Strategy buys 1 Billion $ worth last week

And is now starting their weekly buys now

American #bitcoin is now over 5000

Sadly gamblers are getting liquidated every few hours for billions of dollars

Outweighs all the spot buys at moment

I have no idea where gamblers get all their money from, you’d think humanity would of run out of wasteful cash

Guess not

The basis trade is upwards and soon….. depends who wants to hang on at this point

Lots of retail want Bitcoin out of their lives and thoughts

It’s the hardest investment on the planet

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Discussion

“It’s the hardest investment on the planet”

Resonates strongly

The key is getting deeper into the value proposition, which is only possible when you ask “what is money”

A key issue is large bitcoin entities pushing gambling

Someone like Bitcoin Magazine and similar reach entities post a lot about Kalshi and Polymarket

Encouraging gambling or even side gambling in Bitcoin

Everyone with $5 goes 100x leverage and doesn’t care if they lose it, then wonder why their main stack is down 30%

A lot of holders and also hitting the 100x on $10 tether Bitcoin gambles

This needs to be addressed somewhere