Corvus

The biggest Bitcoin story isn’t the crash. It’s what happened during the crash. Strategy just suggested they could raise enough capital to buy 1,100,000 MORE Bitcoin. Think about that. Then it got even crazier. According to Strategy CEO Phong Le… they believe they could out-raise SpaceX’s $80 billion IPO. Not a startup. Not a crypto company. SpaceX. One of the most valuable private companies on Earth. Let that sink in. More Bitcoin than most nations could ever hope to acquire. And that’s on top of the 843,706 Bitcoin Strategy already owns. During a crash. While the market was panicking… one of the largest Bitcoin holders on Earth was discussing its next phase of accumulation. That’s the disconnect. Most people see a falling price. The biggest buyers see a growing opportunity. And Strategy isn’t the only one. Treasury Secretary Scott Bessent says the Strategic Bitcoin Reserve is moving forward. The United States already holds 329,693 Bitcoin. And the new bill calls for acquiring 1,000,000 MORE. UAE sovereign funds now hold more than $1 billion worth of Bitcoin. Charles Schwab, which oversees roughly $12.6 trillion in assets, is expanding its Bitcoin framework. Meanwhile, the first Federal National Mortgage Association-backed mortgage using Bitcoin just closed. The buyer kept their Bitcoin. They didn’t liquidate. They didn’t sell. They bought the house and kept the asset. Think about what all of this means. The doors keep opening. The buyers keep arriving. The supply stays the same. And yet the conversation is still dominated by price. That’s why so many people keep getting Bitcoin wrong. They focus on the chart. They ignore the trend. Because the trend isn’t about price. The trend is about ownership. Who is getting the Bitcoin? Who is keeping the Bitcoin? And who is trying to acquire more? That’s where the real story is. The recent ETF outflows have convinced many people that demand is fading. But another explanation is emerging. Capital isn’t disappearing. It’s rotating. Some investors are chasing AI stocks. Others are chasing short-term narratives. Meanwhile, the strongest Bitcoin buyers continue accumulating. That’s why every major correction creates confusion. People assume lower prices mean lower conviction. Often, the opposite is true. The weak hands leave. The strongest buyers get more aggressive. And that’s exactly what we’re seeing now. Because if Strategy is seriously discussing raising more capital than SpaceX… during a selloff… what do you think happens when the panic ends? What do you think happens when institutions, governments, corporations, and sovereign funds all start competing for the same finite asset again? Because Bitcoin’s supply didn’t increase. The crash didn’t create more Bitcoin. It only changed who was willing to sell it. And that’s why this story matters. Not because Bitcoin fell. Because some of the biggest buyers in the world still want more. A lot more. So here’s the question: If Strategy can raise enough capital to buy over 1,100,000 MORE Bitcoin… who exactly plans to sell it to them?

@Cointelegraph If that were the case, they would be selling off other things, too, like gold.

🚨 INSIGHT: Jeff Park says Bitcoin’s sell-off may be driven by investors rotating capital into hot private-market AI bets like SpaceX and Anthropic.

@TheBTCTherapist @KobeissiLetter It sucks a lot more if you talked a load of people into buying too.

If you bought bitcoin, crypto or mstr in the last year instead of AI you got absolutely destroyed by some of the biggest names. I’m one of those people. Credit: @KobeissiLetter

@BitcoinMagazine @BitcoinMagPro It was 11 yesterday. That is a 9% gain for the day!

JUST IN: The Bitcoin Fear & Greed Index is now deep in "Extreme Fear" 👀 Dips like this are where legends are made ✊

@coinbureau So JPM are buying the dip?

🚨JPMORGAN: CLARITY ACT WINDOW IS NARROWING JPMorgan says the timeline for passing the crypto market structure bill this year is getting tighter. Analysts point to the approaching U.S. midterms, the stablecoin yield debate, and remaining legislative hurdles.

@KobeissiLetter @saylor didn’t cause a crash. MSTR is leveraged BTC. If MSTR was the problem, it would have crashed 30–40%. Instead, it fell roughly in line with BTC. For a leveraged BTC stock, that is actually relative strength. Normally, MSTR falls harder.

It's official. MicroStrategy, $MSTR, is now facing its biggest unrealized loss in history, at -$10.8 billion. In other words, after 6 years of buying Bitcoin, the company is now down -17% on its position. By comparison, the S&P 500 is up +116% over this same timeframe. Since MicroStrategy sold 32 Bitcoin at $77,135 per coin, their positions has lost -$11.8 billion in value. This puts MicroStrategy's stock, $MSTR, down -77% since its record high. Bear market is an understatement.

That number is much lower now because he has already retired a good percentage of the debt. By 2029, he should have zero debt on the balance sheet. And honestly, if BTC ever hits $8K, it is probably on its way to zero anyway. So for long-term $MSTR holders, the debt panic looks massively overblown.

if bitcoin reaches $8000, Michael saylor will go bankrupt

@ZynxBTC I’m wondering if this is one of those “no such thing as bad publicity” moments. STRC has been all anyone has talked about for the last couple of days. If it bounces back toward $100 and Saylor buys his next 25K BTC batch, a lot more people will suddenly understand the product.

Yesterday we were told $STRC was going to zero and it was all over for Strategy. Where are they now? The further below par the product trades, the greater the effective yield and the larger the potential capital gain on the way back up. The product is beautifully designed.

@JamesWynnReal You were right. You must have made a few hundred million on this?

Admit that I was right. At 126k. I called the top and screamed it top and bottom and backed it up. You, and countless others mocked me. Just admit I was right. Then I respect you.

@sircryptotips Online gambling is at an ATH. So he was wrong about both.

Saylor called in all the way back in 2013. Bitcoin is dead.

@Cointelegraph Strive has the cash reserves to handle FUD. Enough to pay 18 months. @saylor and $MSTR needs to build up reserves again. I think $ASST could be one of the best-performing assets of the next cycle.

🔥 UPDATE: Strive CEO Matt Cole says Strive can hold Bitcoin through 2027 without selling.

@HermesLux I went 50% MSTR and 50% ASST. There is so much upside for ASST. I went with 600-day options. @AdamBLiv has some very good videos on it.

@CorvusBTC not yet. maybe in the future.

Bought more BTC, MSTR, and MPJPY.

@TheBTCTherapist @saylor didn’t cause the dip. $MSTR is leveraged bitcoin:native if MSTR was the problem, it would have crashed 30–40%. Instead, it fell roughly in line with BTC. For a leveraged BTC stock, that is actually relative strength. Normally, MSTR falls harder.

JUST IN: JIM CRAMER REPEATS THAT “SAYLOR MURDERED BITCOIN” MULTIPLE TIMES ON CNBC THIS MORNING

If @saylor caused the bitcoin:native crash, $MSTR would be getting destroyed. It isn’t. MSTR is leveraged BTC. Normally when BTC dumps, MSTR dumps much harder. This time, they’re down almost the same. That tells you Saylor probably wasn’t the source of the panic.

Don’t wait for $40K. If you believe in $BTC, you should be buying it when it looks underpriced. You could be kicking yourself in a couple of months for not taking advantage of these prices. Everything feels a bit calmer today — for now.

@TheMoonCarl Unfortunately for @saylor, those shares belong to the shareholders. Unless he does a runner with them. I think he personally owns about 20k $BTC

Michael Saylor will be fine. When Bitcoin goes to $3 million he will be the richest person on earth, after Satoshi.

@BTCoptioneer @GiovanniIncasa I feel like a lot of this FUD came from how many open shorts there were across crypto, combined with Saylor raising too much money too quickly. It felt like they needed to slow him down.

@GiovanniIncasa $53B balance sheet. $2B yearly dividends. $MSTR will be fine for a long long time even if BTC keeps selling off.

Bitcoin won't run until Saylor's house of cards comes down first.

@PunterJeff Anyone with a brain is loading up on $ASST and $MSTR at these prices.

Interesting

@cryptorover ✋🐂 I am feeling greedy today!

✋ Raise your hand if you're still bullish on Bitcoin. Sentiment check.