JD 🟧

Always bet the 4-5.

[JD 🟧 @JDBet45]

@blockgraze @00lawd Spotify is one of the use cases for Anthropic. Their CTO gave a talk at CC conference about how they are using CC on 90% of their code now, deploying hundreds of times per day. But do they have hundreds of great new features and ideas that require this velocity? Probably not 🙃

[JD 🟧 @JDBet45]

@MBuffington @BobbyMarks42 @KeithSmithNBA He realized how ridiculously stupid the trade was and felt guilty

[JD 🟧 @JDBet45]

@BTCFrodo @BTCtreasuries @GrainofSaltSF Really tough to say. Would need to sell what 50k BTC at $120k to cover it? Probably won’t be all BTC, would assume some ATM too. How quickly STRC gets to 100 and how much volume would get us some solid predictions (once 100 is hit).

[JD 🟧 @JDBet45]

@BTCFrodo @BTCtreasuries @GrainofSaltSF That is 2 plus years from now. They have time, they will keep selling some common I’m sure to build up cash reserves. So could be a mix of BTC sales and cash/common to cover it. But time is truly on their side right now. Unless you think BTC will not appreciate in 2 years?

[JD 🟧 @JDBet45]

@SatoshiFlipper Yeah - not sure if you heard but one company buying 850k BTC is super bearish. 🙄

[JD 🟧 @JDBet45]

@ShardiB2 Guys the ticker is JFC, time to load up!! 😄

[JD 🟧 @JDBet45]

@ChrisMMillas Will be interesting at the 9:30 open when BTC dumps (as it has for seemingly weeks now) if it dumps hard and how MSTR holds up to that pressure.

[JD 🟧 @JDBet45]

@ChrisMMillas I took this to mean he raised a ton of cash

[JD 🟧 @JDBet45]

@BitcoinTeacher_ I think they raised a ton of cash this week. They will hike the rate on STRC. Then I think do nothing, let inertia take over and see what happens. They don’t need to accumulate a ton of BTC now. If STRC allows it fine, but they have plenty. It just needs NGU 😬

[JD 🟧 @JDBet45]

@aganstwallst @saylor I think the damage is already done sadly. The initial investors (retail) got torched. It’s going to take a long time (track record of performance) to regain trust at volume. They overplayed their hand ramping up too quickly. If BTC cooperated they might have been ok, but it didnt

[JD 🟧 @JDBet45]

@bariksis I think it is for awhile , yeah. The trust damage of the initial retail buyers is real and will take a long time and track record to heal up. If you are in it for 12-18 months you’ll probably be ok, but it’s going to be a long road back IMO.

[JD 🟧 @JDBet45]

@Pentosh1 @saylor @Strategy There is no chance of getting rid of STRC. They need to hike dividend in July and hope BTC makes a recovery. They really jumped the gun calling it money market with low vol, it just wasn’t proven yet. Once BTC tanked STRC tanked with it, really burning early investors