BTC
Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest - Recent news and sentiment analysis
Default charts cover the last 24 hours by "day" period and sentiment shares compare positive vs. negative mentions after removing neutral posts.
Price
Today
Users
Total
BTC Price & Sentiment Over Time
Sentiment series exclude neutral posts so the green/red balance matches the bar on the home page; price points use the latest available quote.
CEO bought $1,000,000 and maybe it triggered the algorithms? BTC should have nothing to do with it...
CEO bought $1,000,000 and maybe it triggered the algorithms? BTC should have nothing to do with it.
Why tho. BTC?
If everyone expects bad things the market will price them all in, until clarity hits and the market ...
If everyone expects bad things the market will price them all in, until clarity hits and the market again moves upwards, this isn't magic. same for btc, everyone said it was dead, it basically moved with the spy pricing in negative events and sentiments, thats why it's pumping today
1 BTC is equal to 91,227,451,180.00 IR I'm sure they're buying loads
1 BTC is equal to 91,227,451,180.00 IR I'm sure they're buying loads
Probably BTC. Cartel shit
XRP bros on suicide watch seeing BTC being more green
XRP bros on suicide watch seeing BTC being more green
Can't fool me with this nonsense. BTC 120k, SPY 750, MSTR 500 before September
Can't fool me with this nonsense. BTC 120k, SPY 750, MSTR 500 before September
WW3, epsiten files, horrendous technicals, btc to 0, credit collapse, AI bubble, AI takeover, saaspo...
WW3, epsiten files, horrendous technicals, btc to 0, credit collapse, AI bubble, AI takeover, saaspocalypse, Warren buffet selling everything, nvidia circular financing, Nvidia 60% 4 customers 60% IOU revenue, dumb PE ratios, riding 100sma. ALL THAT TO END THE GOD DAMM WEEK FLAT
My Twenty One Capital (XXI) DD
Made sure to keep the AI used to a minimum for you regards. Here we go. What kind of trader are you? The one who buys into crowed plays? Or a contrarian who has emotional capacity to buy something when it feels gross? Fair warning, if you think BTC is worthless, this one ain’t for you. If you’re the latter, I have a trade you may want to look into. Today I bought calls in Twenty One Capital (XXI). You may know this as Jack Mallers’ Bitcoin treasury company. I listen to Mallers’ YouTube show weekly and have a pretty good feel for the guy and what he’s trying to do. He wants the company to accumulate bitcoin through internal operations (lending and other financing ops) without using offerings/ diluting stock. So a different layout than Microstrategy. XXI is compelling to me for a few reasons. Forgive my use of Chat GPT to show a few calculations for sake of time. Using XXI’s treasury of ≈ 43,514 BTC, the net asset value (BTC only) at $69,000/BTC is: 43,514 × 69,000 = $3,002,466,000 ≈ $3.00 B BTC NAV XXI has \~339 M shares outstanding (post-SPAC basic). BTC NAV per share: 3.002\\text{ B} \\div 339\\text{ M} \\approx \\$8.86 ≈ $8.9 NAV/share at $69k BTC What this means vs price You’ve been looking at XXI around \~$6: • NAV/share ≈ $8.9 • Price ≈ $6 • mNAV ≈ 0.67× Okay I’m back. If you skipped that just know XXI is trading significantly under their current BTC book price. I believe that’s because nobody wants to be in the BTC treasury space right now. It feels gross. Second, I’ve seen that once MNAV on companies like this drop below zero, people exit the trade as the company can be seen negatively vs peers. Why does this feel gross right now? I think we can start at market level, then drill down to crpyto and then XXI specifically. I listen to a good amount of AI podcasts run by people I hold in high regard. Prevailing sentiment is that nobody knows what’s going to happen. I’ve been trading for 16 years and uncertainty brings buying opportunities. The US market will always go up long term. You can find 1,000 reasons to rebuke that, but history favors the bulls. I always want to buy into uncertainty. I think in the coming months the market will begin pricing AI as a positive instead of a negative. So what’s up with crypto? Is it a scam? Worthless? Well, some of it is. I’m not a memecoin guy. I buy value. I’ve taken the time to do my 100+ hours of research on Bitcoin and there is deep value. However, it’s reliant on liquidity. The landscape right now is not favorable - rates need to come down and we need huge stimulus to re-shore our manufacturing base. When that happens, you want to own assets (stocks, land, real estate, gold, metals, bitcoin) because the value of the dollar will be hollowed out. What about XXI? Why is it trading below MNAV? I think one reason is that Jack Mallers doesn’t really talk about this company right now on his shows. I think there’s a reason for that. They haven’t reported earnings yet, so I don’t think Mallers is able to disclose any information that would be substantial. They report for 2025 on April 3rd. I fully expect Mallers to disclose meaningful info that will positively impact the stock. Jack cares deeply about Bitcoin and his other company Strike. I refuse to believe he doesn’t give a shit about Twenty One. When (not if) Bitcoin moves higher, I believe this company is the best vehicle to capture upside. NAV will move above one, and should settle around 1.25 in the short term. I think this is where most BTC treasuries will trade in neutral markets. My final point is also pasted from GPT but shouldn’t be overlooked. Tether, Bitfinex and SoftBank own a huge amount of the float on this name. There’s no exact % in public filings yet, but multiple deal analyses converge around: Tether \~50–55 % Bitfinex \~25–30 % SoftBank \~15–25 % Public float \~10–20 % (This range matches the capital contributions + BTC supplied.) You capture both BTC gains and the mean reversion. I’m willing to take significant risk here so I’m playing this with calls out to July. Shares also have plenty of upside. I’ve attached my position. March and April are historically up months for the market, and with crypto fear/greed still near historic lows, this is where I feel comfortable with the risk/reward on a big upside swing. I bought $7.50 strikes out to July, with a break even of 8.28. I think that we only need 85k bitcoin to recapture that level. My base case is a Bitcoin run back to around 90-100k in the short term (next 2-3 months) which should send XXI to $10+. Thanks for reading, if this sounded like your type of risk then do some more research before potentially entering. I’m not a professional analyst. But I do have a pretty good slugging percentage when it comes to bets like this. Good luck!
Btc hit 70k then got scared
Btc hit 70k then got scared
I made 12k from 2,400 all thanks to not being regarded and thinking btc is going to zero
I made 12k from 2,400 all thanks to not being regarded and thinking btc is going to zero
BTC is the flock to safety asset again??
BTC is the flock to safety asset again??
Nobody wants to say BTC could see 100k again
Nobody wants to say BTC could see 100k again
btc, there are a lot of shorts above you, just saying...that short squeeze will be legendary
btc, there are a lot of shorts above you, just saying...that short squeeze will be legendary
SLV profits leaving for BTC in real time
SLV profits leaving for BTC in real time
would be funny if btc just decides to pump back to 80k, eating up all the shorts lol
would be funny if btc just decides to pump back to 80k, eating up all the shorts lol
time to pamp btc back to 70k
time to pamp btc back to 70k
BTC Unc time to get to 100k again
BTC Unc time to get to 100k again
What countries leaders are selling their currency and piling into BTC? No shot this is organic.
What countries leaders are selling their currency and piling into BTC? No shot this is organic.
BTC continuing the ruler up to heaven to replace silver
BTC continuing the ruler up to heaven to replace silver
Btc still hitting 50k right…
Btc is flying yall
hey, spy! btc is going parabolic right now, time to send it
hey, spy! btc is going parabolic right now, time to send it
BTC back from the grave
btc back to tuesday high prices, willonly take few hours for spy to do aswell
btc back to tuesday high prices, willonly take few hours for spy to do aswell
Zoom out 3-6 months on BTC. Chart doesn’t even move lmao
Zoom out 3-6 months on BTC. Chart doesn’t even move lmao
BTC finally 🚀
Metals rotating to btc?
$600 if BTC reaches $150k in 1-2 years.
$600 if BTC reaches $150k in 1-2 years.
Wait til BTC comes back, we’re headed to $250
Wait til BTC comes back, we’re headed to $250
Well 🥭.. I guess that’s one way to pump BTC
Well 🥭.. I guess that’s one way to pump BTC
ngl i actually had a dream about btc
ngl i actually had a dream about btc
"Maybe BTC is basing at $65" - Cramer Later Corn nerds. you deserve this.
"Maybe BTC is basing at $65" - Cramer Later Corn nerds. you deserve this.
How long do I have to wait for btc to hit 50k so i can start buying…
How long do I have to wait for btc to hit 50k so i can start buying…
Saylor buying BTC while he's underwater feels like he's definitely a regular crayon eater
Saylor buying BTC while he's underwater feels like he's definitely a regular crayon eater
MS, JPM, V, AXP, WMT, BRK, AAPL, NFLX, NVDA, AMZN, META, MSFT, COST, GOOGL Smaller amounts (riskier...
MS, JPM, V, AXP, WMT, BRK, AAPL, NFLX, NVDA, AMZN, META, MSFT, COST, GOOGL Smaller amounts (riskier) BTC, RDDT and UNH.
Bols yesterday: "it's going to pump" "priced in" "it'll end flat" "btc is pumping" WHERE ARE YOU CLO...
Bols yesterday: "it's going to pump" "priced in" "it'll end flat" "btc is pumping" WHERE ARE YOU CLOWNS
BTC dumping
BTC is the new safe heaven asset now, please I want to get rich off MSTR
BTC is the new safe heaven asset now, please I want to get rich off MSTR
Zooms out to the 1 month chart. Whew almost thought BTC wasn’t down 25% on the year
Zooms out to the 1 month chart. Whew almost thought BTC wasn’t down 25% on the year
BTC pumping before trading opens. Definitely not sus. Definitely not a mouse trap.
BTC pumping before trading opens. Definitely not sus. Definitely not a mouse trap.
Whats btc doin
Are you blind or just regarded? BTC has tracked and been a proxy to tech for a decade.
Are you blind or just regarded? BTC has tracked and been a proxy to tech for a decade.
Europe will be the first to reverse and then futes will rip to barely red Even BTC is exactly where...
Europe will be the first to reverse and then futes will rip to barely red Even BTC is exactly where it was on Friday before exactly what everyone thought would happen actually happened
Europe will be the first to reverse and then futes will rip to barely red Even BTC is exactly wher...
Europe will be the first to reverse and then futes will rip to barely red Even BTC is exactly where it was on Friday before exactly what everyone thought would happen actually happened
BTC gonna be $82k by EOW
Imagine thinking that BTC dumping on a Sunday evening means something
Imagine thinking that BTC dumping on a Sunday evening means something
BTC up 1.5% over past 5 days and people are thinking that it’s rallying 🤣
BTC up 1.5% over past 5 days and people are thinking that it’s rallying 🤣
Lmfao BTC was the bulls last hope
Lmfao BTC was the bulls last hope
BTC down 20% on the year and you’re gonna use it as copium for your calls?
BTC down 20% on the year and you’re gonna use it as copium for your calls?