A year-old clip of Donald Trump urging Americans to "buy stock now" has resurfaced on crypto Twitter, paired with a Wellington-Altus forecast predicting the S&P 500 will reach 8,000 by year-end. The original May 2025 quote, made after signing a US-UK trade deal, did not mention crypto, but edited versions have added the phrase for effect. Analysts like James Thorne argue that an AI-driven capital expenditure supercycle will propel risk assets, including crypto, higher. Thorne's 8,000 target for the S&P 500 is supported by Q1 2026 earnings beating expectations by 27%, double the forecast. Crypto markets have latched onto the narrative, with Bitcoin trading at $80,263. Additional tailwinds include the Senate Banking Committee's markup of the CLARITY Act (73% Polymarket probability of passage in 2026) and Trump's personal stock portfolio gains, notably a 510% return on Intel. The combination of record S&P levels, pro-crypto legislation, and industrial policy favoring onshoring critical minerals has created a bullish sentiment among crypto traders.

Key facts

• Trump's May 2025 "buy stock now" quote resurfaces, edited to include crypto.
• Wellington-Altus analyst James Thorne predicts S&P 500 at 8,000 by end-2026.
• Q1 2026 earnings beat by 27%, fueling AI capex supercycle narrative.
• Senate CLARITY Act markup scheduled, Polymarket gives 73% passage odds in 2026.
• Trump's Intel stake gained 510%, boosting his portfolio manager reputation.

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