Happy Friday!

Michael Saylor might have been misunderstood. Or so he says, regarding his ‘never sell your Bitcoin’ tagline. Here’s what he actually meant…

Gary Gensler may have left crypto, but he’s still not out of the regulation game entirely. Now he is taking aim at prediction markets like Kalshi and Polymarket…

Plus, you can't buy SpaceX before it goes public. The hedge funds already locked that up. But a handful of companies have held SpaceX shares for years — and everyday investors can buy into them today. We found all 8 and put them in one free report.

See All 8 Tickers NOW.

TOP STORY

Michael Saylor Fires Back: 'I Never Said The Company Wouldn't Sell Its Bitcoin'

Michael Saylor took the stage at BTC Prague Thursday and drew a line his critics didn't expect.

The "never sell your Bitcoin" advice was always for individuals, never for Strategy as a corporation.

"Anybody that's been listening to our earnings calls or reading our disclosures or has half a brain knows for the last five years, we've been very clear that of course we sell the Bitcoin if we have to," Saylor said in a video shared on X.

The sale itself—32 BTC for $2.5 million against a $62 billion Bitcoin $BTC reserve—barely registers, and Strategy followed it with a 1,550 BTC buyback at $65,332, bringing total holdings to 845,256 BTC and cash reserves back to $1 billion.

The real test isn't Prague—it's June 30, when the next preferred dividend hits and investors find out whether Strategy funds it through fresh capital raises or reaches into the reserve again.

SPECIAL OFFER

SpaceX Goes Public TODAY. These 8 Tickers Already Own a Piece.

You can't buy SpaceX before it goes public. The hedge funds already locked that up. But a handful of companies have held SpaceX shares for years — and everyday investors can buy into them today. We found all 8 and put them in one free report.

QUICK N DIRTY

XRP sentiment has hit its lowest level since October 2025 and the infamous liquidation cascade. What’s going on with XRP?

Bitcoin may be down over 50% off its highs, but according to Strive’s CEO that is but a ‘mild bear market’. Is it really though?

The bear market isn’t over by a long shot and could drag down BTC another 25% in the worst case scenario. What would need to happen for that to materialize?

FINTECH FOCUS

Gary Gensler Admits He Checked Polymarket Odds During The Knicks Comeback, But Wants States To Regulate Sports Betting

Former SEC Chair Gary Gensler was watching Polymarket odds on his phone Wednesday night as the New York Knicks erased a 29-point deficit.

The next morning he filed an amicus brief siding with Ohio against Kalshi in the Sixth Circuit, arguing the CFTC has no business regulating sports wagers.

The agency was built in the 1970s to watch corn and wheat futures, Gensler told CNBC Thursday, not to police millions of micro-bets on whether a player hits a three-pointer.

His position: let the states handle it, along with the addiction and youth-gambling concerns that come with it.

The stakes for DraftKing and Flutter Entertainment are direct—sports betting now accounts for an estimated 70-80% of volume on Kalshi and Polymarket.

If the CFTC's proposed framework holds, anyone 18 or older could bet nationwide while states cap sports books at 21 and 11 states ban it outright entirely.

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