
The former CEO of Binance Changpeng Zhao was recently in the news. As Bitcoin (BTC) continues its rise, fueled by growing institutional interest and the approval of Bitcoin ETFs (Exchange-traded funds), Heavy hitters like BlackRock, Fidelity, and even pension funds are allocating important capital to the world’s leading cryptocurrency.
Market sentiment appears hopeful, and retail investors are following the lead of institutional giants who now view BTC as a serious windbreak against inflation and a digital store of value.
But it is a surprising twist in the world of crypto that the Former CEO of BNB i.e Changpeng Zhao who is popularly known as CZ is not investing in Bitcoins.
What could be the reason and why he is doing so?
Changpeng Zhao , who built BNB into the world’s largest cryptocurrency exchange, is not showing any of his investments in BTC. In a world where top crypto executives often lead by example with massive BTC holdings, Changpeng Zhao's action of not investing has raised eyebrows.
A X formerly Twitter post of Changpeng Zhao showing his opinion to the public about the risks in the world of crypto.
Source- X
CZ is informing his followers on his X post where it is mentioned that “investing in crypto is risky and not investing in crypto is also risky”. There could be many possible reasons for the surprising absence of Changpeng Zhao from Bitcoin.
Changpeng Zhao has revealed that almost all of his personal net worth is held in BNB, which is the native token of Binance.
His commitment to BNB shows a strong belief in the platform he created, possibly even viewing it as a better long-term bet than Bitcoin itself.
In an earlier post on his X handle, Binance founder CZ shared a subtle yet intriguing image—a close-up of a keyboard highlighting the “Alt” key, accompanied by the caption: “Which key is available on Windows and Linux, but not on Mac?”
Source- X.
While the post may appear humorous or cryptic at first glance, it could carry a deeper message. The emphasis on the “Alt” key may be CZ’s clever way of hinting at his preference for altcoins over Bitcoin. As someone heavily invested in BNB, Binance’s native altcoin, the post might suggest his belief in the broader potential of alternative cryptocurrencies within the Binance ecosystem.
In a world where every detail matters, this simple image could be CZ’s way of nudging investors to look beyond Bitcoin—and consider the growing value and utility of altcoins.
From a broader perspective, the reason for not investing in BTC is that CZ may be reinforcing Binance’s identity as a broader ecosystem, not just a BTC getaway.
His focus seems to be growing BNB and Binance Smart Chain (BSC), which offers utility beyond Bitcoin’s store-of-value use case.
It could be another reason. Like many founders, CZ might choose not to invest in assets traded on his platform to avoid any appearance of market manipulation or personal gain influencing decisions.
Another assumption could be the ongoing regulatory scrutiny Binance has faced worldwide, including lawsuits from U.S. agencies, CZ may be avoiding holding Bitcoin to limit personal exposure or simplify his legal positioning.
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