Chip MahoneyPodcast Host, The Chip Mahoney Show · I research how institutional capital is moving on-chain and help crypto investors understand where durable value is being created.

Bitcoin Is Capital, Not A Pet Rock #Shorts

10 Oct 2026 · 1 min

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Bitcoin is capital, not speculation, says Michael Saylor. Even if it crashes 50% from $86,000 to $40,000, then again to $20,000, or all the way to $1,000, that doesn't change what it fundamentally is.

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It's a lot of things, but I say it's capital. You know, Michael Saylor would say it's digital capital. I'd say, well, you know, it's capital. If it went down 50% from, you know, last year, we saw that drawdown, then I think that if it went 50% from here, let's say around $86,000 today as I record this video, somewhere in the $40s, then I'm like, yeah, It's capital. 50% from that into the 20s, it's still capital. Take it down to $1,000 per 1 Bitcoin and it's still capital. We're not going