“Michael, so you own 5% of all Bitcoin & decided you were going to sell some to test the liquidity?"
“That’s correct Dave.”
“And you did this immediately after using up your cash to buy back debt at an 8% discount?”
“I did, Dave.”
“So when you actually did what you said you were going to do, the liquidity test didn't go well?”
“Sadly true, Dave.”
"And you only sold 32 BTC, even though you knew that wouldn't be enough to cover the next year of dividend payments?"
"Yes, Dave."
"So in the process of selling BTC to try & save STRC, you ended up killing BTC, STRC, & MSTR?"
"Very astutely observed, Dave."
The $MSTR mission creep I always said would come.
Even though Strategy doesn’t need the money, it is conditioning investors to believe that selling Bitcoin to fund dividends and yield is a normal part of the new Strategy playbook.
The result is a structure that normalizes Bitcoin distribution back into the market whenever cash flow is needed to support dividends and yield.
In effect, they’re building the infrastructure for short-term Bitcoin price management while training investors to view it as prudent capital allocation.
A gift to the Financial Industrial Complex.
Bitcoin was designed to separate money from the financial system.
The FIC wants Bitcoin integrated into the same system of custodians, leverage, yield products, and paper claims that dominate traditional finance.
Strategy accelerates that transition by making Bitcoin sales, dividend policies, and yield engineering part of the accepted model.
It is what it is.
Bitcoin can be used by anybody.
But Bitcoin in self-custody is the resistance.
In the long run, the FIC doesn’t want you to own Bitcoin. It wants to custody your Bitcoin, tokenize your Bitcoin, lend your Bitcoin, and issue paper claims against your Bitcoin.
The goal is simple: keep you a paper-Bitcoin slave while they accumulate the real asset instead of you.
Not your keys.
Not your Bitcoin.
JUST IN: JIM CRAMER JUST SAID HE IS "REEVALUATING HIS PRO-#BITCOIN STANCE"
THE MOST RELIABLE INVERSE INDICATOR ON WALL STREET JUST FLIPPED BEARISH
WE'RE SO BACK 🚀🚀
You scan your face for a private company to put your passport in your phone. Apple started it, Google followed, now Samsung. Soon it's not only airports; it works at a stadium in LA already. Once it's everywhere you're the weird one for not doing it. That's how this stuff gets normalized, one door at a time.