Ryan Adams
๐ค SpeakerAppearances Over Time
Podcast Appearances
He thinks that we are basically down for like setting up ourselves for like another down leg and then we will kind of be in the depth of the bear and that will be just where it is.
Bitcoin has to go home.
I would also agree with that as well.
Who?
The four-year cycles.
Just shy of $3 billion, $2.85 billion.
That went underrated.
I feel like as a news that I saw on my feeds and timeline, that went underreported.
I agree.
Like, I guess we're always just used to Michael Saylor buying, but- Yeah, and we kind of forget to size the numbers, but like size, we got 2.8 billion over two weeks is, that's motion.
MicroStrategy as a brand, as a name, just wasn't known back then.
It just wasn't a big of a deal in the depth of that bear market.
I mean, the whole idea of MicroStrategy is it's like trying to make a credit engine around Bitcoin, right?
And so he has the at-the-money shares of MicroStrategy.
He has the Strife, the Strike products.
He can just sell a bunch of paper products
For Bitcoin.
Yeah, the other person buying Bitmine also bought 121,000 Ether.
Not quite $2.8 billion, just, you know, a respectable $250 million.
But it buys you more ETH, though.