The Wolf Of All Streets Bitcoin Smashes $116K! Has 'Uptober' Begun?
Oct 1, 2025
In this lively discussion, Pete Rizzo, a seasoned Bitcoin journalist, and Christopher Inks, a market analyst, dive into Bitcoin's surprising surge towards $116K amidst a government shutdown. They analyze whether October's historical bullishness can propel the market further. Rizzo highlights the rise of corporate Bitcoin holdings and the importance of effective treasury strategies, while Inks provides intriguing technical insights on Bitcoin and Ethereum breakout potential. Together, they navigate the complexities of crypto's future amid evolving regulations and market dynamics.
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Bitcoin-Per-Share Is The New North Star Metric
- Bitcoin-per-share has become the north star metric for investors in treasury companies.
- Retail and institutional buyers expect their investment to convert into more Bitcoin over time, not less.
MetaPlanet's Big Bitcoin Accumulation
- MetaPlanet bought nearly 30,823 Bitcoin in the past year and climbed the treasuries leaderboard.
- Pete Rizzo cites MetaPlanet as proof that large-scale corporate accumulation is happening and influential.
Corporate Buying Is Material And Persistent
- Public treasury companies bought roughly 50,000 BTC (~$5.6B) in a month, which is now considered a 'down' month.
- Consistent corporate buying constitutes a material, sustained support for Bitcoin prices.