Billy Markus, a software developer whose creation of the quaint little meme coin DOGE in 2013 with Jackson Palmer remains one of the more baffling chapters in modern finance, is a regular fixture on X, where he delights in posting memes and droll commentary on the absurdities of geopolitics, economics, and the crypto space. Known to his followers as “Shibetoshi Nakamoto,” a name that drips with the kind of irony only a man who once created a cryptocurrency based on a dog could muster.
Today, Markus took to X to address the recent crypto market crash, a calamity so profound it has erased $150,000,000,000 from the digital ledger of human folly. Bitcoin, that paragon of stability, plummeted while gold, the eternal skeptic’s refuge, soared to new heights.
$150 billion gone from crypto market, Markus shares take
Shibetoshi Nakamoto, ever the master of sardonic quips, delivered his usual repertoire of dark humor. This time, he managed to outdo himself by responding to Polymarket’s grim tally of $150 billion lost with a single, chilling “Oh.”
oh
– Shibetoshi Nakamoto (@BillyM2k) January 21, 2026
This was precipitated by Bitcoin’s descent below $90,000, a level so low it would make a seasoned trader weep into their morning coffee. Meanwhile, gold, that steadfast relic of pre-digital optimism, climbed to $4,800 an ounce, leaving crypto whales to weep into their liquidated positions. The market, as ever, was a bloodbath of epic proportions.
Markus, who holds less than one Bitcoin and a smidgen of Dogecoin, has long dismissed altcoins and meme coins as frivolous pursuits. “They can be created in a day,” he once remarked, a statement that sounds less like a warning and more like a personal vendetta against his own legacy. Despite fervent pleas from the community, he vows never to create another meme coin, a promise as likely to hold as the value of a Bitcoin in a bear market.
Strategy buys mammoth Bitcoin portion
While the rest of the world scrambles to sell, some brave souls-or perhaps just the particularly masochistic-continue to bet big on Bitcoin. On Tuesday, Strategy, the self-proclaimed titan of crypto treasuries, announced the purchase of 22,305 BTC, a move that would make even a seasoned investor question their life choices. At $95,284 per coin, this acquisition cost a mere $2.13 billion, a sum that would buy a small island in the Bahamas-or, apparently, a lot of Bitcoin.
Strategy has acquired 22,305 BTC for ~$2.13 billion at ~$95,284 per bitcoin. As of 1/19/2026, we hodl 709,715 $BTC acquired for ~$53.92 billion at ~$75,979 per bitcoin. $MSTR $STRC
– Michael Saylor (@saylor) January 20, 2026
As of now, Michael Saylor’s company holds 709,715 Bitcoin in total-a collection that could, if sold at today’s price, fund a modest island nation. Or perhaps just a very expensive poker game.
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2026-01-21 16:59