BullBear Alpha

Visionary-led investing | Timeless insights from builders shaping tomorrow | Finance, economy, AI and the lives behind the markets.

[BullBear Alpha @bullbearalpha]

https://t.co/RwR3vY7Jiy

[BullBear Alpha @bullbearalpha]

The math on gross BTC NAV is correct: with 845,256 BTC, Strategy needs only about $94.4K BTC to exceed its previous ~$79.8B Bitcoin-value peak.
But gross BTC NAV is not the same as shareholder value. The real test is BTC value minus debt and preferred claims, divided by fully diluted shares. Total BTC grew 32%; BTC per share is what ultimately matters.

[BullBear Alpha @bullbearalpha]

@coinbureau in other words they are asking retail investors to sell so they can buy cheap!! Thank you idiots!

[BullBear Alpha @bullbearalpha]

The mark of a visionary leader is seeing opportunities long before the world recognizes them. Jensen Huang bet on accelerated computing and AI decades ago. Today, that conviction is transforming industries worldwide. #NVIDIA

[BullBear Alpha @bullbearalpha]

@fundstrat
Have you considered evolving $BMNR into a Berkshire-style capital allocator over time? $ETH could remain the core treasury asset, but a holding company structure would provide greater optionality, diversification, and the ability to capitalize on opportunities beyond digital assets. Berkshire's greatest advantage wasn't a single asset, it was capital allocation.

[BullBear Alpha @bullbearalpha]

@CNBC Valuing a company like SpaceX is exceptionally challenging given the optionality embedded in Starlink, Starship, and future space infrastructure. Reasonable analysts can arrive at vastly different conclusions.

[BullBear Alpha @bullbearalpha]

One of the strangest features of financial media is that some pundits can make bold forecasts year after year, miss repeatedly, and still be invited back as if nothing happened.
Investors are judged by their returns. Forecasters are often judged by their confidence.
The lesson isn't to follow or dismiss any single personality—it's to remember that prediction is easy, accountability is rare.

[BullBear Alpha @bullbearalpha]

Virgin Galactic $SPCE was one of the most aggressively promoted SPAC stories of the 2020 bubble. Retail investors were sold a vision of space tourism while Chamath Palihapitiya and Richard Branson cashed out hundreds of millions in stock. Years later, the shares are down more than 99% from their peak and countless investors have been wiped out. A masterclass in SPAC hype and wealth transfer from retail to insiders. #SPCE

[BullBear Alpha @bullbearalpha]

Anyone who thinks $AMD will sit idle while $NVDA innovates is badly mistaken.
Dr. Lisa Su did not rebuild $AMD into a world-class semiconductor company just to watch the AI era from the sidelines.
$AMD is coming.

[BullBear Alpha @bullbearalpha]

$AMC shareholders have suffered enormous destruction of value under Adam Aron’s leadership. The endless promotional optimism, dilution, reverse split, and failure to build a durable business strategy have been devastating. In my opinion, he should have been replaced long ago. A painful lesson for retail investors: don’t chase hype.

[BullBear Alpha @bullbearalpha]

It is better to own a great business at a fair PEG than a cyclical business with a temporarily low PE.

[BullBear Alpha @bullbearalpha]

Meta’s AI wearables push could be a major long-term layer if they get the hardware right. The real upside may not be just device sales, but recurring AI services, enterprise use cases, and a new interface beyond smartphones. Execution will matter, but this is strategically very important for $META.

[BullBear Alpha @bullbearalpha]

Just a thought: The Amazon comparison is emotionally powerful but analytically dangerous. Amazon had operating businesses, cash-flow reinvestment, customer lock-in, logistics scale, AWS, and management control. $ETH is a decentralized monetary/network asset. The analogy works only at the level of “market may underestimate infrastructure.” It does not prove $ETH will compound like Amazon.

[BullBear Alpha @bullbearalpha]

$MSTR shareholders deserve more than endless BTC purchases, dilution, and leverage. Michael Saylor built a bold narrative, but a company cannot rely forever on issuing shares/debt to buy one volatile asset. Strategy should create value — not just amplify Bitcoin exposure.

[BullBear Alpha @bullbearalpha]

As a shareholder, I would rather see $BMNR focus on capital discipline, transparent treasury strategy, risk management, and concrete steps to increase shareholder value — not luxury lunches at the Louvre. Institutional image-building is fine only if it produces real strategic outcomes. Otherwise, it looks like unnecessary spending while shareholders are waiting for execution.

[BullBear Alpha @bullbearalpha]

@CMDarnton0 Your call on $AMD has been truly remarkable — one for the ages. Congratulations.

[BullBear Alpha @bullbearalpha]

@TheLongInvest $MSFT is hated right now.

[BullBear Alpha @bullbearalpha]

@danielnewmanUV @FuturumEquities @rolfbulk You are brilliant… and this $AMD call is aging beautifully. 👏🔥

[BullBear Alpha @bullbearalpha]

@fundstrat @SAMALTCOIN_ETH @BitMNR And thanks for continuing to dilute your existing shareholders!! It has been very painful.

[BullBear Alpha @bullbearalpha]

@BMNRBullz @coinbureau Assuming they don’t continue diluting existing shareholders.

[BullBear Alpha @bullbearalpha]

Tom, Russell 1000 inclusion may create short-term technical support for $BMNR, but long-term shareholder value will not come from index flows alone. Shareholders need to see a serious strategy: disciplined capital allocation, less reliance on dilution, and clear plans to grow net income, free cash flow, and sustainable cash generation.
The company should explain how it intends to create value beyond issuing shares. What are the concrete revenue drivers? What operating businesses can produce real cash flow? How will management protect existing shareholders from continued dilution?
Also, investors deserve updates on the MrBeast-related investment and the $orbs exposure. If those investments were promoted as strategic, shareholders need transparency on performance, risks, and whether they are still expected to add value. A falling related stock price raises fair questions.
Index inclusion is good, but it is not a business model. Shareholders need strategy, execution, and accountability.