JUST IN:
Tom Lee (@fundstrat)'s #Bitmine is down $8.9B on 5,416,901 $ETH ($10.03B).
Michael Saylor (@saylor)'s #Strategy is down $7.6B on 843,706 $BTC ($56.26B).
When marginal Bitcoin holders sell to chase AI he sells his BTC. This sell off has nothing to do with fundamentals of those of us who have a business built around BTC.