Michael Saylor, the Strategy Chairman, has once again dazzled the crypto world with a tweet as florid and dramatic as a Shakespearian soliloquy—or perhaps the financial equivalent of a weather forecast delivered by a poet laureate. In his latest verbal vignette, he boldly christened Bitcoin as an “Orange Dwarf,” a celestial metaphor that drew the ire, admiration, and confusion (and probably some eye-rolls) of the crypto community. 🎭
“Bitcoin is an Orange Dwarf— the brightest object in the financial system— growing stronger, hotter, and denser as it attracts capital.”
— Michael Saylor⚡️ (@saylor) March 15, 2025
If this comparison makes your head spin like a carnival teacup ride 🎡, fear not—you’re not alone. Saylor’s astrophysical analogy paints Bitcoin as the financial universe’s version of an orange dwarf star: stable, relentless, and destined for modest but enduring greatness. (In other words, not a rockstar but your ultra-reliable accountant who does TikTok dances on weekends.)
In yet another declaration dripping with digital reverie, Saylor crowned Bitcoin a “digital energy network,” presumably to outdo himself in the “Metaphors Nobody Asked For” category. 🤷♂️
For the uninitiated, this pronouncement comes as no surprise. Since August 2020, Saylor and his company, freshly renamed “Strategy” (yes, just “Strategy”—because apparently, words are for peasants), have been gobbling up Bitcoin like it’s the last bowl of guacamole at a party. 🍴🥑 As of today, MicroStrategy/Strategy/Whatever owns a cool 499,096 BTC, more than enough to make your average whale feel like a guppy.
Meanwhile, in other news designed to keep the crypto crowd awake at night, Bitwise has launched an ETF tracking companies like Saylor’s Bitcoin-devouring enterprise. The ETF—dubbed BMAX, because someone in marketing clearly skipped lunch—is tracking businesses that treat Bitcoin like their golden goose. Saylor’s venture alone reportedly accounts for a jaw-dropping quarter of this index. (Is it really an index if one thing’s doing all the heavy lifting? Asking for a friend. 🤷♀️)
Meanwhile, in the Land of Price Wobbliness… 🤔
At press time, Bitcoin was throwing what can only be described as a toddler tantrum, down 1.14% in 24 hours to a modest $83,263. Blame it on macroeconomic jitters, the neverending saga of Federal Reserve hand-wringing, and probably Mercury retrograde. 🪐
The Fed, determined to keep inflation at its Goldilocks-approved 2%, meets this week to deliberate on whether to stop its QT program—or, as they might call it, the “world’s most expensive game of Jenga.” Shockingly, traders are already pricing in interest rate cuts later in the year, because optimism is the official currency of financial Twitter. 🤡
So there you have it—a theater of stellar metaphors, ETF launches, and central bank drama. Whether Bitcoin remains the “Orange Dwarf” of Saylor’s fever dreams or transforms into a “Black Hole of Regret,” one cannot deny its gravitational pull. 🌌
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2025-03-16 18:55