LIVE: Cerebras IPO! HIMS Earnings Reveal!!! - David Hoffman Interview TODAY...
Speakers
Thread Guy
— Crypto influencer, independent
David Hoffman
— Co-Owner & Co-Host, Bankless
Summary
Thread Guy covers market close, crypto moves, and the Zcash thesis with guest David Hoffman from Bankless. They discuss Bitcoin, altcoins like Solana and VVV, the Cerebras IPO, and read a contrasting piece on memory stocks. The stream also dives into a potential 'Roaring Kitty' hack and Leopold 13F anticipation.
- S&P 500 closes at new all-time high; semiconductors show strong performance.
- Thread Guy is long BTC and Zcash, and is watching Solana and VVV.
- David Hoffman sold a CryptoPunk to buy Zcash, citing a robust investment thesis.
- Cerebras IPO is set for Thursday with demand reportedly 20x oversubscribed.
- Michael Bur's bearish article is read; Thread Guy questions the timing of calling a top.
- Memory stocks are debated as either cyclical or structurally changed by AI demand.
- A suspected hack of Roaring Kitty's Twitter account triggers a meme coin pump.
- Leopold Aschenbrenner's 13F filing is expected Wednesday.
Ideas
Bullish on Bitcoin short-term
Bitcoin chart looks technically strong on the 4-hour timeframe, with a tight stop. He is long and sees potential upside, though conviction is limited.
VVV looks strong, watch
VVV is printing a beautiful chart and looks unbelievable. He does not explicitly enter a trade but highlights it as a coin with strong flows.
Long Zcash, holding for upside
He sold his CryptoPunk for 62 ETH to buy Zcash because the investment case is robust – privacy money that can be offered to institutional portfolios via Bitwise/Grayscale, unlike Monero. He plans to accumulate via TWAP.
Solana looks ready to breakout
Solana chart resembles Bitcoin before its breakout, and could move into 120-130 range. He considers it a decent stab if not already in other positions.
Cerebras IPO could be long
Cerebras IPO on Thursday could be an asymmetric high-risk play. He says he is down to rip some longs into it despite having no edge, purely as a speculative trade.
Up Next
This Thread Guy video, published May 11, 2026, features Thread Guy discussing BTC, VVV, ZEC, SOL, CRBS. 5 trade ideas extracted by AI with direction and confidence scoring.