Bitcoin at $4.2 Million Puts Saylor Ahead of Elon Musk; XRP Rally Stalls After Hyperliquid ETF Launch; Cardano Hits Millionaire Milestone - Morning Crypto Report
Saylor vs. Musk Wealth Race: Michael Saylor could surpass Elon Musk in net worth if Bitcoin reaches $4.2 million. The scenario becomes possible due to the MNAV premium at which MicroStrategy shares trade relative to net asset value.XRP Rally Pauses: Capital inflows into XRP funds dropped to $0 following the launch of the first U.S. spot Hyperliquid ETF (THYP) from 21Shares and ahead of the final Senate vote on the CLARITY Act.Record Cardano Accumulation: Large holders – addresses with balances above 1 million ADA – accumulated a historic record of 25.09 billion tokens, taking control of 67.47% of the total circulating supply of Cardano.Crypto Market Outlook: Bitcoin corrected below $80,000 amid a record $635 million single-day ETF outflow and escalating trade tensions between the U.S. and China. Why Bitcoin at $4.2 million could make Saylor richer than Elon Musk Famous crypto entrepreneur and head of MicroStrategy Michael Saylor has a nonzero chance of overtaking Elon Musk as the richest person in the world. According to a mathematical model from JAN3 CEO Samson Mow, this would happen once the price of Bitcoin reaches $4.2 million per BTC. As of mid-May 2026, the total Bitcoin balance held by MicroStrategy stands at 818,869 BTC. The company








