JUST IN: TOM LEE JUST SAID #BITCOIN AND CRYPTO WILL DISRUPT THE TRILLION DOLLAR BANKING INDUSTRY
"THE BANKS ARE DESCENDING ON CRYPTO"
"IN 10 YEARS, 5 OF THE 10 LARGEST BANKS WILL BE DIGITALLY NATIVE"
TRADFI IS ABOUT TO GO EXTINCT 🔥
RNS Announcement: Bitcoin Purchase
The Smarter Web Company announces the purchase of additional Bitcoin as part of "The 10 Year Plan" which includes an ongoing treasury policy of acquiring Bitcoin.
Please read the RNS on our website (link in comments).
LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8
Bitcoin continues to challenge the neckline of a large head-and-shoulders top, while working off its overbought condition with little or no price damage. This is very much how early bull markets have generally behaved.
I registered for the Telegram SWC chat over the weekend and answered the basic maths question to confirm I’m human. The next day I had this message when trying to go back in.
Does anyone know why this is? Have I been blocked? 😅
@BitcoinColl Bitcoin Business Network (by @BitcoinColl)
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One of my clients gifted £5m to his son last month hoping he would invest it in equities.
So far he’s bought £1m of Bitcoin and moved it to cold storage.
It’s proxy season, and as we carefully vote $NODE’s shares, it’s worth highlighting an interesting proposal from Strategy $MSTR that we feel compelled to weigh in on -->
Proposal:
"To approve and adopt an amendment and restatement of the Certificate of Designations of the Company’s Variable Rate Series A Perpetual Stretch Preferred Stock to provide for two scheduled dividend payment dates per month, instead of one."
As common shareholders of MSTR, we support voting FOR this proposal, but there are tradeoffs.
Receiving dividends twice per month instead of once allows slightly faster reinvestment, worth roughly 2–3 basis points annually to STRC holders at current rates. The incremental investor benefit is modest, but directionally positive.
The reason for this change of terms is that it is vitally important to Strategy that STRC remains an attractive, stable product. It is designed to trade around its $100 target value, and when it does, Strategy can issue more of it efficiently. That supports ongoing Bitcoin accumulation with less reliance on common equity issuance.
Semi-monthly payments should help on the margin to keep the security trading closer to par: smaller, more frequent ex-dividend adjustments reduce the magnitude of each price drop, smooth out the step-down pattern, and shorten reinvestment lag. It also provides a smoother, more frequent income stream that aligns with the “paycheck-style” cash flow many income-focused investors prefer.
The drawback is structural: Strategy is increasingly relying on preferred investors as a funding source. As that reliance grows, the company takes on more fixed obligations: regular cash dividends, pressure to maintain par-like trading, and less flexibility in capital allocation. Over time, this shifts more of the economic claim to preferred holders and can pull management toward prioritizing stability for that investor base. In weaker markets, those constraints can become binding and may come at the expense of common shareholders.
This proposal pushes further in that direction. It strengthens STRC, but in doing so increases Strategy’s dependence on preferred investors as a core funding base.
Still, we believe STRC functioning well is now central to Strategy's model. If small adjustments like this help sustain demand and support issuance at scale, they improve Strategy’s ability to accumulate Bitcoin over time.
On balance, the trade-off is reasonable, we support the change, and recommend common holders vote FOR.
(Note: These are $NODE shares that I am voting. We will communicate how $PFXF, one of the largest STRC holders, will vote its shares closer to the meeting. Supporting this proposal should be less controversial for STRC holders than for common equity plebs.)