NEW: Grant Cardone says he was first introduced to Bitcoin 13 years ago when he accepted 115 BTC as payment worth about $50,000. Today, it’s worth $11 million dollars and he never sold. 🤯 H/t: @BitcoinArchive
As I've said previously -- Michael Saylor correctly front ran institutions and banks last year by advancing the $21 billion ATM program to acquire Bitcoin. His treasury is now unmatched. We are seeing the evidence of banks now. He traded overpriced shares for increased bitcoin. This was the best decision for his long term shareholders because he is building a monster (MSTR) company that will likely have a MASSIVE moat as well as an asymmetric advantage moving forward. People see share price and get confused. This was a very strategic move by Strategy to acquire the largest position before regu
JP Morgan is quietly and strategically positioning themselves to compete with Strategy's yield products. Who do you want shepherding bitcoin adoption in the financial system? Michael Saylor or Jamie Dimon? I'll give you a hint, one thinks Bitcoin is for criminals. 👇
Expert on-chain analyst, Checkmate, believes there is a high likelihood banks and sovereign nations are buying bitcoin because tens of billions of dollars are being absorbed in the spot market every week. H/t: @_Checkmatey_
Brief reminder that gold added the entire market cap of Bitcoin in a single week about a month ago. Current bitcoin market cap: $1.7 trillion. Top 5 weeks for gold below (GrokAI)
This is the Head of Strategy at Coinbase and he presents an incredibly bullish case for Bitcoin at $87,000. Not to mention Texas just bought $10M worth of BTC today. Fundamentals are stronger than ever.