₿itcoin₿ulldog⚡️

[₿itcoin₿ulldog⚡️ @ableinch]

@SuperBitcoinBro @AlexLongneck Officially taken out.

Any new ones opened up?

[₿itcoin₿ulldog⚡️ @ableinch]

MSTR/BTC ratio update.

We continue to follow the pattern from 2022-2023.

The ratio bottomed at over double the 2022 low.

More grinding sideways ahead.

And then an explosive expansion.

[₿itcoin₿ulldog⚡️ @ableinch]

MSTR/BTC ratio - nearly four months on.

Quoted tweet was the day MSTR/BTC bottomed (3x higher than the 2022 low).

Since then, it has continued to follow the 2022-23 pattern.

Look what lies ahead.

We all know BTC is going up.

MSTR will go up more.

[₿itcoin₿ulldog⚡️ @ableinch]

@Mahnsoo70815409 Stroud?

[₿itcoin₿ulldog⚡️ @ableinch]

@Mahnsoo70815409 🤔

[₿itcoin₿ulldog⚡️ @ableinch]

@RobinSeyr Surely 673 BTC - that would take them to a clean 850k BTC.

[₿itcoin₿ulldog⚡️ @ableinch]

@zaidlikesmstr @Strategy I wonder if we’ll even see any STRC capital raised on the 8K.

Capital raised on Wednesday was probably used to buy back on Thursday/Friday.

[₿itcoin₿ulldog⚡️ @ableinch]

@G95Jak @millercole @asjwebley @0rangecoins @Trading212 Excellent.

[₿itcoin₿ulldog⚡️ @ableinch]

@MorningCoffee75 @asjwebley @millercole Excellent post. Got me interested too. Excited for the coming months.

[₿itcoin₿ulldog⚡️ @ableinch]

@SuperBitcoinBro That new intraday gap at $79,510 - filled ✅

[₿itcoin₿ulldog⚡️ @ableinch]

@asjwebley @0rangecoins @G95Jak @millercole @Trading212 Latest from today on this.

I pointed out that they list other preferreds, and compared one example (which trades less than £10k daily) with yesterday's volume on MORE...

[₿itcoin₿ulldog⚡️ @ableinch]

@SuperBitcoinBro @ThinkingUSD @0xRiver8 And I for one am grateful.

[₿itcoin₿ulldog⚡️ @ableinch]

@zaidlikesmstr @AtlasHodld @Strategy I think caution at this stage.

Refil USD cash from STRC proceeds.

After all they might need it to buy back more STRC today.

I suspect, if we stay at par, we’ll mostly refill USD cash and also make a small symbolic BTC buy.

[₿itcoin₿ulldog⚡️ @ableinch]

@RobinSeyr They won’t buy any BTC yet surely.

They’ll replenish the USD cash. So they have cash ready for more STRC buybacks if necessary.

Reckon it’ll be a little while before STRC ATM is directed at buying BTC again.

[₿itcoin₿ulldog⚡️ @ableinch]

@STRC_live @d_1awrence They won’t buy any BTC yet surely.

They’ll replenish the USD cash. So they have cash ready for more STRC buybacks if necessary.

Reckon it’ll be a little while before STRC ATM is directed at buying BTC again.

[₿itcoin₿ulldog⚡️ @ableinch]

@GrainofSaltSF Surely they’ll refill USD cash before buying more BTC.

[₿itcoin₿ulldog⚡️ @ableinch]

@thepowerfulHRV And once they’ve rebuilt that up to $1B, they start buying BTC again.

No point buying BTC now, and then having to sell MSTR to buy back more STRC if it drops below par again next week.

Caution here makes sense.

[₿itcoin₿ulldog⚡️ @ableinch]

@thepowerfulHRV Surely the funds raised go into USD cash.

[₿itcoin₿ulldog⚡️ @ableinch]

@HODL15Capital MORE is second from top.

And the only offering in GBP.

@smarterwebuk

[₿itcoin₿ulldog⚡️ @ableinch]

@HODL15Capital Time to add MORE from @smarterwebuk ?

[₿itcoin₿ulldog⚡️ @ableinch]

@zaidlikesmstr @Strategy Thought I heard Long Phong say they had more than $242m capacity remaining in the earnings call, which made me think they’ve gone ahead and increased the capacity.