2183: Saylor Builds $1.4B Cash Reserve – Analysts Warn 50% Bitcoin Crash

Summary

Podcast Summary: Bitcoin News Alerts | Daily BTC News

Episode 2183: Saylor Builds $1.4B Cash Reserve – Analysts Warn 50% Bitcoin Crash
Host: JV (Bitcoin News Alerts) w/ Fed Chair Nipinator
Date: December 1, 2025

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Episode Overview

This episode dives into a dramatic day for Bitcoin, marked by a significant price correction, intense bearish sentiment, and major market moves. Key topics include Michael Saylor’s MicroStrategy (referred to here as "Strategy") building a $1.4 billion cash reserve, warnings from market analysts about a potential 50% Bitcoin crash, institutional Bitcoin flows, a looming change at the Federal Reserve, Sony’s push into stablecoins, and macroeconomic risks from Japan. Throughout, the hosts blend raw commentary, technical analysis, and a familiar, irreverent Bitcoin-maxi tone.

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Key Discussion Points & Insights

1. Market Correction and Technical Outlook

[00:55 – 07:51]

• Bitcoin starts December with a sharp 8% drop, down $7,000 in a day, now trading near $84,600.
• Major altcoins also in the red: Ether and XRP down 10%, Cardano down 12%.
• Crypto Fear & Greed Index falls to 24 (extreme fear).
• “Just goes to show you how early we are.” – JV [03:23]
• Technical breakdowns reveal:
  • One-hour, four-hour, daily, weekly, and monthly Bitcoin charts all show severe bearishness.
  • Key downside targets: $47,500 (weekly), $49,300 (daily), and potentially as low as $40,000 per bearish analyst scenarios.
  • “Do you think we'll break below that? Do let me know.” – JV [03:17]

Notable Quote:

“Pure insanity if you’re to ask me… Only 1.6 trillion of all money is in bitcoin, and it’s the most great, great appreciating, greatest asset in humankind.”
– JV [03:23]

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2. Bearish Analyst Warnings: Bitcoin “Could Crash Another 50%”

[07:51 – 10:10]

• Technical analysts point out the MACD bearish crossover (Oct 2025) as a historic signal; in four of five prior cases, Bitcoin declined 50% from that point.
• Notable traders quoted include Peter Brandt (target: sub-$70k; worst case, $40–$50k) and Patel (retracement to low $70k).
• Recent 35% decline leaves statistically “room for an additional 25% dip” by January, with targets near $62k.
• Extreme deviation bands from Glassnode indicate Bitcoin's current price is still elevated on a historical basis.

Notable Quote:

“Personally, I don’t believe we will crash down to 40,000, but nonetheless, this is what’s in the headlines due to all the bloodshed and carnage and the wreck city of the market. So let’s entertain it.”
– JV [07:44]

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3. Institutional Flows: ETPs Rebound, But is it a Dead Cat Bounce?

[11:04 – 13:04]

• After four weeks of ETP outflows ($5.5B lost), $1B flowed in last week—led by hopes of a US interest rate cut.
• Main inflows went to Bitcoin ($464M), Ether ($309M), and a record for XRP ($289M).
• Despite inflows, BTC & ETH ETPs remain deeply negative for November.
• Major ETP providers: Fidelity’s FBTC ($230M inflows), Volatility Shares ($160M), Blackrock iBit ($120M).
• Intrigue as XRP sees massive (and rare) positive flows, possibly linked to new ETF launches.

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4. Fed Chair Musical Chairs: Is a Crypto-Friendly Pick Next?

[13:04 – 17:23]

• Prediction markets surge with odds that Kevin Hassett—former Trump advisor and Coinbase advisory board member—will be next Fed Chair.
  • Seen as "crypto-friendly," with a 7-figure Coinbase stake.
• Skepticism due to past "crypto-friendly" picks like Gary Gensler, who turned adversarial.
• Debate over whether a “crypto-literate” Fed will actually mean deregulatory benefit.
• Recent Fed moves toward a “risk-free” framework ignite political and institutional pushback.

Notable Quote:

“Crypto has been burned before by reading too much into crypto literate resumes. For example, Mr. Gary Gensler arrived at the SEC… and then misled the masses.”
– Fed Chair Nipinator [15:14]

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5. Sony Enters the Stablecoin Game: PlayStation Payments on Crypto Rails

[18:52 – 21:24]

• Sony Bank preparing to issue a US dollar-pegged stablecoin for use across Sony’s US ecosystem—especially PlayStation games, subscriptions, and anime.
• Partnership with Bastion, a US stablecoin issuer; Sony’s WEB3 arm Block Bloom aims for a broad NFT and fan engagement push.
• Separation of Sony Financial Group from Sony main helps regulatory clarity and flexibility for these ventures.

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6. Japan’s Rising Yields: Macro Threat for Crypto?

[21:24 – 24:47]

• Japanese bond yields reach levels not seen since 2008.
• This could unwind the massive global “yen carry trade,” drawing risk capital out of crypto and tech stocks.
• Macro risks highlighted: if the liquidity-fueled “boom” recedes due to rising Japanese (and perhaps global) rates, risk assets (including BTC) may be sold.
• “When the world’s creditor nation stops funding the world’s debtor nations… the entire post-2008 financial architecture must reprice.” – JV quoting a macro analyst [23:16]

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7. Feature Story: Saylor & MicroStrategy Build a $1.44B Cash Reserve

[24:47 – 30:56]

• MicroStrategy (called “Strategy”) announced a new $1.44 billion USD cash reserve, funded by selling class A common stock.
  • Purpose: Ensure at least 12 (eventually 24) months of dividends and debt interest payments without ever having to sell Bitcoin.
• Recent Bitcoin purchase: 130 BTC extra brings their stash to 650,000 BTC (about 3.1% of all ever to exist).
• “They're able to raise 1 1/2 billion dollars in nine days just by selling their common A stock MSTR and the stock right now is down 10 on the day.”
• Revised company guidance:
  • 2025 Bitcoin price estimate: $85k–110k by year-end.
  • Revised Bitcoin profit target: $8.4B–12.8B (down from $20B).
  • Revised operating income: $7B–9.5B (down from $34B).
• Saylor’s logic: avoid ever having to sell Bitcoin to fund liabilities, strengthening “diamond hands” positioning through even deeper corrections.
• Actual and potential risks discussed: market manipulation, short-term volatility, and “forces of evil” (institutional pushback).

Notable Quotes:

“Establishing a US dollar reserve to complement our Bitcoin reserve marks the next step in our evolution.”
– Michael Saylor, as paraphrased by JV [28:40]

“I mean, there you have it yo—stablecoin coming soon to the Sony PlayStation, which I guess makes sense with their ecosystem…”
– JV [21:20]

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8. Closing Tone: Bear Market Zen & HODL Culture

[32:08 – end]

• Encouragement for listeners: “Another great opportunity to stack sats. That’s the silver lining here, family.” [32:11]
• Perspective on manipulation and institutional gamesmanship.
• Ends with a high-energy, pro-Bitcoin rap from guest artist ADG: “Bang bang like a B52, we built a bitty stack…” [34:46]
• Promotes community, sovereignty, and long-term thinking despite short-term price pain.

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Notable and Memorable Moments

• Fed Chair Nipinator’s recurring comic relief and irreverent banter—channeling Satoshi, rapping, and cracking on market commentators.
• Technical breakdown across multiple timeframes: Extremely thorough but laced with sarcasm and trader speak.
• Skepticism toward mainstream analysts, regulation, and “enemy forces”: “All the forces of evil or the Jamie Demons out there…” – JV [31:46]
• Raw honesty about pain and opportunity: “You can get like 1200 sats per dollar…seize the moment or forever hold your peace.” – JV & Nipinator [32:08–32:18]

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Timestamps for Key Segments

• Market overview, correction, TA breakdown: [00:55 – 07:51]
• Bear crash analyst warnings: [07:51 – 10:10]
• ETP/Institutional flows: [11:04 – 13:04]
• Fed Chair prediction markets: [13:04 – 17:23]
• Sony Stablecoin news: [18:52 – 21:24]
• Japan macro risk/carry trade: [21:24 – 24:47]
• MicroStrategy/Saylor cash reserve, updated targets: [24:47 – 30:56]
• Bullish rap/HODL anthem: [34:46 – 37:28]

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Tone and Language

• Language: Raw, direct, Bitcoin-maximalist slang.
• Tone: Unfiltered, humorous, occasionally aggressive, but always “stack hard, stay sovereign.”

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For listeners:

If you missed this episode, here’s what you need to know—Bitcoin is in a rough correction, bears are out in force, and the macro and regulatory weather is stormy. But the Bitcoin-maxi core message holds: volatility is opportunity, sovereign stacking is a way of life, and Michael Saylor’s bold bets continue undeterred.

“Bitcoin Zen is the way to go.” [31:33]

Stack hard. Stay sovereign.

Transcript

[JV]

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[JV]

The number one Bitcoin pod. Bitcoin correcting. We just entered the December. Unfortunately bitcoin down over $7,000 on the day. In today's show, I'll be breaking down the latest TA, including analysts calling for a 50% correction from here. We did close at 9,382 for the month of the November. I'll be breaking that down for you. Crypto ETP snap four week slide with 1 billion of inflows as XRP posts is best week. Also prediction markets bet on Coinbase linked Hasset as the top Fed pick. We'll also be discussing crypto payments coming to PlayStation as Sony Plan stablecoin launch next year in 2026. Also Japan. Rising Japanese bond yields could shake the global carry trade. I'll be breaking this down. And the big news today is coming from the gigachad. Mr. Sailor as strategies just set up a $1.4 billion cash reserve, lifting their bitcoin stash to 650,000 BTC. We'll also be taking a look at the overall crypto market. All this plus so much more right here in today's show.

[Fed Chair Nipinator]

I don't like the Bears. Word up. Well, the Care Bear countdown, let's get right into it.

[JV]

If you guys are new to the Rumble important smash the likes give us a follow and hit the repost over on X. You'll notice the stream pinned to the.

[Fed Chair Nipinator]

Top of the profile today is pod number 2183.

[JV]

I'm your host JV alongside the Fed chair Nipinator.

[Fed Chair Nipinator]

And today is December 1st, 2025. Unfortunately we entered December in a December with a 8% correction. Bitcoin down 7,000 on the day we.

[JV]

Closed at 90 G's and we're going.

[Fed Chair Nipinator]

To get to the bottom of what's happening in the market right now.

[JV]

So without further ado, let's kick it.

[Fed Chair Nipinator]

Off with our market watch and you're.

[JV]

Going to notice bloodshed across the board.

[Fed Chair Nipinator]

Bitcoin down roughly 8% on the day. Trading at 84,600 at the time of alive. Ether down 10%. XRP down 10% back under $2. XRP is half the price it was in 2017. Cardano down 12%. Just bloodshed across the board. Checking out coinmarketcap.com crypto market cap all the way down to 2.92 trillion. Pure insanity if you're to ask me. Bitcoin market cap 1.688 trillion.

[JV]

It's mind boggling considering the total addressable market of the world. There's like 900 trillion. Just ballpark there. But only 1.6 trillion of all money is in bitcoin. And it's the most great, great appreciating, greatest asset in humankind. Just goes to show you how early we are. I'm just saying. And let's check out the bitcoin dominance. Let's see it's if it's increasing or decreasing considering this massive correction. Give it a second to load I guess but anyways. Top 100 crypto gainers past 24 hours. Barely anything in the green as the bulk of the market's cracking. We also have 148 billion worth of volume for the past 24 hours. Lots of liquidations occurring. And here's the dominance, same as yesterday, 58.7% ether dominance 11.6%. Checking out the crypto greed and fear index. Back in extreme fear rated a 24 today. I can almost guarantee you tomorrow it's going to drop significantly lower considering the correction. Yesterday was a 28, last week a 19 and last month a 33 in fear. Checking out the time chain calendar today is block height 926 33. And you can exchange one fiat monopoly dollar for 1181 SATS. So you know what to do. Pick up the SATS, put down the gas and pick up some bitcoin caps from a man. Sergio, cop yourself a custom bitcoin country exclusive just like this. Next up let's pull up some of the live charts. This is the one hour not looking good. You can see the massive red candles that we got. I believe it was last night we did close at 90 000. I'll be pulling that up here shortly. Obviously no bull targets on the hourly. We do Got Super Bear targets 1 at 679 again on the one hour chart. Checking out the four hour chart. As you can see in your screen, bitcoin massive correction on chart. We're descending and we're descending fast. Barely holding on to 84,000 and we hit 80 last week. Do you think we'll break below that? Do let me know. Checking out the daily, the daily chart here. Massive red candle, unfortunately, super bare target rising wedge sitting at 493 on the daily chart. Not looking good. Checking out the weekly. I mean we finally got a green candle closed, but it's not saying much because we've collectively corrected so much over the course of the past few weeks. You can see 1, 2, 3, 4, 5, 6. Five of the last six candles are in the red. And even though we had a little bit of a recovery candle close yesterday, we're right back descending even further. There is a bear scenario target at 47, 500 on the weekly chart. And checking out the monthly. This is the third consecutive red candle we've entered the SEM bear unfortunately. But you guys let me know your thoughts where you feel the pretty little bitty likely take us next. And with that being shared, let's get into the headline here. Bitcoin could crash another 50% according to these analysts. Personally, I don't believe we will crash down to 40,000, but nonetheless, this is what's in the headlines due to all the bloodshed and carnage and the wreck city of the market. So let's entertain it. In October, bitcoin's monthly moving average convergence divergence known as the MACD crossed into bearish territory for the first time in the current bull market. And since 2014, the monthly MACD has flipped red on five separate occasions. In four of those cases, analysts point bitcoin went on to record draw downs of about 50% before finding the floor. So if history is to repeat, they're ultimately saying we can crash another 50% from here. But only once in 2019 did the signal align closely with the market bottom. And even then, the price continued falling for two months after the initial crossover. Now, since the October MACD crossover, bitcoin declined roughly 35%. The indicator suggested room for an additional 25% dip by January right around the corner, placing bitcoin's next key downside target near 62 GS. That is near the 200 week exponential moving average as outlined here on the chart. And it shows you where it was for the previous bear market. 66, 300. Let me know if you think history will repeat there. A similar risk zone did appear on the long term trend charts shared by.

[Fed Chair Nipinator]

Veteran trader Peter Brandt who has been.

[JV]

Bearish on Bitcoin for quite some time. His projections indicate Bitcoin likely to drift.

[Fed Chair Nipinator]

Towards the upper boundary of a rising support channel in the sub 70,000 area. We also have another trader Patel foresaw a similar target using F Fibonacci retracement lines as shown here in the chart and this shows us a target of hitting the low 70 range. Brandt projected deeper downside target extended into the mid-40s if selling pressure accelerates or down 50% from the current levels. A double top fractal structure predicted by analyst Tracer shared a similar outcome. So there tends to be a lot of analysts right now very bearish Bitcoin's market value to realize value Extreme deviation bands indicate Bitcoin still trading well above the 0.5 ban, a level that has historically served as a gravity zone during corrective phases.

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[Fed Chair Nipinator]

2019, 2022 bear markets Bitcoin repeatedly traced to this region before establishing more sustainable bottoms according to data from Glass Node. So a similar move today would imply a downside toward 76,250 aligning closely with targets implied by Brandt and Patel. Personally I'm not a fan of Peter.

[JV]

Brandt, but they always reference him on Coin Telegraph so what the but let me know your thoughts regardless. Checking out what Plan B Shared this is the official monthly close. It was 9382 and he references mixed signals and in yesterday's TA when we discussed it I told you if we closed for the new month and week below 93,000 we'd likely continue into bearish territory in December and if we'd close above 93 that was like the line in the sand to resume the bullish continuation for the December. And unfortunately we came up short. We only closed at 90,000, meaning we started to drop before the close and then immediately after the close we started dropping like a lead balloon. So there you go yo. Next story bro. Crypto ETP snap the 4 week slide with 1 billion of inflows as XRP.

[Fed Chair Nipinator]

Post its best week well even with.

[JV]

XRP's best week, it's now sub $2. Crypto Investment Products snapped a four week losing streak drawn about 1 billion in fresh money after four consecutive weeks, losing a total of 5 1/2 billion bro.

[Fed Chair Nipinator]

The ETPS recorded a billion of inflows.

[JV]

Last week and now we just lost it all. James Butterfield, Coin Shares Head of research.

[Fed Chair Nipinator]

Attributed the rebound to optimism over the.

[JV]

Potential US interest rate cut and I.

[Fed Chair Nipinator]

Think I even saw Trump proposing they up it from a quarter point to a whole point.

[JV]

Let me know if you guys saw that. I don't know how accurate that is because you know how social media is.

[Fed Chair Nipinator]

But let me know. But anyways, yeah, the FOMC meeting around.

[JV]

The Kona the turnaround and sentiment follows.

[Fed Chair Nipinator]

The FOMC member John Williams comments stating.

[JV]

Monetary policy remains restrictive, raising hopes for.

[Fed Chair Nipinator]

An interest rate cut this month. That's right, it's now December. We will get one.

[JV]

Allegedly, Bitcoin, Ether and XRP were the.

[Fed Chair Nipinator]

Top performers of the ETP inflows last week, bitcoin leading the gains 464 million. Ether and XRP were followed with 309 and 289 million. Despite the weekly gains, both Bitcoin and Ether remain in negative territory for the month without flows of 2.8 billion and 1.4 billion, as you can see here.

[JV]

On the chart brought to you by.

[Fed Chair Nipinator]

Coin Shares, the weekly Crypto ETP flows.

[JV]

By assets as of Friday and millions.

[Fed Chair Nipinator]

Of dollars XRP funds have moved the opposite direction, recording nearly 790 million of inflows for the month, including the largest weekly inflows on record for the asset. Butterfield linked the XRP surge to recent ETF launches.

[JV]

That's right, they did just get some new launches. Regionally, the US drove inflows with almost.

[Fed Chair Nipinator]

$1 billion even amid subdued trading during Thanksgiving giving week.

[JV]

Now amongst issuers Fidelity, their product fbtc, the most hilarious ticker name of all time, recorded the largest inflows of 230.

[Fed Chair Nipinator]

Million, followed by volatility shares trust with 160 million and then black rock I bit with 120 million.

[JV]

The rebound in crypto ETPs coincide with the short term gains across the broader crypto market. We did regain 90 and we just lost practically half of that overnight as we entered the December. But there you have it. Yo, what are your thoughts with the ETPs? Do you think the institutional inflows will kick back up this month of December or do you think we'll have continued outflows resulting in the ultimate December? Let me know either way. Next story Headline here reads Prediction markets bet on the Coinbase Link Hasset as the top Fed pick I say Fed Chair Nipinator forever Laura, but that's just me. Yeah President Prediction Kalshi views Kevin Hassett, U. S. President Trump's National Economic Council director, as the favorite to replace Jay Powell as the next Federal Reserve Chair. The odds of Hassett filing the seat has spiked to 66 on polymarket, 74 on Kalshi. Hasset is widely viewed as crypto friendly thanks to his past role in the Coinbase Advisory Council, which is a disclosed seven figure stake in the exchange, and his leadership of the White House Digital Asset Working Group, founder and CEO of Wyoming based Custodia bank and prominent advocate of for crypto friendly regulation. Caitlyn Long shared the following if this comes true and Hasset does come Fed Chair Anti crypto people at the Fed who still hold positions of power will finally be out. Well, most of them.

[Fed Chair Nipinator]

Big changes will be coming to the.

[JV]

Fed, so apparently he's very pro crypto. I'll be one hun. I've never seen this guy before until just now.

[Fed Chair Nipinator]

Never heard of him. But he's an interesting looking fella, I'll leave you with that. But yeah, the odds have been spiking.

[JV]

On the prediction markets of him being.

[Fed Chair Nipinator]

The next elected Fed Chair to replace Jay Powell and Fed Chair Nip Anator. The greatest to ever do it.

[JV]

Just saying. Hasset is a longtime Republican policy economist.

[Fed Chair Nipinator]

Who returned to Washington as Trump's top economic advisor and now has emerged as the market implied front runner to lead the Fed. His financial disclosures reveal at least a seven figure Coinbase stake and compensation for serving on the Exchange's Academic and Regulatory Advisory Council, placing him unusually close to the crypto industry for a potential Fed chair. Still, crypto has been burned before by reading too much into crypto literate resumes. For example, Mr. Gary Gensler arrived at the SEC with MIT blockchain courses under his belt and and then misled the masses I mean obviously and went to.

[JV]

Preside over a wave of high profile.

[Fed Chair Nipinator]

Enforcement actions some of which critics branded as operation choke point 2.0. Clearly he was an you know enemy a bitcoin and crypto adoption in general. Hence the war on crypto with Gendler. In fact he allowed Bankman Freed to scam investors of over $10 billion. That was right under Gendler's nose and this is a fact. They had many meetings behind closed doors and if the regulator couldn't sense Bankman Freed was a scam, we're doomed. Hasset led Fed might be more open to experimentation unless reflexivity hostile to the bank crypto activity. Still the institution's mandate financial stability means markets should not assume a one way bet on deregulation anything could happen.

[JV]

The acid odds have jumped just as.

[Fed Chair Nipinator]

The Fed's own approach to bank supervision has received pushback from veterans like Fed governor Michael Barr who earned his reputation as once operation choke point 2.0 key architects and according to Caitlyn Long while he bar was vice chairman of supervision regular regulation he did Warren's bidding. That's right, everyone's least favorite Liz Warren AKA Pocahontas has made it clear he will oppose the changes made by Trump and his appointees. And on November 18th the Fed released new supervisory operating principles that shift examiners towards a risk free framework directing staff to focus on materially safety soundness risks rather than procedural or documentation issues. In a speech the same day bar worn narrowing oversight, weakening rating frameworks and making it harder to issue enforcement actions or matters of requiring attention could le supervisors slower to act on emerging risks arguing that gutting those tools may repeat pre crisis mistakes.

[JV]

Bottom line, let me know if you think this guy is going to be our next Fed chair and do you think that's a good thing for crypto holler replacing the jpow?

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[Bitcoin Enthusiast]

Borrow more money to buy more Bitcoin Then take all your time and figure out what you can sell to buy bitcoin. And if you absolutely love the thing that you're that you don't want to sell it, go mortgage your house and buy bitcoin with it. And if you've got a business that you love because your family works for the business, it's in your family for 37 years.

[JV]

And by the way, what's strategy stock selling at today? Some Someone let me know in the comments. I'm curious if it's crashing alongside the bitcoin price or if it's holding up. Let me know and I'll read that out loud when I see it. But anyways, next story. Let me know if you guys ever played PlayStation. I've been a fan of the PlayStation since it was launched. I was probably in around maybe a freshman in high school. Actually, no, I take that back. I was in middle school. I got the PlayStation. The PS2 came out I think when I was in high school. But long story short, Sony plans a stablecoin launch in 2026 furthering our topic of conversation here, Sony bank, the online leading subsidiary of Sony Financial Group, is reportedly preparing a launch a Stable coin that will enable payments across the Sony ecosystem in the U.S. sony's planning to issue a U.S. dollar peg stablecoin next year and expects it to be used for purchases of PlayStation games, subscriptions and anime content. Targeting US customers who make up roughly 30% of Sony Group's external sales. The Stable coins, expected to work alongside existing payment options such as credit cards, help and reduce fees paid to card networks.

[Fed Chair Nipinator]

Sony bank applied in October for a banking license in the US to establish.

[JV]

A stablecoin focused subsidiary and has partnered.

[Fed Chair Nipinator]

With the US stablecoin issuer Bastion, Sony's venture arm also joined Bastion's 14 million dollar raise. Now Sony bank stablecoin push in the US comes amid the company's active venture into Web3, with the bank establishing a dedicated Web3 subsidiary in June. Quoting them here Digital assets utilizing blockchain tech are incorporated into a diverse range of services and business models. Financial services such as wallets, which store.

[JV]

NFTs, crypto assets and crypto exchange providers are becoming increasingly important. The Web3 unit name block Bloom aims to build an ecosystem that blends fans, artists, NFTs digital and physical experiences and both fiat and digital currencies. The Sony Bank Stablecoin initiative follows the recent spin off of its parent Sony Financial Group, which has separated from Sony Group listed on the Tokyo Stock Exchange in September. The move was intended to decouple the financial arms, balance sheet and operations from the broader Sony conglomerate, allowing each to sharpen a strategic focus. I mean there you have it yo stablecoin coming soon to the Sony PlayStation, which I guess makes sense with their ecosystem, especially considering they sell so many things on their platform. Big headline here.

[Fed Chair Nipinator]

Rise in Japanese bond yields could shake the global carry trade let's break her down. Konichiwa. Japanese government bond yields have jumped to their highest level in decades prompting some.

[JV]

Analysts to speculate that it could be.

[Fed Chair Nipinator]

Behind the recent crypto market selloff on Sunday. Sunday funday stat sat stack And Sunday Japan's 10 year, excuse me, government bond yield hit 1.8% on Monday. That's the highest level since April of 2008. Yields in the 10 year bonds have almost doubled in Japan over the past 12 months.

[JV]

Japan's two year bond yields also hit.

[Fed Chair Nipinator]

1% for the first time again since 2008. You guys remember the 2008 financial crisis.

[JV]

Which sparked the launch of bitcoin? I do. I was in real estate back then. I'll never forget it. But anyways, while 1.86 is not substantial substantial yield from government bonds, it is significant because it marks a shift and I ain't talking Peter shift as Japan has had a very low interest rate environment for decades with negative or close to zero rates prevailing for the most part and a very stable bond market. This has encouraged institutional investors around the.

[Fed Chair Nipinator]

World to borrow low interest Japanese yen.

[JV]

To buy the higher yielding riskier assets. This strategy is known as the yen carry trade. For example trillions borrowed in yen deployed in U S treasuries, European bonds, emerging market debt risk assets everywhere. Japanese institutions hold approximately 1.1 trillion and U S Treasury securities and is the largest foreign position.

[Fed Chair Nipinator]

Interesting.

[JV]

When domestic yields rise from Nothing to nearly 2% the math changes. Capital that flowed outward for decades faces pressure to rep batriat.

[Fed Chair Nipinator]

Am I saying that right? Repatriate? I don't know this word but anyways the timing could be couldn't be worse for the U S as it comes.

[JV]

When the federal reserve terminates quantitative tightening and when the U S Treasury requires records issuance to finance 1.8 trillion worth the deficits quitting them Here. When the world's creditor nation stop funding the world's debtor nations at artificially suppressed rates, the entire post 2008 financial architecture must reprice. This could impact crypto markets in several ways. Here's how Bitcoin and crypto typically thrive in an error of ultra loose monetary policy.

[Fed Chair Nipinator]

Loose as a goose and low interest rates globally.

[JV]

So when Japan provided an abundance of cheap money through the carry trade, some.

[Fed Chair Nipinator]

Of the capital float into the riskier.

[JV]

Assets such as crypto and U S tech stocks. If that liquidity reverses and flows back to Japan, there will be less speculative capital available to the crypto markets.

[Fed Chair Nipinator]

I say it's time we summon Gohan, son of Goku. Maybe he can gather the dragon balls and summon Shenron and we can fix this. Let me know your thoughts. But quoting Wukong Defi market analyst, he.

[JV]

Says crypto is usually the first place where all of this shows up. It sits at the highest end of the risk spectrum. So even small shifts in liquidity lead to sharp moves.

[Fed Chair Nipinator]

So if the global bond markets reprice violently, investors typically flee to safety first, resulting in a sell off of all the risk assets. And people scramble for cash and liquidity. And we all know cash is trash. So when scrambling for the cash, trash. Not a good look, you know something's off.

[JV]

Our feature story of the day.

[Fed Chair Nipinator]

Here it is.

[JV]

Strategy sets up a 1.44 billion dollar cash reserve. Also lifts its Bitcoin stash to 650,000.

[Fed Chair Nipinator]

BTC, which we anticipated.

[JV]

He did post the Sailor tracker yesterday, which I pointed out in the show. So yeah, check it. Sailor Strategy, the world's largest public bitcoin holder, is creating a 1.44 billion US doll reserve to support dividend payments on its preferred stock and interest on its outstanding debt. Strategy on Monday just announced the establishment.

[Fed Chair Nipinator]

Of the US dollar reserve funded through the proceeds from the Class A common stock under the at the market offering program. Quoting the company here, Strategy's current intention is to maintain a US dollar reserve and in an amount sufficient to fund at least 12 months of his dividends. And Strategy intends to strengthen the US dollar reserve over time with the goal of ultimately covering 24 months or more of his dividends. And my understanding he's doing this so he can avoid having to ever have to be forced to liquidate his bitcoin to pay the investors whatever yields that he promised to give them through a slew of products he has launched. So that's what the cash reserve is for. And alongside the launch of the reserve Strat disclose an additional purchase of 130 Bitcoin. That's a very minuscule one for Sailor at 11.7 million, bringing its total holdings to a symbolic value of 650,000 BTC.

[JV]

And the neighborhood dogs are going wild.

[Fed Chair Nipinator]

But Nipinator Hey Ryan Reynolds here wishing.

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[JV]

You know that's the nip for you. He's in Zen mode right now channeling Satoshi. But Yeah, he acquired Mr.

[Fed Chair Nipinator]

Sailor Man.

[JV]

All this for $48.3 billion. Now according to strategies company update today, its US dollar reserve will be the primary source of funding dividends. That's what I was pointing out. So for the investors, funding dividends paid to holders of the preferred stock, debt and common equity to have to avoid. Obviously he don't want to sell his bitcoin. The update details of the 1.44 billion reserve is a strategy's enterprise value. 2.8% of the equity value and 2.4% of the Bitcoin value is outlined right here. From Strategy he they say we believe this improves the quality and attractiveness of our preferreds debt, common Equity Strategy said, adding it raised 1.44 billion and less than 9.

[Fed Chair Nipinator]

That's the mind boggling part.

[JV]

They're able to raise 1 1/2 billion dollars in nine days just by selling.

[Fed Chair Nipinator]

Their common a stock MSTR and the stock right now is down 10 on the day at a very low level. Establishing a US dollar reserve to complement.

[JV]

Our Bitcoin reserve marks the next step.

[Fed Chair Nipinator]

In our evolution, said strategy founder Mr. Sailor, adding that the new Financial tool will better position the company to navigate short term market volatility due to the excessive dog barking of the neighbors. I'm going to strike the gong to try to, you know, up their mentality and shut the up. Let's see if it works. So I know they hear that. They have very sensitive ears. Silent. Go figure. Let's see if they start barking again.

[JV]

Strategy CEO and President Fung Lee, which I watched his recent interview he did on the what Bitcoin did podcast, highlighted the company's latest bitcoin purchase made in the past two weeks. Brings its total holdings to 650000 or 3.1% of the 21 million bitcoin that will ever exist. So they actually have more than 3.1% of the total supply because we got to consider the 4 or 5 potentially 6 million bitcoin loss gone, stagnated, stalemated and which will never move ever again. So Fung Li also noted in the interview, in recognition of the importance role we play in the broader Bitcoin ecosystem and to further reinforce our commitment to our credit investors and shareholders, we have established a US dollar reserve that currently covers 21 months of dividends so they don't have to worry about paying, you know, stockholders their dividends for the next almost two years. Also strategy lowers their 2025 KPI targets alongside the reserve of 650000 BTC.

[Fed Chair Nipinator]

They significantly lowered this according to the.

[JV]

Update Strategy now expects as bitcoin yield.

[Fed Chair Nipinator]

To end the year between 22 and.

[JV]

26% with a projected Bitcoin price estimate.

[Fed Chair Nipinator]

Between 85 and 110,000 by December 31st.

[JV]

I repeat they believe Bitcoin will be.

[Fed Chair Nipinator]

Between 85,000 and 110,000 before the end of the year.

[JV]

The company has also significantly reduced its.

[Fed Chair Nipinator]

Targeted bitcoin gains cutting its previous expectation of $20 billion to a revised range of between 8.4 billion and 12.8 billion. The revised target for operating income is between 7 billion and 9 and a half billion down from the originally projected $34 billion.

[JV]

And there you have it.

[Fed Chair Nipinator]

Yo, let me know your thoughts on strategy and Michael Saylor. I'll continue reading your guys his comments out loud. Let's see where we left off. I think until the custody of those 650000 he's full of yes the dolphins for the win. Mia represent Speaking of Mia shout out Sergio I dumped it when sailor calls the the drop a few months back. Apparently if the M nav goes to one he will sell right now. It's 1.19. Very close. It's all speculation. No one really knows the answer is zero. Hey jv. Fist bumps in order DNA.

[JV]

What up, what up? Bitcoin Zen is the way to go.

[Fed Chair Nipinator]

That's what I'm saying.

[JV]

He would need to sell some of the M nav fell to 0.9. BR fell just below 1 last week but quickly rebounded to a 1.16. And think about all the forces of.

[Fed Chair Nipinator]

Evil or the Jamie demons out there.

[JV]

And people who view him as an enemy. Maybe they can do manipulate things, manipulative things which they always do to try to sabotage strategy. It could happen, you know. Gotta run. Enjoy your day. Hit the likes. Thank you Chemo for tuning in and.

[Fed Chair Nipinator]

Being here with us today.

[JV]

Another great opportunity to stack stats. That's the silver lining here, family. You can get like 1200 sats per dollar.

[Fed Chair Nipinator]

Seize the moment or forever hold your peace.

[ADG Rapper/Poet]

We are the players 80 GS gave us sexy little shivers we are the makers and takers but we orange pill which makes us the givers paying it forward ADG's not too late don't ignore us ADGs take the life saving bait ADG stealing our command cup we're dragons that slay BTC up and here we are at 80k we slay our way to 80k ding ding I love the rise and the dying in the Bitty Pretty Bitcoin November 2024 the highest Bitcoin price action ever roll since the inception of the Genesis block Pushing the way to 80k no roadblocks hodlers are not not surprised, not shocked but bang bang bang like a B52 we built a bitty stack to evolutionary love shack Bang bang on the door baby Bitcoins here we're bitty stacked welcome to the 80s and the ADG Swady business don't be a punk while we beat CC Rock in the 80s 80g's batting we're a mix of aces and perfect tens we're blackjacks, we don't bend we hodl winning hands to the end Like Wyatt Earp, Eastwood and Doc Holliday we're outlaws holding our biddies close to our chest by BTC Just try it make our day we're bitcoin jocks from the wild wild west Wild west know when to hold em yeah we're holding never folding Bitcoins are ripping like a new Scottie Pippen ADG's were royalty bitty kings and queens our kingdom has come We've been manifesting We're Raising up the biddy like Gohan. We live in a hoddle house. We play chess and we're not the pawn. We're raising the roof now. Big bad wolf who? Oh no, he's gone. Cause he was a pawn.

[ADG Rapper/Poet Backup]

Sorry. I'm fine.

[ADG Rapper/Poet]

We're built tougher than bricks. Ready and coming at em. We're strategic and steady. No rush. Fifth level ready? 80 G's on our way to one mil. The name of the game is Hodl. Take an orange pill like a squirrel. We hodl, we store Peanut, you got a twisted deal. We're gonna hoddle more in memory of you. Nipsey will too. ADG's is exciting now, but a future memory. It's a USA saving T pump moment in bitcoin history. Bitcoin is going up forever. That's no mystery. This roller coaster ride is not for the weak. But it is exhilarating. Built for prosperity, not misery. Bitcoin price discovery is in play. Higher numbers are on the way away. Just do your best, it is not too late. You will be blessed. Have a little faith. Leave the rest to satoshi and God. Think of Moses and the rod. Think of Satoshi and free and Ross. Bitcoin doesn't have to be a future loss. Bitcoin doesn't have to be a future loss.

[ADG Rapper/Poet Backup]

You can lead a horse to the water but you can't make it drink. Hoddle, hoddle, hoddle. Study up, pray and think. Don't miss your life boat. Take an orange pill. This isn't play. Don't use your God given free will. Pity Omega dough price. Discovery is more than a name. It's a rare phenomenon. Bitcoin is a patient man's game. Be a dreamer, you're yesterday's way. Bring me a bitty glow ba bang.

[ADG Rapper/Poet]

Bang bang like a B52. We built a bitty stacked revolutionary love shack. Bang bang on the door baby. Bitcoins here. We're bitty stacked. Welcome to the 80s and the 80G80 business. Don't be a punk while we beat TC Rock in the 80s. 80G Scott Foreign.

[JV]

And don't forget to check out bitcoin news alerts.net for the full premium experience with video and to participate in the live stream along with the Q and A. And I look forward to seeing you on tomorrow's episode. Hoddle.

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