Bitcoin is down 50%, but the infighting inside the community is at all-time highs.
So we decided to have a little fun with it.
Using Saylor’s four Bitcoin ideologies as a framework, we break down the tribes, the feuds, and the endless timeline warfare that’s erupted during this bear market.
Enjoy.
📺: https://t.co/VREwD4oj4v
My conversation with @scottmelker on @YahooFinance on @Strategy, the largest holder of Bitcoin in the world, why $GOOG and $MSTR use preferred equity, paying $STRC dividends, buying and selling $BTC, and $MSTR performance.
$STRC and $MSTR shareholders have approved the amendment to move $STRC dividends from monthly to semi-monthly. Under the new cadence, the first record date is June 30 and the first payment date is July 15. Thank you to every shareholder who voted. https://t.co/3sIqqF3FCR
Final call, $STRC shareholders. ⏳
This amendment is for you. Vote FOR to have STRC pay dividends semi-monthly - twice a month, same annual rate. Make your vote count. Voting deadline is June 7, 11:59PM ET.
Bitcoin Is About To DEVOUR $300 Trillion - @Strive CEO @ColeMacro
0:00 The $3T Digital Credit Market
3:24 Why 11.5% Yield Beats Selling Bitcoin
5:17 How STRC & SATA Survived Bitcoin’s Crash
6:12 Why Institutions Want More Volatility
8:37 How To Pick Between STRC & SATA
10:13 Why Preferred Equity Wins For Bitcoin Bulls
14:21 "Products, Not Securities"
16:00 Bitcoin Crashed, Their Reserve Grew
19:44 The Bitcoin Treasury Consolidation Wave
24:05 Why Most Treasury Companies Will Fail
27:50 How Managing $70B Made Him BTC Maximalist
28:44 Calling Out The Fed To Their Face
I can’t stop thinking about Bitcoin. Ever.
Because I spent years watching intelligent people dedicate their entire lives to optimizing around a problem they never questioned.
Working overtime. Negotiating raises.
You know, climbing ladders, managing teams, building businesses… things of that sort.
All while standing on a monetary floor that quietly sinks a few inches every year.
So basically the weirdest part of Bitcoin is what it does to your perception.
You start noticing that entire careers exist to outrun monetary decay.
Industries exist to outrun it.
Governments exist because of it.
Financial advisors exist because of it.
Half the economy feels like a giant exoskeleton humanity built around a broken measuring stick.
Then some autistic stranger on the internet tells you to buy a digital bearer asset and go for a walk.
And somehow that explanation starts making more sense than the civilization you grew up in.
That’s the part I can’t shake.
Bitcoin is exposing a layer of reality that most people never realized they were standing on.
And every day it survives, it becomes harder to ignore.
Forever.
Just like your paycheck; twice a month. 💸
$STRC holders, vote FOR semi-monthly dividends and more frequent payouts.
Vote now, it takes 15 seconds. Visit https://t.co/4pgIjKOrT1 to learn more.
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/6Jy0kST2d1
Bitcoiners playing stupid, acting like Strategy having zero debt is a bad idea
Bitcoiners viewing the cost of capital in a vacuum, ignoring maturity risk
Bitcoiners who are bullish on Bitcoin, concerned if Bitcoin can appreciate more than 11.5%
Bitcoiners ignoring the rate is variable
Bitcoiners ignoring removing controllable short seller incentives from the picture entirely
Bitcoiners ignoring the increased TAM with better creditworthiness
Bitcoiners ignoring the exact feedback S&P Global gave
The anti-STRC morons are in for a rude awakening.
Let’s see how these “MSTR sells Bitcoin death spiral” goes.
🤡🤡🤡
$1.38 billion of convertible debt RETIRED for Strategy.
Solid way to bootstrap the Bitcoin SUPER STRUCTURE. Now to eliminate all maturity risk and zero in on becoming largest company in the world with STRC.
BULLISH $MSTR.