Craig Jones

[Craig Jones @craig11000]

@ColeMacro I owned ASST when I first began watching Adam's podcasts. After watching him analyse Strive, I bought more! 'Nuf said!

[Craig Jones @craig11000]

@AdamBLiv Always to-the-point math-based analysis on adrenaline. So good! The value you contribute to our community is immeasurable, Adam! Profound thanks!

[Craig Jones @craig11000]

I hear you, George! I'm re-thinking a more secure custody position, as I was made aware that my address and other information from the hacked shipper was made available to nefarious actors. Unsettling, to say the least! It's painful to think that I have to re-enter "the system," but at this point in time, it's the prudent path. Thanks for your thoughts. I'm personally looking into AnchorWatch, as it has an associated insurance aspect that would appear to mitigate a potential wrench attack. At any rate, happy hunting for an answer that we're all searching for!
For what it's worth, I always look forward to your interviews. I'm 76 years old, so older than you, but in the same ballpark! :)

[Craig Jones @craig11000]

@Jethroe111 With you all the way, George! Love the courage that you've shown and continue to show.

[Adam Livingston @AdamBLiv]

Some folks predicting STRC buybacks. This is what the math would look like by selling MSTR to do so last week... using last week's closing prices.

Issue $250M of MSTR at $91.67 and repurchase STRC at $84.94.

2.73M new MSTR shares: +0.72% dilution
$250M buys 2.94M STRC shares
$294.3M of preferred claims disappear
$44.3M discount captured
$35.3M in annual dividends eliminated

Net BTC reserve grows 0.84% while shares grow only 0.72%.

CEBE:

143,743 → 143,918 sats/share

That is +175 sats/share and a +0.12% CEBE yield.

Issue common near CEBE NAV. Kill preferred 15% below par. Increase sat exposure and also kill $35.3m of dividend obligations.

That is exactly what active capital management is supposed to look like.

We'll see what gets reported!

[Craig Jones @craig11000]

@Gini_220 16

[Craig Jones @craig11000]

@AdamBLiv Working your math magic - I love it!

[Craig Jones @craig11000]

@zerohedge QTR needs to watch the Phong Lee interview by Danny on WBD several months ago, where Phong specifically stated that if Strategy's mNav fell beneath 1.0x, they would be willing to sell bitcoin.

[Craig Jones @craig11000]

@AdamBLiv You hit the nail on the head, as usual. Excellent piece, Adam!

[Craig Jones @craig11000]

@Trezor No real downside remains...

[Craig Jones @craig11000]

Great, Max! I've enjoyed your interviews!

[Craig Jones @craig11000]

@LawrenceLepard So sad that this book isn't available for the Amazon Kindle e-reader! Why not, Larry??

[Craig Jones @craig11000]

@saylor yes

[Craig Jones @craig11000]

Happy birthday, Ed...you've been a shining light throughout the darkness!

[Craig Jones @craig11000]

@MattAttack009_ You are giving false information...Roivant has delivered 5 FDA-approved drugs