Michael Saylor, the chairman of the world’s largest Bitcoin treasury firm, Strategy, has recently shared a brief story, reflecting on the tough moments in the history of the company, which have now become its strengths today. In the post, Saylor discussed how far the company has come since it continued to witness consistent market weakness,
Bitcoin’s next major leg down might not come from miners, ETF exodus, macro data, unknown large whales, or even wars and worsening economic conditions. Instead, it could be from the market’s largest and most famous corporate $BTC buyer if it indeed turns into a recurring seller, as many critics and experts fear. As such, we
SkyBridge Capital founder Anthony Scaramucci stated that he maintains his long-term optimism for Bitcoin, and explained five key reasons why he remains bullish on BTC. According to Scaramucci, Bitcoin’s most important feature is that its value cannot be diminished by any government. Arguing that Bitcoin’s 21 million supply limit is secured by code, not promises,
Daily Chart The bounce off $59,000 produced a string of higher lows on the daily chart, and the price now consolidates between $63,000 and $64,000. Trading volume spiked during the capitulation phase and has since pulled back, a pattern that often points to fading panic selling rather than fresh distribution. On the daily timeframe, resistance
A Cash-Flow Problem, Not a Crypto Problem In a podcast with journalist Laura Shin, Grayscale’s head of research (who posts on X as LowBeta) argued that Strategy’s preferred-equity obligations are best understood “as a cash flow issue, not a crypto issue,” adding: “ Bitcoin produces no yield. If the price doesn’t go up, there are
TL;DR Binance India said Bitcoin increasingly reflects broader macro market dynamics. A TradingView analyst linked the next major $BTC phase to Federal Reserve expectations and support confirmation. The article treats bold price targets as analyst commentary, not a Fed forecast. Bitcoin’s Macro Link Gets Harder To Ignore As Bitcoin has matured, its relationship with traditional
Bitcoin’s emerging digital-credit trade broke below its promise of calm this week. This week, Strategy’s STRC preferred shares fell as low as $82.50 before rebounding, while Strive’s SATA slid from around par into the low $90s and also recovered. Both products had been sold into the market as income instruments built around Bitcoin treasury companies,
Strategy’s co-founder, Michael Saylor, has cited the market drawdown his company faced in the past, yet the company didn’t sell any $BTC even when its debt exceeded its reserves. This comes amid criticism of the company’s approach to buying more $BTC using MSTR and the preferred security STRC, despite current market conditions.