Justin

#Bitcoin & #MSTR | not financial advice | Actuary

[Justin @_jBit]

Pinning this as my benchmark to refer to a year from now.

[Peter Schiff @PeterSchiff]

MSTR has a market cap of $29.54 billion, yet owns just over $50 billion worth of Bitcoin. Not only does MSTR have an unrealized loss of nearly $14 billion on the Bitcoin it bought, but the market value of $MSTR stock is worth less than half of the money @Saylor spent to buy it!

[Justin @_jBit]

@weaverobotics Amazing. Scary how in 10 years this innovative tech will look archaic. Just like the 1st iPhone.

[Justin @_jBit]

It feels like the true “I would like nothing more than to rip the wings off of the shorts” @saylor has arrived.

[Justin @_jBit]

@saylor just posted Strategy’s own corporate version of the Clarity Act

[Justin @_jBit]

Setting clear guardrails for their activity:

Increased USD reserve to $2.55B (17.4 months of dividend coverage)

Established a BTC monetization program, allowing BTC sales if needed to fund reserves, dividends, interest, and buybacks

Authorized up to $2B in repurchases ($1B Digital Credit securities + $1B $MSTR)

Increased $STRC dividend rate to 12.0%

Total dividend coverage increased to $3.8B (25.9 months including BTC monetization capacity)

Will remain disciplined with $MSTR issuance, especially when it trades near 1x mNAV

[Michael Saylor @saylor]

Strategy announces a Digital Credit Capital Framework designed to strengthen Digital Credit, enhance liquidity, preserve long-term Bitcoin exposure, and support long-term value creation. $MSTR $STRC https://t.co/AUoUCtem53

[Justin @_jBit]

@btcjvs Interesting catch.

[Justin @_jBit]

@BTCoptioneer @GrainofSaltSF @Strategy This is exciting. Wonder how it would play out. An announcement of cash raised with an intention to buyback moving forward?

[Justin @_jBit]

Let’s hope @Drake is right about next week.

[Justin @_jBit]

Certainly feeling like I own amplified Bitcoin.

Certainly and buying more.

[Justin @_jBit]

@clementetv_ Exactly

[Justin @_jBit]

This feels like asymmetrical upside. Sitting within striking distance of ‘22-‘23 price after major progress.

These are the prices I had wished i had the opportunity for. I remember thinking the $200s were a steal.

Buying time.

[Bit Paine ⚡️ @BitPaine]

$MSTR is giving you the chance to feel what early bitcoin adopters felt:

300%+ volatility, untested products, hyped up, constant threats of imminent failure and collapse that you feel unqualified to assess.

You came to Bitcoin when it was already easy. It had already largely matured as an asset. Blocksize wars were over. It had gained institutional acceptance - even when FTX failed you knew it would survive.

$MSTR is giving you the chance to feel risk and massive vol the way Bitcoin used to feel. And if you’re panicking now, I’m sorry to say you’re failing the test, and showing that you would never have had the stomach for what early bitcoiners endured. They are simply better men than you.

[Justin @_jBit]

This feels like deep value. Need to go touch grass now.

[Justin @_jBit]

Bad.

[Justin @_jBit]

Looking at Bitcoin price excited I have a new low entry point.

[Justin @_jBit]

Blood in the streets, buying

[Justin @_jBit]

@wreckedretail This is why I’m buying

[Justin @_jBit]

Leaning heavy into $MSTR and spot Bitcoin here. These prices are an opportunity when everything else is at ATH.

[Justin @_jBit]

Buying here. $MSTR