In a world where fortunes rise and fall faster than a snowflake in a furnace, Canadian mining magnate Frank Giustra has declared the day those corporate treasuries will fling Bitcoin like a broken bridge attempt.
When Strategy shares (MSTR) were last battered, the scream of investors was less about market dynamics and more like children looking for the last chocolate cake.
“Just wait”
Long‑time investor Andrew Webley, a man who once claimed Bitcoin’s resilience was as solid as a steel mill in Siberia, now stands at the precipice of a new wave of melancholy, humming softly about the “store of value” now named by some as GBP.
And yet, amidst the roaring volatility, Bitcoin’s performance is a tale older than any fairytale-unmatched, like a hammer that never breaks.
Giustra, ever the shaved‑on‑the‑back baron, launches his answer with the caution of a horseman in a stampede: “Wanna bet? Just wait till all this Bitcoin treasury supply starts hitting the market.”
He has never hidden his warning that corporate treasuries holding Bitcoin are not a sign of triumph, but a ticking bomb that is just waiting for the fateful spark.
Like a seasoned storyteller, Giustra tells us that a crash of the stock market is inevitable, being convinced the market itself is in a bubble, pocketed like a pearl up a swallow’s throat.
“Mark my words, this will end badly,” he declares, as if the world were a drama he’s the only one watching. In truth, he knows that eventually the wave will be all too real, cracking the veneer of glittering paper.
Despite his dread, Giustra isn’t a lifelong “never‑coiner.” He has confessed more than once that perhaps, just maybe, the greed candle might ignite again.
Taking Aim at the Winklevii
In a proud moment, Giustra jabbed at the Winklevoss brothers, who had paraded a video touting their belief that Bitcoin is destined for a million-dollar reign.
“We see Bitcoin trading at $1,000,000 a Bitcoin,” Winklevoss proclaimed, “We think there’s easily a 10X from here.” The joke comes when Giustra responded, saying, the prediction was a desperate sales pitch to lure fingers into a rocky shell.
He called them “shameless,” warning that their ambitions saturate the market like a wet snowstorm.
And they say he was running out of fresh pockets to stuff with this wonder. Let us see if that bargain ever works.
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2026-01-30 18:38