Macro Analyst Luke Gromen's Bitcoin Holdings Questioned Amid Social Media Speculation

A recent tweet by prominent crypto entrepreneur Vinny Lingham has sparked discussion regarding the Bitcoin holdings of well-known macroeconomist Luke Gromen. On December 3, 2025, Lingham posted, "> I just heard that @LukeGromen, a long-time BTC macro bull, has sold all (most) of their BTC. Luke - would appreciate you sharing your view here." The tweet suggests a significant shift for Gromen, founder of Forest for the Trees (FFTT), who is widely recognized for his long-standing bullish stance on Bitcoin and his "debasement trade" thesis.

However, recent public statements from Gromen appear to contradict this claim. In a November 3, 2025, interview, just weeks before Lingham's tweet, Gromen explicitly stated that both gold and Bitcoin constitute his two largest personal investment positions. This indicates that, as of his last public commentary, he had not divested from the digital asset.

Gromen has consistently articulated a macro outlook centered on the "debasement trend," arguing that ongoing fiscal challenges in the United States necessitate a shift towards hard assets. His analysis, shared in a September 25, 2025, LinkedIn article and a November 19, 2025, video, highlights the US's precarious fiscal position, the rise of BRICS nations, and the increasing importance of gold as a reserve asset. While he acknowledges gold's immediate appeal to nation-states, he views Bitcoin as a critical longer-term beneficiary and a "digital reserve asset of the future," albeit one facing structural hurdles for institutional adoption.

He has also addressed criticisms regarding Bitcoin's lack of native yield, asserting that such critiques reflect "Western financial privilege." Gromen believes Bitcoin's non-yielding nature enhances its role as a secure store of value, contrasting it with traditional financial products where yield is inherently linked to risk. The unconfirmed report of his Bitcoin sale, therefore, stands in stark contrast to his consistent public advocacy for the asset as a core component of a resilient portfolio in an evolving global financial landscape.