Pepperoni Software

Matthew Monkan, Bitcoin Treasury Company CEO

[Pepperoni Software @pepperonisoft]

As of August 31, 2025, Pepperoni Software has sold 17.6 bitcoins for $1,918,400 in USDC at an average price of ~$109,000 per #bitcoin . #cryptocurrency #usdc #software #btc

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[Pepperoni Software @pepperonisoft]

Boring conference, 3 hours here was enough 🥱. #btcprague

[Alex Bragin @BraginRights]

Here is the answer on stage of @BTCPrague why Michael @saylor sold 32 BTC

[Pepperoni Software @pepperonisoft]

@saylor Where/when is this speech?

[Pepperoni Software @pepperonisoft]

@TheBitcoinConf @CharlesSchwab Calm down.

[Michael Saylor @saylor]

Let me recap the earnings call. $MSTR

[Financelot @FinanceLancelot]

If I snorted this much cocaine I'd be dead.

[LevFinor @LevFinor]

@comic @hillery_dan "$STRC puts $SPY out of business..."

[Pepperoni Software @pepperonisoft]

@TheBitcoinConf Can you please only report on your Bitcoin conferences and nothing else. Especially the bull posting in bear markets.

[Pepperoni Software @pepperonisoft]

Yeah, I agree he and many others were unusually confident $60k was a macro bottom, same with the sentiment at Bitcoin conferences we attended, so our Bitcoin Treasury company took it as a signal to avoid buying back for now since selling all of our BTC at $109,000 per coin last year.

https://t.co/2JMtO55HYL

[_Checkmate 🟠🔑⚡☢️🛢️ @_Checkmatey_]

@ShiriW112140 @_checkonchain No, same thesis.

Bottom formation commenced at 60k, and it is a process

[Pepperoni Software @pepperonisoft]

We attend a minimum of 4+ Bitcoin conferences yearly to gauge public sentiment outside the X feed. In Bitcoin 2026 Las Vegas, the overwhelming sentiment was the bottom is in and new ATH in 2026, so we continued to delay buying back. In Bitcoin Hong Kong 2025, we noticed too many "Bitcoin Treasury companies" hoarding Bitcoin at average prices of $115k+, so we sold 100% of our stack and have been averaging 5% yield lending our USDC against 2x collateral requirements - while others are 50% underwater on BTC and/or given up their strategies.

We carry zero debt. Are we doing things right?

Also grabbed this free hat from the STRC booth at Bitcoin 2026 since we think it will be a scarce asset years from now 😉.

[PassiveAggressiveIncome @indexnforgetit]

Hate to burst your bitcoin bubble...

[Pepperoni Software @pepperonisoft]

@adam3us Who is Adam Back

[Pepperoni Software @pepperonisoft]

@TheBitcoinConf @saylor @Strategy Calm down.

[Pepperoni Software @pepperonisoft]

@ZynxBTC Bitcoin already went parabolic and had its time in 2024, then gold soon after. Now it's stocks - just the usual rotation of capital.

[Pepperoni Software @pepperonisoft]

@BigpictureBTC @Strategy Time for 11.75% dividends😆. Strategy's Blackberry moment.

[Pepperoni Software @pepperonisoft]

@TheBTCTherapist @Giovann35084111 Well, your first three sentences are incorrect. Nothing to think about here.