Bitcoin to $1 Million? The President Is Buying MicroStrategy! | Simply Originals

Nico Moran (0:00)

The Bitcoin having is only 559 days away. ETF inflows are surging up 5.5 billion since August. Michael Saylor and Strategy are back at it, scooping up around a thousand BTC. And freaking, not only has Bitcoin conference speaker and MicroStrategy investor, President Trump, made calls to ban diesel exports, he just possibly sent the most bullish Bitcoin signal of the year with a trade he made in July that was just disclosed. Did Bitcoin's path to a million dollars just become clearer? Strap in, we have a massive show today, and stay with us until the finish, because we're going to reveal the power of 0.3 BTC. And I know you're wondering, how much Bitcoin do you need to buy each month in order to retire by 65?

We're breaking it all down today. Smash the like, and if you're new here, don't forget to subscribe for the best in Bitcoin news delivered to you daily for free. It's a win-win. It's go time. Now let's pop things off with a special message to Jim Cramer from GigaChad.

Jim Cramer (1:14)

Bitcoin just keeps going up. How is this possible? I sold all my Bitcoin at the bottom to buy the SpaceX IPO, and I'm down another 50%.

I thought Sailor murdered Bitcoin.

Michael Saylor (1:25)

Did someone call me?

Jim Cramer (1:26)

Michael, what are you doing in my studio?

Nico Moran (1:28)

I'm sorry for your loss, Jim.

Michael Saylor (1:30)

It's still early to buy back your Bitcoin.

Jim Cramer (1:32)

But I already lost all my money, Michael. I can't even pay the rent for this studio next month. No worries, Jim.

Donald Trump (1:38)

I'm buying this show.

Nico Moran (1:39)

This is why AI was created. Sailor isn't only having some fun trolling friend of the program, Jim Cramer, on the internet. He's having fun buying more Bitcoin, 950 more.

Bitcoin, apparently trolling Cramer was just the warm up. Strategy spent $75.7 million on that purchase, paying an average of $79,670 per coin. That takes the company to $846,000 Bitcoin, and there's another part of this announcement worth understanding.

Strategy also spent $174 million buying back STRC, its preferred stock. Both purchases came out of cash already on hand, so it added Bitcoin while also buying back some of its preferred shares. You can spend the entire day arguing somebody's bearish chart online. Meanwhile, an actual company spent an actual $75.7 million adding Bitcoin to its balance sheet. I know which tab I'm keeping open. GigaChad is back at the checkout. And the absolute relentless nature of GigaChad has caught the attention of an orange man and a famous Bitcoin conference speaker. Yeah, President Donald J.

Barcavius Trump. That's right. Trump just disclosed strategy purchases. The disclosure released September 22nd lists two purchases of strategy stock in Trump's investment accounts in late July, worth up to $115,000 combined. So yeah, the orange man just dropped a humble six figures on MicroStrategy. MicroStrategy closed at about $92 on the first purchase date and about $99 on the second.

By September 22nd, it closed above $167 cut bucks. That's a roughly 70 to 83% rise from those two dates in about two months. Quite a rebound, wouldn't you say? The White House also says independent financial firms manage his portfolio. We can report the purchases in his accounts. The filing doesn't establish that Trump personally chose the trades. But we do know that they have an interesting relationship. Trump's son even referred to Michael Saylor as, quote, a national treasure, if I do recall.

Donald Trump (4:02)

You know, I've known Michael Saylor for 20 years. I mean, and by the way, if you want to talk about a great champion for this industry, it's Michael Saylor. That guy deserves all the credit in the world.

There's very few people who are smarter, and there are very few people who are better cheerleaders for an industry that clearly he believes in. He's a national treasure to the United States, and frankly, he's a national treasure to this world. By the way, just sidetrack, his patience is absolutely remarkable. Has anybody seen that mashup where an interviewer asked him the same question over and over, and he kind of looks down, he sighs, takes a big breath, and then he answers the question that he's answered a hundred times.

SPEAKER_5 (4:40)

Why don't you break this down simply for people like me that don't fully understand it?

Donald Trump (4:48)

Okay.

Michael Saylor (4:51)

You were, if you went out the yield curve on bonds, or if you went in...

Jim Cramer (4:56)

It's happening as all of these new companies.

SPEAKER_6 (4:59)

So let's just start at the beginning, if you don't mind explaining what is it?