The Money Bat

Through The Storm, Bitcoin is Reborn

[The Money Bat @TheMoneyBat]

@HermesLux That's a nice number.

[The Money Bat @TheMoneyBat]

@thepowerfulHRV Yes, but in my opinion, somebody has to spend it.

It is great that people can use to protect themselves from inflation, but also it is great that they can buy steaks.

[The Money Bat @TheMoneyBat]

@saylor @Strategy Only advice I accept: Stack Sats.

[The Money Bat @TheMoneyBat]

@saylor Whatever it takes.

[The Money Bat @TheMoneyBat]

@RyansMethod I find your videos very entertaining, but I think you should focus more on Bitcoin cycles. MSTR basically follows BTC

There is no secret for this stock or BTC. At least for me is very simple. How much can I accumulate before the next cycle?

[The Money Bat @TheMoneyBat]

@TheBTCTherapist 9 years here, same feeling.

[The Money Bat @TheMoneyBat]

@thepowerfulHRV That could actually be a new metric, like the dividend kings that increased dividends for more than 50 years.

Bitcoin kings.

[The Money Bat @TheMoneyBat]

@PunterJeff Bitcoin is probably the most liquid asset on earth.

You can trade it Saturday night at 3AM. Imagine in a few years, when there is another wave of adoption.

[The Money Bat @TheMoneyBat]

@BitStrategy21 I agree with you.

But the more competitors in the market, the more Bitcoin is absorbed.

Which pumps the largest holder, MSTR.

[The Money Bat @TheMoneyBat]

@thepowerfulHRV No death spiral. And the implied volatility is growing with these swings.

[The Money Bat @TheMoneyBat]

@MaxCrypto The usual bear market cleansing.

[The Money Bat @TheMoneyBat]

@HermesLux In my opinion, a final shake-off is coming.

[The Money Bat @TheMoneyBat]

@AshCrypto That's why we call them shitcoins. There is no second best.

[The Money Bat @TheMoneyBat]

@themoneyrebel Volatility is a gift to the Faithful.

[The Money Bat @TheMoneyBat]

Officially at mNAV 0.98. Action Plan is simple: hoard cash.

A. Common ATM: ~$300M.
B. Sell the 11/25/2024 purchase: ~$3.33B (Realizing a $2.1B loss)

Accretive on aggregate. This would bring total cash reserves to ~$5B, enough to cover 3 years of dividends.

[The Money Bat @TheMoneyBat]

@BitcoinMagazine @Bitcoinconfasia -53% is like a walk in the park.

I expect a -65% or -75% drawdown.

And from there up to unchartered territories.

[The Money Bat @TheMoneyBat]

@TheBTCTherapist The cash reserve is crucial right now.

[The Money Bat @TheMoneyBat]

@saylor Keep increasing the cash reserve. This is the shield for the bear market.

A strong cash position is what gives confidence to STRC holders.

At this point, nobody will hold more Bitcoin than Strategy.

[The Money Bat @TheMoneyBat]

@HermesLux "Irresponsibly Long"

I think that is quite clear.

[The Money Bat @TheMoneyBat]

@Kalshi BTC has a history of falling sharp and fast, it can crash –75% in a single year.

$MSTR is a leveraged BTC product. A drawdown of 85% is normal and expected.