00:00 Speaker a
Bitcoin retreated after touching fresh new highs last week, and cryptocurrency trading is now just over 107,000. This is a senior government official, crypto heavyweight who attended the 2025 Bitcoin conference in Las Vegas. Now, on the ground, we have Chris Klein, Bitcoin IRA co-founder and COO. Chris, I'm glad you're with us. Just want to start with some key harvests from there.
00:29 Chris Kline
Absolutely. Well, as you see behind me, this is the boundary of UH Vice President JD Vance and will be on stage in about 15, 20 minutes. It was actually downstairs, tangled around the fair, almost to the casino floor. Therefore, full of vitality and enthusiasm. Interestingly, I saw more sports jackets this year. That's why I put one today, and I think it shows the retail industry of big banks or the institutional players that are really emerging in the crypto space.
00:57 Speaker a
Well, it sounds like more sports jackets, fewer hoodies. OK, that's at least the decorative atmosphere we've seen a huge shift here. As we all know, more and more companies are also holding Bitcoin on their balance sheets. We know that there are some announcements that may be ringing and talking on the ground lately. Trump media raised $2.5 billion in Bitcoin and GameStop announced their first purchase of Bitcoin. How should retail investors view these names? How to discuss it?
01:30 Chris Kline
Yes, it seems that this retained game continues. Well, the announcement from DJT and GameStop this morning made it clear that we are competing for space people put it on the balance sheet. It's not just a bitcoin game. Uh, you see groups Ethereum and Solana start to get people’s attention. Well, it was a conversation that took place on the U.S. board, not just a theory. Well, Michael Sailor’s strategy has indeed proven to be a solid approach. Well, as we start getting earnings reports from now on, see where we will be before the end of the year.
02:04 Speaker a
You know, one of the news heads here is talking about this premium in advance inside the newsroom, and usually adds bitcoin to the balance sheet to swallow some companies. Why do you think that is?
02:24 Chris Kline
Oh, I think I mean, now any business in the Bitcoin space is getting a premium. I am very happy to have dinner and drinks with the President, CEO of Etoro, USA. So overall, with the hype and expected price movements, as we said last month when I met, my goal is 180,000 this year. Well, for these groups, this is a huge balance sheet growth, and I think that's their model.
03:01 Speaker a
You know, as we continue to see the visuals of the lines formed behind you, this is for Vice President JD Vance, because we consider the number of different profiles that are trying to swallow up the cryptocurrency growth we see, or the face of Crypto. There is no more to do than the current resident of the current Penn Avenue and President Donald Trump. From what you talk about at the conference, it's good or bad, especially knowing that past profiles have been tragic falls in their own professionalism, and I should say in the cryptocurrency space.
03:56 Chris Kline
Yes, absolutely. You know, I was in Nashville last year. This is my fourth meeting. And I think a lot of buzz because Donald Trump actually joins us as candidates, uh, even the audience, you feel like there is a crowd that is there for Trump and the people who are there for Bitcoin. This year, JD Vance joined us, and the overall government shows that at least the signs that they will be more cordial and friendly to us as we move forward, in stark contrast to what we saw in the last administration four years ago. But hopefully it is not a strategy. Well, most people who look at Bitcoin are in the 20, 30, sometimes 40-year cycle, they just hold, hoding and waiting until that moment, maybe we will reach a million dollars in bitcoin or $10 million in bitcoin. Well, so we'll be doing a lot of management between then and now. Well, so hopefully not a strategy. Building and doing things like retirement plans that use cryptocurrencies are great tools that can be used for you. But yes, it will be interesting to see how this all emanates over the next few months.
05:06 Speaker a
So, what is the best way for those who just want to figure out their exposure to cryptocurrencies and Bitcoin?
05:35 Chris Kline
Well, you know, that's great, it's a great question because we saw all three channels at the conference today. You get UH sponsorship from some ETFs there. Apparently, buy stocks of a company that still holds Bitcoin on its balance sheet. These are the great tools you can access it. But, you know, I want to be straightforward and the most straightforward way to do that is that you can take Bitcoin itself, the real thing, directly through an exchange like Coinbase, or use it in a group like us. All tools are great because they will get you in touch with Bitcoin, but in different ways. Well, don't forget, the corner of Alt's season. Bitcoin will run, and Alts will spend the sun in the sun.
06:18 Speaker a
Chris, it's great to see you. Enjoy the meeting there. Looking forward to seeing some of your updates online.
06:25 Chris Kline
Absolutely. Thank you very much for having me today.
