[00:03] the crypto markets right now. You will not believe number three, but player number one, this is something we've seen for the last multi months, are institutional players selling the price down. The largest 30-day outflow on
[00:17] record. Of course, we have this pesky Clarity Act. We've been waiting over a year for the Clarity Act to pass. This was a huge narrative. Many of those net buyers are now becoming net sellers because they just don't think we're
[00:31] brings us to player number three, the boogeyman in crypto, the reason we're still seeing the sell-off is because Michael Saylor's MSTR, their common stock, it is hemorrhaging. In order to buy his Bitcoin every week, he has to
[00:47] sell his common stock. That's the ATM that he keeps hitting, and that's causing the market to reject him. For this reason, that's the third player. That's sell pressure on Bitcoin. The market is sort of realizing that Michael
[01:01] Saylor may have to, I'm not saying he will, he may have to have to sell a huge clip of his Bitcoin to increase his funds, his cash funds a few more years to signal to the market, I sold a clip of the Bitcoin, at least my common stock
[01:16] of the Bitcoin, at least my common stock is okay.