This Bitcoin bear is just the same as last time, same despair and in fighting. This my 2nd tour of duty, Bitcoin cycle wise, and seeing all this just drives home the fact that human psychology simply doesn't change.
Hang in there. My guess is we bottom Q4 as always, and good times are ahead from 2027.
Strategy has acquired 1,587 BTC for $100 million to increase our $BTC Reserve to โฟ846,842. We have also increased our USD Reserve by $100 million to $1.1 billion. $MSTR $STRC https://t.co/27PYXJN7GD
Saylor was always going to take a 2X4 to the head after moving away from a "never sell" position. But if selling becomes profitable and creates value for shareholders when the math supports it, that's just rational capital allocation.
What amazes me is how every cycle looks the same. People end up underwater on their positions, panic, and start throwing their toys out of the pram. Surface-level takes spread quickly, FUD takes over, and every dip gets treated like the end of the story by some.
We've all seen this movie before, right? I've seen it play out at least 10 times. The names, narratives, and prices change, but the emotional reactions rarely do. Overreactions during drawdowns are a feature of markets, not a bug.ย
Keep stacking the stock. Your future self will be appreciative.
Strategy has completed the repurchase of $1.5 billion of its 2029 Convertible Notes at an ~8% discount to par, generating an incremental 0.7% BTC Yield and lowering aggregate debt to $6.7 billion. $MSTR $STRC https://t.co/cbx4BlpsKV
@Fibonacci69 Big respect to Chris on most of his takes - but this just shows that even very smart people either misunderstand or don't believe in the trade. Quite frankly, I'm glad. It gives me more time to accumulate.
Today! Strategy Retail Investor Q&A with @Saylor & @PhongLe, hosted by @NatBrunell at 5pm ET.
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Sen. Moreno: "In 2016, I became the first person in the United States to pay my taxes with Bitcoin. I paid $3,000 in taxes with two Bitcoin."
Sen. Scott: "The $3,000 would today be worth how much?"
Moreno: "Too soon."
If you are a $STRC shareholder and have not already voted, please take a moment to do it now. Together, we can make history and establish the $100 standard for Digital Credit.