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₿ryce

@BryceHodl

Shitposting, Humility, & Bitcoin

Katılım Haziran 2024
692 Takip Edilen1.3K Takipçiler
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₿ryce
₿ryce@BryceHodl·
No man ever steps in the same river twice, for it’s not the same river and he’s not the same man.
Michael Saylor@saylor

#Bitcoin days are numbered. It seems like just a matter of time before it suffers the same fate as online gambling.

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Michael Saylor
Michael Saylor@saylor·
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.
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Quinten | 048.eth
Quinten | 048.eth@QuintenFrancois·
bitcoin:native is up +28% since everyone told you it would dump into the 50s
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₿ryce
₿ryce@BryceHodl·
GIF
ZXX
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₿ryce
₿ryce@BryceHodl·
Plebs we’re due.
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Matt Cole
Matt Cole@ColeMacro·
@PunterJeff @BitMEXResearch To be fair, I don't expect the "research" arm of an unregulated derivatives company that exists to offer 100x leverage on shitcoins (aka shit-squared) to understand capital management for a publicly traded corporation.
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BitMEX Research
BitMEX Research@BitMEXResearch·
So lets get this straight... Strive [ASST US] is a Bitcoin treasury company. The company has a perpetual instument, with a variable coupon, which can change at Strive's discretion. Paid monthly. This currently yields 13%. With the proceeds from selling this perpetual instument, Strive invest in $STRC, another perpetual instument from another Bitcoin treasury company (Strategy). This instument also has a variable coupon, which can change at Strategy's discretion. This currently yields 11.5% and is paid monthly. What could possibly go wrong?
Jeff Walton@PunterJeff

Strive has increased our Annual Dividend on SATA to 13% On our balance sheet today, we have: Assets: 1. $1.02 Billion in Bitcoin 2. $89.7 Million in cash 3. $50.5 Million in $STRC Liabilities: 1. $10M Senior Convertible Notes (1% leverage ratio) Mezzanine Equity: 1. $437M in SATA outstanding (44% amplification ratio) Our annual interest from SATA at 13% is ~ $56.8 Million As of today, Strive has 20+ years of annual dividend coverage currently on balance sheet. In a world moving VERY fast with advancements in AI, we believe future cash flows of the enormous existing credit market to be at risk (insert any article on Private Credit). We believe Bitcoin remains the best form of Digital Capital to withstand these changing market dynamics, and Digital Credit (such as SATA) to be the most transparent & interesting credit risk instruments in the capital markets. Please see our recent SEC filings. (use your favorite AI tool to summarize). Our website strive.com has an analytics dashboard that updates every 15 seconds with metrics

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Rajat Soni, CFA
Rajat Soni, CFA@Rajatsoni·
Remember when everyone said @saylor is a fraudster and that $MSTR is going to zero? Where are those people now?
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₿ryce
₿ryce@BryceHodl·
@financialcnspr Still too new I think… we’re only level one adr. Need 3 likely
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Eric Balchunas
Eric Balchunas@EricBalchunas·
SHOCK: Goldman jumping into the bitcoin ETF game.. with a filing for a Bitcoin Premium Income ETF
Eric Balchunas tweet media
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₿ryce
₿ryce@BryceHodl·
@MasonFoard I’m seeing more and more fold. All in due time
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Mason
Mason@MasonFoard·
There are several well-respected macro analysts on here with opinions on Bitcoin who have yet to mention $STRC even once. I’d take their views with a grain of salt.
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₿ryce
₿ryce@BryceHodl·
When are prefs live?
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James Van Straten
By the end of this week MSTR will most likely hold more BTC then IBIT. MSTR: 780,897 BTC IBIT: 788,927 BTC STRC has already acquired over 4,000 BTC today
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₿ryce
₿ryce@BryceHodl·
@STRC_live More than metaplanets bought ytd for reference. In only one day!
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STRC.live
STRC.live@STRC_live·
🚨 New estimated daily record: ~4118 BTC And the day isn't over. 6.1M shares through the ATM so far. Previous record of ~4113 BTC set exactly a month ago on Mar 12. STRC.live
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Mando
Mando@rektmando·
Saylor has lost it with this logic. He has now issued $10b+ of preferred stock at 10-11.5% and has capacity to issue $25b more. That means a dividend bill of $1-4b EVERY YEAR on a software business that makes no cash. He has pre-funded some of this bill for the next year by issuing common stock - but with the amount of preferred shares printed each week this is going to run out. The only option for this capital structure long term is either issuing $1-4b of common stock every year, turning off the dividend or selling BTC. This is now a timebomb.
Michael Saylor@saylor

Our BTC Breakeven ARR is ~2.05%. If Bitcoin grows faster than that over time, we can cover our dividends indefinitely without issuing new $MSTR shares. Track it in real time on our site. $STRC

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₿ryce
₿ryce@BryceHodl·
I refuse to think the oct 26’ bottom cycle bros are yet to be correct once again. Me thinky we pumpy sometimey dis summer.
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₿ryce
₿ryce@BryceHodl·
@AAStack 444 bitcoin bought on day one.
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AA ⚡️
AA ⚡️@AAStack·
Anyone tracking Morgan Stanley (MSBT) Inflows?
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Grain of Salt
Grain of Salt@Z06Z07·
Volatility is almost nonexistent, the order book is even better. •Bid (buyers): 99.99 × 11,800 shares •Ask (sellers): 100.00 × 500 shares Extremely asymmetric. •There is ~24x more size bidding just below par than selling at par •This is not passive,this is intentional price defense Congrats!
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Michael Saylor
Michael Saylor@saylor·
At par or better all day. $305M of liquidity. $STRC
Michael Saylor tweet media
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