Saylor is once again focusing on the supply side. ETFs continue to absorb daily selling pressure, and corporate treasuries are also buying in succession. His point is very straightforward: $BTC 's bottom looks more like the result after sellers are exhausted, not a valuation collapse. He thinks quantum threats are still too early, and what really matters is how the credit layer will develop later. $BTC

𝐑𝐞𝐝𝐞𝐟𝐢𝐧𝐢𝐧𝐠 𝐂𝐫𝐞𝐚𝐭𝐢𝐯𝐢𝐭𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐄𝐜𝐨𝐧𝐨𝐦𝐲: 𝐌𝐲 𝐉𝐨𝐮𝐫𝐧𝐞𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐆𝐚𝐭𝐞 𝐒𝐪𝐮𝐚𝐫𝐞 𝐂𝐫𝐞𝐚𝐭𝐨𝐫 𝐂𝐚𝐫𝐧𝐢𝐯𝐚𝐥
𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧: 𝐖𝐡𝐞𝐫𝐞 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐌𝐞𝐞𝐭𝐬 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲
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