Emil Plic

[Michael Saylor @saylor]

Volatility tests every capital structure. Strategy remains focused on Bitcoin, disciplined capital allocation, credit quality, and long-term value creation. We appreciate our investors and will continue to execute with transparency and resolve. $MSTR

[The Bitcoin Historian @pete_rizzo_]

BILLIONAIRE JACK DORSEY GIVING THE BEST #BITCOIN INVESTMENT ADVICE:

"I DON'T WATCH THE PRICE"

"I KNOW IT WILL ALWAYS GAIN IN VALUE OVER THE LONG TERM AS MORE PEOPLE ARE ABLE TO USE IT"

LEGENDARY CONVICTION 🔥

[Adam Livingston @AdamBLiv]

MSTR Reality Check

Emotions are running high!

People are getting manipulated by all of the engagement farming FUD and for some reason think Saylor and Strategy are on the brink of some death spiral.

As per usual, these people don't do math. They just post a red chart with a doomer sentence for clicks.

If I remember correctly, MSTR survived 2022. Actually, I don't have to remember, because I can buy the stock today.

Let us compare it to the absolute depth of the 2022 bear compared to today.

On November 21, 2022, Strategy had 130,000 BTC.

Their outstanding debt (senior claims) was equivalent to 146,735 Bitcoin.

Yes, the amount of Bitcoin that MSTR shareholders were economically exposed to was NEGATIVE. -16,735 Bitcoin.

The senior claims left zero residual for the common stock, and yet the stock never went to zero. On that same day, the stock closed at $15.72. The common equity bitcoin exposure NAV per share was -$2.33.

Today, they have 847,363 Bitcoin, with senior claims in Bitcoin at ~351,567 BTC.

Yes, in 2022 the common equity was exposed to -16,735 BTC and now it is exposed to 495,796 BTC.

2022 common equity sats/share: −14,786 sats/share
2026 common equity sats/share: 138,146 sats/share

2022 common equity NAV per share: -$2.33
2026 common equity NAV per share: +$81.69

Yes, right now the stock is trading at $87.64 vs the NAV per share of $81.69.

That means the true CEBE mNAV is 1.07x, a 7% premium to the residual left over after senior claims.

Strategy has a balance sheet built for war.

This is a cake walk compared to 2022.

[Human☮🇺🇸🇺🇦🇺🇸🌊 @4HumanUnity]

Jesus was most likely brown, Middle Eastern man.

If he judged by race, he wouldn’t have much reason to love a lot of us. Glad he didn’t.

Instead, he said love your neighbor. Imagine if a fraction of the trillions we’ve spent killing each other went into lifting each other up.

[Knut Svanholm ∞/21M @knutsvanholm]

Taxes and inflation are the prices we pay to live in an uncivilized society.

[Knut Svanholm ∞/21M @knutsvanholm]

The currency you're describing is Bitcoin, @elonmusk!

[Foss - #dothemath @FossGregfoss]

My first post in a long time…

God bless Carla and Walker and family. You are wonderful people and I miss our times together.

Julie and I have fond memories of the friends we met in the Bitcoin community.

Thanks for the repost of walkers tweet @natbrunell

Hope to see you all again soon.

Fosser.

[dana @dana916]

🇺🇸⚔️🇮🇷Joe Kent, the former U.S. counterterrorism official after two decades in Middle Eastern wars, says:

20 years of war was based on lies; Iran is a repetition of the same scenario.

We do not want 20 more years of bloodshed; the people must make their voices heard to their leaders and stop these wars from continuing.

Resistance trench

[George Bodine @Jethroe111]

Relentless, convicted focus with no hesitation or fear.

Few have understood more deeply where Bitcoin is headed than @saylor

[RyanMatta 🇺🇸 🦅 @Ryanmatta]

If we want to end this war by next week, we need every American in the world making videos just like this.

[Natalie Brunell ⚡️ @natbrunell]

The Women of Bitcoin Summit two-day virtual event began with a special message from U.S. Senator Cynthia Lummis, a Bitcoin & Money 101 presentation featuring Efrat Fenigson and Christine Marie Turner and a welcome to women from around the world!

@SenLummis @efenigson @AbundantMines
https://t.co/ot8LCxonYS

[Oliver L. Velez ⚡️ Bitcoin Intelligence @olvelez007]

@TomerStrolight has done it again. He has created what is, in my opinion, one of the greatest bitcoin clips of all time. This made me so proud of Bitcoin I just smash bought some more today.

A must watch. 🔥

[Michael Saylor @saylor]

If it’s not going to zero, it’s going to a million. $BTC

[True North @TNorth]

True North Episode 56 - The Quiet Accumulation - LIVE NOW

https://t.co/0mOfJnzQ9r

[Walker⚡️ @WalkerAmerica]

I went to @SteaknShake today and bought Frisco melts, burgers, tallow fries, and onion rings.

I paid in bitcoin.

Ever since Steak n Shake implemented bitcoin payments, I have paid in bitcoin every single time. Whether drive-thru or walk-in, it was fast and easy.

Bitcoin is a great medium of exchange, and businesses that accept and hodl bitcoin are already living in the future.

[Strategy @Strategy]

3 Themes. 32 Sessions. 47 Speakers. Join us Feb 24-25 in Las Vegas for Bitcoin for Corporations 2026!

https://t.co/cTr577M31R

[Kristian @Kristian_Kho]

Bitcoin mining is the perfect energy curtailment mechanism.

It’s disheartening that people in general just don’t understand this.

The grid not like a pipe, it has to maintain a balance; it’s normal for grids to “throw away” extra energy when supply exceeds demand.

[Michael Saylor @saylor]

Our plan is to equitize our convertible debt over the next 3–6 years.

[Michael Saylor @saylor]

Markets closed. Bitcoin open. Happy Hodlday.

[Michael Saylor @saylor]

1 sat/vB

During the Blocksize Wars, many believed Bitcoin faced an imminent scalability crisis.

A decade later, transaction fees remain low and bandwidth is abundant.

A reminder that markets and innovation often resolve challenges more effectively than urgency or intervention.