George Kikvadze

And Then You Win is Finally Out! The story of how we went all-in on Bitcoin, were ridiculed, “ate glass” to survive — and built businesses worth $12 billion and counting. More than that, it’s about what we learned about ourselves and the world along the way. Amazon: amazon.com/dp/1636805310

@business 😂😂

Cerebras expects to price its US initial public offering at $185 per share, according to people familiar with the matter, as the artificial intelligence chipmaker seizes on the surging demand for semiconductors bloomberg.com/news/articles/…

GK Daily Brief: Stagflation Is Live. Beijing Might Fix Half Of It. ⚡ The Fed is trapped. China might have the exit? → PPI +6.0% YoY — nearly triple expectations. Core PPI double estimates. CPI 3.8% yesterday, PPI 6.0% today. Real wages negative. Inflation pass-through is structural. The Fed cannot cut or hike without breaking something. Feels trapped. → China agreed to oppose Hormuz tolls — first joint US-China signal on the war. If Hormuz reopens as a Beijing summit outcome, energy prices collapse, CPI reverses, Fed cuts return. Markets haven't priced this yet. Win win. → Trump landed in Beijing with Jensen Huang on Air Force One alongside Musk, Cook, Fink. NVDA hit all-time high at $5.5 Trillion. China's $50B AI chip market on the table. Nvidia reports tonight while its CEO negotiates chip access in real time → Tokenized Treasuries hit $15 billion — near zero 18 months ago. Institutional capital building on-chain yield quietly while everyone watches the inflation print. Tokenization doesn't need a bull market. It needs rate-bearing assets and blockchain rails → Powell's term ends Friday. Warsh inherits 3.8% CPI, 6.0% PPI, a war, and zero cuts priced. His first press conference is the most important Fed moment in years Question: If China and the US jointly reopen Hormuz, inflation reverses, the Fed cuts, and Warsh turns dovish what does that do to every asset class simultaneously?

GK Daily Brief: Inflation Is Back. The Market Hasn't Fully Priced It? Real wages just went negative. The Fed's hands are tied. And the war isn't ending. → CPI printed 3.8% — hotter than expected. Surprise. Suprise :) Core 0.4% MoM, highest since January 2025. Gasoline +28.4% YoY. Airline fares +20.7%. Shelter re-accelerating. The worst number: real wages fell 0.5% for the month — negative for the first time since April 2023. Fed rate hike odds now at 30%. → BTC holding $80,860 despite the hot print — four rejections at the 200-day MA at $82,228. One clean close above it changes the entire technical picture. Fear & Greed at 47. Retail not in yet. Three catalysts still this week: CLARITY Act hearing Thursday, Trump-Xi summit, PPI tomorrow. → Trump rejected Iran's peace proposal as "completely unacceptable" — four demands including war reparations and Hormuz sovereignty. War continues. Energy constraint is now structural into H2 2026. Hot CPI plus Hormuz closed plus real wages negative — this is the feedback loop that breaks consumer spending → PPI prints tomorrow. If core PPI accelerates alongside core CPI — tariff pass-through into producer prices is confirmed. The "transient energy" narrative collapses completely and the inflation fight is not over, it's just beginning. Watch bond yields. they ve been getting out of whack. → Ray Dalio says BTC is not a safe haven — gold is better. He cites 91% correlation with S&P 500 during Iran escalations. He's right on correlation. He's wrong on the monetary debasement thesis. Watch the next 30 days: if CPI keeps printing hot and BTC holds — that IS the safe haven argument. Very ironic. He probably completely forgot that at higher prices supply of gold will ramp up, with BTC supply is only diminishing. Oh well :)

@traveler_jeff Wen tripple digits

@BitfuryGeorge Wen supra. 🍷

GK Daily Brief: The Biggest Capital Mobilisation in History. ⚡ → 84% of S&P companies beat Q1 EPS — highest since Q2 2021. But half the S&P 500 is now Tech, the highest concentration in history. Earnings are strong. The base is dangerously narrow → AI capex in 2027 will exceed the entire US national defense budget. This is not a technology cycle. It's an industrial mobilisation at a scale the market has no historical framework to price → Trump-Xi Summit May 14-15 in Beijing — tariffs, rare earths, AI chip controls all on the table. Polymarket at 50/50 on a deal. This is the binary event of Q2. BTC, semis, and energy all reprice on the outcome → US CPI Tuesday — Morgan Stanley forecasting 3.8% headline, 2.7% core. Tariffs keeping goods inflation positive. Oil passing through to airfares. Shelter re-accelerating. If it prints hot: Fed hike discussion reopens and the spring stays compressed another month → BTC holding above $81K — 67 consecutive days of negative funding rates, longest streak in a decade. Futures traders have been short for two months while spot holds. When this unwinds, it doesn't move slowly

@HKresner Its innevitable. The team will execute. New deals will flock in.

@BitfuryGeorge Thank you George. I am patiently waiting for the re-rating! 🚀

TRIPPLE DIGITS 🚀🚀🚀

@HKresner At least double. Re-rate needs to happen

@BitfuryGeorge Hey George. What do you estimate $CIFR to be worth today (with current signed leases) if valued as a REIT, knowing that there are several sites yet to be leased. Also, really enjoyed your insights in “And then you Win” - Good book 📕

@sysmannet @DocumentingBTC @megawatthq @protomining @jack @BitfuryGroup Few 😂

@DocumentingBTC @megawatthq @protomining @jack @BitfuryGroup build modular miners since 2012! main chassis easy to repair & upgrade. Lot's of non existing miners did similar.

Jack Dorsey may have changed Bitcoin mining forever. Best known for founding Twitter, Jack’s hardware company Block has built one of the first modular Bitcoin miners, designed to be stacked, repaired, and serviced in workshops like this, instead of thrown away

Cipher Digital Provides First Quarter 2026 Business Update - Development Timeline on Track at Barber Lake and Black Pearl Data Centers - Signed Third AI Data Center Campus Lease with Investment-Grade Hyperscale Tenant - Secured $200 Million Revolving Credit Facility Supported by a Syndicate of Leading Global Financial Institutions Read the full press release here: investors.cipherdigital.com/news-releases/…

@IREN_Ltd @iTzAnthonyNap @danroberts0101 Well done

Sweetwater 1 has been successfully energized – a key milestone in the development of the broader 2GW Sweetwater campus. @danroberts0101, Co-Founder and Co-CEO of $IREN commented: “Delivering Sweetwater 1 substation energization on schedule reflects our disciplined execution, the strength of our supply chain relationships and the efficiency of our vertically integrated development model. It is another example of our ability to design and construct large-scale infrastructure reliably and at speed to meet market demand.” Learn more: iren.gcs-web.com/static-files/d…

@ENaughtius “Energy” consultant my ass. That has zero clue on using bitcoin mining as grid regulation and off peak off take. Study up on ERCOT policies noob 😂

@ENaughtius Idiot I ve been in bitcoin since 2012 while you were reading up on EU regulations. Calling bitcoin a counterfeit is like calling EU a beacon of entrepreneurship. Get educated on the cryptography and math before yapping. Block.

Our “AI Bottlenecks” strategy is up 60%. Most investors are chasing AI. We’re focused on what AI cannot run without. Here’s the framework + the 14 stocks behind it: @BitfuryGeorge/stop-investing-in-ai-start-investing-in-what-ai-needs-33ea7b2dfdbf" target="_blank" rel="nofollow noopener">medium.com/@BitfuryGeorge…

@infraa_ What planet you living on ? Saudi is awash with massive profits since Hormuz closure.

Not only that, but these hyperscalers free cash flow is rolling over and increasingly needing to be funded by debt ~~who is going to buy all this debt?~~ Certainly not going to be the GCC, Europe or Asia when oil is at $100 and the Strait of Hormuz is closed

Higher oil prices= immediate deficits Current account surplus -> deficit = Creditor to RoW -> Net selling of assets It’s not just Japan, either. Foreigners own $69 trillion of USD assets and can sell for a long, long time.

@ENaughtius Perhaps Finland should take note of US pro crypto policies.

@justaredcat Vision is intact. The team is building. Its a long term project. You can go onto discord and see all the activity and upgrades there.

@BitfuryGeorge Nevertheless, George, a large number of people are waiting for updates from you and your vision regarding Gonka AI🤝

@justaredcat Gonka belongs to the crypto bets category

@BitfuryGeorge I think it’s time to add a few words about Gonka AI 🙂