Noah

[Michael Saylor @saylor]

Digital Credit. Digital Money. Digital Equity. Digital Treasury.

My conversation with @ColeMacro at @BTCPrague on the future of capital markets, followed by Q&A on the nuances of Bitcoin-backed securities and corporate finance.

[Strategy @Strategy]

In the depths of the 2022 crypto winter, our average cost basis was $30K while $BTC traded nearly 50% below it at $16K. What did we do? We bought more.

[Bishop Robert Barron @BishopBarron]

Very grateful to President Trump and the First Lady for joining the Catholic faithful and the bishops of the United States in dedicating the nation to the Sacred Heart of Jesus.
https://t.co/ftjM8LpDx8

[Michael Saylor @saylor]

Accretion depends on the metric. Net Assets per Share measures balance sheet strength and residual asset value. BTC per Share measures Bitcoin intensity and long-term equity upside. NAV accretion improves asset coverage. BTC Yield accretion increases Bitcoin per share. $MSTR $BTC

[Phong Le @phongle]

"We're the largest holder of Bitcoin in the world. We're the largest purchaser of Bitcoin in the world. And we'll continue to be". Watch my conversation with @CNBC @PowerLunch below.

00:00 — "We're net purchasers of Bitcoin." The 32 BTC sale helped inoculate the market, test our processes, and capture tax losses over time
1:47 — We balance the needs of our constituents: $MSTR and $STRC shareholders, $BTC hodlers, and debt holders
3:07 — Four-year cycles, macro volatility, geopolitical conflict, inflation uncertainty, Fed policy, Clarity
4:15 — Bitcoin is a hedge against inflation and big government
5:32 — Capital that rotates from $BTC to AI will come back to $BTC
6:42 — With clearer rules, every major bank is going to flood into $BTC and crypto
7:27 — Expanding financial-system access is good for Bitcoin

[Senator Cynthia Lummis @SenLummis]

Giving the digital asset industry the commonsense rules it needs to thrive isn't a Republican issue or a Democrat issue. It's an American competitiveness issue. Pass the Clarity Act.

[Phong Le @phongle]

Bitcoin is for everyone.

[Jeff Walton @PunterJeff]

People also thought $MSTR was dead in January of 2024 when the BTC ETF’s launched. “mNAV” fell below 1, “flywheel was broken”

Strategy proceeded to go on and acquire 655,256 Bitcoin since then.

$8B in capital > $52B in capital.

The strategy is refined, leverage is lower, the balance sheet is 6.5x larger, the dividends are being paid, capital machine is working just fine.

Excess Bitcoin risk is being pooled and shared in the capital markets, priced in real time, with TRANSPARENT balance sheets & frequent SEC filings.

STRC is not a stablecoin, it is a credit instrument. “Depegged” is not a thing, liquidation doesn’t exist, and margin is not calling.

The balance sheet is very healthy.

Bewilderment will continue, until morale improves.

[Chaitanya Jain @CJ_Bitcoin]

Stay humble and stack sats. $BTC

[Senator Cynthia Lummis @SenLummis]

Financial freedom is an American value. Digital assets are its newest expression. We should be the ones protecting it.

[Michael Saylor @saylor]

₿usiness is Good.

[Senator Cynthia Lummis @SenLummis]

I did not spend years on this issue to watch another country write the rules that govern the assets Americans invented. Let’s pass the Clarity Act.

[Phong Le @phongle]

This upgrade is designed to stabilize price, dampen cyclicality, drive liquidity, and grow demand for $STRC.

[Elon Musk @elonmusk]

That’s because fraud at scale takes time!

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

The GOAT strikes!

[Strategy @Strategy]

$STRC and $MSTR shareholders have approved the amendment to move $STRC dividends from monthly to semi-monthly. Under the new cadence, the first record date is June 30 and the first payment date is July 15. Thank you to every shareholder who voted.
https://t.co/98lMXWW4XF

[Michael Saylor @saylor]

$STRC and $MSTR shareholders have approved the amendment to move $STRC dividends from monthly to semi-monthly. Under the new cadence, the first record date is June 30 and the first payment date is July 15. Thank you to every shareholder who voted. https://t.co/3sIqqF3FCR

[Strategy @Strategy]

Strategy has acquired 1,550 BTC for $101 million to increase our $BTC Reserve to ₿845,256. We have also increased our USD Reserve by $100 million to $1.0 billion. $MSTR $STRC
https://t.co/94TmyRWVrs

[Mark Harvey @thepowerfulHRV]

$MSTR bought 1,550 BTC and now holds 845,256.

The purchases were funded via the common ATM.

Strategy also increased the USD reserve to $1 billion.

Market inoculated. ✅

[Michael Saylor @saylor]

Strategy has acquired 1,550 BTC for $101 million to increase our $BTC Reserve to ₿845,256. We have also increased our USD Reserve by $100 million to $1.0 billion. $MSTR $STRC https://t.co/1Zf1AVsP1H