BU

$1.56 billion of liquidity. One-cent market. Closed at par. $STRC

For those of you who don't fully grasp the MAGNITUDE of what is happening with STRC and Bitcoin right now... let me spell it out for you. Strategy has likely already acquired ~4,000 Bitcoin or so in the first half hour of trading today, assuming last week's capture rate above $100. Let's take that as $302 million in cash. This is money that NEVER has to be paid back, because it isn't debt. Take $302 million and apply a 25% CAGR (this is considerably LESS than the Bitcoin Power Law... just to be CONSERVATIVE). After a decade this is $2.8 BILLION. For that decade, Saylor has to pay a dividend. It's an 11.5% dividend right now, but it'll probably drop as the perceived risk profile drops the larger the Bitcoin hoard gets. But remember, just to be CONSERVATIVE, let's keep the 11.5% number. That means over the decade that is $347.3 million in dividend payments. The dividend amount is FIXED in DEPRECIATING FIAT and the Bitcoin acquired is APPRECIATING. Over a decade, that is $2.5 BILLION CAPTURED. From HALF an HOUR of trading. Saylor is giving the way out to the fixed investors earning 3% by lending to governments that are going insolvent. This is the biggest pool of capital on EARTH, straight into Bitcoin. You are early still. But you won't be for long. It would be a REAL SHAME if the entire world found about this... THIS IS THE BITCOIN SINGULARITY.

Unpopular take: Bitcoin won't break its previous ATH for 3-5 years

45,387 BTC have been produced so far in 2026. Strategy has purchased 108,397 bitcoin YTD. 138% of new supply.

I’ve spent a decade telling people to do what I do: "Buy and Hold." Now I've decided to list my entire real estate portfolio for sale and walk away. It started slow. The bills, the maintenance, the tax increases... but the final straw was when I tried to develop an ADU to do exactly what the city of LA claims it wants investors like me to do: Create more housing. You'd think they'd make it easier, but after two delayed inspections, a sewer pipe replacement that needed 75 days advance notice, and a city-owned tree that became my responsibility, I'd had enough. The identity of being a real-estate guy is very hard to walk away from, trust me. For a long time, I stayed just because real estate was my "thing." It’s how I started. It’s what I’m known for. It led to every good thing in my life. But that blinded me to the fact that just because something served me in the past, it doesn't mean things haven't changed in the present. The reality of 2026 finally stripped the emotion away. My LA rentals are netting about 4-5% after the constant background noise of taxes, insurance spikes, and repairs. Meanwhile, a risk-free Treasury pays 5%. The trade-off just doesn't make sense any more. I’m reallocating to a liquid portfolio that actually lets me focus on the work I love. I published a deep dive on my Substack about the ADU nightmare that broke my patience, the exact numbers behind the exit, and where I’m moving the money next to buy back my sanity. I'll drop the link here in a bit.