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2329: 1.47 Million Bitcoin Absorbed in Q1 - Conviction Buyers Surge 69%
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ZipRecruiter.Com Zip Something just happened in Bitcoin that shouldn't be possible in a liquid market. Supply isn't just tightening, it's getting pulled off the market. And when this happens, price doesn't move the way most people expect. It reprices violently because now buyers aren't choosing when to enter, they're competing for what's left. Let me show you conviction. Buyers just absorbed 1.47 million bitcoin in quarter one alone. That's a 69% surge. A herd and coins moving into hands that don't sell. Not trading, removal. Permanent long term huddlers, institutions, balance sheets that aren't giving it back. This is where people still think this is trading. It's not. Let me show you exactly what that looks like. You can see it right here. As reported by Ark Invest, a 69 increase in long term huddler conviction just in the first quarter, bouncing from 2.1, 3 Bitcoin and now 3.6 million. And Sailor just posted this. MSTR has generated 63, 410 of Bitcoin gain year to date. That's $5.1 billion and now holds 3.9% of the entire bitcoin network. And Sailor just said the end game is driving Bitcoin at 10 million per coin and building a 200 trillion dollar network. If supply is being pulled off the market at scale and new capital keeps arriving, price doesn't drift. It snaps. Not 200,000, not 500,000, $10 million per coin. This is what most people are still missing. This isn't a supply story anymore, it's a pressure story. Because capital doesn't sit still, it moves. And when the system it's in is unstable, it looks for something that isn't. That's where bitcoin comes in. A fixed supply asset in a world of infinite money printing. And that mismatch is starting to matter because in Q1 alone, conviction buyers didn't just accumulate, they they outpace the new supply by multiples. 450 bitcoin are mined per day, but thousands are being removed daily. Every single day that gap widens. The gap is where the system snaps because the capital bitcoin is starting to tap into is massive. Check out these pools of capital. Gold, 36 trillion real estate 393 trillion. Sovereign bonds, 133 trillion and global equities 127 trillion. Bitcoin. Bitcoin doesn't need all of that. It only needs a fraction. Even a 1% shift from those pools into a fixed supply asset creates a level of demand the market has never seen before. And that's the part people underestimate. This isn't about more buyers. It's about bigger buyers with deeper pockets moving larger amounts into a system that can't expand to meet them. The infrastructure is already live. The largest capital allocators in the world are now directly connected to Bitcoin on obviously including the largest Bitcoin etf, IBIT from Black Rock and also now even Vanguard, who's the largest shareholder of Strategy. They're not experimenting, they're allocating. And at the same time, corporations are stepping in over 1.24 million. Bitcoin is now held by just 100 public companies. That's 100 entities controlling over a million BTC. And the concentration is even more extreme. At the top, strategy currently has 818,334bitcoin and still buying aggressively. While most people are still deciding is it Too late. Then we got 21, Meta, Planet, Marathon and BSTR, all accumulating, all holding. This isn't the retail. This is corporate balance sheets absorbing supply and not giving it back because they understand what most people don't. This isn't a cycle, it's a structural shift and it's accelerating. Even the daily flows are starting to reflect that hundreds of millions of dollars of moving into bitcoin through the ETFs, not as speculation, but as an allocation. That's a completely different dynamic. Because speculation sells, allocation holds. And when that happens, liquidity starts to disappear. Not all at once, but steadily, quietly, systematically. Until one day it's obvious. And by then it's already too late. Because Bitcoin doesn't need everyone to buy. It only needs enough capital to overwhelm what little supply is actually available. And once that threshold is crossed, the price doesn't climb, it jumps because there's no inventory to meet the demand. That's how markets break. Not from panic, from imbalance. Supply vers demand stock to flow. And right now that imbalance is accelerating. Supply is being locked away, demand is being forced in at scale. The system has no way to slow it down. Because when money can be printed without limit, it has to flow somewhere that can't be printed. That's Bitcoin. And that's why this move isn't optional. It's not a choice. Because once this flips, there is no second chance. You either have Bitcoin or you're trying to get it from someone who doesn't need to sell. And if this sounds extreme, good, because what you just heard is the calm version. The numbers are even louder, the flows are clearer and the reality is it's even more aggressive than that. Let me show you what's actually happening under the surface. Also, as of today, strategy to hold their Q1 2026 earnings call with their Bitcoin holdings rising from 555,000 to 818,000 BTC. 1.2 million. Bitcoin held by just 100 public companies. The top five are strategy, pole position. Then we got 21 where Jack Mers is the CEO at 43,000. Meta Planet, which only had 4,000 Bitcoin 12 months ago, currently has over 4. 40,000, marathon 38, 000 and BSTR already over 30, 000 BTC. And this is not retail. And that's why the four year cycle is dead. All the previous cycles were driven by the retail. This time it's the institutions, it's the sovereigns and it's the corporations. What would you do with a share of a million dollars? Better yet, what would you do if you were sitting VIP at the World Football Both are possible this Coinbase One member month hit a 14 day streak to split a million dollars in Bitcoin and the first to finish gets VIP trip to the World Football final. 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And Cardless Inc. Cards issued by First Electronic Bank. Bitcoin back rates are based on cardholders assets on Coinbase. Today's episode of Bitcoin News Alerts is brought to you by Progressive Insurance. Do you ever think about switching insurance companies to see if you can save some? Progressive makes it easy to see if you can save when you bundle your home and auto policies. Try it@progressive.com Progressive Casualty Insurance Company and affiliates. Potential savings will vary. Not available in all states. Pod Episode number 2329 I'm your host JV alongside Fed Chair Nipinator keeping them nip a Nathan we did break back above 81,000it feels like it's been forever since we're here. In fact we almost touched 82 already and we're still pumping and in the green. This just in US spot Bitcoin ETF spot 532 million worth the Bitcoin yesterday. This is according to Far side and of course Blackrock always with the largest piece of the pie. BlackRock's European Bitcoin exchange traded product just crossed 1.1 billion in assets. Under management, they now hold more than 14,000 BTC. Institutional demand continues accelerating, but this is only the beginning. And Larry Fink, if you're watching this, go home and get your shine box shoe shine, Larry. Update. Brown University still holds over 8.1 million in Bitcoin via the Black Rock ETF. They didn't sell any of their 212,500 shares in the first quarter, which was just reported. The shorts came at the King and missed. He is never selling his bitcoin. One million bitcoin coming this year, you know. And what's the end game? The end game isn't that complicated. It's give a Bank account and 8 to 10% a year yielding high yield digital bank account to a billion people. Drive Bitcoin to $10 million a coin and make Bitcoin a $200 trillion network until it grows higher. There you go. The end game is Bitcoin. $10 million with a $200 trillion market cap. All I got to say to that, send it for the brosis. Bada boom, bada bing. Michael Saylor is the bitcoin king. Luke says, if you want to stop the war machine, we have to end the Fed.
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But I think the battle is going to be one with the ideas. And I think these ideas of freedom, of sovereignty, of independence, of liberty, I think those are going to be the ethos that we're going to have to stand behind. Because if we stand behind centralization, if we stand behind convenience, if we stand behind safety, we're going to lose all of that. And then we're going to be under a system like a digital dollar that's going to be like the social credit score system that they have in China. And that's what we're fighting up against. And people need to realize that. And I think that fight is the most important fight right now. And if you want to stop the war machine, you have to stop the money printing machine, which means we have to end the Fed. And I think this is why the ethos has always been with bitcoin and
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the Fed, simple and plain, and the Fed precisely what bitcoin was designed to do. Bitcoin is the antidote to the CBDCs and stable coins, which are really just programmable money like the CBDCs, which are they're going to use to control the masses and keep you poor. Now check this out. The late, great nipsey Hussle on bitcoin back in 2017, when the price was only 3, 900. And for those that don't know, Fed Chair Nipinator was named after the late, great Nipsey Hussle.
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C
There's less than 1% penetration, and that's a fact, because I can't spend bitcoin here. I got to still spend US dollars or MasterCard credit or, you know, established credit, any one of these stores. There's no penetration in the real world. So what happens when it gets 5% real world, when more people can spend their cryptocurrency at the store, which is why we came to Amsterdam, because there's a city out here where the whole city is cryptocurrency friendly. And this is a example of what's going to happen to the rest of the world.
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Amen. And the bitcoin marathon continues. Rest empowered, Nip hustle. Bukele says the Federal Reserve is nothing federal and has no reserves. They rob you from your wealth and from your savings, and that's immoral. The Federal Reserve is nothing federal and has no reserves. So they do print more money and they rob you from your wealth and from your savings, and that's immoral. But it's not only immoral, but it also destroys some basic economic principles, like, for example, saving. And as always, Bukele is spot on. The Federal Reserve is nothing federal and has no motherfucking reserves. Eric Trump said 0.1 Bitcoin will be worth an absolute fortune. And his father says, maybe we'll pay off our $35 trillion debt by handing them a little crypto check. We'll hand them a little bitcoin and wipe out our 35 trillion. Check this out.
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D
Who knows, Maybe we'll pay off our $35 trillion. Hand him a little crypto check. Right? We'll hand him a little bitcoin and wipe out our $35 trillion.
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But how do you want it to
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be more prominent in America? How will that work?
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Oh, it's going to work easily. It's already prominent, it's moving along. It's very loosely regulated. That's one of the reasons it's moving along. But it is a different form of a currency and it's going to end up benefiting the country. But if we shut it down, like, you know, Biden's trying to shut it down. Biden doesn't have the intellect to shut it down. Can you imagine this guy's telling you to shut something down like that? He has no idea what the hell it is. If we don't embrace it, other countries are going to embrace it. We other countries will anyway. But we can be the leader, and we might as well be the leader.
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It's kind of funny. He threw Biden under the bus on he doesn't have the intellect to shut it down. Well, nobody does. Bitcoin can't be shut down. So it's just funny. But nonetheless, for him to say the $35 trillion worth of debt from the United States can be wiped out and just hand everyone a little bit of bitcoin. Very interesting. I say we get rid of our gold reserves and transfer that into bitcoin. Or just print unlimited amounts of Fiat and trade it for the hardest asset known to mankind. The first country to figure that out, they're going to lead the way. Let's see who does it first. Senator Lummis says we must get Clarity done. America's financial future depends upon it. And $60 billion Coinbase just said when the Clarity act passes, every major institution will flood into bitcoin. Every major brand name is hiring a senior crypto team. Every major financial institution is hiring out a senior, senior crypto team. I'm getting the calls, too.
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C
Like, everybody's getting the calls.
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A
Somebody try to poach you?
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Yeah.
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Not, not, not going anywhere. I love Coinbase. Every. And when I say every, every major brand name financial institution. If you're that person in the boardroom or a senior executive and you're still saying things like, you know, crypto is a scam and stuff like that, it's now embarrassing, to be perfectly honest. Great way to end that clip. Absolutely embarrassing. So go home, get your shine box Fiat. Today's episode of Bitcoin News Alerts is brought to you by Progressive Insurance. Do you ever think about switching insurance companies to see if save some cash? Progressive makes it easy to see if you can save when you bundle your home and auto policies. Try it@progressive.com Progressive Casualty Insurance Company and affiliates. Potential savings will vary. Not available in all states.
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Dorks. Fed Chair Jay Powell says bitcoin is like Gold. People use bitcoin as a speculative asset, right?
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C
It's like gold.
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It's just like gold, only it's virtual.
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It's digital.
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People are not using as a form of payment or as a store of value. It's highly volatile.
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C
It's, it's, it's not a competitor for the dollar.
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It's really a competitor for gold. I've heard it before. Bitcoin is digital gold or gold with wings. But my favorite quote is from Max Kaiser. Gold is the poor man's bitcoin. So Peter Schiff, if you're watching, go home and get your shine box shoe shine. Peter. $1 billion MoneyGram announced to let 50 million customers convert cash into Bitcoin in 100 countries. These financial giants are all adopting bitcoin because they it's either at this point adopt or get left behind. Strike. CEO Jack Mers just said, I'll be buying bitcoin forever no matter the price. Like I stay humble and stack stats no matter what. I'll be buying the top forever. I'll be buying the bottom forever.
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E
Because I'll be buying bitcoin forever. And I don't store my work and my time, my energy and my effort in something that someone else can print out of thin air.
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I store it in bitcoin just like
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E
that's it, plain and simple.
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His company 21 is already the second largest Bitcoin holder in the world as far as corporations and they just launched. And his ambitions alongside the Tether team and Cantor Fitzgerald's Howard Lutnick is to become the number one corporate bitcoin holder in the world, taking pole position away from Michael Sailor. So we'll see how that plays out. Now check this out. Peter Dunworth explains how Bitcoin can 1000x over the next 20 years.
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E
We're going to see an immense amount of capital. Capital flows into this. And I look at all around, you know, the use cases, the primary use cases that I see that will lead us to that thousand extra turn. The number one that I look at is we're going to see bitcoin used as pristine collateral to effectively recapitalize our entire financial markets. This means that Wall street can put an infinite amount of value and the government can put an infinite amount of value into this asset. It can go up exponentially. It can go up a thousand x from here, ten thousand x, it doesn't matter. And so I think it's very real for us to see a thousand X return in Bitcoin over the next 20 years.
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I love it. Let me know if you agree or disagree with Peter Dunworth that Bitcoin can do a 1000x move which would put Bitcoin at roughly a hundred million dollars per coin dollar SAT parity because a 10x is virtually a million dollars. A 100x is 10 million to a 1000x. We're talking 100 million. I say send it and I feel it's inevitable. I believe Bitcoin will eventually hit all these price targets. The question is when? Let me know your thoughts in the comments below. Especially considering with the supply disappearing and the supply available on the exchanges which is the liquid supply at an all time low when massive demand continues to accelerate. You already know the basic math principles when you have a limited supply and massive demand, nation state adoption, sovereigns, corporations, institutions, retirement pension funds, etc pretty low biddy going up. Can I get an Amen? Let's see here Chris so Michael, endgame is 10 million a coin. Is that when we sell? Absolutely not. It'll make no sense to sell when Bitcoin's $10 million a coin. Why would you sell your precious bitcoin for the inferior asset? That's why it's going to be priced so high because no one's selling including us. You know, eventually maybe you'll just borrow against it. It is pristine collateral and that's why even Jamie Dimon and all the major banks want your Bitcoin and they started accepting it as collateral and the fed hashtag amen 1000x bitcoin. Send it. If the 4 year cycle is dead, what price does Bitcoin reprice to when there's nothing left to buy? Let me know down below. And don't forget to check out bitcoinnewsalerts.net for the full premium experience with video and to participate, participate in the live stream along with the Q A and I look forward to seeing you on tomorrow's episode Hoddle.