The world’s leading cryptocurrency, Bitcoin (BTC), may be experiencing price fluctuations, but investors are making firm decisions about the coin. Samson Mow, CEO of Bitcoin-focused JAN3, is one such individual who has decided to bet heavily on Bitcoin.
Has Samson Mow lost confidence in Ethereum?
As per his post on X, Mow stated, “I’ve decided to liquidate all Bitmine Ethereum holdings and pivot to a Bitcoin-only treasury strategy.”
This marks a significant shift in investment approach as he moves from a diversified portfolio to Bitcoin only.
The decision suggests that Mow has lost confidence in the future price trajectory of Ethereum as a long-term treasury asset or believes that Bitcoin holds better rewards. Interestingly, the JAN3 CEO had previously warned that Ethereum treasury firms like Bitmine could face a major sell-off.
The current development could put pressure on Ethereum and slow down the asset’s treasury expansion move. Notably, investors might second-guess betting on Ethereum and want to monitor developments to understand the capital rotation to Bitcoin.
It is worth mentioning that Bitmine holds about 3.2% of Ethereum’s total supply.
Thus, liquidating that volume could have a huge impact on the price outlook of the leading altcoin. As of press time, Ethereum has lost 2.91% of its value in the last 24 hours and is trading at $2,839.56.
Mow’s switch to hold Bitcoin exclusively as its treasury reserve is similar to how Michael Saylor’s Strategy has operated since 2020. It is likely that Strategy’s approach is becoming more appealing — not only to Japanese firm Metaplanet, but to others as well.
Some predict that Strategy could outrank major tech companies soon.
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This also indicates that Samson Mow believes Bitcoin is a superior store-of-value asset in the cryptocurrency space. Hence, he has decided to treat BTC as digital gold and not diversify into other cryptocurrencies.
Bitcoin’s date for possible bullish reversal
Interestingly, Samson Mow recently urged investors discouraged by Bitcoin’s stagnation to watch out for Dec. 26, 2025.
He believes that the coin’s price setup could flip bullish on this date as a huge batch of December options will expire on that day. If history repeats itself, Bitcoin could soar toward the $110,000 price zone.
Meanwhile, Mow has made a bold prediction for 2026 as concerns Bitcoin’s price outlook. He maintains that the flagship crypto coin has the potential to hit $1,000,000 in 2026.
Bitcoin currently changes hands at $86,831.85, down 31.11% from its all-time high (ATH) of $126,198.07, which it attained in October 2025.
Source: https://u.today/samson-mow-confirms-all-in-bitcoin-pivot-dumps-bitmine-ethereum-holdings