BitMEX Co-Founder Arthur Hayes Sees Bullish Outlook for Bitcoin, Gold, and Stocks

BitMEX co-founder Arthur Hayes has expressed a bullish outlook on Bitcoin, gold, and stocks in light of the US Treasury's expanded debt buyback program. According to Hayes, the policy is a form of 'soft yield curve control,' which authorities use to influence borrowing costs without formally setting a yield ceiling.

The Treasury Secretary Scott Bessent has doubled the size of buybacks targeting longer-dated US government debt, injecting liquidity into financial markets and reducing pressure on bond yields. Hayes believes that this will benefit Bitcoin, equities, and precious metals as investors have greater incentive to move capital away from fixed-income securities and toward assets with limited supply.

Hayes stated, 'You're an idiot if you're not long stocks, long gold, long Bitcoin, long the market.' He pointed out that when governments suppress bond yields, a broader structural trend develops. Hayes has already adopted a high-risk positioning strategy, with significant exposure to Bitcoin and Ethereum alongside other crypto investments.