Gio

[Gio @gscalzo3]

@PunterJeff @coffeebreak_YT Bro, you cooked him

[Gio @gscalzo3]

@gregogallagher Elaborate. All food is processed?

[Gio @gscalzo3]

@BitPaine Me no follow. Can you clarify

[Gio @gscalzo3]

@UTDAlex8 Replace Man U with Bayern. It’s close though

[Gio @gscalzo3]

@Thebiglade “K, cool”

[Gio @gscalzo3]

@Matt_Pinner Mandy

[Gio @gscalzo3]

@operationdanish Which DATs have blown up and actually sold BTC? Seems more market maker selling to me

[Gio @gscalzo3]

@ollie_perry @thepowerfulHRV Great analysis! My guess is $100-$200M. I think they will ease into the STRC ATM and play the long game. Could be wrong though, they prob wanted to buy as much of the dip as possible

[Gio @gscalzo3]

@acwilcox @BitPaine Not my thesis, they said this in their earnings call. And I don’t have lettuce hands, so definitely not selling

[Gio @gscalzo3]

@comic @bramk @saylor @BitcoinPierre I’m happy for you

[Gio @gscalzo3]

@comic @bramk @saylor @BitcoinPierre Short it then. See how that works out for you

[Gio @gscalzo3]

@comic @bramk @saylor @BitcoinPierre BTC/Share is the signal. MSTR price will work itself out eventually

[Gio @gscalzo3]

@comic @bramk @saylor @BitcoinPierre You’re mistaking timing for failure. The structure needs a BTC leg to show its edge. Dilution’s just the setup, not the verdict

[Gio @gscalzo3]

@comic @bramk @saylor @BitcoinPierre The “new” strategy to acquire more bitcoin…Stop looking at it like a quarterly trade. This is a long term play. The chart matters because it shows how every issuance wave reloads the spring for the next BTC run

[Gio @gscalzo3]

@comic @bramk @saylor @BitcoinPierre Going from $1B to $70B+ in market cap since adopting a BTC treasury strategy is irrelevant?

[Gio @gscalzo3]

@comic @bramk @saylor @BitcoinPierre Here. I’ll do it for you. Zoom out!

[Gio @gscalzo3]

@comic @bramk @saylor @BitcoinPierre What’s the chart look like since they adopted the BTC treasury strategy? Post that one…

[Gio @gscalzo3]

@KurtBauerle @BitPaine Exactly!

[Gio @gscalzo3]

It’s not dilution for dilution’s sake. The capital raised is used to buy an appreciating reserve asset. If BTC compounds faster than the cost of capital (which it will), shareholder value still grows. That’s leverage. The “infinite” idea refers to compounding cycles, not printing money out of thin air

[Gio @gscalzo3]

@standing5033 @BitPaine If BTC compounds 20–30% a year, the loop can recycle endlessly because asset growth outpaces issuance. That’s what I mean by “infinite”. reflexive, not literal