I try to catch Bloomberg Television's Crypto half hour show at 12:30 pm Eastern Time whenever I can. I saw it today and they had Michael Saylor as a guest.
The show is hosted by Matt Miller and Katie Griefeld. They asked Saylor about the eventual Crypto Winter that sill be coming. He said there will be NO Crypto Winter. He explained that with all the ETFs and the US government and other governments and sovereign wealth funds buying Bitcoin, he doesn't expect a big dip until Bitcoin hits $500K to $1 Million, and then there may be a $200K pullback.
Source:
Saylor went on to talk about the 3 recent stocks his company Strategy, formerly Micro Strategy, recently released. They are called Strike, Strife and Stride with ticker symbols that kind of sound like those words if you read them as a word. Here is a screenshot of what I found on a Bing search with the result produced by AI.
Saylor talks about how the stock sales are basically a way to borrow money at no interest and that money is used to buy Bitcoin. The Stride stock (STRD) pays a cash dividend of 10% APR but Saylor says they can stop that at any time if they need to.
As the show was airing today you can see Bitcoin was around $109,100 and at this moment later the same day it is up even more, as is Ethereum.
I have been hoping for a nice Summer rally in crypto and it might happen after all. Bitcoin of $150K and Ethereum of $5K to $10K is looking possible! Meanwhile HIVE sits just under 25 cents but it did hit 60 cents in January and could hit a dollar this summer. But HIVE is tricky. It tends to hit its peak only to fall back in a day or three. So time your trades carefully!
My Activity
today would have showed up on an actifit report if I could just get my phone to send it. I was able to write it on the phone but then it would not Send. Oh well.
I used my dumbbells to do some full body exercises and then a heavier weight to do bent rows. I also did 28 pushups. My goal is to get back to 30 pushups which I will do every other day.
At night I took a walk but it was raining a bit so it was rather short. I did manage almost 6K but I have no way to prove it. And you have no way to disprove it so take my word for it. :)