Key Insights:
MicroStrategy's $8B+ unrealized #BTC profit holds strong despite market swings
Bitcoin's 24/7 liquidity forces short-term correlation with risk assets (but no long-term link)
GameStop joins corporate BTC$BTC adoption wave after policy shift
Why Bitcoin Moves With Stocks (For Now)
📊 "BTC trades like a risk asset because it's the most liquid 24/7 asset—not because it's fundamentally tied to markets," argues Saylor.
💡 Translation: Panic sellers dump what's easiest to sell, not what they should sell.
Corporate Bitcoin Arms Race Heats Up
🦍 GameStop quietly laid groundwork for BTC treasury:
1. Updated investment policy to hold Bitcoin
2. Raised $1.5B via convertible notes (part earmarked for BTC)
3. Saylor publicly nudged CEO Ryan Cohen: "It's on sale"
Price Check:
📉 BTC dipped to $81.5K post-Trump tariffs (now ~$82.880K)
💎 MicroStrategy's 214K BTC stash remains untouched—with plans to raise $42B more for accumulation
The Big Picture:
"Volatility is the price of usefulness" — Saylor's mantra as corporations treat BTC as the new T-bill.