Patrick Shyu, a former tech lead at Google and Meta, has liquidated his Bitcoin holdings after suffering significant losses due to excessive leverage. Shyu revealed in a viral video that he was forced to sell his Bitcoin when its price plummeted from $120,000 to $60,000. He highlighted several concerns, including Bitcoin's lack of stable attention, the impact of the AI boom on capital allocation, and structural risks within the Bitcoin network. Despite these challenges, Shyu remains optimistic about Bitcoin's long-term potential. In related news, a Reddit post humorously depicted Michael Saylor, a prominent Bitcoin advocate, as an "investment pro" overlooking others from above. Meanwhile, a financial report revealed that Trump earned $1.4 billion from the crypto sector in his first year back in the White House, despite the "Trump Coin" he promoted dropping 97% in value. California Governor Newsom criticized Trump's crypto dealings, highlighting the financial losses suffered by investors.