BTC

Local_Math_5512

Preferred shares go both ways. You say that he needs to raise dividends in order to keep people buying STRC, but he also has the alternative of just buying back STRC if the value of the preferred drops low enough and the outlook of BTC isn't positive. If he sell's STRC at $100 but the market values STRC at $80 for example than MSTR could essentially buy back the STRC they had previously sold at $100 for a $20 discount while simultaneously reducing the liability around there BTC holdings.

Illustrious_Ant_9242

Actually, by the time he was selling his Bitcoin, GPU mining wasn't even a thing yet. And I remember mining in 2011 with an entry level GPU which was not really worth it because it would only generate 1 BTC per week

Local_Math_5512

Exactly right. If BTC is under 40k for YEARS being the main point. If BTC is under 40k for a decade than MSTR is in trouble. If I personally thought BTC was going to stay under 40k for a decade than I would stay away from BTC, crypto, and everything in the entire industry. I don't. Investing involves risk. duh.

Zestyclose-Power-132

I don't try to be a smartass but "nearly" everything you buy or pay for is an investment what doesn't sound right to you here? Bitcoin might have a lot of philosophy behind it, it may have a lot of meanings but at the end of the day if an individual buys BTC, it is an investment for that individual.

TheresNoSecondBest

>Is it possible to use bitcoin in the dayly life? Saving in Bitcoin is "using it" too. Anyway, here's how spending bitcoin IRL looks like: https://youtu.be/Tlhvnpi2ukA I'm "using Bitcoin" almost on a daily basis. Buying groceries, paying for meals, taxis, domains/hosting, VPN... Spend and replace is usually the name of the game so no, I'm not spending bitcoin while saving in cash. If you're thinking about spending some, here are my favorite directories: http://lightningnetworkstores.com/ https://btcmap.org - awesome map, you can even add your local vendors in, once you orangepill them. https://acceptlightning.com/list.html https://spend-sats.com/ https://spendabit.co/ https://directory.btcpayserver.org/ There's also an option of buying gift cards https://thebitcoincompany.com/ https://bitrefill.com https://www.egifter.com/buy-gift-cards-with-bitcoin - this one's least fave because they use a shitty custodian for payments but are handy for a few cards. Spend and earn some sats back: https://foldapp.com - save up to 20% Starbucks, Uber, Target , whole foods , Dunkin https://www.lolli.com – save up to 30% by spending BTC anywhere but primarily USA stores https://satsback.com/stores-list - save up to 20% by spending BTC anywhere but primarily Europe stores.

Dmarine999

I sold at $80k and will rebuy at $50k. I considered selling near top but chickened out. Will have more BTC when I rebuy!

El_Thee

My old phrase key still haunts me. Back when Bitcoin was around 20 BTC for $1, I turned $10 into 200 BTC. I was too young to really understand what I had back then, and I ended up losing access to the wallet. I honestly don’t even know if it’s still sitting out there untouched online somewhere.

Angeleon-0609

Dont worry once BTC turns 18 the us government is gonna loose interest

nafnaf0

Yep, I sold all remaining BTC holdings in December 2024. It wasn't quite the peak, but since then that money has returned \~+60% in my general portfolio.

nafnaf0

It's not about inflation though. Understand that the value of BTC is based on speculation rather than practical utility or demand in real-world transactions. if you understand and accept that it is much easier to make rational decisions about buying and selling.

nafnaf0

You should set a fixed percentage of your portfolio to BTC and then periodically re-balance. That is much better than DCAing indefinitely. It forces you to automatically buy low and sell high.

nafnaf0

You say you have been in BTC for a long time, then this shouldn't surprise you. Yes, the returns from each cycle have been less, but that is expected. A lot of people are getting scared because Strategy sold 38 bitcoin last week (which is almost nothing). Everything I see, bitcoin continues to follow the 4 year cycle. Sure is changes her eand there, but it changes in small ways. There is always a new weekly narrative why it does this or that. I do think that available liquidity can effect the magnitude of the overall trends.

baIIern

I've sold my BTC during the last bear when it dropped to 42k and it went further down almost straight to 16k lol.

cocotoni

BTC is hedge against AI bubble — if it bursts there will be an excess of electric energy that can be used for mining. There is huge capital investment into electric infrastructure for the data centers that will be recovered either through AI or through Crypto.

azdcaz

People seem to be completely ignoring that leading up to this sell the BTC price had already been trending down for several months. It had also rejected off the 200 DMA prior to the sell, the price was already very likely to dump before this news. But it didn’t help.

Fraxial

Sold 30k of my AI stock today (+300% on AMD) to buy BTC. Don’t know if I’m stupid or a genius.

bbrout

Some people have sold a LOT of BTC over the last little while.

Character-Resist-961

Sure. 1. Sell BTC for fiat and spend it normally. 2. Spend BTC directly using a crypto card. 3. Convert only what you need into a stablecoin and spend with a crypto card. Personally, I prefer option 3 because it lets me keep most of my savings in Bitcoin while avoiding the short-term volatility of spending directly from my BTC balance.

Ok_Golf_6467

A 2nd sweep of the lows was likely for BTC. What's more surprising is specific AI/infrastructure alts seem to be curling up from bear market lows. I sold a good chunk of my BTC at the top of the channel and rotated into HYPE and VIRTUALS.

mushy-shart-walk

Market goes up, BTC goes down. Market goes down, BTC goes down.

Blackiris-Code

BTC is one of the worse possible choice for that. Even ETH is better.

Expensive_Special120

Nooooo institutions will never sell because they will hodl BTC forever Kek

unknowngloomth

Hahahaha. I'm down so much holding BTC and I'm not panicking like this dude. Thankfully I hold assets beyond crypto to offset my crypto losses and get enough powder to DCA this dip.

PenguinsInvading

>Let’s see what Bitcoin is doing in 2027 and 2028. My bet is by 2028 Bitcoin is well into new ATHs. It may or may not do that. Honestly I just do what my strategy is telling me to do. If it tells me it's time to buy, I'll buy. If it tells me it's time to short the market, I'll short the market. I don't like predicting stuff. Instead I have multiple scenarios if any one of them gets activated, I allocate portion of my risk for that scenario. For BTC as a whole, I'd consider buying in a consolidation zone if we hit 40-45k or lower. Anywhere else I'd need to see a reversal with confirmation according to my trading plan.

Bogdanoff_dump_it

That portfolio looks totally nuked 💥 But at least you hold some BTC, which is nice

Botlenose

This bear market was coming no matter what. Everyone is linking some event as a reason for the sell offs but BTC just moves in large cycles. Every cycle so far, people have said, this time it’s really over. Let’s see what Bitcoin is doing in 2027 and 2028. My bet is by 2028 Bitcoin is well into new ATHs.

Duckmastermind1

Average post the blud that invested 10$ he got as a Birthday gift into BTC and only now understands the asset he bought is 100% dependant from public opinion and how trendy it is

jkl2035

Feeling the same - think the sooner we start taking this serious the better for BTC/us

painfuldrp

The rich are highly manipulating the price. With the ETFs out, they can create derivatives to lower the price now. Creating an AI boom to entice people to sell BTC and buy AI is part of the manipulation In addition, the world economy is not doing well. As more things break and more people need to sell assets to cover leveraged positions or to buy regular life things, people tend to sell the most liquid assets. BTC is the most liquid asset available. This is why BTC is often known as a leading indicator to the stock market. IE we are entering a global deflationary state Also, BTC isn’t an inflation hedge. It’s a fiat debasement hedge. It’s price is highly sensitive to the amount if liquidity in the system and the velocity of money (which is low) Also, regular cycle bear market selling

paxwax2018

They thought he’d force the Fed to create a “BTC rest” that would “solve the debt”. (And fatten their bags.)

Connor09375

Why is it smart to take BTC off of exchanges?

scotyb

If BTC can't it hold stability through non turbulent times, how is it supposed to hold stability in very volatile times?

Remarkable_Scheme888

Let them chase the shiny new toy. BTC will rally back but youre right - people moving capital into other things plus it spirals as price goes lower people panic etc. It will come back but who knows when and how high? But I think it would be foolish to say BTC is dead. Just have to DCA what you can while its getting crushed. Hopefully in 2/3 years its back at ATHs

Firm_Respond_8279

Damn I just Hold BTC from 79, this post ease my pain. ROFL

stheodore1974

The retail market is full of ‘paper hands’. I’ve only held BTC since fall of 2020, never sold any. This is the way

No_Tangerine5339

AI is the flashy new thing. BTC isn't dying off because of AI. In fact, it may potentially feul increased use of BTC. No reason why both things can't exist and be functional. Think the internet and smartphones etc.

liquid_at

in regards to price, you're not wrong. Just with timing. Based on previous cycles we should hit 60k in Autumn. Then it could take up to 18 months to regain 70k. So... based on my personal expectation, 2 years from now, BTC will be at 70k again.

MuggD

It will rotate back into BTC eventually. Just forget about it for a while.

Blockchainauditor

Each hour, a block is mined approximately every 10 minutes, with a current miner fee of 3.13 BTC and transaction fees of different amounts, perhaps .02 BTC. In a day, that means there might be 6 \* 24 = 144 blocks. How does your mining rig hit ".00099" BTC "Per day"? Is it part of a mining pool. where your rig is contributing to a group and you are paid by your hashrate compared to the total contribution? Is that group really hitting consistently?

AutoModerator

Post is by: ActOpen7289 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/1tvvj1u/are_we_bottoming_out_big_pump_incoming_in_the/ Honestly feels like we might be close to a local bottom. BTC, ETH, and most of the large caps appear to be sitting right at key support levels on the weekly and monthly charts. The shakeout we saw over the last 2–3 days was pretty aggressive, but here's what caught my attention: A lot of the smaller altcoins barely even moved down. And the ones that did dip? They've already bounced back hard. To me, that's a sign that liquidity is quietly rotating into smaller caps - which historically tends to happen right before a broader market move upward. My read: we could see a strong altcoin pump soon, followed by the major coins grinding their way back toward All Time High territory. Curious what you all think though - does your analysis line up with this, or am I reading too much into it? Would love to hear different perspectives. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Week-Natural

We're catching up to the Microstrategy risk. BTC goes up and they dump, it goes down. BTC goes down and they need to dump. There's no winning in the size of MSTR

Equivalent_Menu_1096

One angle I don't see discussed much: the DeFi amplification effect. Roughly 175k WBTC and \~100k tBTC are actively used across DeFi protocols right now. Those wrapped positions represent BTC locked on L1 with ECDSA keys, but the DeFi layers on top (L2s, sidechains, lending protocols) often use different signing schemes. If a CRQC arrives before BTC completes its migration, the attack surface is not just Satoshi's coins flooding the market — it's also the systemic contagion from wrapped BTC positions getting compromised on both layers simultaneously. A quantum attacker wouldn't just steal from P2PK UTXOs; they'd target the bridges and wrappers where the economic damage propagates fastest. This is also why I think the migration discussion should include cross-chain coordination, not just L1 consensus. If BTC hardens L1 but wrapped representations on other chains remain on ECDSA, you'd have a fragmented security model. Crypto-agility at the protocol level is something newer chains already support, and it might be worth looking at for the migration path.

bbatardo

Strategy has been propping up the BTC price for awhile because their offerings have been pretty successful. It may correct itself, but right now STRC is somewhat de-pegged and not a safe place for dividends and more people pulled money out of it. If people aren't putting money in, Saylor isn't buying Bitcoin and if he isn't buying Bitcoin, who is? Not many people. While technically legal, he has been moving money around to his benefit. Sell shares, buy bitcoin, pay dividend, sell more shares because bitcoin is slightly up or stable, buy more bitcoin to keep it up. For some reason he decided to sell some and break the chain. It is probably more healthy for bitcoin in the long term, but what is he actually doing now?

Phylaras

From the capital coming in for the STRC yield. Basically, that yield works as long as BTC, in the long run, makes more. MSTR holders are participating in a strategy that captures the spread between realized gain and the cost to service the yield. So, say STRC costs 11%, but BTC gains 51%, then MSTR captures a 40% spread. That's the rough idea (details do matter).

AccomplishedCheck895

Saylor sold some... Not a good look for Mr. Laser eyes and a self-avowed BTC Maximalist.

RitchieRED

Saylor is worst thing for BTC. He turns it into a Ponzi Scheme.

JunkBondJunkie

I bought a house so I could always rent rooms for BTC or sell my honey for BTC

FlowersforAlgorand

A close friend of mine bought BTC at 50k, then eventually sold it at 100k. When he sold he told me he's staying out, and warned me that "Blackrock likes to kill things", and Bitcoin would be no exception. His belief was that the endgame with EFTs was going to be to take control of Bitcoin, and slowly limit it's potential to be a store of value. I didn't believe him then, and I still don't (at least I don't want to), but lately I'm starting to think he might have a point.

filip1299

Michael Saylor's pinned comment: "Bitcoin has won. Global consensus is that [$BTC](https://x.com/search?q=%24BTC&src=cashtag_click) is digital capital. **The four-year cycle is dead.** Price is now driven by capital flows. Bank and digital credit will determine Bitcoin’s growth trajectory. The biggest risk is bad ideas driving iatrogenic protocol changes."

77sleeper

I think this one feels bad watching BTC flounder while AI stocks 🚀. Im not going anywhere and have a grip of tech stocks, but right now watching money be down 40+% when it could be up 40+%

MeGold666

1 BTC is 1 BTC, right? RIGHT?

MeGold666

Yesterday, I waited in line at a gas station behind a very old man who was purchasing a few lottery tickets, still dreaming of becoming rich - it reminded me of people like OP, who probably bought 1 BTC or a few more and put all their hopes into becoming millionaires someday. Unfortunately, the time when Bitcoin could make you rich is gone. Now, only the rich get richer, but you can forget about 15x or even 10x returns.

four4441a

"Never come back"? Lol why do some people need to treat Bitcoin so dramatically? As if BTC is some unwritten law of the universe, or like selling makes you some kind of heretic. It's an investment. It goes up. It goes down. Maybe it'll be around in 20 years, maybe it won't. I'll probably always keep a little bit, but otherwise buying low and selling high, like anything else. Sold at 117K last year, looking forward to the lows later this year.

CapitalIncome845

>Let's say the price drops to $30,000 per BTC, Let's not and say we did.

MeGold666

The evaluation must come from something. FIAT is the most common form of money, so we can use it for evaluation. If 1 BTC is worth \~66k USD - you will get 66k USD worth of goods for 1 BTC. Saying 1 BTC = 1 BTC is pointless and not even true, because BTC lacks fungibility, and 1 BTC that is blacklisted as part of a fraud by the authorities is not worth the same as 1 BTC that was freshly mined or acquired from a certified exchange.

Phylaras

Agreed. I'd add that he even announced more than a month ago that they would sell. The goal is to deliver more BTC value, not never sell. They stated that a back then. Basically, their business model is simple. 1. STRC provides nice yields. 2. Capital comes in for the yields. 3. MSTR eventually nets more BTC with cash from 2. But he has to manage cashflow and tax efficiencies to get the best outcome at point 3.

RandomPlayerCSGO

I don't understand that, like why would you need to demonstrate that BTC is liquid? There's big sells constantly don't those prove it enough already?

jkl2035

I have around 4-6m BTC in mind Hunter Beast (author of BIP360) was mentioning

Spiritual-Will-1586

Never. BTC until I retire the family.

NebeusMarketing

Strategy sold 32 BTC while still holding 843,706 BTC, meaning the sale represented roughly 0.0038% of its total holdings. Source: [https://www.coindesk.com/markets/2026/06/01/strategy-sold-32-btc-for-usd2-5-million-in-late-may-filing-shows](https://www.coindesk.com/markets/2026/06/01/strategy-sold-32-btc-for-usd2-5-million-in-late-may-filing-shows) So I agree that the amount itself is basically irrelevant. What makes this interesting is that for years many investors treated Strategy's BTC as effectively untouchable. Now we know that, under certain circumstances, BTC can be sold to help fund preferred stock distributions. Sources: [https://www.wsj.com/finance/currencies/saylors-strategy-sells-bitcoin-for-first-time-since-2022-05a531a8](https://www.wsj.com/finance/currencies/saylors-strategy-sells-bitcoin-for-first-time-since-2022-05a531a8) That's a meaningful shift in perception. Not because 32 BTC matters. Because the market can no longer assume the answer is always "never sell."

ChangeHeroOfficial

The key point was never the 32 BTC, it was the perception shift. And that shift isn’t necessarily negative. When “never sell” becomes more flexible and structure-aware, it actually makes the whole system more mature and sustainable.

HoldCtrlW

# 1. The $124k+ Peak: Powered by Retail FOMO 🚀 Bitcoin didn't smash past $124k because of boring institutional fund flows or Wall Street suits. It was entirely driven by a massive, organic wave of retail hype, viral social media trends, and everyday investors rushing into the market. Wall Street’s ETFs were just sitting on the sidelines watching the chaos. The real engine was the collective power of millions of individual believers creating a cultural supply shock that launched us into six figures. # 2. The Correction: The Saylor Effect 📉 So, why the recent crash? Look no further than Michael Saylor selling 32 BTC. People want to claim this is "pocket change," but they completely misunderstand the psychological weight of a modern-day Maxi selling even a single satoshi. The moment the ultimate HODLer blinked, it sent shockwaves through the entire ecosystem, destroying retail confidence. This dip is the direct result of that core betrayal, while ETF inflows remained completely steady and irrelevant to the price drop. # 3. The Next Surge: The "No One is Selling" Reality 🏔️ Here is the real hot take for the next leg up: The next Bitcoin price surge will see absolutely zero sellers at the top, only frantic buyers. Why? Because the vast majority of the supply is back in the hands of diamond-handed retail natives who despise traditional profit-taking algorithms and risk-management models. Unlike corporate entities, these ideological investors will ruthlessly refuse to lock in gains, aiming instead for hyperbitcoinization. The days of predictable institutional sell-offs are fading; the next peak is going to trigger an infinite squeeze because nobody is willing to sell their hard-earned sound money. We have finally broken free from our dependence on ETFs, and this marks the beautiful rebirth of Bitcoin exactly as it was always meant to be.

baIIern

People who say that 32 BTC isn't much have no idea how a market works for such a speculative asset...

Priforss

With the purchasing power going down, it then makes totally sense to keep holding BTC. While the tech stocks numbers inflate and grow as the dollar devalues, BTC approaches its true value, denominated in dollars.

Jacmac_

The problem is that many BTC will be lost in a process conversion. Also investors in general will really start feeling threatened, they honestly should have a long time ago, but that is another story.

CODE_HEIST

This is the hard part of trading narratives. The better story is not always where capital is flowing right now. AI has momentum, earnings support, and institutional positioning. BTC may still have a strong long-term thesis, but the current setup is weaker if liquidity is rotating elsewhere. I would separate "do I believe in BTC?" from "is this the best risk-adjusted trade today?"

CODE_HEIST

The ETF outflow streak is probably the cleanest signal in that list. Price drops happen all the time in crypto, but persistent outflows plus extreme fear tells you positioning is changing, not just one headline causing noise. For trading, I would still wait for whether BTC can reclaim a level after the outflows slow. Sentiment alone is not an entry.

liquid_at

Are bitcoin holders really this desperate to get big money to pump them up? I mean.. it is not a well hidden secret that BTC will hit 60k before going back up. My personal time-line is low end of this year, followed by a slow climb over at least a year before we see 70k again. Whether Sailor buys, sells or holds, won't change much about that.

Kanakoma

I’m hoping it will drop to where I last bought it at around …£16,000. I put some money by ready to snap some up. I doubt it will go lower than that but I would buy it at 20 pence if I ever had the chance. I can’t convince people to buy it because then they might have more wealth than me and forget that I advised them to buy some back when it was not so expensive to buy whole ones. Now I buy Sats that’s Satoshi. BTC 0.001 = 100,000 Sats = £51.00 today.

Original-Read-6475

Nothing to do with cope. If you believe that SPY at it's current ATH is a better investment like OP seems to imply, then by all means go invest. The smart people invested in SPY while BTC was at ATH and no one talked about SPY

PenguinsInvading

Pretty much all the comments are bullcrap. Potential reasons for the dip: 1) Higher future ROIs are getting priced in. SP500 would've dipped as well but people are still bullish on AI especially with nVidias recent news. Brace yourself for SP500, no one can tell you when but if you saw a massive drop don't be surprised. 2) Top Iranian exchanges were sanctioned even more brutally than before 3) Conflicts on middle east *still* getting reactions even though market had become less sensitive about it. 4) BTC chart is bearish. 1 or 2 weeks ago when BTC was around 77k I posted a TA analysis of the Potential dip. You can read it here:

MadSL1m

good question but worth separating two things. Google/Microsoft 2029 is general-purpose quantum. cryptographically-relevant quantum (CRQC = enough qubits to break secp256k1) is a separate threshold, most credible estimates land 2030s+. BIP360 is the signature scheme proposal, BIP361 covers migration logistics. dev work isn't stalled, it's at Brink stage. realistic risk window is P2PK + reused P2PKH UTXOs first (\~2M BTC), not active addresses.

Electronic-Leading71

Current monetary system is fucked BTC fix it

BigBallNadal

It was an internal test to prove BTC was liquid.

Loud_Call_3187

>This is where the phrase "stay humble & stack sats" originates from. The moment you think you know what it's going to do bitcoin has a way of humbling you, aka "no one knows shit about fuck". There's some kind of weird dissonance in this sub where folks recognize there is uncertainty in BTC's future and anything can happen. But then they'll turn around and definitively assert that BTC's future is certain and the only thing that can happen is that BTC will moon - anything contrary to that narrative is dismissed as FUD

SeniorFortune3410

Now imagine putting your money into something that goes down every year (like fiat!) That is insane. People just need to realize that. BTC doesn’t lose value, it creates. Maybe if people just stop giving away their money to hedge funds, ETFs, big corporations, the stock market and banks, and instead carry BTC without thinking it’s a trading currency then you wouldn’t be crying about it here.

Reasonable-Dare-6865

BTC trades like a risk asset short term not gold , different buyer base entirely

malcador_th_sigilite

Given how BTC works there is only one actual way to address this, which has already been proposed by people in the ecosystem: - miners adopt new software supporting a PQR signature scheme - account holders submitting a TX which effectively sends their btc to a new account which uses the new PQR address THERE IS NO WAY TO SECURE EXISTING ACCOUNTS/ADDRESSES WITHOUT SUBMITTING THIS TX! This poses two problems for BTC: 1. If every active account submits this “upgrade tx”, it will saturate the mempool for YEARS 2. Addresses for which the private key(s) are lost will be vulnerable to quantum attacks The vulnerable addresses include very significant amounts of BTC, notably satoshis wallets but also other early wallets (which are currently treated as not in circulation). Imagine you are a quantum attacker, you are incentivised to compromise these wallets and sell as quickly as possible, because the moment these coins move (and especially when they sell), the race is on. Suddenly the circulating supply increases by a decent amount, devaluing all coins. Additionally, this new supply is being sold, further pushing down the price. This is why BTC is particularly vulnerable to quantum supremacy, a combination of account upgrade severely constrained by tx throughput and a very large amount of “lost” coins because of its history.

Flynn_Kevin

Saylor has said a lot of things that he walked back. Also, this isn't the first time Micro sold BTC.

InfoLib_

What value does BTC have again?

Abdul-Wahab6

Tether has never has never said they wouldn't ever sell any BTC which is why everyone is focusing on microstrategy

icantgiveyou

Imagine 1 BTC is worth 1 BTC.

SoftPenguins

Bitcoin has been going through its 4 year cycle for multiple cycles now. I’m used to it. During bear markets I usually check out and not pay attention until BTC hits the 200 week MA and I start DCAing again.

RandomPlayerCSGO

I mean he was taking debt to buy BTC, and he has to pay back that debt, so he is going to have to sell it eventually, there's no other way to pay the debt

SShiney

Strc, Sata... etc Do you even BTC? I know you actually have to have money to invest in these, so maybe the kids are glossing over them - but investors are noticing... Rusing tide

Flynn_Kevin

Everybody focused on Micro selling 32BTC. Nobody talking about Tether selling 209 BTC at the same time.

OddRecognition6214

BTC at $66.8K and Fear & Greed at 11. Sentiment is lagging price hard; the room usually gets loud right around the edges.

Sad-March-2358

Saylor selling BTC

chubs66

It is weird. I'm expecting Erh to dump when BTC dumps, but I'm expecting all talk no fees coins like ADA to dump much harder than coins collecting fees.

A1JX52rentner

Come back when BTC is at 200k and cry about how expensive it is

dripmaster6

I mean, the never sell slogan was just trendy. Eventually, MSTR will dump a whole load of BTC because taking profits, it's not like they're going to go 10+ years without selling a significant portion. This is why I was never a fan of MSTR holding so much of it.

AInception

He wants banks to hold btc in their reserves to back paper currency with. So I guess instead of banks buying gov bonds and reselling them to retail as credit/loans/currency, they'd buy BTC to do that with instead while we all pay Saylor interest for the benefit.

BlazeDemBeatz

They own 800,000 something BTC. It’s like you giving someone a nickel lol. It’s not the price or amount but just the headline itself that makes it a big deal. It says “if they’ll sell once, they’ll do it again”.

warchildm3

Major corporation holders who traditionally “hold” long term have liquidated to the tune of 32 BTC which destabilized the idea that these entities would not liquidate. Add in that interest rates are holding if not going up, more money is moving to more stable US dollar

ChangeNOW_Community

long-term holding helps, but it doesn’t remove the fact that BTC can have multi-year drawdowns

CODE_HEIST

Without knowing the exact timeframe you are watching, I would avoid turning one red move into a full thesis. BTC can fall because of failed support, risk-off flows, long liquidations, dollar strength, or simply because buyers are not defending the last level. The practical question is: did price break a level that invalidated the bullish setup, or is it still inside a larger range? That answer matters more than guessing the headline reason.

CODE_HEIST

Nobody can give you the exact bottom, and trying to trade off guesses usually makes the decision worse. I would build scenarios instead: what happens if BTC reclaims the prior level, what happens if it rejects, and where is the invalidation for each idea? "It is falling" is not enough for a trade. You still need a setup, risk level, and reason to believe the trade has room before entering.

Medium_Change4574

Are you ready to sell your kidney for BTC though?

TechCynical

Yes but with the structure of his debt it would mean that he wouldn't need to sell much of anything so soon. Which means he's likely going completely dry in actual obtainable liquidity by whatever means and future repayments of any type or even dividends are likely going to come from selling BTC. Less of an issue of investors and more of an issue of projected timeline being met right now rather than another 3 years

Medium_Change4574

Better risk/reward than BTC thanks to Saylor