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Did Michael Saylor Just Trigger the NEXT Bitcoin Supply Squeeze? | Beyond Bitcoin · Simply Bitcoin

• 0:00
  As of this recording of January 5th, 2026, while you were
• 0:03
  debating on whether you should eat that stale croissant,
• 0:06
  Michael Saylor bought more Bitcoin.
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  At this time just two years ago, Bitcoin was trading in the low
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  40 thousands. Today it hovers above 90,000.
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  And while you were spending all this time staring at the chart,
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  Michael Saylor bought more Bitcoin.
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  Totally normal. But here's something strange.
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  Miners only produce 450 Bitcoin per day, but Sailor's strategy
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  buys more than that on average. Wait.
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  That means when Bitcoin runs to six figures.
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  And it will. It won't be because your
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  neighbor finally decided to go all in for $5000.
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  It'll be because supply was vacuumed up at prices that now
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  seem cheap. And all the while, Michael
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  Saylor buys more Bitcoin. Bitcoin is no longer about
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  whether prices will go up, it's about whether you'll have access
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  when they do on oceans. This is beyond Bitcoin.
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  Oh look at that sailor just bought more Bitcoin.
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  Before we go any further, I want you to hear this directly, not
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  filtered through the headlines. Strategy recently purchased
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  another 12187 Bitcoin. That's 116 million at about
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  $90,000 per coin. This pushed their total holdings
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  to 673,783 Bitcoin. That's 3% of the entire 21
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  million supply already locked already off the market.
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  I thought Bitcoin was for everybody.
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  What are you doing hoarding all these bitcoins for yourself and
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  your company? Michael Saylor suggests the US
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  should sell all of its gold for 5 million Bitcoin again moving
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  the Overton window. I keep saying this like you guys
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  have to understand this like our job as bitcoiners is to move the
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  Overton window. So the idea of self custody
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  isn't radical. So the idea of Bitcoin isn't
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  radical so the idea of, you know, individuals holding
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  custody of their wealth isn't radical.
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  We got to keep moving that Overton window.
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  The way that we do that is by saying shit like this on TV by
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  Trump basically saying look we're going to audit the Federal
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  Reserve by Elon Musk posting that Keynes was a great evil and
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  I'm talking I'm referring to the economist right and so like this
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  is what I'm talking about right. This is what I'm talking about.
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  We have to move the Overton window here.
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  Of course sailor being extremely bullish and I mean like again
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  guys like if I would have told you two or three years ago where
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  would be today the fact that from the White House X account
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  they're basically saying like look you know the US is going to
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  be the Bitcoin capital the. Here's what matters.
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  Last year at this time strategy held 190,000 Bitcoin, but today
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  they hold, as we said, 673,783 Bitcoin.
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  That's a 3.5 X increase in Bitcoin exposure.
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  While most people are still asking what kind of cycle this
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  one was, Was it a blooper cycle, a super cycle, or a super duper
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  cycle? The world may never know.
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  But notice something important. Sailor isn't waiting for pull
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  backs anymore, he's buying into strength.
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  That tells you something critical about what he sees
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  next. You don't buy aggressively at
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  all time highs unless you believe today's price will look
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  laughably low. That's NGU in its purest form.
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  Buy. 20 or 25% of the Bitcoin network, on behalf of the US
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  government, catalyze the development of that world
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  reserve capital network, and then let all the Chinese and the
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  Russians and the foreigners sell all their other assets and buy
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  Bitcoin, and then the money flows into the United States.
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  If you want to put a great twist on it, dump your gold, sell all
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  the US gold, buy Bitcoin, then the trade is free because you
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  could buy 5 million Bitcoin for the cost of the gold.
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  You will demonetize the entire gold asset class.
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  And our enemies hold gold in their banks, so their assets
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  would go to zero. Our assets would go to $100
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  trillion and we would control the world.
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  'S reserve. Now let's zoom out.
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  ETFs weren't about validation, they were about throughput.
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  They turned Bitcoin into a financial API, which means
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  pension funds, banks, sovereign wealth funds no longer have to
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  believe in Bitcoin, they just have to allocate it.
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  Watch how fast skepticism disappears once Axis exists.
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  Take a look. I mean for for all the banks in
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  the world to embrace crypto, to embrace Bitcoin in 4 to 8 years
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  would be fast. What you see here is it's
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  happening much faster. What we've what we've seen is
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  BNY Mellon, PNC Bank, Citibank, JP Morgan, Wells Fargo, Bank of
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  America, Vanguard, all of these have flipped from a hostile,
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  negative or skeptical view to a positive view in the last 12
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  months, right? We have announcements Schwab is
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  going to custody Bitcoin and extend credit against crypto
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  assets early next year. Citi is doing the same thing.
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  It used to be I couldn't get a loan against Bitcoin from any
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  major bank. And now if I counted the top ten
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  banks in the United States, eight of them, eight of them are
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  actually engaged in crypto lending and they've all flipped
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  their stance in the last six months.
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  Here's the take away 8 of the top ten U.S. banks are now
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  involved in Bitcoin custody lending, or ETFs.
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  Banks don't do this for ideology, they do it because
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  price attracts balance sheets, and balance sheets move price.
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  Good thunk. Let's pause here for a second
• 5:36
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• 5:56
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• 5:59
  early. Redundancy Beats
• 6:01
  optimismandsat123.com is redundancy for communication.
• 6:05
  Now let's address the gas lighting.
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  Larry Fink calls Bitcoin an asset of fear.
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  But in the same breath, listen carefully.
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  This is where the narrative breaks.
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  I think we. Need to get back to what is the
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  purpose, What is the purpose of Bitcoin?
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  Then we gave the stable coin, you know, the 13 1/2 trillion
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  dollars that BlackRock manage on behalf of our clients.
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  It's basically managing hope. That's all it is.
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  I mean, why would anybody invest in a 30 year outcome unless
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  you're hopeful in 30 years you're going to have the
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  compounding effect? Bitcoin is an asset of fear.
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  And when you're less fearful, like we had a trade agreement
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  with China, you saw a shift downward.
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  There is conversations this week that there may be some type of
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  settlement in Ukraine. Bitcoin fell a little bit.
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  So you own Bitcoin because you're frightened of your
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  physical security, you own it because you're frightened of
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  your financial security. The long term fundamental reason
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  you own it because the debasement of financial assets
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  because of deficits. And so to me even the movement
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  in the last week and we've had about a 2025% drawdown and this
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  is the third time since I bet was created our ETF.
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  And so this is you see these shifts and it's they're actually
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  pretty non correlated shifts. And that's and so the role.
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  But then some people say, is that really insurance right?
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  If you had bought it at $125,000 and it's now sitting at 90 some
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  odd $1000, you're saying if you. Bought it for a trade, you know
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  it's a very volatile asset. You're going to have to be
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  really good at market timing, which most people aren't.
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  If you're buy it as a hedge against all your hope, you know,
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  then it has a a meaningful impact on a portfolio.
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  The bigger the other big problem of Bitcoin is it is still
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  heavily influenced by leveraged players.
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  It is. That's what I wanted to talk to
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  you guys about, OK? I mean that's Bitcoin, but we
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  could see because we see where the flows are coming from.
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  We're seeing more and more legitimate long only investors
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  investing in it. There was an article about a
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  foundation endowment just bought a lot of I bit, but I can tell
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  you there are a number of sovereign funds that are
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  standing by. They're adding incrementally at
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  one 2100. I know they bought more in the
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  80s. That's fine.
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  And they're establishing a longer position and you own it
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  over years. This is not a trade.
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  You own it for a purpose, but the market is heavily leveraged
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  and that's why you're going to have more volatility.
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  Bitcoin is fear. Why are nation states
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  accumulating it patiently? The truth is simple.
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  Bitcoin isn't an asset of fear, it's an asset of inevitability.
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  Institutions aren't afraid of volatility, they're afraid of
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  being late to the base layer. And late buyers don't get
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  upside, they get diluted. Now let's layer in the force
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  multiplier. Artificial Intelligence I.
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  Really made a a point to emphasize to people that AI is
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  electricity. Electricity is not an investable
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  technology the same way AI theoretically is not an
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  investable technology. I don't believe in the
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  Magnificent 7 taking in enough revenues to justify the CapEx.
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  It's not that they're going to collapse.
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  I just don't think these are growth names anymore.
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  I think they're spending an enormous amount of money.
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  So we need the narrative of those names to actually slow
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  down and then for investors to look for growth.
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  Have you had Rick Edelman on your show?
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  I have, yeah. Recently, actually.
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  So Rick talked a lot about having 10 to 40% in crypto.
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  The reason or one of the primary reasons he gave is connected to
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  artificial intelligence, which I will tell people is going to be
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  a major story next year, which is this whole thing of longevity
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  and extending people's lives. And that they need to have,
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  because of that, more money in growth parts of their portfolio,
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  which means more innovation. AI is like electricity And the
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  fact that every company, whether it's a bank, whether it's a
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  healthcare company, they'll all benefit through reducing
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  expenses. That is very powerful.
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  But there isn't an AI, there isn't a technology company.
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  In my opinion, even though people speculate on it, they'll
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  benefit. NVIDIA is a commodity company.
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  They make something that goes into to help AI go.
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  So I think your point is the most important question that
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  people probably don't think about, which is the opportunity
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  cost for people to invest in Bitcoin.
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  Anyone has two parts to it. One is price.
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  When price is going higher, everyone's happy and they're
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  buying more. When it's going down, there
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  isn't like a fundamental story that you can hang your hat on.
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  And so that scares people. Like when's it going to stop?
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  It's just kind of like in a dark room.
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  I think eventually people will be more apt to buy it because
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  they go, well, I know what's going to happen is there's going
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  to be more digital wallets created because of tokenization,
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  because of stablecoins. Once there's more wallets, it's
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  much easier for the traditional finance people to actually
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  invest in Bitcoin. The bridges that were created
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  with I bit that were created with the ETFs allowed
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  traditional finance people to invest and that's been gradual.
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  But I think over time, if people have a wallet and the speed of
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  transactions and they sell a part of their asset, they're
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  going to start to put money in. So I think Rick's timeline for
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  longevity is going to happen soon, very soon.
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  I think it becomes an investable theme this week.
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  It's actually happened in the stock market where
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  pharmaceutical names are doing phenomenally well.
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  People don't seem to notice. That's an AI story that's
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  starting to come, but I do think Bitcoin will get more as we go
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  forward. This explains why Bitcoin's
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  price pressure accelerates, not slows.
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  In an AI levered world, AI destroys margins, it shortens
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  business lifespans, and it eats innovation faster than it can
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  compound. So capital looks for something
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  that doesn't decay. What do you think Bitcoin is?
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  That's why price doesn't just go up.
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  It re prices in violent steps because once capital realizes it
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  has no alternative, it moves all at once.
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  That's how you get NGU events, not linear growth.
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  I believe that Bitcoin's greatest asset is time.
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  And I have a, something I learned in my days of, of
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  learning how to meditate, which was if you get caught in the
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  moment, which is highly emotional, you forget how long
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  the path is going to be. And that's why as a macro
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  person, I try to grab myself and say, stop worrying about whether
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  Bitcoin is 105 or 95. I know one thing, if it's at 130
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  in three months, no one's going to remember that it was at 95
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  and they're just going to be chasing it higher.
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  So let's forget about that picture and let's start thinking
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  about what will happen to all innovations.
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  So I believe artificial intelligence will disrupt every
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  single existing public company and there will be no way to have
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  a business that isn't out competed from artificial
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  intelligence. Entrepreneurs will rise, private
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  companies will rise. They'll never go public.
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  The capital structure will change.
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  And So what Bitcoin becomes in 15 years is the only thing on
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  the planet as an idea that actually has a Moat.
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  That's part of the digital economy.
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  Everything else. So if you think of what happened
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  to GameStop, well, it lost to this.
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  Every idea that is an S&P 500 name was an idea at some point.
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  It was an innovation. The lifespan of an S&P 500
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  company is shrinking every single year.
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  So I believe all innovations in time will shrink.
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  And what Bitcoin has and what it's immune to is time.
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  It will always be here. And now that it's a $2 trillion
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  asset or was, and now slightly below that, I think it has
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  achieved Moat status. And very few things in in, in
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  our lives have moats, right. Now, the part where retail still
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  underestimates this is where the game theory stops being
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  theoretical. And spotted something in the
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  mountains of Bhutan mining facilities hidden in the valleys
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  next to the hydroelectric dams. Turns out Bhutan had been
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  stacking in secret for years and now holds $1.3 billion worth in
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  Bitcoin. Daniel Batten, who researches
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  Bitcoin mining around the world, put it this way.
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  If there were a nation state exemplification of Stay Humble
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  stack sets, it's Bhutan. While El Salvador was making
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  announcements at Bitcoin conferences, Bhutan was just
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  mining. No press releases, no marketing,
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  no announcements. Because the moment you announce
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  you're stacking Bitcoin, the IMF shows up with concerns.
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  So Bhutan kept quiet. They used excess hydroelectric
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  power that would have been wasted anyway. 0 cost energy.
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  Their Bitcoin holdings now equal 40% of their entire GDP, more
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  than everything else their government owns combined.
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  Bhutan didn't buy Bitcoin for price, they mined it for
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  sovereignty. Then Pakistan announced mining
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  with 2000 megawatts of stranded energy.
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  That's 10% of the entire Bitcoin network.
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  So what's just happened in Pakistan is that Pakistan
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  announced they wanted, they had 2000 megawatts of stranded
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  energy, wasted energy that they wanted to use for Bitcoin
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  mining. So to put that in context, 2000
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  megawatts, that's 10% of the power of the entire Bitcoin
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  network. So that's significant.
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  And if Pakistan does this, then India can't ignore it.
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  So again, if Pakistan start and you will have to start and then
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  you have like the most populous country in the world who
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  suddenly has a Bitcoin strategy and then it's from there.
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  It's like. India has 1.4 billion people.
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  India represents 1.4 billion people.
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  When nations compete for a fixed supply asset price isn't a
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  guess, it's arithmetic. Every coin a nation state holds
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  is 1 you don't get to bid on later.
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  And that's not bearish, that's structurally explosive.
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  The IMF comes with austerity, it comes with predatory conditions.
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  It comes with install a Western central bank that becomes a
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  shareholder in the Bank for International Settlements.
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  It comes with take this loan and you will give it back to us and
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  you'll spend it on our products. And basically, we're just
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  printing some dollars and then giving it back to the companies
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  that's going to be getting these contracts from you.
• 16:23
  And if you don't do everything we say, we're going to tell you,
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  you have to install a liberal democracy.
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  And we want, we want to use your currency to devalue your savings
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  and steal all your assets and you're up.
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  That's what an IMF loan is. When the country's default and
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  the loans are structured so that they often will, the
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  consequences are severe. Kicker.
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  The real kicker is if they default, you have all sorts of
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  clauses which say we can build a military base.
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  Bitcoin doesn't need new believers.
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  It needs fewer sellers. And sellers are disappearing.
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  Strategy isn't selling. Banks aren't selling.
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  Nation states aren't selling. Which leaves one question if
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  everyone with a formidable size is accumulating, who do you
• 17:03
  think they're buying from? You until you're gone?
• 17:05
  This cycle doesn't end with the top.
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  It ends with a supply shock. And price doesn't ask for your
• 17:10
  permission. It's not a a fear I have.
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  I think that every single new participant just makes the
• 17:15
  entire network better and more successful and empowers every
• 17:20
  other type of bitcoiner. So you've now been through your.
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  First full 4. Year cycle the.
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  Highs. The lows.
• 17:29
  What's your biggest lesson that you took away from the bear
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  market? I think the lesson of Bitcoin is
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  Bitcoin is the best asset. There is no second best asset.
• 17:43
  Buy Bitcoin. Keep buying Bitcoin.
• 17:47
  Don't sell the Bitcoin. Ignore the noise.
• 17:51
  In the words of Michael Sailor, ignore the noise.
• 17:54
  One last thing. Information alone doesn't change
• 17:56
  outcomes, but networks do. Club Orange connects Bitcoiners
• 17:59
  in the real world not to argue, but to build local meetups,
• 18:03
  trusted circles, people who understand what's happening
• 18:06
  before the headlines. In a supply driven game, who
• 18:09
  you're connected to matters. Club Orange is where Signal
• 18:12
  lives offline. Bitcoin isn't waiting for you
• 18:14
  and the price will move and the supply will vanish.
• 18:17
  The only question left is whether you've moved first.
• 18:20
  There is no second best. Thank you so much for watching
• 18:22
  this video. If you like what you see and you
• 18:24
  want to see more, make sure you hit that like button below.
• 18:26
  Or you can subscribe to the Simply Bitcoin channel for more
• 18:28
  content like this. We're coming out with it every
• 18:30
  single day of the week. Also, do not forget to hit that
• 18:32
  notification bell imotions. This is beyond Bitcoin.
• 18:36
  Until next time.