True North - Episode 34 - STRC'ing the limits x.com/i/broadcasts/1…

The kid analysts at True North continually front run the institutions. Short credentialism, long meritocracy, all day everyday.

Biggest IPO of 2025 and biggest pref IPO of the decade. $STRC $2.521 Billion

Starts in 5 min!

Relationship goals: Find someone who looks at me like amit looks at Jeff Walton when he's talking about MSTR perpetual preferred torque.

Inspiring. Ask yourself - what are you waiting for?

Michael Saylor won’t just answer questions — he’ll be asking them. Sept 17 – NYC. Premium Bitcoin sessions you won’t see anywhere else. 🎟 Few tickets left.

Agree with this. Expecting fireworks still to come.

Bitcoiners that fail to see the securitization of Bitcoin as inevitable and help it happen in the best way possible are similar to Libertarians who took the most attractive political platform and fumbled the bag on “principles,” ultimately driving little impact. I prefer to win.

Ben Werkman The Hurdle Rate Podcast YouTube YouTube TeamYouTube what kind of tom-foolery is this. stop messing with people randomly. seriously.

Death to converts? Seems like it. 2H 2025-2026 will see a notable increase in Bitcoin-backed fixed income instruments issued by BTCTCs beyond convertible bonds. I think it's likely that $MSTR preferreds - $STRF, $STRC, $STRK, $STRD - achieve credit ratings by YE 2026.

Strategy continues to raise the bar with its investor presentations. Transparency, clarity, innovation, and alpha.

Who will be the first Bitcoin Treasury Company to get into the "green" zone: 30%-50% leverage using only Perpetual Preferred Equity and no convertible debt? The race is on...

Accelerate!

Strive and $ASST just publicly filed a form S-4 registration statement for our pending merger. This is a major milestone, and we look forward to proceeding toward closing our transaction. See below for more details 🧵

Strive & $ASST update! 🧵 worth a quick run through One step closer to getting the keys to a HIGH OCTANE, Fully Torqued Bitcoin accumulating machine Strive for ₿itcoin

The annual rate of dollar devaluation over the past *54 YEARS* is 8.4%. That is roughly the equivalent effective yield for MSTR to fund their perpetual prefs. Balance sheet construction in this manner should outperform Bitcoin over the long run and justifies an mNAV > 1.

We've had some great initial interest in our Strive Section 351 exchange Bitcoin in exchange for $ASST shares As such, we have extended our FINAL FINAL indication of interest deadline to THIS FRIDAY 8/8/25 by 5pm ET If interested, please fill out form in link below

“A structurally different bid is building underneath Bitcoin…” Ben Werkman, Swan CIO, explains how corporate adoption is setting the stage for a new kind of Bitcoin cycle. 🚀

"this is the mid-cycle in what could become one of the most significant bull runs in bitcoin’s history. From its current range, we believe there is still a path toward a 4-10x value appreciation, which would imply bitcoin price targets north of $500k." Agree, important report.