Hey Recyclersteve, MSTR of no interest to you?

[shinnosuke]

Announced this morning:

Michael Saylor
@saylor
MicroStrategy has acquired 11,000 BTC for ~$1.1 billion at ~$101,191 per bitcoin and has achieved BTC Yield of 1.69% YTD 2025. As of 1/20/2025, we hodl 461,000 $BTC acquired for ~$29.3 billion at ~$63,610 per bitcoin. $MSTR

[tdtwedt]

Cost basis per Bitcoin at MSTR now 63.6K...

What happens when Bitcoin crashes again?

[shinnosuke]

Rob HODLs
@RHodls

I’m sitting here and can’t shake the thought…

“Holy crap, $MSTR really is going to own at least >1/16 of everything…1/16 of all the money in the world” (accounting for lost coins and satoshis wallet)

If the Mag 7 don’t buy BTC soon, I expect @saylor will be buying them with a rounding error of BTC in a hyperbitcoinized world.

As the saying goes, “EVERYTHING trends to zero vs. Bitcoin”.

$MSTR is going to have so much future money that they will transition from a treasury operations business to buying / financing the largest companies and governments.

@saylor will be the next Rockefeller.

BTW, call me moonboi sure.

But bitcoin is going up forever - Number go up technology.

$MSTR’s stack is going up forever. Number go up technology (treasury operations / BTC yield) on top of number go up tech.

They are literally number go up ^ 2.

Mind blowing
1:29 PM · Jan 21, 2025 <end quote>

shinnosuke says: 15 years ago Bitcoin cost zero dollars. Now it's $100k.

[tdtwedt]

SEC investigation

In March 2000, the U.S. Securities and Exchange Commission (SEC) brought charges against Saylor and two other MicroStrategy executives for the company's inaccurate reporting of financial results for the preceding two years.[25] In December 2000, Saylor settled with the SEC without admitting wrongdoing by paying $350,000 in penalties and a personal disgorgement of $8.3 million.[26][27][28] As a result of the restatement of results, the company's stock declined in value and Saylor's net worth fell by $6 billion.

https://en.wikipedia.org/wiki/Michael_J._Saylor