Nearly $2 Billion Daily Profit? Japanese Stocks Soar, Buffett Benefits Again
Monday, February 10
The Nikkei 225 index surged more than 2,000 points on Monday, hitting the 56,000-point mark for the first time ever—pushing the value of Berkshire Hathaway’s Japanese assets (its stakes in five major trading houses) above $41 billion.
Since 2019, Warren Buffett—who stepped down as Berkshire’s CEO—has placed a series of large bets on Japanese stocks. Monday’s sharp Tokyo rally lifted shares of those related firms, delivering a nearly $2 billion unrealized gain in one day.
Per Berkshire Hathaway’s financial filings, the investment cost was approximately $13.8 billion, meaning the holding has nearly doubled in value.
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Goldman Sachs Warning: Hedge Funds Record Short on US Stocks, AI Impact Concerns Trigger Market Volatility
On February 10, Goldman Sachs warned that hedge funds are ramping up short positions on U.S. stocks amid growing concerns that artificial intelligence (AI) could disrupt traditional business models.
Data shows nominal short interest in individual U.S. stocks hit a new 2016 high last week.
Goldman’s prime brokerage team noted in a client report that hedge funds’ short trade volume was roughly 2:1 relative to long trades between Jan. 30 and Feb. 5. Overall, hedge funds have been net sellers of U.S. stocks for four straight weeks, with outflows hitting their highest level since early April 2023.
Market volatility is closely tied to AI’s rapid advancement. Reports note a concentrated sell-off was triggered after Anthropic rolled out a new tool automating tasks across multiple industries. In total, 164 stocks across sectors including software, financial services and asset management lost roughly $611 billion in market value last week.
While U.S. stocks rebounded on dip buying Fr
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Cryptocurrency Fear and Greed Index Drops to 9 as Market Cools Off
As of February 10, alternative data shows the cryptocurrency Fear & Greed Index has dropped to 9—down from 14 yesterday. The weekly average stands at 17, indicating the market remains in the "extreme fear" zone.
Note: The index ranges from 0 to 100 and includes these metrics: Volatility (25%), Market Trading Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin Dominance (10%), Google Trends (10%).
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The Federal Reserve is planning to launch a "Basic Ledger" later this year, advancing limited access amid stalled crypto legislation
On February 10, Federal Reserve Governor Christopher Waller announced plans to launch a "limited-purpose account" by the end of this year. With broader crypto market regulation legislation stalled at the congressional level, the Fed will move forward with limited payment system access arrangements.
Waller noted that a traditional Federal Reserve master account gives institutions direct access to the Fed’s payment system and the U.S. monetary system, while a "limited-purpose account" will come with significant restrictions—including no interest on balances and no access to discount window loans.
The Fed previously sought public input on the plan, which exposed divisions between the crypto industry and community banks: the dispute centers on whether non-traditional financial institutions should be allowed to access certain functions of the U.S. payment system. Waller said the Fed still needs to "work through" relevant details but hopes to roll out the account this year if condition
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Bitmine increases its Ethereum holdings by 40,000 coins today, worth approximately $83.38 million
On February 10th, EmberCN data shows Bitmine added 40,000 ETH (valued at ~$83.38 million) to its holdings 6 hours prior. This week’s single-day buying volume has already matched the total from last week’s entire 7-day period.
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A man has been sentenced to 20 years in prison for a $73 million cryptocurrency investment scam
February 10 — The U.S. Department of Justice (DOJ) announced Wednesday that Daren Li, a dual citizen of China and Saint Kitts and Nevis, was sentenced in absentia to 20 years in prison plus three years of supervised release by the U.S. Central District Court of California on February 9. Li was convicted for his role in a global cryptocurrency investment scam that defrauded victims of more than $73 million.
The 42-year-old pleaded guilty in November 2024 to participating in a transnational crypto scam and money laundering conspiracy based in a fraud hub in Cambodia. But he cut off his electronic monitoring ankle bracelet and fled in December 2025, and remains a fugitive.
Prosecutors said the scam ring targeted victims via social media, phone calls, text messages and online dating platforms, building "professional or romantic relationships" to earn trust. The group used fake crypto trading platforms and phishing sites to trick people into investing in fraudulent projects. In some cases
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