Strategy has sold 3,588 $BTC for $216 million to fund dividends on our Digital Credit securities. As of 7/5/2026, we hodl ₿843,775 in our BTC Reserves and $2.55 billion in our USD Reserves. strategy.com/press/strategy-…

this must look like a death spiral if you’re retarded

Strategy has acquired 1,587 BTC for $100 million to increase our $BTC Reserve to ₿846,842. We have also increased our USD Reserve by $100 million to $1.1 billion. $MSTR $STRC strategy.com/press/strategy-…

I plan to read this tonight. My initial reaction is that if they increase STRC’s rate to 12%, price gravitates back towards par from current levels… the annualized return price point 12% is around $95.83… see below. While STRC isn’t fixed income, the demand dynamics should rhyme. Add in the bi-monthly payment initiation and the psychology of receiving roughly 0.5% of your capital every payout cycle… and this thing flies. Now imagine the Fed surprises with a cut this week, BTC takes off, and @saylor increases STRC’s rate to the magic 12%. Faces will absolutely melt. It might be enough to initiate the early stage of the Reflexive Equilibrium. At that point, STRC stops behaving like a traditional yield product and starts behaving like a capital conversion mechanism. New capital enters for the yield. That capital acquires BTC. Rising BTC prices improve the economics of the structure. Improved economics attract additional capital. The cycle begins reinforcing itself. STRC becomes BTC’s perpetual floor buyer. And with a constant bid supporting the structure, the floor continues to move higher and higher over time.

Bitcoin and crypto will make millionaires

Now it’s hard to see the Knicks winning another game.