Mojtaba Khamenei Inherits $7.8B Crypto War Chest Amid Tensions
The appointment of Mojtaba Khamenei as Iran's new supreme leader has sparked concerns about the country's hardline stance on the global stage. At 56, Mojtaba is the first son to succeed his father in the Islamic Republic's history.
He spent decades working behind the scenes with deep ties to the Revolutionary Guard and has now pledged full obedience from the IRGC.
The appointment comes after Ayatollah Ali Khamenei was killed in a US-Israeli airstrike, which also targeted other senior leadership figures. The strike on Feb. 28 sent oil prices surging, with Brent Crude reaching near $120 and Bitcoin briefly falling below $66,000.
The appointment has been seen as a hardline continuity signal rather than an opening for negotiation. Iranian armed forces have said they can sustain at least six months of high-intensity conflict at the current pace.