ChainCatcher news, economist and gold advocate Peter Schiff posted on X: "Most of the people buying Bitcoin now believe it will make them rich. Most of those who already own Bitcoin refuse to sell because they hold the same belief. The majority of those selling Bitcoin have already become wealthy because they bought Bitcoin years ago and are now cashing out.Many people buying gold actually need it for business. Investors buy gold not to get rich, but to preserve wealth, or at least to maintain the value of their existing assets. So there is a significant difference between the two."Schiff also stated: "Today's Bitcoin price has once again reached a new all-time high. It is very likely that tomorrow we will find out the buyer is Michael Saylor. This seems to be a trend, as this has happened for the past five Mondays."

ChainCatcher news, Binance co-founder Zhao Changpeng (CZ) posted on X summarizing MicroStrategy's strategy: "Buy Bitcoin and hold."Previously, Bitwise Alpha's strategy head Jeff Park released an executive summary on the "MicroStrategy theory," exploring how to profit from financial super-financialization.

ChainCatcher news, according to Bitcoin.com, MicroStrategy Executive Chairman Michael Saylor criticized Berkshire Hathaway's cash management strategy on the PBD Podcast.He pointed out that Berkshire's $325 billion cash reserve earns a maximum of 3% after-tax returns, but faces a 15% cost of capital, resulting in a monthly loss of about $3 billion in shareholder value. Saylor expressed confidence that he could convince Buffett to invest in Bitcoin within an hour and believes that the late Charlie Munger would also support this decision.

ChainCatcher News, incoming U.S. President Trump has a plan developed by an ally in the U.S. Senate aimed at filling the strategic Bitcoin inventory proposed by Trump without increasing the government deficit, specifically by selling off a portion of the Federal Reserve's gold.Wyoming Republican Senator Cynthia Lummis plans to push for a bill when the new Congress convenes next year. The bill calls for the U.S. to purchase 1 million Bitcoins, which would account for nearly 5% of the outstanding tokens. At current market prices, this acquisition would cost approximately $90 billion; however, if the bill is passed and investors act before the government purchases, the amount needed for the acquisition could increase.

ChainCatcher message, Google Trends shows that the recent searches for the keyword "Buy Bitcoin" mainly come from Nigeria, followed by Cameroon and Ghana.

ChainCatcher news, Bitcoin mining company Marathon Digital recently sold $300 million in convertible notes to purchase 4,144 bitcoins, following the strategy of MicroStrategy.MicroStrategy's Executive Chairman Michael Saylor has made large-scale purchases of Bitcoin through borrowing, making his company one of the largest holders of Bitcoin in the world. Marathon Digital's move reflects the challenges faced by the mining industry: mining profits have significantly declined, and mining companies are forced to find other ways to sustain operations.Industry experts believe that as Bitcoin mining profit margins decrease, the pressure on mining companies increases, and debt financing may see a revival across the industry. Marathon's strategy is seen as a pragmatic choice to address the current challenges in the industry, while also reflecting its confidence in the long-term value of Bitcoin.

ChainCatcher news, according to Bitcoin Magazine, MicroStrategy founder Michael Saylor stated that he would also buy Bitcoin when the price reaches 8 million dollars.

ChainCatcher news, according to Bitcoin Magazine's disclosure on social media, the chairman of the publicly listed medical technology company Semler Scientific stated that he decided to invest $40 million in Bitcoin due to seeing the achievements MicroStrategy has made in Bitcoin investment.Previously, the Nasdaq-listed company Semler Scientific announced the purchase of BTC and will adopt Bitcoin as its primary reserve asset, after which its stock price rose over 25%.

ChainCatcher news, BlackRock's Head of Digital Assets Robert Mitchnick stated in an interview that in the coming months, financial institutions such as sovereign wealth funds, pension funds, and endowments may begin trading spot ETFs.Robert mentioned that many interested companies, whether we are talking about pension funds, endowments, sovereign wealth funds, insurance companies, other asset management firms, or family offices, are engaged in ongoing due diligence and research discussions, and BlackRock is playing a role from an educational perspective.

ChainCatcher news, according to Bloomberg, the "Buy Bitcoin" sign behind U.S. Treasury Secretary Yellen during the House Financial Services Committee meeting in 2017 was recently sold at auction for $1.027 million. The sign was sold by Christian Langalis, who plans to use the proceeds to fund a Bitcoin software project. Christian Langalis is an intern at the libertarian think tank Cato Institute.Previously, in July 2017, when Yellen attended the House Financial Services Committee meeting, he managed to grab a seat behind Yellen and quickly wrote this message. After the slogan was captured by television stations, Christian Langalis was expelled from the venue.

ChainCatcher news, Bloomberg ETF senior analyst Eric Balchunas stated that Genesis appears to be selling its GBTC shares to buy Bitcoin. This week's significant outflow from GBTC may be due to Genesis.

ChainCatcher news, according to The Block, JPMorgan CEO Jamie Dimon stated at the Australian Financial Review Business Summit, "We will defend people's right to buy Bitcoin."But Jamie Dimon added that he personally would never buy Bitcoin.Dimon indicated that the recent surge in Bitcoin prices should prompt investors to pause, and he subsequently suggested that the market may be experiencing a bubble, with bullish buyers possibly ignoring these signals.