- Crypto Nutshell
- Posts
- 🥜 Bull market
🥜 Bull market
PLUS: 500,000 Bitcoin
Today’s edition is brought to you by Crypto.com
Start earning up to 5% back on all your spending! No annual fees. Sign up for the Crypto.com Visa Card today to receive your instant $25 bonus!
GM to all of you nutcases. It’s Crypto Nutshell #583 prowlin’ past… 🐆🥜
We're the crypto newsletter that's more haunting than being trapped in a time loop during a mysterious dinner party... 🍽️🌀

What we’ve cooked up for you today…
💰️ They did it
🐮 Are we still in a bull market?
💪 We’re so back
💰 And more…


Prices as at 2:40am ET

THEY DID IT 💰️
BREAKING: Michael Saylor’s Strategy surpasses 500,000 Bitcoin with latest purchase

Saylor is back with his big-time Bitcoin purchases…
Today, Michael Saylor announced that Strategy acquired another 6,911 BTC for ~$584.1 million. (Average of $84,529 per BTC)
But the bigger news?
This latest buy pushes Strategy’s total Bitcoin holdings above 500,000 BTC! 🤯

Here’s a quick snapshot of Strategy’s total holdings:
Current BTC Holdings: 506,137 BTC (~2.41% of Bitcoin’s total supply)
Total Cost Basis: $33.7 billion
Average Purchase Price: $66,608 per BTC
Unrealized Profit: $10.1 billion
It’s absolutely mind-blowing that one company has managed to accumulate this much Bitcoin…
This latest acquisition was financed primarily by recent stock offerings:
Sold around 2 million shares of Class A common stock (MSTR), raising $592.6 million.
Completed a preferred stock offering (STRF) that generated roughly $711 million
Raised an additional $1.1 million via its perpetual strike preferred stock (STRK)
Here’s another crazy stat for you:
Strategy has already spent $5.3 billion acquiring Bitcoin during the first quarter of 2025 alone.
Following today's announcement, Strategy’s stock (MSTR) surged significantly, up +18.58% over the past five days.

Despite short-term volatility, Saylor’s playbook remains unchanged:
Buy aggressively, hodl, and capitalise when the market dips
Saylor and Strategy are literally the definition of maximum conviction when it comes to Bitcoin…

MAKE EVERY TRANSACTION COUNT 💳
If you haven’t got a crypto card yet, you’re living in the past.
With a Crypto.com Visa Card you can spend your crypto anywhere you want.
The benefits are insane.
Not only is there NO monthly or annual fee, you also get up to 5% back on every transaction.
With your Crypto.com Visa Card you can:
Enjoy 100% cashback on Spotify, Netflix, and Amazon as a new customer. 🍿
Get complimentary access to airport lounges and elevate your travel experience. ✈️
Flaunt your style with the sleek and stylish metal card 🌟
Here’s how to get your $25 bonus and start earning up to 5% back:
Click here to Download the Crypto.com App
Sign Up: Use our referral code - Nutty - for your instant $25 bonus.
Get Your Crypto.com Visa Card: Start making transactions, earning rewards, and enjoying the perks!
Start making every transaction count - the future is here.*

ARE WE STILL IN A BULL MARKET? 🐮
Cathie Wood is infamous for her Bitcoin to $1.5 million by 2030 prediction.
But after a volatile 2025, is she still standing by it?
Are we even still in a bull market?
According to her latest interview? Absolutely.
Cathie Wood is the founder and CEO of ARK Invest and a long-time Bitcoin bull.
In her latest Bloomberg interview, Cathie Wood didn’t flinch when asked if she still believes Bitcoin is headed to $1.5 million by 2030.
Her response?
“Yes, it is our view.”
Despite the current market jitters, Wood believes we’re still in the middle of a bull market, just within a temporary risk-off period.
While markets look shaky, Wood thinks we are already at or near the lows.
She’s seeing early signs of a recession, which will only end in 1 way:
“It sets the Fed and administration up for tax cuts, lower interest rates, or at least an end to quantitative tightening.”
This is something we’ve been prattling on about for weeks.
Once quantitative tightening ends, Bitcoin and the broader crypto market are let off the leash.
Why?
Because when interest rates drop and the money printer kicks in, capital starts chasing risk.
And that path leads straight to Bitcoin and crypto.
So no — Cathie Wood isn’t backing down.
To her, $1.5M per Bitcoin by 2030 isn’t a moonshot — it’s the base case.
And if her 2018 Tesla call taught us anything, it’s this:
Being early & bold is how you win big. 🎲

WE’RE SO BACK 💪
The outflow streak is over…
After 17 consecutive days of red, digital asset funds finally saw net inflows again, raking in $644 million last week.
Let's break down exactly what happened.

Bitcoin came out on top with inflows of $724 million for the week.
(It’s worth pointing out that these inflows ended a five week outflow streak that totalled $5.4 billion)
Meanwhile, XRP and Solana saw notable inflows too, with $6.7m and $6.4m respectively.
Ethereum, however, had another rough week, posting significant outflows of $86 million.

Regionally, the U.S. dominated with inflows of $632 million.
This positive sentiment was also seen in Switzerland (+$15.9m), Germany (+$13.9m), and Hong Kong (+$1.2m).
On the flip side, Sweden (-$10.3m) and Canada (-$9.1m) remained bearish.

This was a decisive turnaround in market sentiment.
Thanks largely to Trump's easing of tariffs and the Fed's decision to slow down QT (as we covered last week), market conditions have significantly improved.
We’re so back. 😎

CRACKING CRYPTO 🥜
US Senator submits proposal to end the FED while White House advances Bitcoin reserve buying. Senator Mike Lee's proposal to dismantle the Federal Reserve and Trump's pursuit of a Bitcoin reserve suggest a potential recalibration of U.S. monetary policy.
Sam Altman’s World Network in Talks With Visa for Stablecoin Payments Wallet. The move will make World Wallet into a "mini bank account" for anyone who wants it, according to a person familiar with the plans.
Bitcoin on track for worst Q1 close since 2020, but analysts predict a Q2 rebound. Analysts opined that a BTC reversal may be close and that bullish momentum could resume in Q2, citing historical data and macroeconomic developments.
Bitcoin bottom forming as Fed eases, Trump softens on tariffs. Bitcoin could be gearing up to return to the $90,000 level after Trump signaled plans to ease tariffs and the Federal Reserve held firm against inflation fears last week.
WHAT WE’RE READING 📚
Want to get even smarter? Check these out.
p.s. all completely FREE (one click subscribe link)
Raremints (link) - Daily crypto news
Bitcoin Breakdown (link) - Daily Bitcoin news
Techpresso (link) - Daily tech news and insights
The Hustle (link) - Get Smarter on Business and Tech
Your Next Breakthrough (link) - Personal growth with Mark Manson
The Neuron (link) - AI trends and tools to keep you ahead
CAN YOU CRACK THIS NUT? ✍️
Select your answer below and you’ll be redirected to the results page. (answer explanation can be found after “Meme Corner”)
What was Bitcoin's initial block reward? |
MEME CORNER 😂
Because what would the crypto world be without its share of memes?

Trivia Answer: 50 Bitcoin 🥳
The initial block reward was 50 bitcoins. The block reward halves approximately every four years. As of the latest halving, the reward is 6.25 bitcoins.
GET IN FRONT OF 95,000+ CRYPTO INVESTORS
Advertise with Crypto Nutshell to get your product or brand in front of the crème de la crème of crypto investors. Crypto Nutshell readers are high-income earners who are always looking for unique or interesting offers.
HOW DID WE DO? 🤷
We read every comment submitted in this poll and love to hear what you guys have to say. 😁 (bonus points for suggestions 🍪)
What did you think of today's Newsletter?Don't worry, you won't hurt our feelings... 🥲 |
NUTCASE REVIEW OF THE DAY 🔍

DISCLAIMER: The content of this newsletter is not financial advice. This newsletter is strictly educational and is not investment advice. Please be careful and do your own research.
Reply