Did the US Really “Manufacture” the Bitcoin Crash? What to Know About the MSTR Buyout Rumor
Rumors suggest the US government orchestrated Bitcoin's recent crash to facilitate a potential multi-billion dollar investment in MicroStrategy ($MSTR).Summary
Recent Bitcoin price action showed a divergence, with US trading sessions driving losses while Asian markets bought the dip. This coincided with circulating, unconfirmed rumors, amplified by figures like Max Keiser, alleging the US government orchestrated the sell-off to drive down MicroStrategy's ($MSTR) market value relative to its Bitcoin holdings (mNAV) to near 1.0 before a potential multi-billion dollar investment. While these claims lack official backing, they speculate on a plan involving figures like Donald Trump and Scott Bessent to bolster Bitcoin and MSTR while defunding traditional banking entities. However, the article notes that real factors, such as the potential MSCI index exclusion for MSTR due to its heavy Bitcoin holdings and shifting Fed rate cut expectations, are also significantly impacting the stock's volatility and facing the company with real business hurdles.
(Source：BeInCrypto)