Miggraf

Strive acquired an additional 32 $BTC for ~$2.1M at an average cost of ~$63,911 per bitcoin. $ASST $SATA

Every 4 years a bunch of bitcoin bears start screeching about how the asset is dying. They are wrong every time. Careful who you listen to.

Bitcoin is at a historically optimal level to go out the risk curve to the maximal degree. Strive ($ASST) has 62% amplification, an 18-month dividend reserve on $SATA, and zero encumbered $BTC. We could literally do nothing & not have to sell a single Bitcoin until the end of 2027. Have a great day and be greedy when others are fearful.

"It's just complete balance sheet mismanagement" Jeff Dorman on why Strategy is being forced to sell Bitcoin "The market was worried they weren't gonna be able to satisfy the dividend. So they raised about $2 billion and said now you don't have to worry for a year and a half because we have this $2 billion sitting on the balance sheet solely to pay dividends. Everyone breathes a sigh of relief" "Then a month later he takes 1.4 billion of that cash cushion and buys back some of his convertible debt at 92 cents on the dollar, completely the opposite of what he said the cash was for. He retired 2029 maturity debt, which doesn't come due for three more years" "Now that one and a half year cash cushion suddenly fell to four months. He comes out on Monday and says we're actually gonna sell some Bitcoin. It's teasing the market that that's the only choice he has now. That's why Bitcoin's imploding, that's why the stock is imploding"

Script-expanders are saying bitcoin would be more valuable if it was more flexible. Filter-proponents are saying bitcoin would be more valuable if it was tighter. Nobody I talk to in institutions is referencing either thing. They're talking about quantum risk or AI distraction. Same for retail outside of our bubble; they're in tech stock speculation land.