Michael Saylor: Bitcoin Keynote Speech, Apr 28, 2026
At the keynote on Apr 28, 2026, Michael Saylor said 10 of the 18 words Kalshi listed; Parrot’s count agreed with all 18 settlements. Quotes below are at most 25 words each.
UpdatedMarkets
18 words · 10 settled yes · our count agreed on 18 of 18- Kalshi: named speaker only
Kalshi
backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.
| Word | Result | Our count | All speakers | Agrees | Probability | Market |
|---|---|---|---|---|---|---|
| Digital Credit | Yes | 37 | 37 | ✓ | –new new word, no probability yet | – |
| STRC / Stretch | Yes | 30 | 30 | ✓ | –new new word, no probability yet | – |
| Million | Yes | 14 | 14 | ✓ | –new new word, no probability yet | – |
| Institution / Institutional | Yes | 8 | 8 | ✓ | –new new word, no probability yet | – |
| HODL / Hold | Yes | 7 | 7 | ✓ | –new new word, no probability yet | – |
| Cycle | Yes | 4 | 4 | ✓ | –new new word, no probability yet | – |
| ETF | Yes | 3 | 3 | ✓ | –new new word, no probability yet | – |
| AI / Artificial Intelligence | Yes | 1 | 1 | ✓ | –new new word, no probability yet | – |
| Satoshi | Yes | 1 | 1 | ✓ | –new new word, no probability yet | – |
| Winter | Yes | 1 | 1 | ✓ | –new new word, no probability yet | – |
| Bull | No | 0 | 0 | ✓ | –new new word, no probability yet | – |
| Ethereum / ETH | No | 0 | 0 | ✓ | –new new word, no probability yet | – |
| Hyperliquid | No | 0 | 0 | ✓ | –new new word, no probability yet | – |
| Quantum | No | 0 | 0 | ✓ | –new new word, no probability yet | – |
| Stock Market | No | 0 | 0 | ✓ | –new new word, no probability yet | – |
| Strategic Reserve | No | 0 | 0 | ✓ | –new new word, no probability yet | – |
| Vegas | No | 0 | 0 | ✓ | –new new word, no probability yet | – |
| Trump | No | 0 | 0 | ✓ | –n=1 too little history for a probability | – |
Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 20, 2026 23:45 UTC.
Transcript
quotes of at most 25 wordsCaptions · machine-attributed · Bitcoin Magazine (YouTube) · Source · Quotes of at most 25 words; the full recording is on the publisher's official channel.
34 matches for “Bitcoin”; 5 quoted, at least 25 words apart.
…even possible. Uh digital credit is a killer application of digital capital. Bitcoin represents ideal capital. It represents engineered capital. It represents digital capital. And…
…for 100 years. A capital asset on the balance sheet, we chose Bitcoin. Uh a perpetual preferred equity. Preferred equities have been around for hundreds…
…risk. When you do that, you damp volatility. Uh the volatility of Bitcoin has been 40. We strip that volatility away when we strip the…
…performance of asset classes. And if you look at the performance of Bitcoin over the last 5 years, it's up 38% a year, which is…
…pay on real estate credit is 6%. On the other hand, with Bitcoin, the theoretical yield is 38%. So, if you think about the theory…
Where the listed words were said
…uh the topic of my presentation is is the latest developments in digital credit, digital yield, digital money and the digital transformation of the capital…
…it into a currency like the US dollar or the euro. We stretch it to USD. We take the risk that's one for one and…
…a half billion dollars in about 9 months. It's currently got 400 million dollars almost of daily liquidity. Its volatility has fall fallen to 2.9%.…
…investors. It appeals to hedge funds and hybrid investors. It appeals to institutional credit And it's also an appeal to corporate treasurers and CFOs that…
…look at it. Uh Bitcoin is something for people that want to hold for 10 years. It's a roller coaster. It's got 30 ARR. It's…
So, it it works out instead of 12 cycles where you have a a dividend cycle, a drawdown, it goes to 24 cycles. But 24…
…we'll see where index to credit. There's also been a ton of ETFs. 21 Shares uh embedded Stretch in an ETF and took it public…
…without digital intelligence. So, if you're looking for a killer application of AI, it's taking digital intelligence and working on digital assets or digital capital…
…of the crypto or or the bear market here in the crypto winter, Bitcoin peaked in October 6th. It was 125,000 a coin. It's 38%…
Agents: this page as TSV at /api/v1/appearances/michael-saylor:2026-04-28:keynote · words: /api/v1/brief?appearance=michael-saylor:2026-04-28:keynote · columnar JSON in #parrot-data · llms.txt · MCP