Greg Lawrence

Business owner, Bitcoin maxi, MSTR, Metaplanet, Smarter Web & DDC nut.

[Greg Lawrence @thegreglawrence]

@BTC_for_Freedom 😆😆😆😆😆

[Greg Lawrence @thegreglawrence]

@GimokuFounder I witness knock.knock.neo QE-20260604-1622-41EU — @thegreglawrence #GimokuWitness

[Greg Lawrence @thegreglawrence]

@bitcoinwell https://t.co/xBQn24PBVk.bitcoin

[Greg Lawrence @thegreglawrence]

@SimplyBitcoin bitcoin.scares.numpties

[Greg Lawrence @thegreglawrence]

@ZynxBTC Yes if Bitcoin isn't going to zero, the current price will always be a stepping stone to a higher price (over long term) ✨

[Greg Lawrence @thegreglawrence]

Great news, stealth-stacking Superteam, keep it up ✨

[ddcbtc @ddcbtc_]

When the market offers discounts, we lean in. 🟠

⚡ +BTC Acquired: 90 BTC
💰 Total Bitcoin Holdings: 2,804 BTC
📊 Average Cost per Bitcoin: $78,846
🚀 BTC Yield (YTD): 47.9%
₿ BTC per 1,000 Shares: 0.058945

#Bitcoin #BTC #BTCTreasury #DAT $DDC

[Adam O'Brien - bitcoinwell.com @adamobrien]

Bitcoin is back under $70,000, 45% off the ATH, ETFs have had eleven straight days of outflows, and Strategy sold bitcoin for the first time since 2022.

The headlines might be bad. But guess what?

- The supply cap is still 21 million
- The block time is still 10 minutes
- Nothing about the protocol changed today

Stack your cheap sats and go about your day 👍

[Greg Lawrence @thegreglawrence]

@SimplyBitcoin Is Bitcoin going to $0?
If the answer is no, then any price is just a stepping stone to $1m+

[Greg Lawrence @thegreglawrence]

Great post by Adam, I love that we're watching (and part of) a new financial paradigm. Strategy is going to be a behemoth ✨

[Adam Livingston @AdamBLiv]

MSTR's Scale Advantage Explained

Small companies can have insane percentage torque because they start from a tiny denominator.

Strategy has something else entirely.

That thing is CREDIT GRAVITY.

Strategy holds roughly 843k BTC.

Strive holds roughly 16,500 BTC.

That means Strategy has about 51x the Bitcoin stack.

Now normalize everything.

Same Bitcoin price, same BTC appreciation, same target credit ratio, same capital structure logic.

The question becomes brutally simple:

For every dollar Bitcoin goes up, how much new collateral value gets created?

Formula:

BTC NAV = BTC stack × BTC price

Credit capacity = Target claim ratio × BTC NAV

So incremental credit capacity from appreciation is:

New credit room = Target claim ratio × BTC stack × BTC price increase

That is where scale starts eating everyone alive.

If Bitcoin rises $10,000, Strategy’s stack gains about $8.4B of BTC NAV.

At a 36.8% senior-capital ratio, that creates about $3.1B of additional credit capacity.

Strive’s stack gains about $165M of BTC NAV.

At the same 36.8% ratio, that creates about $60.7M of credit capacity.

Same Bitcoin move. Same math.

Strategy gets $3.1B of balance-sheet ammunition.

Strive gets $60.7M. That is the scale premium.

Over 20 years, the gap becomes absurd.

Assume Bitcoin compounds at 22% annually.

Just the existing BTC stack appreciating.

At the same 36.8% claim ratio, Strategy’s current BTC pile would create roughly $1.16T of incremental credit capacity.

Strive’s current BTC pile would create roughly $22.7B.

That is a $1.14T difference created by scale alone.

Now add the flywheel.

Bitcoin appreciates, collateral value rises.

New credit capacity opens. Credit is issued.

Proceeds buy more Bitcoin.

The stack grows. The next Bitcoin move hits a larger stack.

Repeat for 20 years.

This is where Strategy stops looking like a stock and starts looking like a monetary gravity well with a ticker symbol.

The smaller treasury companies may deliver violent upside because the denominator is tiny.

That is real.

But Strategy owns the deepest collateral base, the largest credit surface area, the most institutional liquidity, and the biggest balance-sheet engine.

The market loves to obsess over share-price beta.

But you cannot ignore credit capacity!

Because in a Bitcoin treasury company, Bitcoin appreciation does more than raise NAV.

It expands the company’s ability to finance more Bitcoin.

And the company with 51x the BTC stack gets 51x the credit expansion from the same Bitcoin move.

That is Strategy’s long-term advantage.

Small players can sprint.

Strategy can compound into a sovereign-scale credit machine.

[Greg Lawrence @thegreglawrence]

Strategy will be the biggest company in the world ✨

[Adam Livingston @AdamBLiv]

MSTR from $149 to $14,368 dollars per share is BEARISH.

Assumptions:

$2B/month preferred issuance (they're already doing this)

11.5% preferred cost (they never lower the rate, lol)

30% BTC CAGR (power law CAGR)

1.32x CEBE mNAV (multiple NEVER expands)

Also, they NEVER issue common stock MSTR to buy more Bitcoin.

Start today:

843,738 BTC
573,757 common equity BTC
163,144 CEBE sats/share
$158.97 implied price

Year 14:

2,064,691 BTC
1,942,234 common equity BTC
374,504 CEBE sats/share
$14,368.51 implied price

That is 90.4x in the model.

Preferred balance goes from $15.5B to $351.5B.

Senior claims fall from 270K BTC to 122K BTC.

Claim ratio falls from 32.0% to 5.9%.

This means they have so much room to issue more credit given this Bitcoin growth rate.

Common equity BTC rises by 1.37M BTC.

CEBE sats/share rise 129.6%.

Shares rise 47.5%.

If the Bitcoin treasury compounds faster than the fiat claims, the capital structure becomes a machine that transfers residual Bitcoin exposure back to common equity.

This is Ownership Acceleration.

CEBE is the scoreboard.

Bullish Strategy.

See you in 2040:

[Greg Lawrence @thegreglawrence]

@SimplyBitcoin @elon knows Bitcoin is the interplanetary monetary system. It's part of the framework already built ✨

[Greg Lawrence @thegreglawrence]

@SimplyBitcoin Love it, think the triangle at top needs to be an order of magnitude or two smaller to give clearer impression✨

[Greg Lawrence @thegreglawrence]

Follow @bitcoinwell their posts are so clear. No messing, just Bitcoin truth ✨

[Bitcoin Well @bitcoinwell]

Bitcoin slipped out of the top 10 global assets by market cap this morning.

Above it on the chart this afternoon are Apple, Microsoft, Nvidia, Alphabet, Amazon, Saudi Aramco, Meta, Berkshire, Eli Lilly, TSMC. All private companies, not open sources software.

The protocol doesn't know it dropped in fiat denominated comparison charts.

Bitcoin issued the same 144 blocks today that it issued yesterday. The supply schedule didn't flinch. The hashrate was unefected. The only thing that moved is the dollar-denominated number on the chart.

Apple makes phones. Berkshire makes allocations. Silver makes hats. Bitcoin makes unchangeable records of value transfers.

A market cap ranking is a measurement of what other holders think a thing is worth right now, denominated in the unit those holders are trying to get away from. When the unit moves, the ranking moves. The thing being measured did not.

Bitcoin will return to the top 10 the same way it left. By doing what it does day in and day out. The protocol does not optimize for the leaderboard, it optimized for truth.

[Greg Lawrence @thegreglawrence]

@ZynxBTC There will be a lot of rapid blinking, swallowing and looking at the floor ✨

[Greg Lawrence @thegreglawrence]

The Superteam keep on stacking. Watch and learn ✨

[Andrew Webley @asjwebley]

A further 9 Bitcoin added to The Smarter Web Company treasury taking total Bitcoin held to 2,878 and quarter-to-date Bitcoin yield to 15.79%.

LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8

[Greg Lawrence @thegreglawrence]

I witness working.the.ui QE-20260528-1536-32B5 — @thegreglawrence #QuantumEchoWitness

[Greg Lawrence @thegreglawrence]

@ddcbtc_ Go go go Superteam, keep up the good work ✨

[Greg Lawrence @thegreglawrence]

@pete_rizzo_ Bitcoin is the monetary system for the stars. USD just won't cut it 😂✨

[Greg Lawrence @thegreglawrence]

@pete_rizzo_ Stands to reason - Bitcoin is the monetary system for the stars ✨

[Greg Lawrence @thegreglawrence]

I witness test.the.flow QE-20260527-1707-0XU5 — @thegreglawrence #QuantumEchoWitness