Here's the part about @sizedotclub PreSeason nobody seems to be talking about enough: the leaderboard is LIVE.
Not tomorrow.
Not after the campaign.
Right now.
That means you can literally watch the competition develop in real time.
I went from:
“Let me just try this.”
to:
“Okay, how is that guy 200 places above me?”
in about 30 minutes.
😂
The XP system is actually pretty deep.
Different actions have different values.
Some repeat.
Trials matter.
Referrals matter.
And your final position is whatever the leaderboard says when the season locks.
So there's a very obvious incentive to start learning the system early.
The prize structure makes it even more interesting.
500 backed accounts.
$1K all the way up to $200K.
This is going to be a very different leaderboard by the time the season ends.
Strategy has changed how it treats its $BTC
The BTC stack is no longer purely something to hold forever. It can now be sold when the company needs cash for reserves, dividends, interest payments, or share buybacks
At current estimates, @MicroStrategy may need around $5B, equal to roughly 76K BTC:
• Up to $1.25B for cash reserves
• Around $1.76B for annual dividends and interest
• $2B for two share buyback programs
This is where things start to get uncomfortable
Strategy’s capital-raising machine is no longer running as smoothly as before. $STRC was designed to trade around $100 while paying holders a dividend, but it is now sitting near $89.5
To me, that discount reflects a weaker level of trust in Saylor’s strategy and the team’s ability to keep the structure working
Issuing more MSTR at a low valuation would only create another problem. More dilution today could hurt shareholders and make future fundraising even harder
Strategy used to sell stock to buy Bitcoin
Now it may have to sell Bitcoin just to keep the whole machine alive until the next halving 😆
Maybe CT was right after all: the market only finds a real bottom when uncle Saylor starts struggling 😂
Many investors underestimate dividends.
Reinvested consistently over decades, they become one of the biggest drivers of long-term returns.
Compounding is still the closest thing to financial magic.
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