Crypto Research, Markets, and Digital Assets by Adam Livingston
Adam Livingston is a Bitcoin-focused writer and analyst, widely recognized for his content under “The Bitcoin Wizard” and authoring the independently published report The Bitcoin Age. Since launching a content strategy in early 2024, Livingston’s articles and videos have generated millions of views across YouTube and Substack. A recent analysis titled “STRC Explained” received more than 73,000 views, while his breakdown of MSTY versus IMST ETFs surpassed 136,000. These resources evaluate institutional Bitcoin products, synthetic yield vehicles, and spot ETF mechanics in the U.S. market.
Livingston frequently tracks the strategic BTC acquisitions by Michael Saylor’s firm, Strategy. From late 2024 to mid‑2025, Strategy acquired approximately 285,980 BTC—more than the total number of coins mined in that timeframe—leading to what Livingston terms a “synthetic halving.” In addition to macroeconomic commentary, he uses blockchain-based metrics to highlight wallet consolidation patterns, ETF inflows, and declining exchange balances. His commentary appears in cross‑platform media roundups and Twitter Spaces with other analysts from firms like Ark and Swan. Livingston is often cited by retail allocators and independent fund managers seeking actionable insights based on real-time BTC network conditions.
Adam Livingston: Strive offers two preferred equities with different objectives
Adam Livingston explained that Strive provides two distinct preferred equities, SATS and SATA, each with fundamentally different objectives. Livingston stated that the purpose of his message was ...
Bitcoin trades at 20 oz per BTC, Adam Livingston notes
Bitcoin is currently priced at 20.0 ounces of gold per BTC, representing a 50% decline from its all-time high of 40.1 ounces in December 2024. Adam Livingston stated that every previous BTC/gold ...
Adam Livingston: JPMorgan and Fidelity examine new Bitcoin capital-market use cases
JPMorgan has formally modeled Bitcoin as potentially outperforming traditional asset classes over the long term. Adam Livingston reported that Fidelity published research describing ...
Zero NAV can still mean valuable equity at Bitcoin treasury companies, Adam Livingston notes
Adam Livingston discusses how a Bitcoin treasury company can possess zero residual net asset value (NAV) and yet maintain valuable common equity. He references Robert Merton's structural model, ...
Adam Livingston: Discussion centers on Bitcoin and digital credit developments
Adam Livingston had an in-depth discussion with Andrew Webley from The Smarter Web Company about Bitcoin and digital credit. The conversation covered key topics in the cryptocurrency space, ...
Only 19.8 percent of BTC moved in past six months, Adam Livingston notes
Adam Livingston highlights that bitcoin's active supply has been steadily decreasing. One year ago today, bitcoin reached its all-time high before dropping 53 percent in value. Despite the price ...
Adam Livingston: Bitcoin rally amplification outweighs dividend rate in treasury preferred debate
Adam Livingston raises the point that amplification during Bitcoin rallies matters significantly more than the specific dividend rate of treasury preferreds. Livingston notes that while debate ...
3M+ BTC recover from losses in 96 days, Adam Livingston notes
Adam Livingston highlights a rapid decline in the loss held by long-term Bitcoin holders. LTH supply in loss peaked at a record 7.50M BTC on June 30, surpassing the 2022 bear-market high of 6.75M ...
Adam Livingston: Bitcoin treasury debates preferred dividends and risk levels
Adam Livingston discusses the ongoing focus on Bitcoin amplification strategies, emphasizing the potential advantages while Bitcoin remains at a lower price point. He highlights that Bitcoin ...
Bitcoin may 10x in next cycle, Adam Livingston predicts
Adam Livingston highlights the potential for substantial growth in Bitcoin during its upcoming market cycle. He notes having run millions of Monte Carlo simulations to explore outcomes for ...
Adam Livingston: Bitcoin amplification outperforms if entry beats existing trend level
Adam Livingston analyzes when it makes sense to add Bitcoin amplification to a portfolio. He notes that the relative position of Bitcoin to its trend at the time of amplification, rather than just ...
Bitcoin returns can grow with amplification, Adam Livingston notes
Adam Livingston discusses how amplification mechanisms significantly drive total returns for Bitcoin holdings. He presents a hypothetical scenario in which a Bitcoin treasury company experiences ...
Adam Livingston: Bitcoin amplification metrics differ for Strive and Strategy
Adam Livingston explains that amplification metrics for Bitcoin vary between Strive and Strategy, pointing out confusion among market participants. He emphasizes that Bitcoin amplification is not ...
BTC is described as inevitable during NYC trip, Adam Livingston notes
Adam Livingston shares that he has just arrived in New York City and spotted comedian Mark Normand on his flight. Livingston expresses enthusiasm about the chance encounter and invites others to ...
Adam Livingston: Bitcoin daily DCA since January 2020 far outperformed QQQ, SPY, gold
Adam Livingston analyzed returns from a disciplined $100 per day dollar-cost averaging strategy into Bitcoin starting in January 2020, comparing the performance to similar investments in QQQ, SPY, ...
Trading in ASST and SATA up significantly since August, Adam Livingston notes
Adam Livingston reports that trading activity for ASST and SATA per Bitcoin Strive holds has surged sixfold since mid-August. The weekly average per BTC for ASST jumped from $1.6K to $11.2K, a ...
Adam Livingston: Strive now holds 25,000 Bitcoin after strong year
Adam Livingston reports that Strive now owns 25,000 Bitcoin. The update comes alongside praise for the company's team performance and mentions the continued scaling of SATA and ongoing business ...
U.S. national debt jumped from $321 billion to over $40 trillion, Adam Livingston notes
Adam Livingston highlights the dramatic growth in U.S. national debt, stating it has increased from $321 billion in 1966 to over $40 trillion. He compares this massive fiscal expansion to ...
Adam Livingston: Digital credit can grow without replacing fixed income
Adam Livingston highlights that digital credit does not need to replace traditional fixed income products to gain substantial traction. He explains that if digital credit improves portfolio ...
Strive shows stronger upside capture than Bitcoin during recent moves, Adam Livingston notes
Adam Livingston highlights that over the past month, Bitcoin recorded 11 up days and 11 down days. According to Livingston, on Bitcoin's 11 green days, BTC rose by 35.8%, while Strive's ASST ...
Adam Livingston: Bitcoin valuations will shift perceptions as prices climb
Adam Livingston draws attention to shifting perceptions of Bitcoin as its price increases. He notes that while $200,000 may initially appear extreme, this view may normalize over time. Livingston ...
