Price Terrible. Saylor Sells.
Bitcoin cracks $60,000 for the first time since October 2024; Strategy files a $2.5M sale to fund a dividend; Trump Media moves to lighten its bag; and Standard Chartered’s bull holds the $100K call.
The Bitcoin Group No. 497 opened with Victoria Jones, Adam and Robert Allen at the desk and a price tape that had crossed below $60,000 for the first time since October 2024. The host, Thomas Hunt, read the week’s file in the same register he has used for thirteen years: the sub-$60 print was unwelcome, expected, and unremarkable, in the order he gave them.
The eight-item running order took in MicroStrategy’s sale of 32 coins to fund a dividend, Trump Media’s $455M loss-driven plan to sell into the tape, a Reuters note on capital rotating from Bitcoin into the AI megacap IPOs, and a Bitcoin ATM lawsuit out of federal court in Florida.
You really have to have a revolutionary spirit quite frankly to be a Bitcoiner. And a lot of people don’t have that.Robert Allen, on the sub-$60K print

