As time horizons grow, Bitcoin losses fall off...

Probability of Positive Bitcoin Returns Per Holding Period:

•1 Day: 53.1%

•1 Week: 55.7%

•1 Month: 57.8%

•1 Qtr: 63.5%

•1 Yr: 76.5%

•3 Yr: 99.3%

•5 Yr: 99.8%

•10 Yr: 100%