You Won’t Believe Why Michael Saylor Thinks Bitcoin Isn’t $150K Yet 😱

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The pale light flickers in the dim study where Michael Saylor, that unrepentant crusader eternally tormented by numbers larger than his bank account, sits pondering over the unfathomable abyss of Bitcoin’s price. The world, as usual, expects fireworks, collapse, or enlightenment—perhaps all at once. Saylor, founder of Strategy, only scoffs. “Why, you ask, did Bitcoin not ascend to $150,000, crackling with celestial thunder?” he intones, rubbing his temples. “Those who profess to be holders, as if clutching Lazarus risen from the dead, cannot resist the temptation; they sell. They sell!” He throws his hands up, as if releasing invisible coins into the void. “And yet—listen!—new fools, I mean, investors, stagger through the revolving door, staring with glassy eyes at the promised digital Eldorado.”

He poured out these disjointed truths on the Coin Stories podcast with Natalie Brunell. There was something almost Dostoevskian in his ramblings about the ‘rotation.’ “Yes, the asset rotates. Non-economically interested parties tumble out, their pockets jangling suspiciously empty.” And with a grotesque inevitability, new faces, pale but eager, replace them—drawn by the scent of electronic blood.

More Investors Entering Through Bitcoin ETFs

Saylor, with the weary resignation of a man who’s seen a thousand Rubles lost at the gambling table, notes, “These trustees, they have all the lasting power of a winter coat in June. As Bitcoin’s price soared, they cashed out. Liquidity!” he mutters, as if invoking a demonic spirit. For them, commitment evaporates quicker than vodka at a St. Petersburg wake, and exit opportunities are grabbed with all the desperation of a Dostoevsky debtor chased by creditors at midnight.

But all is not lost! New believers, less skeptical or more deranged, pile into Bitcoin ETFs. Is this a bandwagon or a tram heading for the next crash? No one knows, and Saylor isn’t telling.

Spot Bitcoin ETFs—yes, led by BlackRock’s mighty IBIT—have become the new gambling den. Over nineteen consecutive trading sessions, IBIT saw net inflows totaling $5 billion, fattening its Bitcoin hoard to a gluttonous 625,000 BTC.

🚨 Blackrock Buys 3450 Bitcoin

Now hold 625,000 Bitcoin 🔥

— Thomas Fahrer (@thomas_fahrer) May 10, 2025

BlackRock, unwavering in its obsession, stalks the ETF market like Raskolnikov eyed the pawnbroker: relentless, feverish, a bit sweaty. The result? Gold ETFs, that ancient pillar of security, cower in shame—outdone by pixels on a screen and speculative laughter echoing through the digital night.

Michael Saylor Speaks on BTC Strategic Reserves

On his latest podcast confessional, Saylor expressed his utter lack of surprise that the United States government—hardly the paragon of quick decision—has not yet filled its strategic coffers with Bitcoin. The Strategic Bitcoin Reserve, allegedly hammered into existence with Trump’s signature (gilded, presumably), remains untouched except for criminal or civil asset forfeitures. Like a Dostoevsky miser, the government clings to its stash, uncertain if it should embrace digital salvation or remain chained to old paper and gold. Meanwhile, states like Arizona and Texas, never shy about gambling, have passed bills stuffing Bitcoin into state treasuries like poker chips after a three-day bender.

Still, Saylor is a man easily surprised, especially when it comes to political inertia. “Who knew Washington could move so quickly? The Cabinet, mad with bitcoin-mania!” Perhaps they have finally found religion, or simply a new lottery ticket. The truth is, Saylor expects nothing and is shocked by everything—much like the rest of us, watching the Bitcoin price dance jaggedly above $103K, climbing with the nervous energy of a Dostoevsky protagonist peering over the edge of the abyss.

With market analysts—likely consulting tea leaves, tarot cards, and on-chain metrics—predicting a march above $109K, one is left to ponder: is this salvation, or simply more torment disguised as hope? One can almost hear the laughter of the universe—or perhaps, just Saylor giggling in the next room.

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2025-05-10 16:49