Canadian mining tycoon Frank Giustra, a man who probably thinks “treasure hunt” is just a Tuesday, insists Bitcoin’s current $88k price tag is more of a “hmm, maybe later” than a “buy it now, cry later.” When someone begged him to “just get some BTC in case it becomes the next diamond hands,” he coolly replied, “I’ll wait for a sale. If the treasury companies implode, Bitcoin will dive like my confidence in your dating choices.” 😂
Giustra, the 2026 bear extraordinaire, isn’t shy about calling out crypto’s “treasury drama.” He even mocked former White House exec Bo Hines for calling short sellers “fools,” quipping, “Wanting to avoid gambling isn’t foolish-it’s just basic financial hygiene.” 🧼
Will BTC’s Treasury Meltdown Be 2026’s Reality Show? 🎬
Right now, Bitcoin treasuries (yes, they’re basically the Kardashians of crypto) hold 4.9% of the total supply. Public companies and ETFs are the biggest holders, but here’s the twist: if MSCI ditches Bitcoin from its index (a 75% chance by Q1 2026, per Polymarket), we might see a mass sell-off. And if the mNAV (a fancy term for “how much your crypto is worth”) drops below 1, these firms might have to sell BTC just to keep up appearances. 🤢
Is This All Just Overblown Crypto Gossip? 🗣️
Grayscale, ever the party pooper, says, “Even if treasuries unwind, it won’t crash the market.” They claim firms like Strategy have secret funds to avoid liquidating their BTC. But let’s be real-secret funds in crypto? That’s like saying your ex is “totally over you.” 🙄
“These treasury vehicles won’t be a major source of selling pressure in 2026,” Grayscale declared, as if they’ve never seen a market panic before.
Meanwhile, traders like Cryp Nuevo predict a $74k floor for BTC-a level that might just stop the bleeding if history repeats itself. Or, you know, it could all go sideways like a fashion show runway. 🐒

Final Thoughts (Because You Deserve a Recap) 📋
- A BTC treasury “unwind” might be the sale event you’ve been waiting for-just don’t buy all the dips. 🛍️
- But if history repeats itself, $74k might be the new “floor”-unless Bitcoin decides to play dress-up with a red carpet crash. 👠
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2026-01-03 01:15