrive in the next iteration.