Warren Buffett has reduced Berkshire Hathaway’s stake in short-term Treasury bills by tens of billions of dollars and is doubling down on one broadcasting company’s stock.

New SEC filings show Buffett’s short-term Treasury bill holdings declined by $42.867 billion at the close of the second quarter of the year when compared to December 2024, with total holdings of T-bills now at $243.605 billion.

Meanwhile, Berkshire Hathaway purchased 5,030,425 more shares of Sirius XM Holdings (SIRI) last month at around $21 per share, bringing its total holdings of SIRI to 124,807,117 shares.

SIRI is trading for $20.97 per share at the close of the market on Wednesday.

Also last month, Berkshire Hathaway dumped nearly $1.23 billion worth of shares in the domain name giant Verisign.

Verisign announced the Omaha-based investment giant would sell 4,300,000 shares of the company’s common stock to the public for $285 per share. The sell-off materialized after Buffett’s firm acquired multiple new stocks in the first quarter of 2025.

Filings with the SEC earlier this year showed Berkshire added 865,311 shares of the swimming pool supply giant POOLCORP (POOL) for nearly $262 million in Q1. The firm purchased an additional 6,384,676 shares of the alcohol producer Constellation Brands (STZ) for nearly $961 million and it acquired 238,613 new shares of Domino’s Pizza (DPZ) worth approximately $204 million.

Berkshire also bought 112,401 new shares of Heico Corporation (HEI), an aerospace and electronics firm, worth nearly $50 million in Q1.

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James Wynn, the notorious high-leverage crypto trader who lost a staggering $100 million earlier this year after betting $1 billion on Bitcoin (BTC) longs, is back in the spotlight. After weeks of silence following his steep trading losses, on-chain data now shows Wynn has returned to trading again—this time placing risky bets on PEPE and BTC. 

Overleveraged Bitcoin Trader Hits Back With 10x PEPE Bet

After vanishing from social media earlier in 2025 and experiencing one of the most dramatic crypto trading collapses, Wynn is making a comeback, and this time, he’s betting big on a volatile meme coin, PEPE. The notorious Bitcoin trader has reportedly resumed trading the perpetual version of PEPE with fresh leveraged exposure on the decentralized derivatives platform Hyperliquid. 

According to blockchain analytics platform Lookonchain, Wynn returned to the market through the same crypto wallet address tied to his previous trades. On-chain data reveals that his latest position involves a 10x long on kPEPE, funded almost entirely by his recently claimed referral reward of 6,792.53 USDC—a striking contrast to the billion-dollar positions he previously commanded.

Updated information from HyperDash reveals that the trader opened a long position of approximately $89,000 on kPEPE. The position is running at 10x leverage, meaning the actual capital backing it is around $8,800, while the exposure exceeds $89,000. Notably, Wynn had bought over 6.8 million kPEPE, betting entirely on the token’s upside. At this leverage level, just a 10% drop in PEPE’s price could entirely wipe out the margin used to back this trade, making this an extremely high-risk move. 

Interestingly, Wynn’s comeback follows his public fallout in May 2025, when his massive $1 billion leveraged BTC longs were liquidated during a price dip below $105,000, resulting in a staggering $100 million (949 BTC) loss. This incident caught the attention of the crypto community, sparking controversy and widespread discussions. Now the Bitcoin trader is facing renewed scrutiny from various crypto community members, with some labeling him a degen trader and others questioning his risk management skills.

Wynn Makes Bold 40X Bet On Bitcoin

Despite accruing massive losses that forced him offline, Wynn is making another extremely high-risk Bitcoin trade, involving a $468,000 position and 40X leverage. In an earlier post, Lookonchain reported that the trader had deposited 468,000 USDC into Hyperliquid and opened a new leveraged long on Bitcoin, with a liquidation price of $115,570. 

Updated data from HyperDash revealed that Wynn has opened a $23.9 million long position on Bitcoin with 40x leverage on Hyperliquid. The position size includes over 202 BTC, and the trader is fully committed to the cryptocurrency’s potential upside movement. 

At 40x leverage, only 2.5% price movement against the trade would be enough to trigger a complete BTC liquidation, wiping out the entire margin backing Wynn’s position. This significantly high-risk strategy leaves no room for error, especially in a market as volatile as Bitcoin.

Featured image from Pixabay, chart from Tradingview.com

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Iconic investor Ray Dalio is warning that US President Donald Trump’s tariff policies may cause a global economic slowdown.

In a new interview on CNBC, the Bridgewater Associates founder says he has serious concerns that increasing tariffs may wreak macroeconomic havoc at a time when the nation faces several other challenges.

“I agree with the problem. I am very concerned about the solution, the practicality of the solution. In other words, I think that this is going to create not only the problem, the capital markets problem that I’m talking about related to prices going up, costs going up, revenue going down and capital problem, but I also think that this is going to create great sand in the gears of production worldwide.

At the same time, I do agree that this interdependency, this issue of productivity in the world in which we have to be competitive and productive, and we’re not competitive in producing things is a longer-term problem, not an easy one. And I do expect that it is going to have political consequences. This is the nature of the cycle.”

Dalio also says the nation needs to address other systemic challenges, such as lowering the debt and reducing government spending.

“It is coming also at the same time as we have a budget issue. Now, the budget issue is a comparably important issue. So as we look ahead in the months ahead, we have to get the budget deficit down to 3% of gross domestic product. I worry about that at the same time as this is happening. These are not easy problems to solve. I’m concerned because the bigger problems exist, the debt exists. You can’t get around the debt. The overspending exists. You still have that. You still have that competitiveness issue. These have repeated throughout history. We’re in a period that’s very much like the 1930s.”

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Analyst and trader Kevin Svenson says he is still bullish on Bitcoin (BTC) amid a correction that has seen the flagship crypto asset decline by around 23% from the all-time high recorded in January.

In a new strategy session, Svenson tells his 82,800 YouTube subscribers that two indicators, the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD), are signaling that Bitcoin is primed for more upside after a period of sideways trading.

The RSI indicator is a momentum oscillator used to determine oversold or overbought conditions. The MACD is used to analyze price trends and momentum direction in a bid to identify points to enter or exit positions.

“The MACD on the weekly is showing that the bears are losing momentum and we’re holding that RSI support on the weekly. Well, I’m going to be looking for general sideways price action. Could be higher highs, lower lows. But ultimately sideways before a recovery back to new all-time highs.

Yes, I’ll say it. I guess I’ll be the only one to say it… that I’m still expecting new all-time highs in this cycle. Nothing’s changed in that perspective.”

Svenson, however, says that even though Bitcoin is showing signs of bottoming out, the crypto king is “not totally out of the woods just yet” and could head lower before rallying.

“There is a possibility that at some point the market does a final flush before actually recovering. I mean, Bitcoin plays out that type of wacky price action all the time…

…if we were to play out kind of like a final flush into a slightly lower low, this scenario wouldn’t surprise me – testing down to the low $70,000s one more time first, going into the $90,000 range first and then flushing before a full recovery.”

Bitcoin is trading at $83,586 at time of writing.

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