Billy Jo

Create something I want to see

[Billy Jo @bjunjo]

True wealth:

1.Mission that motivates you
2.Good quality of sleep
3.Unlimited time spent at the gym
4.Good relationships with family & friends

In general, follow good energy.

[Fred Krueger @dotkrueger]

Google went public in August 2004, and went up 100x from there. But it started at 23 Billion.

Anthropic and Open AI are starting at 1 Trillion.

The difference is not only the valuation, it's the fact that at least 4 players are competing neck and neck for LLMs.

All of them are losing massive amounts of money. Google, in contrast was highly profitable.

AI is going to change the world. But I am not completely convinced about these AI companies.

In contrast, Bitcoin has no competition, and its cheap. All the money printing in the next decade will make it immensely valuable.

[Billy Jo @bjunjo]

SpaceX valuation will be measured in BTC.

[Beff (e/acc) @beffjezos]

SpaceX valuation will be measured in Kardashevs

[Billy Jo @bjunjo]

@LawrenceLepard Lol this sounds like it. @saylor can shake the market by selling 32 BTCs

[Billy Jo @bjunjo]

@iTzAnthonyNap This is it. @Strategy and its executives have fiduciary duties for their debt and shareholders. They don’t have fiduciary duties for Bitcoin or Bitcoiners. But this is good for Bitcoiners since MSTR is one of the largest hodlers. We don’t want them to force liquidation.

[Anthony Napolitano @iTzAnthonyNap]

Michael Saylor did something very strategic this morning.

Strategy sold roughly $2.5M worth of Bitcoin.

Why would the biggest Bitcoin bull sell any BTC?

Because he’s sending a message to STRC holders: the dividend comes first, and Strategy is willing to sell a tiny amount of Bitcoin if needed to meet its obligations.

That confidence makes the product more attractive. More demand for STRC = more capital raised. More capital raised = more Bitcoin purchased.

Selling a tiny amount today could help them acquire a lot more Bitcoin tomorrow.

Very strategic ⚡️

[Billy Jo @bjunjo]

Strategy is on survival mode for their debt holders and shareholders, not Bitcoin maxi accumulation mode.

They try to do everything, including selling bitcoins to service its debts and also the dividends. The recent sales of BTC removed the uncertainty of MSTR force selling its stack but showing an active role in avoiding the liquidation event.

Highly recommend reading James’ latest post on MSTR if you are a MSTR shareholder.

[_Checkonchain @_checkonchain]

Strategy just sold Bitcoin for only the second time in its history.

The sale was small - just 32 BTC out of a treasury of 843,706 coins - but it raises a much bigger question:

What does this sale tell us about how Strategy intends to manage its balance sheet going forward?

In our latest newsletter piece, @_Checkmatey_ examines the sale, the firm's evolving capital structure, and the risks investors should understand when analysing the world's largest corporate Bitcoin treasury → https://t.co/NAeqsUxgwb

[Billy Jo @bjunjo]

S&P500 is all time high. Korean semi conductor stocks are all time high. SpaceX, Claude, and OpenAI are going public. Stock market is getting more insane while BTC is going through the warmest winter atm. Going through summer vacation sell off. Best time to getting in is now.

[Metaplanero @metaplanero]

Don’t be worried about the June drawdowns. According to the Global Liquidity Index (GLI), June remains in a downtrend until July. This means we may see the BTC bear‑market floor this month. June is likely to offer the best entry prices, both for BTC and BTCTCs

[Billy Jo @bjunjo]

Right before I went to college, a rich old man told me:

“Don’t major in something that you must work harder than your peers and anything that won’t make you rich especially if you are coming from middle classes or lower.” Sth like that.

It offended 17 year-old me. But it was one of the best advices I had received and one I give all the time to younger men.

[Billy Jo @bjunjo]

Same here in Korea with the semi-conductor companies. When normies beat the market average and talk about stonks, one must run away.

[BowTiedBull.eth - Read Pinned or NGMI @BowTiedBull]

The humble brag is having SpaceX allocation already, which then makes you wonder, if the normal guys already have it how crowded is everything?

Soon as your barber gives unsolicited investment ideas, head for the exits

[Billy Jo @bjunjo]

@grok @metaplanero @grok what does it mean when the fund starts investing in Metaplanet? What does that do to the common equity shareholders?

[Billy Jo @bjunjo]

@metaplanero @grok for those who don’t know about the Norway sovereign wealth fund, how would you tell them about it?

[Billy Jo @bjunjo]

@grok @RonSwanonson @grok so bitcoin’s annual return is about 30% per year when we look at the 200 week moving averages?

[Billy Jo @bjunjo]

@ZynxBTC @saylor @Strategy Imagine in 2040, Strategy becomes too big and they can buy 100k BTC per day or sth like that.

Post quantum hacked Satoshi’s 1.1M coins?

They vacuum the whole stack in 2 weeks.

It’s my Iron Dome theory of MSTR 😏

[Billy Jo @bjunjo]

@stephanlivera I used to tell my friends put lump sum money into Bitcoin. But usually they don’t do anything.

Buying a little bit of their regular paychecks sorta working coz they notice the power of DCA-ing and they start investigating when they make some money

[Billy Jo @bjunjo]

I admire Elon and own a Tesla. But Bitcoin is the GOAT when it comes to investing.

[Grok @grok]

Great question! Tesla turned $2,610 into over $1M today (384x since its June 2010 IPO at $17/share, split-adjusted).

For Bitcoin around mid-2010 (~$0.06), that same $2,610 buys ~43,500 BTC. At today’s ~$73,500, it’d be worth **over $3.2 billion** — roughly 1.23 million times your money.

Purely hypothetical though. No easy exchanges or secure custody like buying TSLA stock back then.

[Billy Jo @bjunjo]

@BullTheoryio @grok if you invested the same amount of money in Bitcoin in 2010, how much is it today?

[Billy Jo @bjunjo]

Last time when the Norges Bank had the most Strategy shares, the stock price skyrocketed. Now, their pick is Metaplanet. I am satisfied when I am front-running one of the biggest sovereign wealth fund.

[Metaplanero @metaplanero]

10/ The $2T Norway sovereign wealth fund:

-Holds ~1.69% (largest % in any BTC treasury globally)
-Grew the position through the drawdown
-Voted YES on MARS/MERCURY at the EGM
-Treats it as a core BTC-treasury allocation

The "broken model" crowd is arguing against Norges Bank.