Chinese CEO Sells All of This Altcoin and Switches All Money to Bitcoin!
In a move that sent shockwaves through the cryptocurrency community, Samson Mow, CEO of Bitcoin-focused company Jan3, switched entirely to Bitcoin.
Samson Mow announced on his X account that he sold his Bitmain (BMNR) and Ethereum (ETH) assets and shifted all his investment to BTC.
“I’ve decided to liquidate all my Ethereum holdings on Bitmine and switch to a Bitcoin-based treasury strategy.”
With this move, Mow marks a significant shift in his investment approach, moving from a diversified portfolio to a focus solely on Bitcoin.
Market observers are saying that Mow’s decision perfectly aligns with his long-standing Bitcoin maximalist stance.
Mow’s move also comes after his comments in October, where the renowned CEO warned that the Ethereum rally was largely driven by speculation among South Korean retail investors and would not end well.
Mow also recently urged investors, discouraged by Bitcoin’s recent stagnation, to pay attention to December 26, 2025.
According to the well-known source, Bitcoin options for December will expire on that day, and the BTC price may enter an upward trend on that date. If history repeats itself, Bitcoin could rise towards the $110,000 level.
*This is not investment advice.