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Bitcoin Is Replacing Gold And Heading For A Million-Dollar Valuation, Tom Lee Declares

by admin August 19, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In the early days of Bitcoin, the largest cryptocurrency was seen as a mere tech asset by early adopters and developers with no intrinsic value. However, BTC has since grown at an exponential rate over the years, slowly earning the reputation of Digital Gold in the crypto and financial landscape.

Gold Out, Bitcoin Taking Over

Bitcoin’s mainstream status is growing strong across the broader financial sector, with many well-known figures and companies doubling down on the crypto king. As Bitcoin takes over the finance system, Tom Lee, Veteran market strategist and Fundstrat Global Advisors CEO, reignited the bullish debate around BTC, its stark transformative potential, and role.

Trending Bitcoin on the social media platform X shared a short clip of a recent interview where Fundstrat’s CEO made the bold declaration about BTC. While underscoring BTC’s evolution from an ordinary tech asset to a mainstream asset, Lee has once again doubled down on his bold forecast that BTC may reach the million-dollar valuation in the years ahead.

In the interview, Lee gave his latest remarks on BTC, emphasizing that Bitcoin is not just a speculative asset but a viable replacement for Gold, the world’s largest asset. This audacious claim by Lee positions the crypto king as the ultimate store of value in the dynamic digital era.

Lee’s statement that BTC will replace Gold is backed by the conviction of market participants and the use cases of the asset, which have several use cases. With institutional adoption growing and investor confidence in conventional hedges declining, Bitcoin’s resilience and scarcity will solidify its role as the contemporary counterpart and ultimate replacement of gold.

Considering these developments, the CEO  has recalled his long-term bullish projections for Bitcoin, noting that it will hit the $1 million value over time. After sharing his price prediction, Lee also delved into the longstanding BTC 4-year cycle. 

According to the veteran strategist, the 4-year cycle could be drawing close to its end for BTC. This is because of how institutions are adopting the asset as the thesis is taking place. As a result, institutional investors and essentially permanent holders of BTC will start engaging with the crypto asset. 

Lee has declared this wave of strong investors a good thing for BTC. Thus far, the CEO expects the asset to significantly build on the $120,000, which would act as a launchpad to the $200,000 and $250,000 range before the end of this year.

Large Institutions Are Still Buying BTC

Despite facing heightened bearish pressure, large companies are showing robust confidence in Bitcoin, as they continue to purchase it in substantial portions. A recent BTC Buy from a Japanese-based firm, Metaplanet, demonstrates this persistent accumulation among big corporations.

In another strategic move, Metaplanet has acquired an additional 775 BTC, valued at $93 million at $120,006 per coin. According to the report shared by the firm’s president, Simon Gerovich, Metaplanet’s overall Bitcoin holdings now stand at 18,888 BTC, worth a staggering $1.9 billion. The data shows that the firm has achieved a yield of 480.2% year-to-date (YTD) in 2025.

BTC trading at $115,186 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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August 19, 2025 0 comments
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Tom Lee Climbs to #2 in Corporate Crypto Race. Is Saylor Safe?
NFT Gaming

Tom Lee Climbs to #2 in Corporate Crypto Race. Is Saylor Safe?

by admin August 19, 2025


  • Ethereum’s Saylor 
  • Is Saylor’s crown safe? 

Tom Lee’s BitMine Immersion Technology (BMNR) has now climbed to second spot on the list of the biggest cryptocurrency treasury companies. 

According to data provided by Arkham Intelligence, it now holds a staggering $6.6 billion worth of Ethereum (ETH). In fact, it now controls close to 1.3% of the altcoin’s entire circulating supply. 

Ethereum’s Saylor 

Lee, who used to be JPMorgan’s chief equity strategist, co-founded Fundstrat Global Advisors in 2014. He gained prominence back in 2017 by becoming one of the first Wall Street analysts to openly back Bitcoin. 

The famed “permabull” had frequent TV appearances, during which he would make ridiculously bullish predictions in 2017 and early 2018 that backfired during the brutal cryptocurrency bear market that ensued shortly after. 

After briefly pausing his Bitcoin price predictions, Lee then continued making frequent appearances on CNBC with bullish cryptocurrency calls. As reported by U.Today, Lee predicted that Bitcoin could soar to $250,000 this year. 

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In June, however, Lee went from making permabullish predictions to spearheading a bold Ethereum treasury play. In June, it was announced that he had become the chairman of Bitmine, which used to specialize in providing immersive cooling solutions. 

Within a short span of time, Bitmine managed to attract some heavyweight investors, such as Peter Thiel, Bill Miller, and Cathie Wood. 

Earlier this month, Bitmine unveiled that it intended ot secure an additional $20 billion for future Ethereum (ETH) buys. 

Is Saylor’s crown safe? 

Despite surpassing some of the biggest Bitcoin treasury companies, Lee’s Bitmine is still miles away from Saylor. 

Strategy currently holds a whopping 629,376 Bitcoins that are worth a whopping $73.24 billion at current prices. 



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August 19, 2025 0 comments
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James Van Straten
Crypto Trends

Semler Scientific’s (SMLR) Sharp Decline Attracts Eye of Bitcoin Bull Tom Lee

by admin June 12, 2025



The recent wave of companies adding bitcoin to their balance sheets has not yielded universally positive results. Semler Scientific (SMLR), a medical technology firm that pivoted into bitcoin treasury strategy, has seen its stock fall over nearly 50% in 2025 to nearly the level it was at a bit more than one year ago when it first began to accumulate BTC.

The company’s premium to its net asset value (NAV), often referred to as multiple-to-NAV (mNAV), has dropped below 1x. On a basic share count basis, its market cap sits at approximately $420 million compared to bitcoin holdings valued around $491 million (4,449 BTC), putting its NAV ratio at just 0.859x, according to Strategy-Tracker.

The mNAV being below 1.0 is crucial as Semler’s main mechanism for accumulating bitcoin is to raise capital via share sales. However, for the share sale strategy to be accretive to shareholders, the stock must trade at a premium to the value of the company’s bitcoin holdings. With the share price at or below NAV, issuing new shares would dilute existing shareholders without adding proportional value, effectively halting the company’s ability to pursue further bitcoin accumulation under the current strategy.

Bitcoin bull Tom Lee, Head of Research at Fundstrat, however, views Semler Scientific as an opportunity in his firm’s “Granny shot” research portfolio. Granny shot refers to an unconventional way of shooting free throws in basketball and Fundstrat’s Granny Shot (GRNY) portfolio is meant to emphasize the firm’s unusual approach to research.



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June 12, 2025 0 comments
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Knicks fire Tom Thibodeau - What's next for New York's open job?
Esports

Knicks fire Tom Thibodeau – What’s next for New York’s open job?

by admin June 3, 2025


What lies ahead for the New York Knicks after the franchise fired head coach Tom Thibodeau on Tuesday?

Thibodeau guided the Knicks to their first Eastern Conference finals since 2000, defeating the Detroit Pistons in the first round and dethroning the defending champion Boston Celtics in the second round before falling in Game 6 to the Indiana Pacers. He finishes his tenure in New York with 24 playoff wins, 17 more than the team’s past 13 coaches combined, according to ESPN Research.

Why fire Thibodeau now, and where could the front office turn in its search? Which high-profile names could be available? And what other moves might follow now that one of the most successful runs in franchise history has ended without a title, extending the Knicks’ championship drought to 52 seasons?

Our NBA insiders examine every angle of the Thibodeau firing, including what could be next for the 67-year-old coach.

Why did the Knicks fire Tom Thibodeau now?

The theory of Occam’s Razor says that when trying to solve a problem, the simplest solution is likely the correct one.

In this case, Thibodeau’s time in New York ended because of the first line of the statement the Knicks released in response to his firing: “Our organization is singularly focused on winning a championship for our fans.”

That, sources around the league said, is why a change was made. The Knicks decided a new voice was needed to lift this franchise to the next level, despite Thibodeau leading the Knicks to their best stretch of play this century, including winning a playoff series in three consecutive seasons and advancing to the conference finals for the first time in a quarter century.

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After making a pair of splashy moves to land Mikal Bridges and Karl-Anthony Towns last summer, New York often felt like it was less than the sum of its parts. The starting lineup of Bridges, Towns, Jalen Brunson, Josh Hart and OG Anunoby was outscored by 31 points in over 300 minutes in the playoffs, and was outscored from Jan. 1 through the end of the regular season.

The defense was at times an issue — particularly against the Pacers in the conference finals — though that also shouldn’t come as a huge surprise with Brunson and Towns operating as the team’s point guard and center (and it’s not like Thibodeau isn’t regarded as one of the best defensive coaches of his generation). New York could also shoot more 3-pointers and adopt a faster pace offensively.

Plenty of teams have made the same choice New York has. In the cases of Steve Kerr replacing Mark Jackson with the Golden State Warriors in 2014, or Nick Nurse replacing Dwane Casey with the Toronto Raptors in 2018 — it resulted in a championship. Others, like when Adrian Griffin replaced Mike Budenholzer with the Milwaukee Bucks, or when Fred Hoiberg replaced Thibodeau himself with the Chicago Bulls, things went in a very different direction.

— Tim Bontemps

Who should the Knicks consider for the vacancy?

The most obvious candidate is Michael Malone, who led the Denver Nuggets to the 2022-23 title before a surprise firing with three games left in the regular season in April. Over the past eight seasons, Malone’s Nuggets led all Western Conference teams with 401 wins — 28 more than the second-place LA Clippers — which emphasizes his consistency as a coach. Malone wouldn’t be able to rely on Nikola Jokic in New York, but his success working with offensive stars who have defensive question marks would make him a solid fit for the Knicks roster.

It must be said, however, that the demanding Malone has a similar personality to Thibodeau, which could be a point against him if Knicks management wants to go in a new direction. If not Malone, both Mike Budenholzer and Frank Vogel have also won titles this decade, and their inability to wrangle the messy Phoenix Suns shouldn’t be held against them.

play

1:48

What’s next for Knicks after firing Tom Thibodeau?

Shams Charania reports on what the Knicks are looking for in a new coach after firing Tom Thibodeau and whether Michael Malone is an option.

Ultimately, the Knicks might be able to cast as wide a net as they desire, as the glamor and prestige of the job could attract just about any candidate Leon Rose is interested in interviewing. Could Jay Wright — who won NCAA titles with Josh Hart, Jalen Brunson and Mikal Bridges at Villanova — be coaxed out of retirement for his first NBA job? What about fellow two-time national champion Dan Hurley, who flirted with the Lakers gig last summer before signing a new contract at Connecticut?

All options are on the table for the most attractive NBA coaching job available: a reigning conference finalist with bona fide stars, competing in a weak conference in the biggest market in the country.

— Zach Kram

What will the Knicks’ next coach need to focus on?

Perhaps this is obvious after watching the conference finals play out, but finding a way to get more out of a group that plays Brunson near the point of attack and Towns closer to the rim.

Neither player is well-equipped to handle those respective tasks: Brunson is undersized on that end, while Towns isn’t the most “fleet of foot” and often commits silly fouls that leave him heading to the bench at inopportune times.

In the Pacers’ series specifically, the Knicks were twisted into defensive pretzels with how Indiana was forcing their defense to stay in rotation. “You can stop one action, but then it’s the next action, and the next action,” Josh Hart said of the Pacers’ game plan.

New York scrambled to stay connected. In many cases — the Game 2 loss in particular — Towns seemed lost trying to stay with Indiana’s fast-paced, spaced-out attack. If this rotation is back fully next season, the next coach will need to consider changes to the starting lineup. Someone like Mitchell Robinson would give Towns a back-end defender more along the lines of a Rudy Gobert. Or perhaps there’s another rangy wing defender that could bolster what Bridges and Anunoby seek to do to cover for Towns and Brunson’s shortcomings.

Either way, the fix on defense figures to be a heavier lift than what’s necessary on offense.

— Chris Herring

Are there more dominoes to fall in New York?

There is an old mantra in sports that you can’t fire the players, so you fire the coach. The Knicks’ decision to fire Thibodeau is the latest example.

A change at coach does not absolve New York for its roster flaws, which were evident despite a 51-win season and became glaring in the conference finals loss to Indiana. President of Basketball Operations Leon Rose and his front office have work to do in building a bench better than the one that was barely used by Thibodeau.

Knicks reserves averaged the fewest minutes and points among all teams this season, while the team’s starters averaged the second-most points per game of any team since 1986-87.

play

1:33

Why Stephen A. is upset by Knicks’ decision to fire Tom Thibodeau

Stephen A. Smith voices his disappointment in the Knicks for firing Tom Thibodeau.

Finding capable role players could prove to be difficult for New York this offseason. While the team’s top two reserves, Miles McBride and Mitchell Robinson, are under contract next season, New York has only the veteran minimum exception and part of the $5.7 million tax midlevel exception available to use in free agency. They will need to convince established veterans to sacrifice money elsewhere for a chance at competing for a championship.

The trades to bring in Bridges and Towns last summer left the Knicks depleted in draft assets and top-heavy in salary, making a more seismic change difficult. New York has only one tradeable first-round pick in the next seven years, a 2026 top-8 protected first from Washington. They have five players next season who will earn over $20 million: Towns, OG Anunoby, Jalen Brunson, Bridges and Josh Hart.

— Bobby Marks

What is Thibs’ legacy in New York and what could be next for him?

Thibodeau spent his career building up to the point where he got this job. A Connecticut native who grew up a Knicks fan, Thibodeau understood everything that came with the job — the intense scrutiny it brings, along with the notoriety that accompanies both success and failure.

And despite the immediate sting of losing the job, Thibodeau’s tenure will increasingly be viewed with fondness as time passes. The Knicks had won just one playoff series this century before Thibodeau led them to at least one in each of the past three years.

play

1:22

Perk: Thibs didn’t deserve to lose his job!

Kendrick Perkins sounds off on the Knicks parting ways with Tom Thibodeau after five seasons.

He instilled an identity and a work ethic into the franchise that resonated with the city and was a natural callback to the glory days of the ’90s, given his time with the franchise as an assistant coach under Jeff Van Gundy.

The better question is what could be next for him. Thibodeau had already finished the season as the NBA’s oldest coach, and he doesn’t always get enough credit for shifting toward the modern game because of the heavy minutes he plays his starters.

But Thibodeau has a very long and established track record of turning teams around and raising ceilings, and it’s also hard to believe that his passion for coaching has dimmed even slightly. That’s particularly true after this charmed run for the Knicks was capped off by Thibodeau returning to the conference finals for the first time since 2011, his first season with the Bulls.

— Bontemps



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June 3, 2025 0 comments
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‘Bitcoin Is The Way,’ Expert Tom Lee Says, Expecting Massive Price Surge
NFT Gaming

‘Bitcoin Is The Way,’ Expert Tom Lee Says, Expecting Massive Price Surge

by admin May 28, 2025


Head of Funstrats Tom Lee has published a post on the X social media network, where he shared an ultra-bullish Bitcoin price prediction, hinting that he expects the world’s bellwether crypto’s price to reach a so-called “banana zone” at the end of this cycle.

Bitcoin to enter “banana zone”

Lee shared a tweet issued by Julien Bittel, the head of macro research at Global Macro Investor. Bittel’s X post features an infographic, showing four Bitcoin cycles which began in 2011. The first three already finished, each of them reaching a “banana zone.” Each of those cycles included two correction phases. According to the chart, the current BTC cycle started in 2022, and Bitcoin is currently in the first correction phase.

“Higher… much higher,” Bittel said in his tweet, while Tom Lee commented: “Bitcoin is the way.”

Tom Lee predicts Bitcoin to reach $150,000

Earlier this year, Tom Lee told CNBC that after a rebound towards $50,000 or $60,000, which would be a normal correction, BTC would resume growing and would reach $150,000. On May 22, the largest digital currency surged to reach an all-time high of $111,970 after the US and China agreed on a 30-day “truce” in their trade war.

Lee also revealed that he expects Bitcoin to catch up to gold. Back then, BTC was changing hands at about $78,000. Lee said that BTC had fallen there because institutions had sold everything they could sell, including stocks and Bitcoin. After that, he believed, Bitcoin had a lot of space for an upward movement, expecting it to catch up with gold in terms of price growth.

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Saylor calls Bitcoin “the only money”

Michael Saylor, the founder of Strategy and a Bitcoin permabull, has published a photo of himself meeting the Winklevoss twins at the recent Bitcoin 2025 annual event. In this photo the founders of the Gemini crypto exchange presented a Gemini Bitcoin Credit Card to him.

Saylor accompanied his tweet with a caption, saying “Bitcoin is money. Everything else is credit.” This comment highlights the attempts of Gemini to integrate BTC in everyday spending, since this card allows users to receive Bitcoin rewards for spending fiat money from it.

Tyler Winklevoss stated in his tweet that Saylor’s card contains “the whale limit,” hinting at Strategy’s huge Bitcoin acquisitions.



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May 28, 2025 0 comments
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Decrypt logo
NFT Gaming

Ex-NFL Star Tom Brady Returns to Crypto With Investment in AI Startup

by admin May 26, 2025



In brief

  • Catena Labs raised $18M from a16z, Coinbase Ventures, Circle, and Tom Brady, among others.
  • The startup is building AI-native finance rails for autonomous agents using stablecoins.
  • Brady’s crypto comeback follows his losses in the FTX collapse and lawsuits that marred his post-NFL life.

Tom Brady is making a cautious but deliberate return to crypto. 

This time, he’s backing Catena Labs, a Boston-based startup aiming to build what it’s positioning as the world’s first AI-native financial institution, according to a report by Front Office Sports.

Catena’s pitch is rooted in the idea of agentic commerce: autonomous AI agents that transact on users’ behalf.

Co-founded by Circle’s Sean Neville, best known for co-creating the USDC stablecoin, Catena emerged from stealth with $18 million in seed funding led by Andreessen Horowitz’s crypto division, a16zcrypto.

The funding round also saw support from Circle Ventures, Coinbase Ventures, Stanford Engineering VF, and Breyer Capital, as well as notable angel investors, including Balaji Srinivasan, Bradley Horowitz, and Kevin Lin, among others.

The project is building “an AI-native financial institution” that would “give AI agents, and the businesses and consumers they serve, the ability to transact safely and efficiently,” Neville said in a statement released last week.

Catena plans to use regulated stablecoins like USDC to power AI-driven transactions alongside traditional payment rails.

Catena Labs launched the Agent Commerce Kit, an open-source tool designed to help AI systems verify their identity and make payments independently, following its move out of stealth last week.

The firm contends that existing financial systems, from supply chain automation to retail shopping, are not equipped for AI-native interactions.

With Brady’s endorsement and backing from some crypto’s most elite firms, it’s staking a big claim at the intersection of AI, finance, and infrastructure.

Second half

In his prime, Brady played as a quarterback in the NFL and was widely considered one of the greatest of all time, winning seven Super Bowl titles over a 23-season career with the New England Patriots and Tampa Bay Buccaneers.

Brady’s earlier dive into crypto came through FTX, the now-defunct exchange whose 2022 collapse erased billions in customer funds and sent the industry into a tailspin for over a year.

Serving as a paid brand ambassador, Brady endorsed the platform through television commercials and events, earning as much as $30 million in company equity, which later lost its value following prosecutors’ discovery that FTX had misappropriated customer assets to offset trading losses.

The fallout left Brady entangled in a class-action lawsuit and marked one of the highest-profile celebrity endorsements gone wrong. Earlier this month, Brady was cleared in the FTX lawsuit.

Prior to Catena, Brady co-founded NFT platform Autograph, which raised $200 million before pivoting from NFTs to focus on digital collectibles.

Edited by Sebastian Sinclair

Generally Intelligent Newsletter

A weekly AI journey narrated by Gen, a generative AI model.



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May 26, 2025 0 comments
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kotaku
Game Reviews

Ranking Tom Cruise’s Haircuts In Every Mission: Impossible Film

by admin May 25, 2025


Image: Paramount / Kotaku

The Mission: Impossible film series is, unlike most Hollywood franchises, built less around lore and callbacks and more around recurring moments we expect each time we sit down in our seats to watch the latest entry. I expect to see people in lifelike masks, some twists, some turns, a few dangerous stunts, a car or motorcycle chase, and a villain trying to do something terrible. Oh, and one more thing I expect: Tom Cruise’s Ethan Hunt sporting a new hairstyle.

Yes, in nearly every Mission: Impossible movie, Cruise is rocking a new hairdo. Sometimes his hair is long. We like that. Sometimes it’s short. We aren’t as excited about that. So we decided to rank each of these haircuts from worst to best.

And before we hop into the list, just a heads-up that we are only focusing on the main movies starring Cruise. This isn’t about the OG show or any of the games or whatever. We are only ranking cinematic hair, the best kind of hair. Anyway, here’s the best haircut out of all the Mission: Impossible movies…



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May 25, 2025 0 comments
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Tom Cruise Is A Movie Theater Popcorn Sicko
Game Reviews

Tom Cruise Is A Movie Theater Popcorn Sicko

by admin May 21, 2025


Tom Cruise is one of the most famous and successful actors in history. He’s starred in huge movies and franchises. He’s pulled off some of the most amazing stunts ever performed on film. And he’s become Hollywood’s ambassador of Going To The Movies. But I can’t relate to any of that. So let’s talk instead about how this famous dude seems be a big movie theater popcorn sicko.

Nintendo Switch 2 Price Is Set at $450 for Now, But Could Go Higher

On May 20, the official Mission: Impossible Twitter account posted a short video of Cruise chatting up AMC employees during a big pre-release screening of the latest entry in the long-running series. As he talks about the upcoming film, Final Reckoning, Cruise can be seen eating popcorn in his distinctive way.

We can also see the famous actor munching on popcorn in this same way in a different video recently posted to social media. Once again, Cruise can be seen carrying a bucket of popcorn with one hand and chucking small handfuls of the snack food into his mouth with the other.

It’s a bit odd, but it looks cooler than how I eat popcorn at a movie theater. (I just grab a big handful of the stuff, smoosh it into my face, and eat it like a pony being fed at a petting zoo.)

If these were the only clips of Tom Cruise eating popcorn, well, I’d not be writing this blog. But this is just the latest evidence that Tom Cruise, the movie star, is a popcorn sicko. Here’s a clip of him leaving that AMC theater while eating more popcorn. There’s also a video of Cruise walking by someone and pointing out that they already ate all of their popcorn before the movie had even started. Here’s a clip from 2015 of Cruise warning people to hold onto their popcorn during that year’s big Mission: Impossible movie, Rogue Nation.

Apparently, before this recent Final Reckoning screening, Cruise asked the assembled audience of critics and reporters if they all had popcorn. Once he seemed satisfied that, yes, they all had plenty of the popular buttery snack, he then admitted how much popcorn he eats during a movie. Cruise reportedly eats two buckets of popcorn while enjoying a film. As someone who has had to routinely leave a movie right before it starts to refill my bucket, I get it, dude.

I am far from the first person to recognize that Cruise really seems to have an affinity for the stuff. In 2023, a short video of Cruise eating popcorn and talking about how much he loved it went semi-viral.

“I love my popcorn. Movies. Popcorn,” said Cruise in the 2023 clip. And I have to agree with the man. Movie theater popcorn rocks.



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May 21, 2025 0 comments
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