Bitcoin Falls After Saylor Sells $216M (Bottom Not In?)

**SPEAKER_1** (0:00)
Michael Saylor has ripped the Band-Aid off and sold 3,500 Bitcoin last week, taking a major loss. We have the underbelly of the Federal Reserve showing a weakness in their abilities in 2026, and Bitcoin feeling awfully volatile this morning. We dropped from $64,000 down to about 61,2, and are now fighting back for our right to party.
But on the underside, we have a story to cover today regarding the risk that central bankers feel when it comes to AI entering the financial markets. And this is actually a key signal for altcoins of a particular nature that I'm going to be going over on this show today. Welcome one. Welcome all. Hopefully you came back to the sticks on your keyboard with all of your fingers after the 4th of July explosions. TJ, it was a hell of a celebration this weekend.

**SPEAKER_2** (0:52)
Yeah, it was. Obviously, we had a great time. You guys know, we work pretty much 24 7, but took some time this weekend, both of our daughters birthday. So we had a joint birthday party celebration. Got some time at the pool, got some time with some fireworks. Like you said, hopefully nobody had any injuries. I actually did thoughts and prayers out to a friend of mine's mother-in-law, did have a fireworks accident. He sent to the to the group chat and was like, Hey, prayers for her. I think he said it was second, third degree burns on 15% of her body. So it was bad. So stay safe out there.
Hopefully people are safer in trading Bitcoin than they are shooting fireworks. But always, always fireworks when you're in crypto, never boring, always a lot of volatility. And yeah, the big story of the day, Michael Saylor selling that 32 Bitcoin test he did a while ago was just that a test and a lot of, a lot of mixed thoughts on that. I'll let you kind of get into the news and catch everybody up. And then, yeah, I'll share some of my thoughts on where I think this is going and bullish, bearish, bottom in, all that sort of stuff. We're gonna be talking about that today.

**SPEAKER_1** (2:00)
So absolutely, man. There's a lot to cover, a lot of ground to cover. At the end of our fireworks expose, I ran into a Japanese kid when we were shooting off fireworks. He had an Indian girlfriend. We shot fireworks together. And at the end of our, you know, motors blowing up in the sky, I turned to him and I was like, you know what? Here's to another two and a half centuries of American world dominance. They both loved it. This bump, you know, very, very good feeling on the streets there for July 4th. And just before I get into all the news, we do have a kickoff call coming on Wednesday. This week, July 8th, 1, 8, 1 PM, we're doing our kickoff call for the school and a huge shout out to the people joining there. I have a lot of questions laid out to get back to, but this has been pretty exciting.
Roll out.

**SPEAKER_2** (2:48)
No, it is shout out to all of our founding members. It's obviously already off and running and growing. We're going to be doing full rollout today. We've obviously talked about a little bit and I've been emailing some of you guys to get our, our core community members in there. But yeah, this kickoff call is on Wednesday. We're going to be kind of giving an overview, getting to know you guys better kind of like he said, we got a lot of questions in there. This is going to be both crypto and AI. So if you have an interest in either one of those hop in there and start engaging now.
And we're working through a quiz that helps us know where you are in crypto. And I may need to do the same thing on AI. This is part of what we're going to talk about on the kickoff call. So yeah, get in there and we'll see you guys on Wednesday because yeah, it's already popping off in there. We've already, again, our core community members are posting really good stuff. Already got our first win. Somebody crushed it on a trade over the weekend. So happy to see it pop. I think it's going to be a thousand times better than Discord. The main reason we're doing that, there's a lot of reasons we're doing this. One, I think it's a better place to organize and educate, make it easier to follow along for people. Two, it's a lot safer. We have a hard time on Discord. I literally can't send DMs on Discord because there's so many impersonators. And if people thought I was in there DMing them, more people would get scammed. But every, I feel like very often people are getting scammed in there. So this is a main, that's a primary motivator of moving.