Bitcoin will evolve by changing less at the protocol layer and mattering more everywhere else.
The base layer will harden.
The capital markets will deepen.
Digital Credit will expand.
The world will build on Bitcoin. $BTC
No surprise here, Saylor raised the dividend, added cash and sold some btc to make investors feel more comfortable.
This was obvious to anyone who wasn’t consuming the slop of X for the last 2 weeks.
@TheBTCTherapist Exactly 💯 @saylor is running a billion dollar company. And people were freakin' out when he sold some BTC. That's frickin' business 😅 🟠🗽
Strategy has sold 3,588 $BTC for $216 million to fund dividends on our Digital Credit securities. As of 7/5/2026, we hodl ₿843,775 in our BTC Reserves and $2.55 billion in our USD Reserves.
https://t.co/BjIBxLmI3Q
Strategy has sold 3,588 $BTC for $216 million to fund dividends on our Digital Credit securities. As of 7/5/2026, we hodl ₿843,775 in our BTC Reserves and $2.55 billion in our USD Reserves. https://t.co/Cssgz29Psj
@theRealKiyosaki Absolutely 💯 Without a mission or a purpose in life, life becomes meaningless. Without any kind of value. Have a great weekend 🙏🏻 Take care
@SimplyBitcoin One of the best channels here. Pls keep up the great work 🙏🏻Doesn't really matter to me if we get another drop to 50K. I'm gonna stack harder. I buy as much as I can.
JEFF BOOTH: "Retail is going to invest in the SpaceX IPO, take money from Bitcoin to do it, move Bitcoin to SpaceX, get flushed out while the insiders of the SpaceX IPO are going to buy Bitcoin."
Same coins. Same dollars. Opposite direction.
Wickhoff wrote this playbook in 1900. Hurley unpacks why it's still running. 👇
BREAKING: US money supply just hit $23 TRILLION for the first time in history.
M2 jumped $247.8 billion in May alone, the largest monthly increase since May 2021.
YTD, M2 has expanded by nearly $700 billion, the fastest pace in 5 years.
Since 2020, the money supply has grown $8 trillion, a 50% increase in 6 years.
Money market funds just hit $7.7 trillion, up 47% in two and a half years.
Five asset managers, Fidelity, Schwab, JPMorgan, Vanguard, and BlackRock, control 71% of that growth.
The last time M2 expanded this aggressively was 2020-2021, which was followed by the largest bull market in stocks, real estate, and crypto in modern history.
The Fed is still holding rates high and has not cut. More money in the system while rates stay elevated creates a tension.
If rates eventually fall, that $7.7 trillion in money market funds becomes expensive to hold, and some portion of it will move into risk assets.
Whether that drives another major rally or gets absorbed by inflation depends on how the Fed responds over the next 6 to 12 months.
JUST IN: $383 million Miller Value Partners tells CNBC that the fundamental case for Bitcoin "has never been stronger" 👀
“Bitcoin is a hedge against” an inflationary debt spiral 🚀
Strategy is dominating 2026.
First half of these fiscal years in Bitcoin acquired:
2026: 174,863 BTC
2025: 150,925 BTC
2024: 37,181 BTC
2021: 34,614 BTC
2023: 19,833 BTC
2022: 5,307 BTC
Now add the capital cannon:
2021: $1.612B deployed, ~$13.0M per trading day
2022: $225M deployed, ~$1.8M per trading day
2023: $526M deployed, ~$4.2M per trading day
2024: $2.433B deployed, ~$19.6M per trading day
2025: $14.553B deployed, ~$119.3M per trading day
2026: $13.670B deployed, ~$111.1M per trading day
Everyone remembers the 2021 “Michael Saylor is buying Bitcoin” era. Cute.
H1 2026 alone acquired roughly 5.1x more Bitcoin than H1 2021.
And 2025 + 2026 together acquired 325,788 BTC in their first halves.
That is a capital markets machine turning public securities into Bitcoin at industrial scale.
Manufacture instruments, absorb fiat demand, expand the balance sheet, and convert the dying monetary layer into scarce digital capital.
2021 was the proof of concept.
2024 was the restart.
2025 was the acceleration.
2026 is the machine eating the timeline.
In a bear market.
You are not prepared for what is to come.
"270,000 Bitcoin accumulated by whales at $59,000. The largest single accumulation spike ever recorded onchain. Bigger than the COVID bottom. Bigger than the FTX bottom"
"ETF outflows hit $4.5 billion in June. But the smart money, the whales who sold above $120,000, are now buying back in the largest size ever"
"This is something we tend to see at the bottom of markets and not at the top"