This is the best possible market for NEAR.
High volatility means more trading volume. More trading volume means more revenue.
Depressed prices mean those revenues buy back more NEAR.
Give us more days like this.
We’ll keep accumulating.
This timing of this crypto crash was not a coincidence!
..it happened the PICO second the world's biggest BTC holder sold.
Michael Saylor told you to sell a kidney before you'd ever sell a single Bitcoin.
Last week, he sold Bitcoin and the market instantly nuked 20%/
Sure, it was ONLY 32 coins — $2.5M out of a ~$58B stack. A rounding error.
The real issue is WHY he had to sell.
Strategy is now underwater on its own bet (avg cost ~$75,700). The premium that powered its entire money-printing machine collapsed from 3.9x to 1x. And it's down to ~$871M in cash against a $1.7B/year dividend bill — six months of runway.
The BTC prophet broke his own commandment but it GETS WORSE...
A payment to who? 80% retail.
The people holding STRC — the "11% yield" Saylor pitched in an AI-generated early retirement ad like it's a savings account.
Which it is ABSO FK LUTELY NOT. No FDIC, no guarantee, and last but not least: it's down almost 10% from the $100 peg.
So tell me exactly WHO buys an 11% yield when the principal can drop more than that in a week? Nobody. That's a death spiral.
Now will strategy survive? Likely yes. Will STRC survive? Maybe but it wont' be popular ever again.
But the real story is the one nobody's covering. There's a ticking time bomb inside Bitcoin's actual design. A Google quantum paper this year cut the cost of cracking its cryptography by 10x. ~5.4M coins sit in wallets with exposed keys — including Satoshi's 1.1 million. The odds of "Q-Day" just got moved up to 50% by 2032. And Bitcoin has no plan.
The 4-year cycle isn't broken but the entire narrative to buy Bitcoin has immolated.
The people who told you to never sell are selling, and they have $55B more Bitcoin that could hit the markets. Let's not even discuss quantum for the sake of our sanity.
I break this entire thing down in my new video: https://t.co/05N7DnEKr6
NEAR Intents is more than cross-chain execution. It's confidential execution, powered by a NEAR private shard.
You can now go confidential on https://t.co/YBUSFVdjxE and tap into this privacy-preserving layer.
Daily Confidential TVL is growing. Be part of the renaissance.
Somewhere along the way:
$1B 🤝
$5B 🤝
$10B 🤝
Today, NEAR Intents crossed $20B in all-time volume.
Twenty. Billion.
Along the way we added new chains, new assets, confidentiality, near(.)com, and a whole lot more.
The best part?
Many of the things we're most excited about haven't even launched yet.
See you at the next milestone.