Major Bad Built Butch 🇺🇸

proud 🏝️. capitalist. globalist. hodl🚀

[Major Bad Built Butch 🇺🇸 @jinx_matson]

@Arightside Sending him all my thoughts and prayers

[Shanaka Anslem Perera ⚡ @shanaka86]

Michael Saylor's Strategy just fell below $97, and the people calling it panic are missing what actually happened. The company did not break this week. It crossed a line it drew for itself, in writing, ten months ago.

In an August 2025 filing, Strategy published its own capital rulebook as a ladder. Above 4x its Bitcoin net asset value, issue stock aggressively and buy Bitcoin. Between 2.5x and 4x, issue opportunistically. Below 2.5x, issue only to cover debt interest and preferred dividends. And the final rung, in their exact words: below 1x, the company will consider issuing credit to repurchase its own stock.

This week the stock crossed below 1x. The machine did not malfunction. It hit the precise threshold its own playbook defined as the point where everything reverses, and the document predicting it has been sitting on the SEC's servers since last summer.

That line is the whole story. For five years the engine ran one way. Sell stock at a premium to the Bitcoin behind it, use the cash to buy more Bitcoin, watch Bitcoin-per-share climb, let the rising premium justify the next raise. It only works above 1x. Above that line, every share sold makes holders richer in Bitcoin. Below it, the identical move runs in reverse, and every share sold shrinks the Bitcoin behind the ones already out there. The turbine that built the largest corporate Bitcoin stack on earth does not idle below 1x. It spins backward.

Now the squeeze. Strategy carries five layers of preferred stock with a cash dividend bill estimated near $1.7 billion a year. Those holders get paid no matter where Bitcoin trades. The easy way to fund that bill was issuing common stock at a premium, and that door just shut. Cash reserves sit near $1.4 billion, roughly ten months of coverage. That is the real clock, and it is not measured in price. It is measured in months.

So they sold 32 Bitcoin three weeks ago, the first sale since 2022, after years of swearing they never would, to cover a single dividend payment. The amount was trivial. The signal was not. The company that told the world it would never sell sold, because the funding loop it relied on had already stalled.

This is the first genuine stress test of the corporate Bitcoin treasury model at full scale, and the honest read carries both edges. The trap is real. Stalled issuance plus a fixed dividend bill plus a draining reserve is how a leverage structure unwinds, and Peter Schiff has pointed at this exact math for years.

But the escape hatch is real too, and it is written on the same page as the trap. Below 1x, the playbook says issue credit and buy back the cheap stock, which rebuilds Bitcoin-per-share instead of destroying it. A hard Bitcoin rally reopens the equity door overnight. They have survived every prior drawdown by waiting, and ten months of cash buys a lot of waiting.

So can they sustain it? Above 1x, indefinitely. Below 1x, only as long as Bitcoin stays patient and the reserve holds. The model was never a perpetual motion machine. It was always a bet that Bitcoin rises faster than the dividends come due.

The stock did not fall through a floor this week. It fell through the exact trapdoor the company drew on its own blueprint, labeled, and filed, while everyone was busy watching the price.

[Major Bad Built Butch 🇺🇸 @jinx_matson]

@AdamantAlpaca @SeeRacists What’s the matter cupcake? Can’t stand the reflection in the mirror ?

[Big Rome 🚀 @LONDO87540615]

@GOP__Ls

[Major Bad Built Butch 🇺🇸 @jinx_matson]

@AJButtofucco @BarackObama Not with those foggy ass nails. Sit this one out 😂

[Major Bad Built Butch 🇺🇸 @jinx_matson]

@BlackGayTweetz @koshercockney @BarackObama American education system failed him

[Major Bad Built Butch 🇺🇸 @jinx_matson]

@LangmanVince @BarackObama And on social media, the laughs will stay. The rest of us will enjoy touching grass and admiring it in person. cry harder baldy

[Canada Hates Trump @AntiTrumpCanada]

They wore red hats for him.
They wore ear bandages for him.
They wore diapers for him.
They wore garbage bags for him.

Now they cheer wars, shrug at high gas prices, call inflation “freedom” and are totally cool with pedophilia.

MAGA are the dumbest motherfuckers on the planet.

[Major Bad Built Butch 🇺🇸 @jinx_matson]

National
Hero!!!

[Occupy Democrats @OccupyDemocrats]

BREAKING: Congresswoman Joyce Beatty files a massive lawsuit in federal court to BLOCK Trump from closing the Kennedy Center for his heinous renovations.

This is the best news that we've heard all day...

“The Court should not wait until the bulldozers are at the door. It should issue an order that preserves the status quo until the rule of law––not unilateral executive action–– determines the Kennedy Center’s ultimate fate," Beatty wrote to the U.S. District Court for D.C.

She urged the judges to intervene because Trump might "demolish" the historic building during his planned closure. She further pointed out that the closure could turn the beloved center into a "lifeless husk for two years" and that Trump hasn't even sought Congressional approval for the closure.

She stated that allowing the closure would “violate the statutory mandate to ‘maintain and administer’ the Kennedy Center as a ‘living memorial’ to” to JFK.

The backlash against the closure has been widespread and vocal, with many commentators suggesting that Trump is doing it to save face since so many popular acts have canceled their performances in protest of his MAGA regime. The "renovations," whatever they're intended to be, are another pathetic attempt by Trump to carve out a legacy for himself despite his utterly failed tenure as president.

Congresswoman Beaty stated that the closure is “unfortunately reminiscent” of Trump's demolition of the White House's East Wing, during which he brazenly destroyed the People’s house to build himself a gilded ballroom.”

Please ❤️ and share if you support this lawsuit!

[Major Bad Built Butch 🇺🇸 @jinx_matson]

@Bert7058 I’ll take that as a No 😂

[Major Bad Built Butch 🇺🇸 @jinx_matson]

@Patriot1776X @Arabbeau LMAO!! YOU calling him inbred??? That is truly RICH

[Major Bad Built Butch 🇺🇸 @jinx_matson]

@Grantzky08 @NeverteIImeodd Link?

[Rohit @ai_rohitt]

🚨 Anthropic just showed a 27-minute workshop on how to actually do prompts for Claude.

Taught by the people who built it.

Free. No registration. No paywall.

I've seen $300 courses that don't cover what they teach in the first 8 minutes.

Watch it and bookmark it now.

[BIGO RECAP @bigorecap]

Influencer #RoyceStyles is setting the record “straight” after his ex allegedly leaked photos of him and #ShannonSharpe, sparking rumors online. Royce is now speaking out and firmly denying any claims that the two were ever romantically or sexually involved. Take a look! 🗣️🚫🏳️‍🌈😮

#Bigorecap #Bigolive #Bigousa #Bigo

[BIGO RECAP @bigorecap]

Oop! Influencer #RoyceStyles’ ex-girlfriend is putting him on blast, alleging he had a secret relationship with #ShannonSharpe. #TashaK drops the receipts. Take a look! 😮🫖🏳️‍🌈 #HappyPride

#Bigorecap #Bigolive #Bigousa #Bigo

[Major Bad Built Butch 🇺🇸 @jinx_matson]

@LePapillonBlu2 I bet they’ll make a MAGA plea to president Trump and get pardons before next Friday.

[ᗰᗩƳᖇᗩ @LePapillonBlu2]

Not any Immigrants, Black, Hispanic, or trans people in there.

[Eugene @ScienceDJX]

Rubio might not notice because he is distracted by the shoes Trump gave him that are several sizes too large for the little dude.