Episode Details
Back to Episodes
August 10: Strategy Is Selling Bitcoin While Saylor Keeps Preaching Bitcoin
Description
Bitcoin remains stuck near $65,000 while markets wait for the next major macro signal from CPI and the Federal Reserve. Matt also revisits Strategy after the company sold another 1,690 Bitcoin for roughly $108 million, questioning how the company’s increasingly complex mix of preferred dividends, cash reserves, stock issuance, debt management, and selective Bitcoin sales fits with Michael Saylor’s long-running “buy Bitcoin forever” message.
The episode also covers Robinhood expanding crypto trading in the UK, Standard Chartered projecting tokenized real-world assets could reach $4 trillion by 2030, the CLARITY Act returning for a key Senate vote in September, and the continuing fight over stablecoin yield and crypto ethics rules. Matt closes with concerns about long-term quantum security, including the possibility that an eventual quantum attack could initially look like an ordinary wallet breach rather than an obvious system-wide failure.
Happy Hodling, Everyone.
Hosted on Acast. See acast.com/privacy for more information.