Darling, if you ever wondered why Bitcoin hasn’t sashayed up to the dazzling $150,000 mark, Michael Saylor—impeccable prophet and connoisseur of unyielding optimism—has a perfectly theatrical explanation for you. The stage, he insists, is littered with fainthearted investors making their dramatic exits while debutantes with loftier intentions are just arriving for the second act. Curtain up! 🍸
“We’re in the middle of an absolutely riveting rotation,” Saylor confided to Natalie Brunell on Coin Stories, sounding as if the financial markets were a cocktail party with the wrong sort of guests lurking near the canapés.
No Taste for Ten-Year Drama? Out You Go!
According to Saylor, a great many “non-economically interested parties” (the sort who think ‘holding period’ means waiting for your drink to arrive) are quietly bowing out. At the same time, a new cast—enthusiastic and presumably better dressed—is gliding in to take their places.
Much of the Bitcoin, he laments, “was darned carelessly left with governments, lawyers, and bankruptcy trustees”—the natural home for all things vivacious and innovative, obviously! 🕵️♂️
Trustees, Saylor says, lack that divinely rare “10-year investor mindset.” So, when Bitcoin fluttered upwards, these titans of long-term planning exclaimed, “Splendid, let’s sell!” as if attending a going-out-of-business sale at a very dull haberdashery.
“People less devoted to the long-term vision have curtsied off the stage, making room for a new brigade of investors—think ETFs and ambitious Bitcoin treasuries—eager for the next act.”
After the razzle-dazzle of its $109,000 peak pre-Trumpian inauguration (few things move markets like a new Commander-in-Chief), our dear Bitcoin took a languorous dip to $76,273 by April 9. Happily, signs of recovery soon sparkled on the financial horizon.
As of May 8, after Trump teased tariffs and presumably baffled his tailor, Bitcoin strutted back above $100,000, thrilling Saylor and his cohorts at Strategy. Their stash now sits a stately 50.27% above the average purchase price of $68,569. Quite the nest egg—555,450 Bitcoins, or roughly $57.23 billion, all tracked and counted like the finest Ming vases.
A Cabinet of Bitcoin Buffs? Heavens, Who Knew!
While spot Bitcoin ETFs swanned in with a tidy $564.7 million in inflows over five days (not the pocket change of yesteryear), Saylor confided that he isn’t astonished the US government hasn’t splurged on Bitcoin for its Strategic Bitcoin Reserve, recently conjured by Trump’s pen.
Yet, he did admit some shock at how swiftly the government’s mood shifted following Trump’s inauguration. One moment, disapproval as thick as London fog; the next, a Cabinet transformed into Bitcoin’s most excitable fan club. “Truly, I didn’t expect all the Cabinet to be so enthusiastic,” Saylor quipped, clearly bemused by their newfound zeal. Isn’t politics simply exhausting? 🎩
Read More
- Margaret Qualley Set to Transform as Rogue in Marvel’s X-Men Reboot?
- Thunderbolts: Marvel’s Next Box Office Disaster?
- DC: Dark Legion The Bleed & Hypertime Tracker Schedule
- To Be Hero X: Everything You Need To Know About The Upcoming Anime
- Clair Obscur: Expedition 33 ending explained – Who should you side with?
- Does Oblivion Remastered have mod support?
- DODO PREDICTION. DODO cryptocurrency
- Elder Scrolls Oblivion Remastered: Best Paladin Build
- Demon Slayer: All 6 infinity Castle Fights EXPLORED
- Summoners War Tier List – The Best Monsters to Recruit in 2025
2025-05-10 05:36