BITCOIN TODAY 🧡🔥💪🏻🚀 by Loren HODL™️ 🔆

Thank you, Chad, for your service. Bags are ripping. We always like to talk about the AGU. You since we've got a small group here, Gary, last night I was at the driving range with my son listening to a space with your brother in it. And they were talking about the importance of collateral. And they were all over the terms and they didn't quite spit it out. And I think of this as like, I'm channeling to you to him, through you. But this is like appreciating collateral. Or the ultimate collateral. And I think your brother is actually going to go down as the business leader of this five year period or something with what he's doing and not strategy. Because I really think his mix is right. And that as it normalizes on to bank balance sheets and you can lend against it, his capital flexibility is just going to be better than any company on the planet. So just throwing that out there is, yeah, I agree with you, Charles. I agree. I mean, this is going to sound outlandish, but I would bet companies like MSCOR have actually looked at that and go on, hey, why wouldn't we acquire that? Like, you know, that's a great strategy. As soon as I saw what the treasury companies were doing, I'm like, wow, they have no yield, man. The guys that should be doing this are the oil companies, the real estate companies and the insurance companies who have annuities. The insurance companies will be the next mover. I agree, grants got the best strategy here. It's gonna pay off, I think. Yeah. I couldn't agree with you more when you look, you know, we did a show nine months ago when we had a gentleman on us talking about the, what the balance sheets actually look like on the insurance companies. And it is, as near as we can tell, an absolute mess. Train wrecked. Yeah. And this is, this, you know, the strategy that Grant is employing and kind of plowing the road with, I think is the outside of financial collapse and, you know, look, I lived through 809 and that's what it feels like. But if they started to migrate like he has, I think they have a fighting chance of stabilizing it. Yeah, very few people are in a position to do it that came from real estate because of the way their structure is set up. Too many board members, too many share of their holders, really is a beauty of just being able to make a decision, you know? So yeah, I agree with you though. Yeah, 68,000 though, that's impressive, man. What's the next level? What do we have? 69. 69. 68. No. He's talking about the very far and not your Thursday night. That's very fun. Thank you. Oh, wow. You do that every Thursday night. I'm here all day. I don't. Try the wheel. Anywho. I'm not a Gary to answer that question. I have been told that 73 is one of those big any of the questions. Yeah, I think 72.5 is a monster number to get through, personally, we did have a spike. I mean, it didn't hold long, but this is 69.6 on some exchanges. Yeah. What's doing what it needs to do? It needs to grind up. That's what it's going to do. So it's awesome. Yeah, speaking of what you were just saying about your, your brother's business and how he's interacting with Bitcoin. I think we've been in a bear market and a sideways market for so long that we've forgotten what Bitcoin can do for people that position themselves right. And it's easy to sort of criticize or dump on them when we're in the bear markets because it can catapult us in the opposite direction. And everyone's just getting ready. And I'm not saying that all these treasury companies and whatnot are going to succeed or had good business models. But some of them will turn out to be pretty good. And it's just a lot of the things that I'm very few, though, turn it's very few. Yes, very few. I would sell 197 of them if they were 200 of them. And I don't think that there's a case where Sailor gets a big multiple on his asset base. I don't get that. And no other company gets a multiple, just because they own a product. They get the multiple for the continual EBITDA that they're able to generate. So I don't really see that meta plan. It looks like it's found another little niche. But look, they're all having to do different things. BM and ours doing all this weird stuff with celebrity. So they've got a plan for something to rest of. Now, strive might make it. It's small. I'm sure it will. AD, you know, just the mining companies are getting out. So Eve, like, this is a really, I said, I would get very bullish if we could hold in the 60s all through the summertime. And we're looking at it like we're not only holding, but we're strengthening, which is very impressive because you don't, you have sellers that we thought were buyers. And that is cool. That you have 300,000 Bitcoin, I think, need to get recycled. Just from the treasury companies. And they're being recycled right now. It's happening like quickly. I think it's cool. Hey, Gary, what's it going to take for the big energy companies to get on board? You know, the X on the mobile, the refineries, the old nine yards? I don't think they will, man. Why not? Because like, well, it's first off, you got to understand so much about Bitcoin. And it's not going to move their needle. Like right now, if you're X on mobile, what are you looking at? You looking at, hey, how much $45 crude oil can I fucking drill? Who cares about Bitcoin? I'm drilling $45 crude oil, and I'm selling it for 70, 80. Less role. I think that's right. And this is my point about Bitcoin. It's really needed to be $2 or $3 trillion by now. It's going to have to work up to that before it can play any relevant role, anywhere in my opinion. Other than store value for wealthy people, store value for families, some of these companies like Grant will keep doing this. OK, he'll accelerate now. He'll be very cruel by $95,000 Bitcoin, because he'll be raising funds all along to do the real estate. See, that's where I hate to use this word, because I've never, ever seen this term actually work without ripping someone off. But this fly will affect, I think, for Grant. And it's timing is good, because he has no competition. The reeds can't compete with him. This is to me, the kind of business. So I just don't think the X on mobile is to do it in any meaningful way. I think the energy companies that do it will be sovereign energy companies that don't want to talk to somebody about selling crude or anything else and getting permission for it. So, you know, and they can't even sell it anyway. They're stuck in the desert somewhere. See, to me, this is like a grid state that, you know, one of the things we don't talk enough about is the grid stabilization that Bitcoin provides, right? They, you know, you've got the three grids and you know, let's just talk US-specific. And I haven't looked at Texas in a while, but like, you know, the way that thing fluctuates and the beauty of being able to turn the miners on and off, I don't know, it just seems like a natural for some fit within the energy complex. And, you know, I'm just not an expert enough in that to say who should pick that up as a service, if you will. But it's, you know, I don't think it's gonna work, man. I think you're seeing Mara and all the big boys that are, you know, they're mining it $108,000 of Bitcoin. Okay, remember when you hear average prices 72, it's really a misleading number. There's a bunch of people producing Bitcoin at $27,000 and $32,000. And then there's the rest of them producing it 90 plus. So Mara, scaling Bitcoin miners is not gonna work because you're paying seven cents a kilowatt. Now, where it could work, I think this is child of where it could work is maybe a nuclear power station. But why would a nuclear power station produce Bitcoin mining? Why wouldn't they do AI? Take 15, 20% of their load to AI. And now they're no longer a base load provider of the grid, which the grid hates base load. Hades it. Because it's not flexible, right? Doesn't move around. And with nuclear, you're either on or you're off. So I could see that maybe working. Because they sell for like three and a half cents a kilowatt, you know, I mean, if they could sell for five and only sell 80% of the time on peak loads, I'm not sure the data mining centers, though, can use that kind of on and off. But you know, you could mind Bitcoin with it. Yeah, that's making it a small reach out. That's totally where I'm going. And up because like, upgrade the transmission system, right? Where you're getting more revenue from providing a flexible more flexible service. Exactly, that's that's your use in it is. And I look, Bitcoin's a beautiful option. I think that's the way the other thing, we talked about insurance, child, and I think, you know, if you look at the way Bitcoin is going to be insured, it's going to fall into the rare art category. It's already falling into it. And once you see the insurance companies, that's where they're going to bucket it. That might be how we need to treat Bitcoin for a while. My it's interesting. Yeah, I'm thinking in terms of, you know, if you look at the GDP and the quality of life of like a developed country and the amount of energy, you know, let's face it, the quality of life is directly tied to the amount of energy that you use, right? And it's just so intermittent and variable. Like you said, they don't like base load for, I guess probably for margin reasons. Am I saying that right? See, senior. So I don't know, it just seems to me like the flexibility that Bitcoin adds to any grid is so invaluable given the constraints that we're facing. You know, how long is it going to take for those nuclear power plants to come online first of all? And then once they are online, you know, how do you size it right? So it's not like it's a, it's a one to one. I don't know. It just, my God's telling me we're going to see something really interesting with Bitcoin mining, specifically, differentiating it from the AI mining because like you were saying, the cost, the cost is so variable, that production cost. By the way, I think, you know, production cost is a huge reason that, Bitcoin is likely to continue to go up through the decades is because, you know, that production cost has to increase, right, with the having. So it's like, I don't know, just I just really like the soup and I can't wait to see more use cases. Like again, top, you know, hats off to your brother. He's, I think, just going to kill it. But I can't wait to see what the next wave of companies that plugs this in as part of their business model. And I'm really curious, you know, from the room who we think, you know, industries or players that we think are kind of next in line, they're likely candidates. Grant doesn't wear hats, but let's say hi to dark and then go to Fred. Top of the day to you, gentlemen. You had a great day, huh? It's really fascinating. I saw Scott Melker just posted a tweet of fiscal dominance in a picture of Scott percent wrestling and pinning Kevin Worsh, really fascinating stuff. And then it is interesting that this is coming from the treasury and not the Fed. And I'm not sure what I read into that. I think there's a lot to read into that. But I'm going to have to think it through. But look, I agree with a lot of what Gary said. And by the way, I'm a supporter of Grant, right? That's the only treasury company I own is a small investment in one of Grant's Bitcoin projects. Simply because I want to support it. I think that's the right model. I think Gary nailed it on the head, right? This is you've got to have the cash flow to be a Bitcoin treasury company. And on that front, man, I love what Grant's doing. I might disagree slightly on the insurance companies. I think there's a record in coming there. I think we all kind of know there are hot mess. And I'm intrigued to see where that goes, right? If private credit and some of the malinvestment in insurance does implode, and I guess there's a chance it will, what do they do next? And Bitcoin just seems like the natural fit for them. Gold in silver as well. I could see them just going to hard assets. And again, I think what we're really discussing is the debatement trade. What you're seeing today is the re-exceleration of the debatement trade. It's not just Bitcoin that's resuming. Gold's zoom in, silver's zoom in. Anything with real molecules is zooming. That's the debatement trade. So it'll be interesting to see if this continues. I think it will, personally. But I think that the debatement trades back on again. And that's exciting to see. Fred, what about you? Are you in the basement trading as well? Yeah. I'm not. You know what? I'll tell you what I'm really starting to really think is interesting is blocks of stuff. And I just did a little, I was just on blocks website. There's this amazing list of Bitcoin in there. And I just reposted this once that. Which I think is amazing because sailors sitting there going, I'm trying to onboard a billion people in debates. And I was sort of thinking about it. No, you're actually trying to win debates. And you're not onboarding that many people to Bitcoin. And I just sort of thought about it. I went, I cranked through the numbers. And sailors looks like he has about 2 million shareholders of MSTR. And if those are probably about 500,000 people have actually touched Bitcoin at all. Now, cash app, as of today.