Capital markets are funding the AI buildout at historic scale: ~$400B over 6 months. Bitcoin ETFs have seen ~$4B of outflows since May 14, pressuring $BTC. This is a capital rotation, not a Bitcoin impairment. Volatility creates opportunity.
Bitcoin is a hedge against uncertainty, and the market is very certain about one thing: AI will absorb the next decade of capital, earnings growth, power demand, semiconductor demand, data-center buildout, and productivity upside. BTC crash has nothing to do with Saylor or Iran.
Bitcoin Is About To DEVOUR $300 Trillion - @Strive CEO @ColeMacro
0:00 The $3T Digital Credit Market
3:24 Why 11.5% Yield Beats Selling Bitcoin
5:17 How STRC & SATA Survived Bitcoin’s Crash
6:12 Why Institutions Want More Volatility
8:37 How To Pick Between STRC & SATA
10:13 Why Preferred Equity Wins For Bitcoin Bulls
14:21 "Products, Not Securities"
16:00 Bitcoin Crashed, Their Reserve Grew
19:44 The Bitcoin Treasury Consolidation Wave
24:05 Why Most Treasury Companies Will Fail
27:50 How Managing $70B Made Him BTC Maximalist
28:44 Calling Out The Fed To Their Face
The President’s Big Beautiful Bill, the Iran War, and Republican spending bills will create a $2 trillion budget DEFICIT in 2026.
Financing just the new debt costs more than all federal road & bridge projects, and we will be making those new interest payments each year, forever.
Strategy has completed the repurchase of $1.5 billion of its 2029 Convertible Notes at an ~8% discount to par, generating an incremental 0.7% BTC Yield and lowering aggregate debt to $6.7 billion. $MSTR $STRC https://t.co/cbx4BlpsKV
Michael Saylor knows something the rest of the world doesn’t. He’s operating on asymmetric information that you can’t even begin to imagine. He’s meeting with the most important investors in the world on a daily basis. He’s engineering the greatest trade of all time.