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On May 3, Buffett, in an interview with reporters, compared the market to 'a church with a casino' to distinguish traditional value investing from the current craze for short-term options trading and the increasingly heated speculative atmosphere in prediction markets. He stated, 'People can freely switch between the church and the casino. Currently, there are still more people in the 'church' than in the 'casino', but the allure of the casino has become extremely strong. Buying or selling single-day options is neither investing nor speculation; it is essentially gambling.' Buffett candidly remarked that the public's 'gambling' sentiment has reached its peak.

[Buffett on Current Market: 'A Church with a Casino']On May 3, Buffett, in an interview with reporters, compared the market to 'a church with a casino' to distinguish traditional value investing from the current craze for short-term options trading and the increasingly heated speculative atmosphere in prediction markets. He stated, 'People can freely switch between the church and the casino. Currently, there are still more people in the 'church' than in the 'casino', but the allure of the casino has become extremely strong. Buying or selling single-day options is neither investing nor speculation; it is essentially gambling.' Buffett candidly remarked that the public's 'gambling' sentiment has reached its peak.

Buffett on Current Market: 'A Church with a Casino'

CHR fluctuated by 113.83% within 24 hours, current price $0.026

【CHR fluctuated over 50% in 24 hours!】CHR fluctuated by 113.83% within 24 hours, current price $0.026

CHR fluctuated over 50% in 24 hours!

On May 3, President Trump criticized banks for obstructing cryptocurrency legislation during an event held for $TRUMP holders at Mar-a-Lago last week. Trump stated that cryptocurrency has 'become somewhat mainstream. Banks have it, people have it... We are far ahead of China in artificial intelligence, and we are also leading in cryptocurrency.'

[Trump Criticizes Banks for Hindering Cryptocurrency Legislation at $TRUMP Holder Event]On May 3, President Trump criticized banks for obstructing cryptocurrency legislation during an event held for $TRUMP holders at Mar-a-Lago last week. Trump stated that cryptocurrency has 'become somewhat mainstream. Banks have it, people have it... We are far ahead of China in artificial intelligence, and we are also leading in cryptocurrency.'

Trump Criticizes Banks for Hindering Cryptocurrency Legislation at $TRUMP Holder Event

genius Surges 10.29% in 24H, Currently at 0.535 USDT

【genius currently trades at 0.535 USDT, up 10.29% in 24h, according to HTX market data.】genius Surges 10.29% in 24H, Currently at 0.535 USDT

genius currently trades at 0.535 USDT, up 10.29% in 24h, according to HTX market data.

On May 3, WisdomTree's cryptocurrency ETP recorded a net inflow of $137 million in the first quarter, marking a stark reversal from a net outflow of $89 million during the same period last year.

[WisdomTree Cryptocurrency ETP Sees $137 Million Net Inflow in Q1]On May 3, WisdomTree's cryptocurrency ETP recorded a net inflow of $137 million in the first quarter, marking a stark reversal from a net outflow of $89 million during the same period last year.

WisdomTree Cryptocurrency ETP Sees $137 Million Net Inflow in Q1

RSS3 fluctuated by 52.9% within 24 hours, current price $0.007296

【RSS fluctuations over 50% in 324 hours!】RSS3 fluctuated by 52.9% within 24 hours, current price $0.007296

RSS fluctuations over 50% in 324 hours!

On May 3, Michael Goldstein, founder of the Satoshi Nakamoto Institute, stated earlier this week at the Bitcoin 2026 conference that he is "working to build a Bitcoin library." Goldstein added that this Bitcoin archival system will reach the "level of the Library of Congress."

[Founder of Satoshi Nakamoto Institute: Working to Build a Bitcoin Library]On May 3, Michael Goldstein, founder of the Satoshi Nakamoto Institute, stated earlier this week at the Bitcoin 2026 conference that he is "working to build a Bitcoin library." Goldstein added that this Bitcoin archival system will reach the "level of the Library of Congress."

Founder of Satoshi Nakamoto Institute: Working to Build a Bitcoin Library

According to monitoring by Dongcha Beating, during the Berkshire shareholder meeting, CEO Abel elaborated on the development prospects of the energy sector, pointing out that with the rapid growth of the artificial intelligence industry, the energy sector is encountering new growth opportunities. Currently, half of Berkshire's energy companies have begun to take on electricity demand related to AI and are continuously tracking industry trends and the practical space for business implementation. Taking Iowa as an example, the company's utility service area has significantly expanded, with four large-scale data centers built locally, bringing in a large number of new electricity customers. Currently, electricity consumption from data centers accounts for 8% of the peak load in the region, which is an extremely high proportion in the utility sector; this indicates that the electricity demand driven by computing infrastructure construction still has substantial growth potential. The company expects that in the next five years, the proportion of electricity consumption from data centers may increase by 5 to 10 percentage points, and in the long term, it could even reach 50%, at which point it will become the most promising growth curve in the energy business.

[AI-Driven Surge in Power Demand Opens Growth Opportunities for Berkshire Energy]According to monitoring by Dongcha Beating, during the Berkshire shareholder meeting, CEO Abel elaborated on the development prospects of the energy sector, pointing out that with the rapid growth of the artificial intelligence industry, the energy sector is encountering new growth opportunities. Currently, half of Berkshire's energy companies have begun to take on electricity demand related to AI and are continuously tracking industry trends and the practical space for business implementation. Taking Iowa as an example, the company's utility service area has significantly expanded, with four large-scale data centers built locally, bringing in a large number of new electricity customers. Currently, electricity consumption from data centers accounts for 8% of the peak load in the region, which is an extremely high proportion in the utility sector; this indicates that the electricity demand driven by computing infrastructure construction still has substantial growth potential. The company expects that in the next five years, the proportion of electricity consumption from data centers may increase by 5 to 10 percentage points, and in the long term, it could even reach 50%, at which point it will become the most promising growth curve in the energy business.

AI-Driven Surge in Power Demand Opens Growth Opportunities for Berkshire Energy

On May 2, Berkshire CEO Abel stated at the shareholder meeting that the company will not invest in AI for the sake of AI. Investments will only be made when real value is observed. The application of artificial intelligence will create opportunities across all business sectors. Berkshire is taking a prudent and pragmatic approach to advancing AI applications, clearly stating that it will not blindly pursue general AI but will focus on the precise application of narrow AI in real business scenarios. To this end, Berkshire has established three key application principles: First, to introduce high-end technical talent and engineering teams to drive deployment, with involvement from executives and senior teams in system architecture and implementation; second, to strictly adhere to safety governance standards, strengthen data integration and risk prevention, and continuously verify the consistency of AI outputs with business objectives; third, to ensure that core decision-making authority remains in human hands, with AI serving only as an auxiliary tool, and all critical management, risk control, and business decisions being fully the responsibility of humans.

[Berkshire Rejects Trendy AI Investments, Advances with Caution on Three Key Principles]On May 2, Berkshire CEO Abel stated at the shareholder meeting that the company will not invest in AI for the sake of AI. Investments will only be made when real value is observed. The application of artificial intelligence will create opportunities across all business sectors. Berkshire is taking a prudent and pragmatic approach to advancing AI applications, clearly stating that it will not blindly pursue general AI but will focus on the precise application of narrow AI in real business scenarios. To this end, Berkshire has established three key application principles: First, to introduce high-end technical talent and engineering teams to drive deployment, with involvement from executives and senior teams in system architecture and implementation; second, to strictly adhere to safety governance standards, strengthen data integration and risk prevention, and continuously verify the consistency of AI outputs with business objectives; third, to ensure that core decision-making authority remains in human hands, with AI serving only as an auxiliary tool, and all critical management, risk control, and business decisions being fully the responsibility of humans.

Berkshire Rejects Trendy AI Investments, Advances with Caution on Three Key Principles

On May 2, Shatter Pharmaceuticals Holdings agreed to acquire United Dogecoin through a merger supported by a $11 million PIPE financing deal. The merged company plans to deploy 3,000 ElphaPex mining machines within 60 days after the transaction is completed. The project aims to capture approximately 1.5% of the global Dogecoin mining power at a hash rate of 43,200 GH/s.

[DOGE Hits Two-Month High as Mining Company Plans to Go Public via Merger]On May 2, Shatter Pharmaceuticals Holdings agreed to acquire United Dogecoin through a merger supported by a $11 million PIPE financing deal. The merged company plans to deploy 3,000 ElphaPex mining machines within 60 days after the transaction is completed. The project aims to capture approximately 1.5% of the global Dogecoin mining power at a hash rate of 43,200 GH/s.

DOGE Hits Two-Month High as Mining Company Plans to Go Public via Merger

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