Hopper

$100 → $40,000 → $0 → $1,000,000

believe in yourself.

[Hopper @zeroXhope]

🚨 S&P 500 MAX DRAWDOWN IN EVERY MIDTERM ELECTION YEAR:

1962: -28.0%
1966: -22.2%
1970: -36.1%
1974: -48.2%
1978: -14.1%
1982: -27.1%
1986: -9.4%
1990: -19.9%
1994: -8.9%
1998: -19.3%
2002: -33.8%
2006: -7.7%
2010: -16.0%
2014: -7.4%
2018: -10.2%
2022: -25.4%

NOT A SINGLE POSITIVE RETURN IN 60 YEARS

2026 WON'T BE DIFFERENT

[Hopper @zeroXhope]

Saylor’s liquidation price is at ~$45k

[Hopper @zeroXhope]

@Savdini @phishery exactly

[Hopper @zeroXhope]

Saylor’s liquidation price is at ~$45k

[Hopper @zeroXhope]

@phishery why he sold last week then if the situation that bright and long lasting?

[Hopper @zeroXhope]

The strategy's whole game is the mNAV premium

Investors paying more than $1 for every $1 of $BTC on the balance sheet

At peak it was 2.8x
Today it's 1.2x

That premium is what lets Saylor raise cheap capital, buy more BTC, and repeat

MSTR shares are already down 66% from their 52-week high

At current prices, ATM share issuance generates far less capital per share than it did 6 months ago

If BTC drops to $40K-50K levels, MSTR will be trading at pure NAV with no premium

The capital raise machine stops
$7B+ in obligations is still sitting there maturing every year

That's the real breakpoint and whole model collapse

[Hopper @zeroXhope]

Saylor’s liquidation price is at ~$45k

[Hopper @zeroXhope]

Only one question: who’s the exit liquidity?

[Hopper @zeroXhope]

Only one question: who’s the exit liquidity?

[Hopper @zeroXhope]

🚨 S&P 500 MAX DRAWDOWN IN EVERY MIDTERM ELECTION YEAR:

1962: -28.0%
1966: -22.2%
1970: -36.1%
1974: -48.2%
1978: -14.1%
1982: -27.1%
1986: -9.4%
1990: -19.9%
1994: -8.9%
1998: -19.3%
2002: -33.8%
2006: -7.7%
2010: -16.0%
2014: -7.4%
2018: -10.2%
2022: -25.4%

NOT A SINGLE POSITIVE RETURN IN 60 YEARS

2026 WON'T BE DIFFERENT

[Hopper @zeroXhope]

🚨 S&P 500 MAX DRAWDOWN IN EVERY MIDTERM ELECTION YEAR:

1962: -28.0%
1966: -22.2%
1970: -36.1%
1974: -48.2%
1978: -14.1%
1982: -27.1%
1986: -9.4%
1990: -19.9%
1994: -8.9%
1998: -19.3%
2002: -33.8%
2006: -7.7%
2010: -16.0%
2014: -7.4%
2018: -10.2%
2022: -25.4%

NOT A SINGLE POSITIVE RETURN IN 60 YEARS

2026 WON'T BE DIFFERENT

[Hopper @zeroXhope]

@Big_Aruta001 please take a look at how Hyperliquid team treats project funding

[Hopper @zeroXhope]

🚨 VITALIK DEFINITELY KNOWS SOMETHING

HE SOLD OVER 20,000 $ETH THIS YEAR AT ~$2K AVG ($40M)

HE'S BEEN SELLING NONSTOP FOR THE PAST FEW YEARS WHILE $ETH STAGNATED

IF THE FOUNDER DOESN'T BELIEVE IN HIS OWN PRODUCT...

[Hopper @zeroXhope]

@cosmic_marvel

[Hopper @zeroXhope]

@cosmic_marvel

[Hopper @zeroXhope]

@DiscussingFilm

[Hopper @zeroXhope]

@leshka_eth I always thought symbiotic is one of few goats in defi, they really improving this space with innovation

[Hopper @zeroXhope]

@cosmic_marvel

[Hopper @zeroXhope]

@cosmic_marvel

[Hopper @zeroXhope]

@cosmic_marvel

[Hopper @zeroXhope]

@DiscussingFilm

[Hopper @zeroXhope]

@DiscussingFilm