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Host/Advertiser
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JV (Host)
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JV (Host)
Bitcoin is approaching a mathematical breaking point. Not emotionally, not politically. Mathematically. Because if buyers start absorbing bitcoin faster than the network creates it, price discovery breaks. And the numbers now suggest that's already happening. Check this out. Strategy just erased 2543 Bitcoin from the market.
Co-host/Commentator
That's right. Gone in a single day.
JV (Host)
Over 200 million raised. Just like that. And this is becoming routine. At this pace, Strategy can control 4% of all Bitcoin.
Co-host/Commentator
They're very close. One one company.
JV (Host)
Think about that. And this is where the math gets literally insane.
Co-host/Commentator
In the membrane.
JV (Host)
Now zoom out.
Co-host/Commentator
In quarter one alone, Strategy bought 89, 599 Bitcoin.
JV (Host)
Now compare that to the new supply.
Co-host/Commentator
Every miner on Earth, every ASIC in
JV (Host)
Texas, every hydro farm in Paraguay, and
Co-host/Commentator
every rig in Kagistan produced just 40,500 Bitcoin. So same quarter. Meaning strategy outbought the entire planet's new
JV (Host)
Bitcoin supply by 2.2x. Strategy is not buying the cycle.
Co-host/Commentator
Strategy is the cycle that's broken supply math.
JV (Host)
Because if one buyer absorbs bitcoin faster
Co-host/Commentator
than the network creates it, price doesn't just drift higher, it snaps. And now Wall street wants in. Citigroup just increased exposure. Strategy just hit a new 2026 high. And Saylor Sat says he'll still be buying Bitcoin at $16 million per coin. Sailor isn't preaching moon boy fantasy. He's talking like a mathematician. This is not a rally. This is supply repricing. Now let's dig a little deeper. Because Bitcoin doesn't care about opinions. Bitcoin cares about arithmetic. Fixed supply, 21 million coins. But that number is fake because millions are gone forever. For example, lost wallets, burn keys. Early coins untouched for over a decade. Conservative estimates, 3 to 4 million Bitcoin are permanently gone. That means the real supply is closer to 17 million, maybe less. Now remove what's already locked. Strategy 81869 Bitcoin black rock. Over 821,000 Bitcoin combined. 1.64 million Bitcoin gone. That drops accessible supply dramatically. Now remove the ETF custody, remove sovereign holders, and remove Satoshi's 1.1 million Bitcoin which has been untouched since the beginning. Remove exchange coal storage. Remove the long term holders who haven't sold in years. Now ask the real question, how much Bitcoin is actually liquid? Not total, but liquid available. Right now estimates put the truly liquid bitcoin at 1.9 million BTC. So that's a tiny fraction of available global supply process that a global monetary
JV (Host)
asset with only a few million units actually moving. Now strategy enters yesterday's raise alone. 25:43 Bitcoin worth the buying power if they repeated that daily. That 17,800 Bitcoin per week over a month, 71,000 plus bitties annualized over 850,000 Bitcoin. That's more than Black Rock's entire current stack. One balance sheet. And people still think $10 million Bitcoin is impossible. Now scale this out. What happens if 10 major corporations copy strategy? Not one, not two, but 10. That's potentially millions of coins demanded against what supply? Then add the sovereign nations, the pension funds, the sovereign wealth funds, the private banks, the insurance capital, the then the family offices. Now add price psychology. Because bitcoin gets harder to buy as the price rises, not easier. At 100,000, people hesitate. At 250, FOMO begins. At 500,000 media frenzy. And at a million sovereign FOMO at 5 million, existential scramble. And Sailor, he says he's still buying at 16 mil. That's the mindset shift. Because if the largest buyers don't care about the price, price stops functioning normally. That's what people mostly are missing. Bitcoin isn't repriced because hype increases. Bitcoin reprices when the bid pressure collides with the illiquid supply math, not emotion. Math wins always. And here's the nastiest part. Strategy says they're buying doesn't move the market. Sailor says they bought 200 million per
Co-host/Commentator
hour for hours and bitcoin didn't move.
JV (Host)
Then they stopped and the price went up. What does that mean? Larger flows are underneath invisible demand. Structural adoption. The market is tighter than people realize. And that's why supply math matters. Because once available supply gets thin enough, the price doesn't stair step, it gaps violently. This is how you wake up to six figure candles, better known as the Omega candle. Not because of hype, but because the math finally breaks the market. Bitcoin doesn't care what feels expensive. Bitcoin only cares about supply versus demand, man. And right now the math is obscene. So the real question is if one company can mathematically absorb hundreds of thousands of bitcoin. What happens when five strategy clones start bidding for the same supply at the same time? And if you think this math is aggressive, good, because I'm about to show you the actual receipts, the real balance sheets, the real capital raises and real bitcoin being absorbed right now. Take a look at this strategy stretch. STRC is estimated to have raised enough money to buy 2,543 bitcoin yesterday. They're on pace to own 4% of the entire Bitcoin supply. Mindboggling numbers and it doesn't stop there. This morning already they raised enough funds to acquire another 1444 Bitcoin and the day is not even over yet. That's three times the daily supply of new mined bits Bitcoin from one company via strategy with ST RC and they just closed at a 2026 high MSTR $195 a share with a $69 billion market cap. This is the highest number thus far this year.
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JV (Host)
Today is Pod Episode 2,336. I'm your host JV alongside Fed Chair Nipinator. Today is May 12, 2026. And here's a quick video clip from Michael Saylor.
Michael Saylor
This is Stretch. Recently Stretch has grown from nothing to eight and a half billion dollars in about nine months. It currently got $400 million almost of daily liquidity. Its volatility has fallen to 2.9%. The Sharpe ratio is the high twos. It's forex over collateralized. Here's another chart. This is hyper growth. How do you know that a product's working well? It's growing 350% a year. Like it's 100% month over month growth.
JV (Host)
There you have it. He figured out a way to tap into this digital credit. He literally raised eight and a half billion dollars within the first nine months.
Host/Advertiser
Unprecedented numbers.
JV (Host)
And all that just flows right into bitcoin, which is why he currently has roughly 820,000 bitcoin for MSTR. It's accelerating. It's not slowing down. It's like every day, like clockwork. More money raised, more proceeds to buy bitcoin. It's pretty phenomenal. What sailor's doing. This just in. 2.6 trillion dollar City Group just disclosed that bought 216,000 shares of MSTR. That's roughly 41 million worth. Now holds 723,000 shares valid at $130,037 million. This is the fourth largest bank in the U.S. obviously it's increasing its Bitcoin exposure. Also 113 billion dollar U. S Michigan state retirement fund just reported holding 5,800 shares of MSTR valid at over a million dollars. Obviously the states want a piece of the bitcoin action and that's precisely what they're doing. Also breaking news, Senate banking committee releases a draft a bitcoin and crypto clarity act set for markup this Thursday, which is only two days out. And also major labor unions back big bank bid to block the bitcoin and crypto clarity.
Reporter/News Correspondent
The crypto industry, they're only days away from seeing their top legislative priority get its first vote coming in a senate panel. But that bill is facing some heavy opposition. We got a first look at the concerns that are raised by the heads of major labor unions. They've warned senators that backing this rules of the road bill for digital assets could legitimize crypto and as a result add volatility to workers retirement savings and pensions account.
Co-host/Commentator
Well, there you go. Fuck the labor unions and anyone opposing
JV (Host)
the adoption of bitcoin which is the greatest technological gift to mankind. It's God hacking humanity.
Co-host/Commentator
President Trump says bitcoin is very powerful so many people now they want to pay you in crypto, they want to pay you in bitcoin and we have to be on top of it.
Donald Trump
And bitcoin superpower of the world. Bitcoin is very powerful. It's all becoming powerful. So many people now they want to pay you in crypto, they want to pay you in bitcoin and we have to be at the top of it in all of these. Call it an industry.
JV (Host)
And here's the reality. Obama administration war on crypto. Biden administration war on crypto. They did everything in their power to try to stop bitcoin and crypto industry from moving forward. And for the first time in American history we have a pro bitcoin administration
Co-host/Commentator
and that's a pretty big deal.
JV (Host)
So mad respect to the Trump fam for moving bitcoin adoption forward. It's time.
Co-host/Commentator
Breaking news.
JV (Host)
The U S. Senate officially approves Kevin wash for Federal Reserve board of governors.
Co-host/Commentator
Pro bitcoin fed chairs are coming move
Reporter/News Correspondent
to bring to a closed debate on the nomination of Kevin Warsh of Florida to be chairman of the board of governors of the Federal Reserve system system. Signed by 17 senators.
JV (Host)
Adios J pal. We got a new fed chair. And nip Anator approves. So nipinators get to take a long vacation.
Co-host/Commentator
You can't short your dorks. You can't afford that. But all hail the true fed chair. Nipinator, in my opinion, will always be the official Fed chair.
JV (Host)
Michael Saylor just tweeted last night's Clarity act markup would unlock the next wave of digital capital, digital credit and digital equity in the US and globally. Institutional validation for bitcoin, a framework for STRC powered digital yield markets and broader adoption of mstr. He also points out the key language the bill recognizes. Activity based rewards tied to payment, stable coins and distributed ledger participation as critical to enabling innovation, competition and consumer adoption. That is the path to reasonable digital yield markets. And if you don't know, now you know. Billionaire Saylor just said the clarity act
Co-host/Commentator
is about to pass and send bitcoin a soaring.
JV (Host)
This is regarding why the bitcoin price does not move after he announces raising $42 billion to buy more bitcoin. And he's even said we have literally bought $200 million an hour.
Co-host/Commentator
The price just does not move.
Michael Saylor
The whole reason we're confident about bitcoin is because it's a global market. We have announced we're going to buy 42 billion of Bitcoin. The market goes now we have literally bought 200 million an hour, the market does not, the price does not move up. We have stopped buying. We have bought 200 million an hour for four hours and turn it off and the price trades up, you know, and, and so the truth is the market has its own dynamic and we are a part of it, but we're definitely not driving the price. It's really more driven by macroeconomics, I
Co-host/Commentator
think and very powerful speech there because he makes great points. With the unprecedented volume of buying. It never affects the, the price. It's all being done underneath over the counter. At the end of the day, sailors buys are not impacting the price action whatsoever. But what is happening behind closed doors is the bitcoin is moving to diamond hands which are not selling. So the weak hands lose their bitcoin and it then gets positioned and locked up with Sailor through strategy. Same concept with BlackRock and the other massive bitcoin accumulators. Weak hands are selling and then the strong hands, diamond paws like Nipinator, they're buying. And eventually you're going to get that
JV (Host)
pricing up event because there's just no
Co-host/Commentator
more bitcoin available to purchase. Right now we have the lowest amount of liquid supply. We have seen 1.9 million. Check this out. Governments that run out of money always come for yours. Bitcoin is the only asset that cannot be seized regardless where you are, who's in power. And Elon will reach that conclusion soon enough. Says Samson Mao.
Samson Mao
You only have one neutral asset in the world that cannot be seized. And that, that is the answer. He's got to reach that conclusion soon. We know he knows about bitcoin. He talks about bitcoin. We know he likes Dogecoin, but he's a smart guy. He's got to add 2 and 2 and get 4 eventually. So that's my, my prediction.
JV (Host)
Interesting take on Elon. Here's my two satoshis. Elon's wealth comes from government subsidiaries. So he's really a contractor for the United States government, you can say their military operations or whatsoever. So he is a part of the government. That's why I don't believe he is concerned and why he doesn't fully embrace Bitscoin. Elon, if you had a genuine concern of the government confiscating all of his
Co-host/Commentator
money, he'd put in Bitscoin. But he is working, you know, hand in hand with the forces of evil.
JV (Host)
And that's why he has no concern.
Co-host/Commentator
Bitcoin versus Gold 25 dimensions, where Bitcoin wins portability, divisibility, verifiability, Scarcity, supply, auditability, settlement speed, custody, sovereignty, confiscation, resistance, storage costs, transport costs, programmability, global liquidity, settlement, finality, resistance to counterfeit, no trusted issuer, easier inheritance, collateral efficiency, transparency, censorship, resistance, energy to scarcity, conversion, monetary upgradeability, unit consistency, lower friction, digital native compatibility and personal sovereignty. Gold is the poor man's bitcoin.
JV (Host)
And yesterday I shared a clip from Mr.
Co-host/Commentator
Sailor talking about ultimately how to rug the bricks by us dumping our gold reserves and putting it all into the pristine collateral we know as Bitcoin. And then everyone's gold. I guess the other countries around the world would drastically be worth a lot less than it is today and we would maintain our superpower dominance by being the primary shareholder of Bitcoin. And even today we have maybe 320,000 bitcoin which has been confiscated from the criminals, drug traffickers, anti money tax avoidance. However we have a bitcoin strategic reserve bill and there's a new one being introduced I believe this week or next and hopefully we can start stockpiling some serious numbers. Let's you know, not allow BlackRock to be a larger holder than the United States of America. Same with Sailor and strategy. But you already know right now you're seeing things play out on the world stage. Countries are slowly but surely adopting Bitcoin. It all started with Nig Bokele with bitcoin country in 2021 being the first country to adopt Bitcoin as legal tender. That was one year after Sailor was the first publicly traded company to put the biddy on the balance sheet. And now other countries are racing stacking. Bitcoin sovereigns are doing the same thing. We now have pension funds embracing Bitcoin. We have Wall street slowly but surely getting their piece of the pie. Even Vanguard and the old money collectively has exposure to Bitcoin, just more indirect. For example, Vanguard's the primary shareholder of Sailor's Company MSTR and so is BlackRock.
JV (Host)
So there is a massive transference of wealth occurring in real time.
Co-host/Commentator
And if you don't have any bitcoin,
JV (Host)
unfortunately you don't have any real money. And everything else besides bitcoin including gold can be confiscated from you just like
Co-host/Commentator
they did in the 1933 Goal Seizure Act.
JV (Host)
So only properly self custody Bitcoin is unconfiscatable. All other forms of wealth can be taken from you. So if you don't trust your government,
Co-host/Commentator
you know, stack some bitcoin as a
JV (Host)
hedge just in case happens. Because if can happen, oftentimes it does. And it's better to be safe than sorry when.
Co-host/Commentator
1.1 million per bitcoin. I say soon. Send it.
Host/Advertiser
Serge.
Co-host/Commentator
I heard Sailor had to sell bitcoin to pay off the dividends. No, but he's openly discussing that he may sell one bitcoin to buy 20 more. And that's perfectly fine. He has an asset. He might as well use it to his advantage.
JV (Host)
Saylor has one of the largest publicly traded companies.
Co-host/Commentator
He has the largest public bitcoin portfolio in the world.
JV (Host)
And he does have to pay shareholders
Co-host/Commentator
their dividends 11 and a half percent. And he's just saying I may have to sell one to buy. Buy 20 more. But the bigger picture, do you have a plan in place to acquire more? It's not like he's just selling his bitcoin.
JV (Host)
He has no desire for it and
Co-host/Commentator
he's trading it for gold. He's selling it to keep his company healthy and keep investors happy, which is the critical missing piece. If your investors aren't happy, then you're, you know, people wouldn't be throwing billions of dollars at him via SCRC and raising infinite money via the infinite money glitch and putting that all into bitcoin. So, yeah, that doesn't mean Saylor's just selling bitcoin. He's selling some to buy more.
JV (Host)
What happens when bitcoin demand permanently exceeds new supply? Not for a day, not for a week, but structurally.
Host/Advertiser
And don't forget to check out bitcoinnewsalerts.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. Hodl.
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Title: 89,599 Bitcoin Bought In Q1 – Bitcoin Supply Math Breaks
Date: May 12, 2026
Host: JV (Bitcoin News Alerts)
Special Guests/Commentators: Co-host, Michael Saylor, Reporter, Samson Mow, Donald Trump (clip)
This episode dives deep into the recent staggering Bitcoin accumulation by public company Strategy (clearly a stand-in reference to MicroStrategy/MSTR) in the first quarter of 2026, unpacking the mounting tension between Bitcoin issuance rate and institutional buying. The host and commentators break down "supply math," highlighting that buying pressure is radically outpacing new issuance, with major institutions and sovereign actors entering the market. Key topics include the illiquid supply crisis, Bitcoin’s "mathematical breaking point," regulatory headlines, and why structural adoption—not hype—drives price.
Strategy’s Q1 Acquisition
Implications for Price
Lost & Locked Coins
Potential for Exponential Price Moves
Major Buys Don’t Move Market—Yet
Accessible Supply and Structural Bidding Wars
Regulatory Updates
Wall Street and Pension Funds Enter
This episode offers a raw, urgent look at the new Bitcoin order: Corporate giga-buyers are absorbing far more than the new supply, liquid Bitcoin is vanishing from the market, and institutions from Wall Street banks to pension funds are rushing in. Regulatory and political winds are shifting in the US, with a pro-Bitcoin stance gaining ground. At the heart of the episode is the assertion that the bull case for Bitcoin is mathematical, not emotional. As buying pressure devours what little free supply remains, the hosts argue that price will not merely rise, but eventually "gap violently." As JV says:
“Math wins always.” [04:42]
For listeners, this is an urgent signal: “Stack hard. Stay sovereign.”