₿itcoin Standard 🇺🇸 🇧🇷
- Tweets 13,453
- Following 702
- Followers 1,567
- Likes 17,612
Pinned Tweet
People will be out spreading FUD on the next cycle as well.
Just another day in the office
5
4
32
2,757
Debating whether I should skip living under a roof for a year so I can use my sick touch screen under the nearest bridge… or should I call it home? 🤣
1
38
₿TC Strategist ⚡️ retweeted
$STRC upgrades:
✅ USD Reserve (Dec'25)
✅ Active buybacks (Jun'26)
✅ Daily dividends (Oct'26)
5
20
331
6,049
Now the real test begins. Let’s see how easy $STRC reclaims and maintains $100 par.
I’m curious to see how $STRC trades over the next few days.
Par is coming, but will it hold consistently right away or take a bit? That’s my only question. I suspect many retail holders scared by the huge drop months ago will cash out once it hits par.
Not sure how that would affect the price short-term, but many people and institutions are probably waiting for $STRC to trade within pennies from par consistently before allocating money into it.
This will be a volatile week for $MSTR and its prefs. Enjoy the rollercoaster ride ⚡️
9
298
No surprise here. They run but they can’t hide away from the fact their current path is unsustainable with bond yields remaining high.
53
I said this yesterday and now I’m curious to see how $STRC trades from here on out.
At the time of this post it trades 13 cents from par and I believe this range is where the real test begins. I’m curious to see if there’ll be a lot of pressure down in price before it reaches par or if it’ll rip through it and activate the ATM today.
Earnings for $MSTR happen tomorrow at 5 p.m, I’m staying tuned!
1
5
400
Grant right now, even though it’s a free bet in my eyes 🤣
Bitcoin will never break its all-time high again." — Jason Calacanis
Jason, I'll bet you $1,000,000 it will break its ATH. Here are the terms:
Bitcoin hits or exceeds $126,210.50 on or before October 28, 2028, 12PM PST
I’m happy to trust you to pay or if you prefer we can each escrow the dollars with independent party.
The bet is either settled when Bitcoin hits the ATH or on October 28, 2028.
@jason Do we have a bet?
1
1
92
₿TC Strategist ⚡️ retweeted
$1 in $BTC in July 2010 vs. everything else.
16 years of data, side by side 👇
Average annual return since July 2010:
🟠 Bitcoin: +132.8%
🔵 Nasdaq 100: +19.7%
🟢 S&P 500: +14.9%
🟡 Gold: +7.4%
🔴 Cash: −2.7% a year in buying power
The tradeoff is volatility:
📉 Bitcoin moves about 6x more than the S&P 500
📉 Drawdowns of 93% in 2011 and 77% in 2022
📉 Its longest recovery to a new high took 3.2 years
Early prices came from very thin markets, so here are later starting points:
📅 Since 2017: +56.5% a year
📅 Since 2020: +42.6% a year
Takeaway: even after accounting for that risk, bitcoin led from every starting point, though the lead narrows the later you start. Cash lost purchasing power in every window.
1
1
2
187
Be careful who you listen to online, including me.
If you're only investing because someone told you to, you would've cashed out in 2018 and missed the gains up to $80K.
It wasn't a smooth ride, but $BTC returns since this post have been outstanding.
Bitcoin has been “dying” since inception.
#bitcoinzero is still the likely case (60-70%)
if you own #bitcoin, understand it's a highly manipulated currency, with no rules or regulations.... if you didn't get in early, you're the sucker at the table.
$3,700.... ouch.
2
1
5
277
I’m curious to see how $STRC trades over the next few days.
Par is coming, but will it hold consistently right away or take a bit? That’s my only question. I suspect many retail holders scared by the huge drop months ago will cash out once it hits par.
Not sure how that would affect the price short-term, but many people and institutions are probably waiting for $STRC to trade within pennies from par consistently before allocating money into it.
This will be a volatile week for $MSTR and its prefs. Enjoy the rollercoaster ride ⚡️
If approved, $STRC will start paying daily dividends one week from today. It will be the first global security with calendar day accruals, paving the way for the digital transformation of capital markets.
5
19
1,371
Ain’t this a true statement 🥶
The team at $ASST have shown just how badly so many other companies fumbled the Bitcoin Treasury opportunity.
In just over a year, they’ve gone from a ~$500M company to a ~$3.5B company and are 1,000 BTC away from becoming the second-largest BTC-TC in the world
Quite incredible.
1
212
Monday update ☕️
Sats per $MSTR share, Aug 2020 vs now.
> I'm tracking this with CEBE (Common Equity Bitcoin Exposure), a framework created by @chcbearsfan and published by @CEBETracker. It counts the BTC per share left for common holders after debt and preferreds. I applied it to Strategy's SEC filings to break down where the gains came from.
>
> Aug 2020: 22,149 sats per share
> Oct 25, 2026: 156,435 sats per share
>
> That's +134,286 sats per share. Where it came from:
>
> 🟢 Selling $MSTR stock above its value: +121,676
> ⚪ Cash and other: +19,316, mostly turning the 2020 treasury cash into BTC
> 🔵 BTC's price: +2,167
> 🔴 Preferreds incl. dividends: −8,873
> So far the preferreds have been a cost. They pay off only if BTC grows faster than the dividends.
> What sits ahead of common today: each share holds 200,946 sats of BTC. Debt claims 19,980, preferreds claim 39,537, and USD cash adds back 15,006. That leaves 156,435 for common, so about 22% of the BTC is spoken for, net of cash. That's today's claim. The −8,873 above is what the preferreds have cost common since 2020.
> This week's 8-K: no BTC bought and no ATM sales. Strategy bought back 2.07M $STRC shares for $204.9M in cash, retiring $206.8M of face value. That's +6 sats per share and about $25M less in yearly dividends. The trade-off: USD Cash fell from $447M to $242M, and that money didn't buy BTC.
> Cash on hand is $5.07B, the $4.83B USD Reserve plus $242M of USD Cash. That covers about 40 months (3.4 years) of dividends plus interest at $1.51B a year, assuming $STRC stays at 12% (the rate resets monthly).
> $MSTR is $144.40 this morning (−1.1%), about 1.14x its CEBE value, close to the 1.15x @CEBETracker showed at Friday's close. At that premium, new stock sales barely add to CEBE and lower raw BTC per share.
> Earnings Oct 29. Watching. 📊
> Credits: CEBE framework by @chcbearsfan. Data via CEBE Tracker, cebetracker.io. Holdings and cash from Strategy's SEC filings and strategy.com. BTC price from CoinGecko. Sources in the reply 👇
> NFA. I hold $BTC and $MSTR.
6
3
26
1,906
Sources:
> Strategy 8-K, Oct 26: sec.gov/Archives/edgar/data/…
> Strategy press release: strategy.com/press/strategy-…
> Strategy dashboard: strategy.com/
> Strategy debt page: strategy.com/debt
> CEBE Tracker (framework by @chcbearsfan): cebetracker.io/company/MSTR/
> CEBE method: cebetracker.io/methodology/
> @CEBETracker update:
> All Strategy filings: sec.gov/cgi-bin/browse-edgar…
> BTC price: coingecko.com/en/coins/bitco…
> MSTR quote: nasdaq.com/market-activity/s… x.com/CEBETracker/status/211…
Strategy (MSTR) retired $206.8M of STRC at liquidation preference, paid from cash, filed today (8-K).
CEBE 157,500 to 156,436 sats per share. The buyback added 6 sats; bitcoin's price move took off 1,070.
Senior Claims 22.15%.
cebetracker.io/company/MSTR/
6
106