Bitcoin News Alerts | Daily BTC News

Episode 2176: Max Keiser: JPMorgan Could Be 'Destroyed' by MSTR Short – Saylor Won't Back Down

Date: November 24, 2025
Host: Bitcoin News Alerts (JV)
Guests/Featured Voices: Max Keiser, Simon Dixon, Michael Saylor, PlanB, Gaber Gerbax, Jan Van Eck

Overview:

This episode centers on the escalating conflict between MicroStrategy (MSTR) and JP Morgan, with Max Keiser warning that JPMorgan’s short position on MSTR could backfire. Host JV explores the bullish and bearish pressures on Bitcoin, MicroStrategy’s resilience, and the broader implications of Wall Street’s evolving relationship with Bitcoin. Key topics include recent market action, PlanB's steadfast Bitcoin predictions, quantum computing security FUD, privacy coins surge, and the mounting Bitcoin community boycott against JP Morgan.

Market Watch & Bitcoiner Sentiment

[02:30–06:50]

• Bitcoin Price & Market Action:
  • Bitcoin rebounded after touching a local low of $80,000, trading around $88,600 during the episode.
  • Other notable movers: XRP up 9%, Zcash down 7%, Ether climbing 5%.
  • Crypto market cap at $2.95T; BTC’s dominance reinforced at $1.769T.
• Market Sentiment:
  • Crypto Fear and Greed Index bounced back to 19 (from an extreme low of 10 the prior week), suggesting sentiment is stabilizing.
• TA Insights:
  • On charts, host JV notes “a positive momentum being built on the hourly chart” with a target at $95,700.
  • The weekly and daily charts are showing some hope after a “bloodbath of four consecutive red candles.”
• Macro context:
  • Stronger-than-expected US job data (NFP) injects uncertainty but also fuels a bullish U.S. dollar.
  • CME data shows 78.9% probability of a December Fed rate cut, which could impact BTC price trajectory.

Key Discussions and Insights

Is Bitcoin’s Rebound Real or a Dollar Effect?

[06:50–09:28]

• Analyst Tony Severino warns the recent BTC bounce may be “amplified by the weakening dollar rather than genuine crypto strength.”
• Severino’s Bitcoin-to-Gold ratio chart points to a cycle peak in March 2025 and a potential bottom in late 2025/early 2026.

PlanB’s Stock-to-Flow Model Still On Track

[10:00-11:10]

• PlanB’s (stock-to-flow model creator) view:

“My view has not changed since 2019. ... This chart shows a 10 trillion market cap and Bitcoin at 500,000 for 2028.”
(PlanB via JV, 10:45)

• PlanB maintains his forecast of BTC at $500K by 2028, urging followers to consider the long-term thesis.

Crypto Investment Funds: Exodus and Hope

[11:12–13:32]

• CoinShares reports nearly $5B in outflows from crypto investment products over four weeks, third-largest outflow run ever.
• Recent slight inflows provide “a flicker of hope.” XRP ETPs bucked the trend with inflows, despite broader crypto selling.
• Quote:

“XRP investment products were a rare bright spot...defying the broader downturn even as the token fell 7%.”
(JV, 12:52)

Quantum Computing: FUD or Real Threat?

[13:35–19:50]

• Gaber Gerbax counters quantum FUD:

“The fact is that Bitcoin security is anchored in the hash-based proof of work, which remains quantum resistant. Quantum doesn’t break Bitcoin.”
(JV quoting Gerbax, 14:38)

• Gerbax says principal risk is ECDSA signatures (potentially quantum-vulnerable) but believes Bitcoin’s modular design allows easy upgrades.
• Dissenting voices:
  • Messari co-founders and others caution the quantum transition will be complex and take time, possibly requiring block size increases.
  • “We should take quantum hardening serious. I just don’t buy the idea that we’re close to a break… the bigger risk now is people panicked instead of looking at the actual timelines.”
    (JV, 17:30)

Privacy Coins, Zcash Surge, and Bitcoin OG Attitudes

[19:52–24:48]

• Jan Van Eck (VanEck CEO) questions BTC’s privacy and resilience to quantum attacks, suggests Zcash and similar privacy coins attract those seeking more anonymity.
• Adam Back (Blockstream): “Bitcoin is unlikely to face a meaningful threat from quantum computing for at least two to four decades.”
• Zcash recently overtook Monero as leading privacy coin by market cap.
• VanEck recommends Bitcoin for mainstream portfolios due to “global liquidity reasons” and advocates dollar-cost averaging during bear markets.

Feature Story: The MSTR vs JP Morgan Battle

[25:00–41:30]

MicroStrategy: Losing Ground or Unwavering Conviction?

• MSTR Stock Performance:

  • Down 60% over the past year, 40% YTD; $300 (Oct) → $170 (now).
  • Still up 500% over five years—vastly outperforming Apple and Microsoft over similar periods.

• BTC Treasury:

  • Average cost basis ~$74,430 per BTC; currently 16% in the green.
  • On Nov 17: Acquired 8,178 additional BTC for $835M, raising total holdings to 649,870 BTC (worth nearly $56B).

• Saylor's Defiance:

  “Saylor says, ‘I won’t back down’ from a Bitcoin bet.”
  (JV [25:26])

• Potential Risks: If BTC price falls too far, MSTR forced liquidations could impact both its own stock and BTC broadly.

• Market Structure Dynamics:

  • BITM chair Tom Lee: MSTR is now the “easiest way to hedge bitcoin,” explaining why short interest is so high.

Max Keiser: JPMorgan’s Potentially Catastrophic Short

[36:10–36:40]

• Max Keiser’s viral tweet:

“Unconfirmed: JP Morgan appears to have an existentially threatening short MSTR position that can potentially bankrupt JP Morgan if MicroStrategy trades 50% higher above Friday’s close. GameStop vibes intensify.”
(Max Keiser via JV, 36:13)

• Calls for coordinated action mimic GameStop saga—“Crash JP Morgan, buy MicroStrategy and Bitcoin.”

Simon Dixon: Deep Structural Analysis

[37:00–39:55]

• Simon Dixon:

  “JP Morgan vs Strategy: Both narratives...miss the structural reality of how the financial industrial complex (FIC) works. ... At the strategic level, the FIC sets the boundaries. ... The asymmetry makes MSTR exposed to the FIC weaponry...”
  (Simon Dixon via JV, 37:40 – 38:22) “MSTR is not about to collapse because the FIC does not benefit from its collapse. … The real battle is derivative-money, stock, crypto and bond printers versus Bitcoin and self-custody. … Bitcoin is the infinite game. Self-custody is how we win it.”
  (Simon Dixon via JV, 39:15–39:45)

• Key Insight: Wall Street prefers MSTR alive as a tool for “sentiment manipulation”; real sovereignty and resilience come from long-term self-custody.

Bitcoin Boycott: Dump JP Morgan, Rally Behind Saylor

• Viral movement to close JP Morgan accounts, boycott their services, and buy BTC/MicroStrategy in protest.
• Grant Cardone quote:

  “I canceled my JP Morgan account. Move the entire account to Wells and don’t use Chase credit card. ... More to come.”
  (JV, 41:05)

• Host JV: “Everyone buy like what they did with GameStop. That’s what we need to do.”
• JP Morgan’s historical dominance and reputational issues further fuel the outrage, including Epstein links.

Memorable Quotes & Moments

• Max Keiser on MSTR shorts:

  “GameStop vibes intensify.”
  (36:13)

• Simon Dixon’s macro wisdom:

  “Bitcoin is the infinite game. Self custody is how we win it.”
  (39:45)

• JV’s recurring call-to-action:

  “Stack hard. Stay sovereign. … You pick up the sats, put down the gats and pick up some bitcoin caps from my man Sergio.”
  (throughout, e.g., 06:00)

Timestamps for Crucial Segments

• Market Watch & BTC update: 02:30–06:50
• PlanB stock-to-flow thesis: 10:00–11:10
• Quantum FUD debate: 13:35–19:50
• VanEck/Privacy coins: 19:52–24:48
• MicroStrategy’s bet, MSTR vs JP Morgan: 25:00–41:30
• Max Keiser’s viral warning: 36:10–36:40
• Simon Dixon’s thread explained: 37:00–39:55

Tone & Style

The episode mixes technical market analysis, memes, and unapologetic Bitcoin maximalism (“No altcoins. Just BTC!”). JV’s commentary is impassioned and irreverent, channeling the bullish, adversarial spirit of Bitcoiners dedicated to “stackin’ sats” and exposing legacy finance manipulation.

Conclusion

MicroStrategy’s bold Bitcoin treasury strategy is a high-wire act, now caught in Wall Street’s crosshairs via JP Morgan. Keiser’s warning of a possible JPMorgan “GameStop moment” catalyzed a fractious debate about who gets wrecked if MSTR surges. Simon Dixon’s bigger-picture advice: ignore the noise, exit the legacy system by self-custody, and play the “infinite game” of Bitcoin. As always, the Bitcoin News Alerts community is encouraged to stay vigilant, self-custody, and “stack hard, stay sovereign.”