BTC Denominated

@AdamBLiv @CEBETracker Schwab’s Equity Rating is an “F” for ASST…I’m up 85%. I should take a screenshot of it, wait a year and then send it to Schwab’s customer service with a suggestion that they reevaluate their decision-making paradigm.

Love the @CEBETracker framework.

ASST Stock Price Projections The main reason I bought ASST shares and call options in February is because the balance sheet was set up to be amazingly resilient and they could service the dividends on SATA easily for 2 years, and the opening for an entry for a levered bet on Bitcoin was phenomenal. - discounted to Bitcoin NAV - near 50% BTC amplification - approved ATM facility - SATA still maturing - almost zero debt - simple/clean structure Was an obvious buy. OTM call options returns looked like an amazing value when I just looked at the forward 12-24 month returns of Bitcoin after 40-50% drawdowns throughout history. ASST still looks violently mispriced if Bitcoin simply reverts back to the power law trendline. Yes... that is an IF. Just like all models. I'm confident we'll see a return to trend AT LEAST in the next couple years with all of the amazing catalysts for the asset. You don't have to be bullish like me. Have fun staying poor. Now: I ran a CEBE-based scenario map using Strive’s current balance sheet, then layered in two additional cases where BTC Yield keeps compounding through SATA issuance with zero common dilution. Here’s what falls out: Current ASST price: $15.85 EOY 2026, BTC at $200k, no added BTC: $34.62 to $69.24 EOY 2026, BTC at $200k, annualized BTC Yield via SATA: $38.29 to $76.58 EOY 2027, BTC at $275k, no added BTC: $49.19 to $98.38 EOY 2027, BTC at $275k, annualized BTC Yield continues: $61.64 to $123.29 If ASST simply holds today’s approximate 1.46x CEBE multiple, the model lands around: $50.60 by end of 2026 on the current balance sheet $55.97 by end of 2026 with annualized BTC Yield $71.90 by end of 2027 on the current balance sheet $90.11 by end of 2027 with continued BTC Yield To be clear: I think it's entirely possible they add more Bitcoin than this scenario. Do I know they will? Nope. But these are staggering returns requiring zero Bitcoin bull markets by historical standards. Why this works: CEBE strips away the fairy dust and asks one question: How much Bitcoin is actually left for common shareholders after senior claims are accounted for? That matters because as BTC rises: the company’s BTC stack gets repriced upward debt and preferred claims stay fixed in dollars those fixed fiat claims shrink in BTC terms common equity captures more of the upside That is the entire game. With ASST’s current structure, the stock already has a lot of embedded torque. If they continue using SATA to acquire more BTC without issuing more common, that torque gets even stronger because common shareholders are effectively sitting behind a growing Bitcoin reserve while the denominator stays clean. The beauty here is that the upside does not require some insane meme-stock premium. It just requires: Bitcoin to move toward the power law management to keep compounding BTC per share intelligently common dilution to stay restrained the market to eventually price the common on its true Bitcoin exposure The market still looks at some of these treasury companies like they’re weird little financial science experiments. They’re not. They’re machines for converting fixed fiat liabilities into asymmetric common equity upside through Bitcoin repricing. If BTC hits $200k in 2026 and $275k in 2027, ASST starts looking less like a sleepy small cap and more like a compressed spring with a flamethrower attached to it. CEBE makes the whole thing easier to see: today’s structure already has upside continued BTC Yield makes it much nastier the stock price path gets silly fast if Bitcoin cooperates This is what happens when Wall Street keeps valuing a Bitcoin torque vehicle like it’s a normal stock.

@HodlFlorida @Brady850nm @pastorcoin Happy to share what I’ve learned through this ongoing process.

@BTC_Denominated @Brady850nm @pastorcoin Nice! I haven’t even talked to my church about this.

#10 Pastor Coin - The Bible & Bitcoin | Christianity ⁦@pastorcoin⁩ ⁦⁦@HodlFlorida⁩ youtube.com/watch?v=ExMxAy…

@HodlFlorida @Brady850nm @pastorcoin Hey Vince, I talked to my church leadership already, would love to compare notes. I’m in Orlando area.

@Brady850nm @pastorcoin I haven’t yet 😬 I want to though. But now we go to a different bigger church

@umbrel Or you are still in the Stone Age because you can’t get @umbrel to answer a month old support request on the non-functional hardware.

the thing nobody tells you about self-hosting is how quickly it becomes a lifestyle. you start with one thing like maybe photos, maybe bitcoin node, maybe a media server and three weeks later you're running a password manager, a notes app, DNS-level ad blocking, and an openclaw instance and you genuinely can't remember how you functioned before

@firefish_io That was well thought out and keenly presented. Happy April 1st.

@umbrel Can you respond or at least acknowledge my support request from last week?

something people don't think about: a home server grows with you. buy it today with 2TB. next year, add storage. the year after, new apps exist that don't today. it's not just "cloud" that you replace, but infrastructure that compounds. the longer you own it, the more it does, and the more indispensable it becomes.

@AdamBLiv Never in my life have I enjoyed having someone yell at me until @AdamBLiv 😂

🔥BREAKING: SAYLOR + STRATEGY DESTROYING THE MAG 7 IN CAPITAL ABSORPTION🔥 $572 MILLION RAISED IN ONE DAY?!? THAT IS MORE THAN GOOGLE, APPLE, MICROSOFT, TESLA, META, AMAZON, AND NVIDIA'S AVERAGE PROFIT PER TRADING DAY. THE MSTR/STRC COMBO IS GOING TO EAT THE ENTIRE WORLD. THIS IS THE BIGGEST STORY IN FINANCE. THE BITCOIN SINGULARITY IS HERE:

@WalkerAmerica @BTCsessions @PeterSchiff @titcoinpodcast Not following the old-man-that-yells-at-Bitcoin out of principle, but I might have to now with a track record like that!

If you bought $1 of Bitcoin every time @PeterSchiff tweeted about Bitcoin (p~1,836 times since 2013), you'd have ~0.174 BTC today — cost basis $1,836, current value ~$11,500 (at ~$66,000/BTC), for a ~525% gain. If you bought $1 of gold instead every time he tweeted about Bitcoin, you'd have ~0.45 oz — cost basis still $1,836, current value ~$2,300–$2,400 (at ~$5,070/oz), for a ~25–35% gain. Thank you for your attention to this matter.

@CryptoSavy1 When will that happen?

@BTC_Denominated 2hen the lenders force payback, because they dont have the equity to cover shit lol

🌟JUST IN🌟 GROK verifies that SAYLOR and $STRATEGY is losing its ASS 😮😮

@willreeves @BuyTheDip71 My spouse and I agree that we prefer the old app.

@BuyTheDip71 The wheel is still there

So it’s only fitting my last spin ever on the @fold wheel was for 5 sats. When the cc and when the fold + reimbursement? @willreeves

@CryptoSavy1 We shall see

@CryptoSavy1 Craig love your analysis on BTC.Maybe I’m missing something but strenuously disagree on your timeframe for MSTR’s demise.According to Grok they have 32 months of cash without selling any BTC.Do a simple query-not hard. Think some bank is going margin call MSTR?

(Strategy) #MSTR (MicroStrategy) may just fail Today! or it waits a couple months, but no matter what....it's not gonna be pretty.

@AdamBLiv @saylor Thanks for the helpful tip on Arkham, @AdamBLiv I don’t trust the Big Four, years ago I worked for one. Later, while in the HF business lived through Enron, Worldcom and others till Madoff blew up my clients and indirectly my biz. I will trust my node and the BTC blockchain.

@BTC_Denominated @saylor You don't. You can either trust Saylor, trust the Big 4 audits, or you can trust Arkham who has located the MSTR wallets. If you don't want to accept counterparty risk, you hold Bitcoin. This isn't rocket science.

We buy real bitcoin. We audit our custodians. We don’t rehypothecate. You shouldn’t either.

@ShamanSats @fold_app @SteaknShake Did it today, @fold_app + @SteaknShake !!!

Bitcoin Alchemy at @SteaknShake using your @fold_app Step 1: Buy ₿itcoin gift card at Fold to get 10% back in ₿itcoin Step 2: Buy ₿itcoin burgers 🍔 and fries cooked in beef tallow Step 3: Get $5 back in ₿itcoin Step 4: Redeem your ₿itcoin Bitcoin mining is hard, eating burgers and collecting Bitcoin is not!

@AdamBLiv @saylor How do we verify this aside from what the 10K and 10Qs say?

@saylor REAL BITCOIN ONLY. THERE IS NO SECOND BEST.

@CryptoSavy1 @BTC_for_Freedom @saylor Maybe that was the case for Saylor, I don’t know, but it’s not always true. Do you still believe that MSTR is publishing fraudulent financials and that they are subject to liquidation due to margin loans which are hidden or obfuscated in their financials?

@BTC_Denominated @BTC_for_Freedom @saylor If you settle for something its because your not innocent

Saylor is eating everyone's lunch while no one is paying attention.

@CryptoSavy1 @BTC_for_Freedom @saylor I didn’t know that, thanks for sharing that important info. I did use Grok to look it up. There was an accusation in the dot com era similar to what you described with the SEC, a settlement and no admission of fraud. You say he was convicted though?

@BTC_Denominated @BTC_for_Freedom @saylor You do lno theat saylor has been convicted of fraud and cooking books before right?

@CryptoSavy1 @BTC_for_Freedom @saylor So it's not margin loans then? It's a stock price drop that will create the bankruptcy? Here's the link to the their financials I'm looking at... sec.gov/Archives/edgar…

@BTC_Denominated @BTC_for_Freedom @saylor When btc price drops their stovk drops harder, they will hit a stock price level that will gor them yo panic sell and their share holdwrs will be selling off so fast it will destroy them

@CryptoSavy1 @BTC_for_Freedom @saylor I went to EDGAR on the Securities and Exchange Commission website and downloaded MSTR 3rd Quarter 10Q. The official record of MSTR financials. The financials state that the funding came from various convertible debt and preferred stock issuance, not margin loans. No AI.

@BTC_Denominated @BTC_for_Freedom @saylor Where the hell do you think hes g3tting the money?? 🤣🤣 he is all leverage and over leveraged, its a gamble ...pmg wherr are you getting info.. lol a simple question to ai will break it down for you

@CryptoSavy1 @BTC_for_Freedom @saylor Wow, so their financials filed with the SEC are fake? All these convertible debt offerings with no payments due till 2028 and the preferred offerings with no principal due (ever) are faux and they are really margin loans that will be triggered when BTC drops?

@BTC_Denominated @BTC_for_Freedom @saylor Absolutely