Michael Saylor has officially pushed his total Bitcoin holdings to 713,502 coins with an aggregate purchase price of over $54 billion, but his average cost basis now sits at $76,052 per coin. With Bitcoin currently testing the $75,000 range, his entire strategy is technically underwater, and the inflation-adjusted loss is a staggering blow to his credibility as a “macro” genius. This isn’t just a paper loss; it’s a structural threat because his company relies on convertible debt and constant equity issuance to stay afloat. People are ignoring the fact that his “21/21 Plan” to raise another $42 billion becomes impossible when the stock trades at a discount to the Bitcoin it holds. He’s turned a decentralized asset into a centralized debt bomb, and when the liquidity dries up, there won’t be anyone left to bail out the man who bet the farm on a single ticker.

Investors have pulled out ~$5.7 BILLION from the 12 US-listed spot Bitcoin ETFs over the last 3 months. This marks the longest and biggest outflow streak since they were launched in 2024. In January, Bitcoin ETFs saw $1.1 billion in outflows, $1.1 billion in December, and $3.5 billion in November. Will the streak extend to February? (People who want to invest and are smart investors will wait for Saylor's fund to go into a forced liquidation and all of the Bitcoin funds are forced to sell their Bitcoins. At that point, you could buy Bitcoin and hope for a tremendous recovery. A better idea would be to buy silver mining stocks in countries where the Natives SPEAK ENGLISH. DO NOT TAKE CHANCES ON LA REVOLUCION TAKING AWAY THE MINES FROM LOS GRINGOS.)

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"Crowded positioning coincided with an air pocket in demand, leaving consensus longs without a marginal buyer. A snapback is possible, but MS quants would sell any bounce in Momentum..."

https://www.zerohedge.com/markets/morgan-stanley-quants-warn-10-billion-forced-systematic-selling-retail-buyers-absent

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Say Hello To $70k — Bitcoin’s Software Meltdown Is Accelerating

Bitcoin: Call it money, call it code, call it a philosophy, the tape calls it software. And software is getting smoked.

https://www.zerohedge.com/the-market-ear/say-hello-70k-bitcoins-software-meltdown-accelerating

"Crowded positioning coincided with an air pocket in demand, leaving consensus longs without a marginal buyer. A snapback is possible, but MS quants would sell any bounce in Momentum..."

Countering Concerns About Jews Controlling The Media

There is sort of a symbiotic relationship between Jews concerned about Israel and avoiding assimilation and antisemites. Both Zionists and those who want to strengthen Jews' feelings of Jewish identity benefit from having enemies, and of course, antisemites benefit from having Jews around to blame for controlling the media, promoting leftwing policies, etc.

Unfortunately for antisemites, New England Patriots owner Robert Kraft's antisemitism ad is so comically bad it may cause them to reconsider to what extent Jews are controlling the media and otherwise pulling the strings: How can Jewish billionaires like Robert Kraft wield power effectively if they are so inept and tone-deaf that they would burn money on ads like this? 

I'll let you consider that question as you watch the video of Kraft's organization's ad below. Before we get to that, allow me to share a quick PSA of my own.

$15 Million And Unrequited Love For African Americans

Years ago, at an office Christmas party for a brokerage in New York, I stood chatting with one of my coworkers, who happened to be black. Our manager came and grabbed him by the arm, pulling him onto the dance floor. Like many American Jews of a certain age, he had a fondness for African Americans despite that feeling not appearing to be mutual. 

I was reminded of that watching Robert Kraft's fantasy below, where a Jewish kind is bullied by his white classmates and a black classmate comes to his defense, before throwing his arm around the Jew in a brotherly way. 

(SOMEONE WHOULD TELL THE BLACKS THAT ISRAEL KILLED, JFK, RFK AND MLK JR. AND TELL THE VETERANS THAT ISRAEL SANK THE USS LIBERTY.  AND ISRAEL  DID 911 SO WE COULD INVADE ISRAEL'S GENTILE NEIGHBORS IN THE MIDEAST.)

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Russia Offers To Remove All Enriched Uranium From Iran

Last ditch mediation: "but... important to note that the aforementioned stockpiles belong to Iran."

https://www.zerohedge.com/geopolitical/russia-offers-remove-all-enriched-uranium-iran-last-ditch-mediation-effort

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The US Might Make The Sahelian Alliance An Offer That It Can't Refuse

...may be told to let the US replace or at least “balance” Russia’s role as their top security partner under implied pain of US-backed Nigerian military pressure on anti-terrorist pretexts

https://www.zerohedge.com/geopolitical/us-might-make-sahelian-alliance-offer-it-cant-refuse

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Security Expert: Illegal Minneapolis Checkpoints Trace Back To Marxist, Anarchist Movements

"Marxists treat barricades as symbols of transition from civil protest to armed struggle."