Buffett and Saylor: Divided by Bitcoin, United by Dollar Fears

1️⃣Divergent Paths, Shared Fears

Michael Saylor is a true Bitcoin evangelist and the CEO of Strategy Inc. $MSTR ( ▲ 0.82% ), a venture he’s using to aggressively accumulate as much Bitcoin as his balance sheet can finance (Strategy owns more than 553,000 bitcoin).

Contrast Saylor’s digital-asset foray with the more traditional path traveled by Warren Buffett, the legendary (and soon-to-step-down) CEO of Berkshire Hathaway Inc. $BRK.A ( ▼ 0.51% ) / $BRK.B ( ▼ 0.57% ). Buffett is a devout acolyte of “real” value. He stays within his “circle of competence” and scours corporate financial statements to find companies trading for less than their intrinsic value. Sometimes he buys their shares. Sometimes he just buys the whole company, which is why Berkshire’s business portfolio is an eclectic collection that includes candy and jewelry stores, battery makers, insurance companies, and energy providers. Also, unlike Saylor, Buffett doesn’t believe in Bitcoin, describing it in his 2018 shareholder letter as probably “rat poison squared.”

Despite this philosophical investing divide, both men do share a common fear: Both Saylor and Buffett are extremely worried about the eroding value of the U.S. dollar.

It’s that very fear that’s fueling Saylor’s Bitcoin purchasing frenzy.

 “The only difference [between] the U.S. dollar and the [Argentine] peso is, whereas it takes 20 years to lose your family's fortune in the peso, it takes about 90 years to lose your family's fortune in the dollar,” Saylor said on the PBD Podcast last year.

Buffett, speaking about the dollar at the annual Berkshire shareholder meeting last weekend, cautioned: “Obviously we wouldn't want to be owning anything that we thought was in a currency that was really going to hell.”

He added: “There could be... things happen(ing) in the United States that ... make us want to own a lot of other currencies.”

Since launching our paid service SPC Premium a little over a year ago, we’ve repeatedly warned that ballooning U.S. government debt, stubborn inflation, and a declining dollar were very real threats with no near-term fixes. That means Wealth Builders like us would have to find our own solutions. That’s why we cover alternative assets and create dossiers for things like Bitcoin. In one of our first reports on Bitcoin last May, the crypto was trading for around $57,000. Almost a year later, it’s 80% higher, hovering at $103,000. To be clear, it falls into the “high-risk asset” category, and as we always tell our readers, only own what you’re comfortable with. But it’s an asset that is increasingly being viewed as a store of value.

Crypto expert David Zeiler says the best way to invest in Bitcoin is to own Bitcoin directly, but he also likes The Grayscale Digital Large Cap Fund $GDLC ( ▼ 3.76% ), which holds the same five cryptocurrencies — Bitcoin, Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cardona (ADA) — that President Donald Trump has proposed including in the strategic U.S. crypto reserve.

In the face of a declining dollar, we’re also fans of precious metals, like gold and silver. 

4 Reasons The Dollar Could Collapse

If you’ve noticed that your dollars don’t seem to go as far as they used to, you’re not alone. Millions of Americans are in the same boat.

The recent inflation rate, the highest in over 40 years, was a wake up call that made many people realize that the financial stability they had taken for granted for decades no longer exists.

The US government has been tempted to use its reserve currency status to its financial advantage. This has resulted in massive devaluation of the dollar.

A way to help protect your dollars is to diversify your money with assets that don’t depend upon the strength and health of the dollar for their value. Precious metals like gold and silver, for instance, are in demand around the world 24/7 and aren’t dependent upon the value of the dollar.

To find out reasons why experts are predicting the collapse of the dollar, request your free digital copy of the 4 Reasons the Dollar Could Crash eBook.

Get Free eBook >>

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2️⃣How to Profit From Uncertainty

We always say that the majority of retail investors should avoid trading options.

It’s just more likely that you’ll lose money than make money. According to one study, between January 2010 and February 2021, retail investors lost more than $3 billion trading options. A study from Germany’s University of Muenster found that – since May 2022 — day traders lost $358,000 each and every market day on the increasingly popular zero-day options.

But since last year, we’ve been sharing a way to flip the tables, which has only accelerated in its moneymaking abilities thanks to all of the tariff uncertainty.

“You can make money from everyone else who trades options by grabbing shares of CBOE Global Markets Inc. $CBOE ( ▼ 0.22% ), the largest options exchange in the world,” Chief Stock Picker Bill Patalon said in October.

That’s proving true, with shares up 18.5% so far this year.

It’s also proving true from the most recent quarter, where CBOE:

• Recorded record revenue from its options trading arm at $352.4 million.

• Reached a record in average daily volume in index options.

• And total revenue hit a quarterly record of $565.2 million, up 13% from the previous year.

To add on top of the stock-price appreciation, CBOE also pays a modest dividend of $2.52 per share, for a yield of 1.08%.

If you want to dive into CBOE a little bit more, we have a free guide available below. 

3️⃣AI Is Still Hungry for Power 

When the Chinese startup DeepSeek earlier this year unveiled advanced AI models that seemed to need less computing power and electricity to operate, a worry spread that U.S. companies were overspending on massive data center buildouts.

But Nvidia Corp. $NVDA ( ▼ 2.09% ) CEO Jensen Huang believes DeepSeek will require more computing power to scale because of its advanced reasoning abilities, which will require increased energy needs. And Nvidia’s Senior Director of Corporate Sustainability, Josh Parker, called the January sell-off of AI stocks due to DeepSeek’s AI models a “knee-jerk” reaction.

In April, Anthropic co-founder Jack Clark, a rival to OpenAI, estimated that 50 gigawatts of new power capacity is needed by 2027 to support AI. That’s the equivalent of about 50 new nuclear plants.

Alphabet Inc. $GOOGL ( ▼ 0.59% ) is seeing that need as well, signing an agreement with the nuclear power developer Elementl Power to develop three sites for advanced reactors. Details of the deal are sparse, but Google will have the option to buy the power from those sites when they are up and running.

Some AI power stocks have cooled down in 2025, like the high-flying Vertiv Holdings Co. $VRT ( ▼ 3.08% ), which was up 148% in 2024 but is down 17% so far this year. But two AI energy stocks have done well thus far in 2025, which Bill highlighted last October: Southern Co. $SO ( ▼ 0.01% ) and GE Vernova Inc. $GEV ( ▼ 1.89% ). Shares are up 9.7% and 21.3%, respectively, while the S&P 500 is down 3.7%.

You can see more of the long-term reasoning to own shares of both companies in the report below.