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Dan Morehead
Pantera Capital
@dan_pantera
Founder, Managing Partner @PanteraCapital – the first investment firm in the U.S. to launch digital currency, early-stage token, and blockchain venture funds.
Dorado Beach
panteracapital.com
Joined October 2011
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    Dan Morehead
    Pantera Capital
    @dan_pantera
    Nov 26, 2024
    Pantera Bitcoin Fund recently achieved an insane milestone – 1,000x. The post-election surge has taken the fund a further 30% higher. The Fund’s lifetime return is now 131,165%­ – net of fees and expenses. My current outlook on #Bitcoin: panteracapital.com/blockchain-let…
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    Dan Morehead
    Pantera Capital
    @dan_pantera
    Apr 13, 2021
    This is getting ridiculous. A year ago we predicted Bitcoin hitting $62,968 this week. It just did. This Bitcoin rally is EXACTLY like previous halvings. Likely to reach $115k by August. April 2020 Investor Letter: bit.ly/3dlLU6g
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    Dan Morehead
    Pantera Capital
    @dan_pantera
    Nov 24, 2021
    On average, #bitcoin has more than tripled annually for eleven years. There have been a couple bubbles, a couple bear markets, but when you look at it over a long period of time, it has remarkably stable growth. panteracapital.com/blockchain-let…
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    Dan Morehead
    Pantera Capital
    @dan_pantera
    May 5, 2020
    #bitcoin could hit $115,212 in Aug 2021 based on the change in the stock-to-flow ratio across each halving. More details here: bit.ly/3dlLU6g
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    Dan Morehead
    Pantera Capital
    @dan_pantera
    Nov 20, 2020
    PayPal+CashApp already buying more than 100% of all newly-issued bitcoins. PayPal alone likely buying all within weeks. Where would Cash App get theirs? That’s where the finite-supply, inelasticity part comes in: At a higher price. #bitcoinshortage Read:
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    Bitcoin Shortage
    From blog.panteracapital.com
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    Dan Morehead
    Pantera Capital
    @dan_pantera
    Nov 2, 2020
    Pre-halving, @CashApp was buying 20% of all newly-issued BTC. Now it’s ~40% You can go round and round with pundits on valuing #Bitcoin. One thing that is certain – when net supply goes way down – and demand is constant or growing – the price goes up. bit.ly/2TArvCt
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    Dan Morehead
    Pantera Capital
    @dan_pantera
    May 26, 2021
    Investors who sell on China “bans” usually end up bummed…
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    Dan Morehead
    Pantera Capital
    @dan_pantera
    Jun 21, 2021
    Bitcoin’s four-year-on-year return is at the lower end of its historical return. Again, doesn’t look overvalued. We think we’ve seen the most of this panic. More in our June investor letter: panteracapital.com/blockchain-let…
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    Dan Morehead
    Pantera Capital
    @dan_pantera
    Nov 27, 2024
    I wanted to share the original logic for launching Pantera Bitcoin Fund in 2013 – as it is equally compelling to me today. That first investment memo still reads well. In 2013-15 we bought 2% of the world’s bitcoins. Even after eleven years, bitcoin is **still** squeezing up
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    Dan Morehead
    Pantera Capital
    @dan_pantera
    Sep 24, 2021
    If I knew nothing about a disruptive new technology other than that China was trying to ban it – I’m buying.
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    Dan Morehead
    Pantera Capital
    @dan_pantera
    Jun 16, 2021
    For new investors, it’s best to buy when the market is well below trend. Now is one of those times. #Bitcoin has only been this “cheap” relative to its trend 20.3% of the past 11 years. More perspectives on market timing in our June investor letter: panteracapital.com/blockchain-let…
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    Dan Morehead
    Pantera Capital
    @dan_pantera
    Nov 5, 2025
    We're very excited to participate in @Ripple's $500mm strategic round alongside names like Fortress Investment Group and Citadel Securities. It's been a long and exciting journey since we first invested in Ripple out of Venture Fund I – the very first blockchain venture
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    Brad Garlinghouse
    Ripple
    @bgarlinghouse
    Nov 5, 2025
    2025, without a doubt, has been an incredible year for @Ripple, and a record year for crypto as a whole. Although we have a couple of months left, this announcement feels like the cherry on top of a mountain of good news: Today we announced a $500M investment in Ripple, from
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    Ripple, Regulation, and Real-World Utility — Framer E-Commerce Template
    From summit.panteracapital.com
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    Dan Morehead
    Pantera Capital
    @dan_pantera
    Apr 29, 2020
    #Bitcoin overtakes Gold Year-To-Date. Bitcoin was born in a financial crisis. It will come of age in this one.
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    Dan Morehead
    Pantera Capital
    @dan_pantera
    Dec 19, 2022
    Narratives being pumped out: "If you can’t trust FTX who can you trust?” "Blockchain is a failure." These are missing the point. FTX's collapse had nothing to do with blockchain tech. It’s not crypto that failed. The protocols worked perfectly. Read: panteracapital.com/blockchain-let…
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