Pedro

@halstonvalencia @MarylandHODL21 * Build Bitcoin’s future, don’t predict it * STRC becomes the core engine * Drop other prefs * Let $MSTR run → converts equitize (~433 / ~672) * End state: zero debt, pure amplification

815,061 BTC, 1M coming this year. The bitcoin bank is forming whether we’re ready for it or not.

@AdamBLiv @ticos1962 * Build Bitcoin’s future, don’t predict it * STRC becomes the core engine * Drop other prefs * Let $MSTR run → converts equitize (~433 / ~672) * End state: zero debt, pure amplification

🔥STRATEGY BUYS 34,164 BITCOIN FOR $2.5 BILLION🔥 34,164 potential future wholecoiners EVISCERATED in ONE WEEK. Breakdown of the buy: BTC purchased: 34,164 Total purchase size: about $2.54 billion Average purchase price: about $74,395 per BTC New total holdings: 815,061 BTC Total cost basis: about $61.56 billion Average cost basis on all holdings: about $75,527 per BTC BTC Yield YTD 2026: 9.5% How they funded it: STRC sold: 21,795,389 shares STRC gross proceeds: about $2.1795 billion STRC net proceeds: about $2.1763 billion MSTR common sold: 2,165,000 shares MSTR net proceeds: about $366.0 million Total net proceeds raised: about $2.5423 billion They are now over 815k BTC, which is an absolutely monstrous balance sheet. They used a mix of preferred capital + common equity issuance to keep feeding the Bitcoin engine. A 9.5% BTC Yield YTD tells the market this machine is still increasing Bitcoin exposure per share at scale. THIS IS GETTING INSANE.

@AdamBLiv @phongle @Strategy * Build Bitcoin’s future, don’t predict it * STRC becomes the core engine * Drop other prefs * Let $MSTR run → converts equitize (~433 / ~672) * End state: zero debt, pure amplification

@phongle @Strategy Incredible week. May will have an even better one :)

In one week, @Strategy increased BTC Gain by 82% to $4.97 billion for the year. This reflects the reflexive power of combining appreciating bitcoin (digital capital) with accretive financing (digital credit).

@phongle @TimKotzman @Strategy * Build Bitcoin’s future, don’t predict it * STRC becomes the core engine * Drop other prefs * Let $MSTR run → converts equitize (~433 / ~672) * End state: zero debt, pure amplification

@LizardWizardBTC The best way to predict Bitcoin’s future is to build it. That’s why Saylor was smiling last week. They should discontinue the other preferred stocks, let $MSTR go higher and the convertible debt equitize. Then they would have a zero debt balance sheet and amplification only.

Jesus

@saylor Not ₿ig enough, Sir!

Strategy has acquired 34,164 BTC for ~$2.54 billion at ~$74,395 per bitcoin and has achieved BTC Yield of 9.5% YTD 2026. As of 4/19/2026, we hodl 815,061 $BTC acquired for ~$61.56 billion at ~$75,527 per bitcoin. $MSTR $STRC strategy.com/press/strategy…

@PiusSprenger It’s not maybe, it’s 100% you. Haters will hate, no matter what…

Maybe it’s me, but something feels off here.

@JesseKobernick Andy mocked $STRC when it launched and dropped from $100 to $92 and even blocked me for pushing back with hard data. This is data pulled from today’s MSTR presentation. Keeps the haters and losers like Andy talking.

See Andy's post below. $STRC

@adamobrien Ahhhh, the self-custody maxis! Study @Anchorage work and stop tweeting this crap…

Saylor said bitcoin is safer in BlackRock and Fidelity than with self-custody holders. I disagree. BlackRock's custody is with Coinbase Prime. Coinbase Prime is a single point of failure for the largest bitcoin ETF in history. FTX was a regulated custodian. When will people learn...

@saylor Had I seen this tweet in 2020… 🤑

MicroStrategy Adopts #Bitcoin as Primary Treasury Reserve Asset. ir.microstrategy.com/news-releases/…

@saylor Strategy’s level of innovation is genuinely mind-blowing! Every earnings call and public presentation reinforces how proud I am to be a shareholder of the company! The future is very ₿right!

Strategy is proposing to pay semi-monthly dividends on $STRC, instead of monthly. No change to the annual dividend obligations or dividend rate. These proposed changes are intended to stabilize price, dampen cyclicality, drive liquidity, and grow demand.

@MasonFoard @clinkie44 Strategy’s level of innovation is genuinely mind-blowing! Every earnings call and public presentation reinforces how proud I am to be a shareholder! HIGHER!

Semi-monthly, meaning twice a month. Like a paycheck😉

@MayaPar25 These ignorant opinions are spreading like poisonous mushrooms this week.

Tell me you don’t understand how Bitcoin works, retard edition:

@MTanguma The keyword in “money market-like” is like. Just as “it’s like a bank paying 11.5%” doesn’t make it a bank. There are plenty of undercollateralized products and questionable coins out there, yet you’re focused on $STRC? Really?

2/ STRC is not a money market instrument. It's preferred equity with no claim on the Bitcoin. The company's own filing says the preferred securities are "not collateralized by the Company's bitcoin holdings." Calling it "money market-like" is misleading.

1/ We talked STRC on @OnrampBitcoin Last Trade pod this week. It's generating conversation. Great, here's a quick thread on what we discussed

@MTanguma @OnrampBitcoin I find it hilarious that these three "cold storage experts" think they’ve thought $STRC through better than Michael Saylor, Phong Le, and Strategy who backed it with 8-K filings, 100+ page disclosures, and scaled it to a $6.9B market cap in under nine months.

@CJ_Bitcoin @Strategy @diogomonica @nathanmccauley @SyzTheFuture

Who should join @Strategy’s Q1 earnings call as a guest for our live Q&A?

@RichardByworth @MTanguma Bingo. STRC is the trade you make when you understand BTC but can’t actually deal with its volatility.

@MTanguma Sorry, you are just not seeing it. For an eighty year retiree, they can believe in bitcoin but want to have a stable return for their remaining years with no stress. STRC covers that capital bucket well.

People are piling into STRC for 11% yield and calling it the smart bitcoin trade. It's not. It's the trade you make when you don't actually believe in bitcoin. This is the first time in history you have money that behaves like an equity instrument, reducing counterparty risk, and carries the upside of every asset class combined. Private credit, venture, growth equity, all of it, wrapped into one thing, BECAUSE we're in the monetization phase. That's the thing everyone misses: you get the downside protection of hard outside money with BTC, with the upside of every asset class you could dream of. We don't get this chance again. 11% keeps pace with inflation. Bitcoin outpaces it. Choose wisely. Full @OnrampBitcoin Last Trade ep below

@MTanguma Wrong. It’s the trade you make when you understand BTC but can’t actually deal with its underlying volatility.

@halstonvalencia @financialcnspr @bitcoinquant_ I agree. I get STRC and I find it an amazing product, but as an MSTR shareholder, I believe execution has been strong, but there’s a clear underemphasis on MSTR common stock during public appearances that should be corrected.

The preferred shareholders funding this aren’t getting bitcoin upside, $MSTR common holders are. 23,934 BTC so far this week, 760% of mined supply. If you believe in bitcoin, MSTR common is worth understanding.

@PiusSprenger @fiatphoenix Some people do not like the narrative part, therefore STRC is a scam. Got it!

@fiatphoenix And I don’t like the narrative part.

In an earlier post, I mentioned in connection with STRC that short sellers are “nasty” and highly effective sharks who smell weakness. Little did I know that just two days later, Coffeezilla—a well-known YouTuber focused on crypto scams—put out a lengthy piece about STRC. Coffeezilla isn’t a short seller, but it gives you a taste of what a short attack would look like—great narrative combined with good market timing. Hardcore Bitcoin supporters have attacked Coffeezilla’s video viciously. In my opinion, it raises valid concerns: $STRC is a stock—not a money market–like instrument—and Strategy isn’t a bank. It also criticizes the AI-generated advertising video the company released to attract retail investors. The more I watch the company’s hard-nosed marketing pitches, the more uneasy I get. Bitcoin doesn’t need sleazy marketing tactics or over-engineered financial products to succeed. It’s that simple.