Sorry, but this is the wrong take. MSTR has already survived an 80% drawdown in 2022. Did you forget? Convertible debt is somewhere in the $5b to $7b range with a market cap of $92 billion. Leverage is actually on the low side. Even still, the debt service costs $35m and the

The plebs have front run the big boys for the first time in human history. 👇

If MSTR is a ship, then the NAV multiple is the rudder. The mechanism for controlling the rudder is the dual convert/ATM facility they’ve established. When the NAV premium expands rapidly, MSTR can issue shares ATM (at the market) which increases the supply of shares, and

Tulip mania lasted a year or two. It was a bubble. BTC has been going strong for 15 years. It’s not a bubble. Fiat is the bubble. BTC is the pin that pops the bubble. If you don’t understand this, you don’t understand BTC or fiat.

All public companies should stack Bitcoin to put a floor under their stock prices. Why? 👇 Today, a company's shareholders are dependent almost exclusively on its expected future earnings. High growth companies are often valued at 50x expected future earnings. They are priced

People are panicking because J Powell said yesterday that the Fed cannot legally own Bitcoin. They think this means that the Strategic Bitcoin Reserve is dead. This is false. Remember, the Federal Reserve is NOT federal (and it has no reserves). The Fed is not a part of the US

For some reason people in DC post on X, then ignore the comments. The comments provide all the answers you need. Billionaires get richer and richer the more you folks in DC spend above your means because deficit spending is inflationary. Inflation in the money supply causes

Grok predicts Bitcoin to be the world’s chosen form of money in the future.

Got your eye on that dream home? Just wait for the price to come down to your target BTC price. You can have the home. It’s just a matter of time.

Nothing screams “Bitcoin is 10.000 times better than gold” like this chart 👇

For some reason this 👇 is being posted today as though it’s breaking news. This news of a new SEC filing by MSTR to increase the MSTR share count from 333 million to 10.33 billion shares is actually old news. This happened back in 2023. This move allowed Saylor to authorize up

Merry Christmas y’all! Here’s some fun Bitcoin math to think about as you celebrate Christmas with your family and friends. The power of compound annual growth are staggering. If BTC continues to grow at 60% per year, 1 BTC will be worth 6.8 million by 2035. It gets better.

People sometimes associate higher nominal prices with higher risk. The truth is, you can make 100x on a good decision or lose your entire investment on a bad decision whether the asset is priced at $.01, $10 or $100. Bitcoin is a safer “investment” at $100k than it was at $100,

Let’s talk MSTR fundamentals for a second. For MSTR to continue to perform in the future as it has in the past, the following must be true. - BTC will continue to outperform every other asset class - BTC must remain volatile - MSTR must remain more volatile - At least 1% of

Michael Saylor is singlehandedly forcing the BTC discussion on every public company CEO and chairman. First, he put everyone on notice when shocked the world in 2020 with his initial BTC purchase. Then he kept on buying. Then he hodls like a chad through a 76% drop in 2022

What’s the best option for borrowing against BTC? Unchained seems like the biggest, but I hate their interest rate. ABRA isn’t available to new customers in the US. Ledn seems like a decent option. Any others?

Things (about Bitcoin) that make you go hmmm 🤔 Part 1. In trad-fi, lenders scrutinize the borrowers. Only the most creditworthy get loans. In Bitcoin, it’s the reverse. Because we have to over collateralize the loan, it is borrowers who must scrutinize the lenders.