Chase

Bitcoiner | Optimist | Exploring monetary technology & stablecoins | MBA | 🎧 | 👾

[Chase @Madmodes]

@goldsilver_pros Convert to Bitcoin and move on

[Samson Mow @Excellion]

I think many are missing the forest for the trees.

There was a bit of foreshadowing when Strive purchased 32 BTC while Strategy sold 32 - many probably didn’t catch it.

The thing to understand is: it doesn’t matter if Strategy sells in the future for funding dividends or for whatever reason. Another treasury company will buy.

BSTR is about to come online with $1.5B to deploy. It’s a major contender for the top spot and they’ll have their own Bitcoin capital accumulation stack operating on a different wavelength and timing.

Regardless of whether you love or hate Bitcoin Treasury Companies, there are more coming and the competition to accumulate BTC is going to kick into high gear.

And remember that the treasury companies aren’t the only buyers, just the most visible ones.

Plan accordingly.

[Chase @Madmodes]

The bears come out in droves when the price falls, and it’s clear that they are not serious people who are short-sighted.

Michael is a visionary who is revolutionizing corporate treasury, and people vilify him for being different. The hero’s journey is long, but the road to a trillion market cap will be full of riches. At the end of the day, Michael still has the bitcoin and there’s nothing a bear can do to part him from it. Full stop.

Cry hard, bears. Bears stay poor while MSTR holders stay relaxed and moisturized. Full stop.

[Michael Saylor @saylor]

When I gave this speech in October 2022, Bitcoin traded near $20,000, Strategy held 130,000 BTC worth about $2.6 billion, and $MSTR was ~$24 split-adjusted. Weeks later, after Bitcoin fell below $16,000, our debt exceeded the combined value of our BTC and cash reserves by ~$300 million, and $MSTR fell into the $13 range by year-end.

We stayed focused, strengthened the company, and executed our strategy. Since then, Strategy has raised over $60 billion of additional capital and invested it in Bitcoin, adding more than 716,000 BTC. Today, our BTC and USD reserves exceed debt by ~$48 billion. Thank you to everyone who believed, endured, and took the long view.

[Chase @Madmodes]

@TerriTortuguero Striver holders are flooding the polls😂

[Chase @Madmodes]

STRC & SATA holders need a friendly reminder on volatile days.

[Chase @Madmodes]

@AAStack Praise B, this is peak financial faith😂

[Chase @Madmodes]

@AdamRaj86681877 @ColeMacro @PunterJeff Agreed! This is the early adopter tax. Things should stabilize as the products mature.

[Chase @Madmodes]

@publord We need crash outs so we can crash up.

[Chase @Madmodes]

@JoeCarlasare Respect for still keeping this video posted.

[Chase @Madmodes]

This feels like we are getting close to peak fear.

[Chase @Madmodes]

@curious_founder Operational Excellence has a compounding effect that will widen the gap from completion. IREN is in a great position.

[Chase @Madmodes]

@HermesLux Strategy should stay the course and continue to retire the converts.

Strengthening the balance sheet will improve how the prefs trade.

[Chase @Madmodes]

@BitcoinTeacher_ @BitStrategy21 Dual par is around the corner.

[Chase @Madmodes]

@RHodls Additionally, short sellers are piling in to move the price down.

This too shall pass and STRC will retrace to par.

[Chase @Madmodes]

I would like to thank the bears for bringing the STRC price down. This provided a great opportunity for my portfolio.

[Chase @Madmodes]

@MrPappagorgio02 @BenJustman People really like daily dividends.

[Chase @Madmodes]

@BitPaine I would veto a $180 offer. The future value of Strategy is much higher.

He clearly is in the “bitcoin’s dead” group.

[Chase @Madmodes]

Strategy needs to work on removing their 2029 and 2030 B converts to reduce the perceived risk.

[Chase @Madmodes]

@IREN_Ltd @RaiseSummit The negative commentary speaks to the time horizon for holding the stock.

It doesn’t make sense to sign a deal and be trapped in a contract while capacity remains a bottleneck.