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In his newest Greed & Concern observe on Friday, Jefferies’ Christopher Wooden raised contemporary considerations, saying the emergence of quantum computing may sooner or later put Bitcoin’s total system in danger, prompting Wooden to exit his BTC allocation, shifting funds to gold and silver.
Wooden doesn’t consider the quantum difficulty will considerably have an effect on BTC costs within the close to time period.
Nevertheless, he believes that the “retailer of worth” idea is clearly on a much less strong basis from the view of a long-term portfolio.
Bloomberg studies that Christopher Wooden, international head of fairness technique at Jefferies, has eliminated a ten% Bitcoin allocation from his mannequin portfolio, citing considerations that advances in quantum computing may undermine Bitcoin’s long-term safety and its function as a retailer of worth…
— Wu Blockchain (@WuBlockchain) January 16, 2026
Bitcoin’s safety is predicated on cryptographic algorithms, that are safe in opposition to typical computing energy. Nevertheless, quantum computer systems may simply reverse engineer non-public keys from public ones, threatening the system’s integrity.
The potential for quantum computer systems to compromise Bitcoin’s safety has intensified in latest months. Specialists consider a working quantum pc may arrive in just some years.
Jefferies Drops Bitcoin Allocation For Protected-Haven Belongings
Wooden, Jefferies’ international fairness strategist, has eliminated a ten% Bitcoin allocation from his mannequin portfolio, Bloomberg reported. Wooden cited the chance that quantum computing may undermine BTC’s cryptographic safety as the rationale to shift focus to conventional safe-haven belongings.
Wooden is reallocating the Bitcoin portion equally to gold and gold-mining shares. This represents a whole reversal of his earlier bullish stance on Bitcoin.
Purchase gold, promote Bitcoin: Jefferies’ Chris Wooden explains his large guess of 2026 https://t.co/Jiibrm85SV pic.twitter.com/0VjJUE4dpH
— Alok Jain ⚡ (@WeekendInvestng) January 16, 2026
The reallocation is predicated on long-term safety considerations moderately than short-term efficiency metrics.
Wooden’s transfer has been interpreted as a sign to different institutional buyers. Bitcoin has been a significant element of long-term funding methods for some years.
This shift suggests rising skepticism about its viability as a retailer of worth.
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