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

[tdtwedt]

MicroStrategy Suddenly Has a Tax Problem, and Needs Help From Trump’s IRS

After years of raising money through stock and debt offerings to buy bitcoin, MicroStrategy owns a stash worth about $47 billion, which includes $18 billion of unrealized gains. In an unusual twist, it could have to pay federal income taxes on those paper gains—even if it never sold a single bitcoin. The tax bill could total billions of dollars starting next year, according to a new disclosure this month by MicroStrategy that has received little attention.

https://archive.ph/ZpDqi

https://www.msn.com/en-us/money/markets ... r-AA1xN09u

[tdtwedt]

[tdtwedt]

Is Microstrategy a Ponzi scheme?



https://www.youtube.com/watch?v=Vs2_yXOZ0SE

https://www.zerohedge.com/news/2025-01- ... nzi-scheme

[shinnosuke]

Steve, Warren Buffett is old news. Michael Saylor is the guru now. Please spare 16.5 minutes and understand why by watching the video at the link below. I'll give you $100 in Bitcoin if you do. It's that good.

https://x.com/Vivek4real_/status/1867372921460863482

Steve, the offer is still good. When you send me a BTC address, I send you the BTC.

[tdtwedt]

MicroStrategy invents a new way to dilute shareholders with STRK

MicroStrategy (MSTR) Executive Chairman Michael Saylor has announced a number of ways to dilute his shareholders. On Monday, the company announced a brand new type of stock with an independent ticker symbol, STRK, that will conditionally convert into more shares of MSTR.

https://protos.com/microstrategy-invent ... with-strk/

[shinnosuke]

Hey, Steve. Looks like the Norwegians love Microstrategy.

IMG_2852.jpeg (347.25 KiB) Viewed 8746 times

[shinnosuke]

https://www.microstrategy.com/press/mic ... 01-31-2025

Well, would you look at that! Oversubscribed.

Michael Saylor
@saylor

MicroStrategy announces pricing of its Strike Preferred Stock ($STRK) Offering and upsizes the deal from $250M to $584M $MSTR

[tdtwedt]

Is MicroStrategy’s $563M STRK really oversubscribed?

In its press release, MicroStrategy admits that it intends to settle a public offering of 8% dividend-yielding stock with a liquidation preference of $100 per share, yet it offered those shares at $80 apiece. In other words, the company didn’t have enough demand to sell that quantity at $85, $90, or $95 per share.

https://protos.com/is-microstrategys-56 ... ubscribed/

[shinnosuke]

Preston Pysh
@PrestonPysh
Maybe Microsoft should have given @saylor more than 3 minutes.

Imagine being a large cap tech company and thinking you can outperform Bitcoin’s hurdle rate…lol

[tdtwedt]

MSTR hit a high of $543 in November 2024.

3 months later it is $335.

https://www.cnbc.com/quotes/MSTR


Microsoft hit a high of $468 in December and now only down to $415 today.

https://www.cnbc.com/quotes/MSFT

[tdtwedt]

NO BITCOIN ACQUIRED BY MICROSTRATEGY INC. FROM JAN 27 TO FEB 2, 2025: FILING

https://x.com/DeItaone/status/1886399787412389935

[shinnosuke]

LOL!!!

Microstrategy has changed its name to Strategy. Just Strategy followed by a Bitcoin B.

https://store.strategy.com

[tdtwedt]

Price is down on the news...

https://www.cnbc.com/quotes/MSTR

[tdtwedt]

>$1bn loss in 2024

cash per year-end was a mere $38m

https://x.com/tmnxeq/status/1887251847884222617

[tdtwedt]

Michael Saylor’s Strategy makes up metrics to explain MSTR dilution

In a daisy chain of financial complexity, Strategy has managed to dilute shareholders by focusing on abstract financial models that focus on the quantity of bitcoin (BTC) per share rather than the reason for that quantity.

The more time investors spend doing calculations and forecasts, the less time they have left to ponder the source of the data itself.

https://protos.com/michael-saylors-stra ... -dilution/

[shinnosuke]

Bitcoin Archive
@BTC_Archive
JUST IN: MicroStrategy breaks $50 BILLION market cap and is now worth more than Ford Motor Company.

Ford has lost ~60% of its market cap since 2022 and holds $26 BILLION in cash, about 65% of its total market cap!

The "melting ice cube" of cash holdings, eroded by inflation year after year.

This is what Michael Saylor feared for his company when he decided to buy #Bitcoin in 2020.

MicroStrategy's market cap is UP ~45x since then.

Get some Bitcoin @Ford

Ford Strategy.png (670.23 KiB) Viewed 6516 times

[tdtwedt]

MSTR hit a high of $543 in November 2024.

3 months later it is $335.

https://www.cnbc.com/quotes/MSTR

[shinnosuke]

Steve, how should we interpret this news?

Ben Werkman says:
There is a very strong group of shareholders who added more than 1 Million shares to their $MSTR holdings in Q4 2024.

- UBS Group AG
- Cantor Fitzgerald L.P.
- Clear Street Derivatives LLC
- Bank of Montreal
- Norges Bank
- National Bank of Canada
- BlackRock, Inc.

[tdtwedt]

MicroStrategy Halts Bitcoin Purchase & Shares Sale

In a press release, MicroStrategy revealed that it didn’t buy any Bitcoin or sell any shares of its class A common stock under its at-the-market equity offering program last week. This is out of character, considering that Michael Saylor’s company has bought Bitcoin in thirteen out of the last fourteen weeks.

https://coingape.com/microstrategy-halt ... 0-btc/amp/