Chase Palmieri

“You can’t break @Strategy. People just haven’t done the math.” -@LawrenceLepard, Author of The Big Print Full episode of RE:Bitcoin in the comments below 👇

@GrafYves Cuz the money printer will brrrrrr and those companies' valuations will skyrocket as well. So Strategy will be chasing a moving target.

@chasepalmieri That's disappointing. Why so bearish?! 😄

How long will it take until we see $MSTR ahead of $AAPL and $NVDA?

@AdamBLiv ShareHODLer

MSTR's CEBE mNAV is now 1.00x. Selling equity for cash/Bitcoin here is CEBE neutral. It'll be interesting to see where MSTR goes from here for the rest of this Bitcoin bear. Going beyond 1x mNAV when the bull market returns is not a necessity for outperforming Bitcoin... but that is an added potential bonus as an MSTR shareholder. If it takes a 50% Bitcoin price drop and a sustained time period of choppy sideways BTC price movement for the valuation to get to this level... I can handle the rest of the time pain no question. The company still has lots of optionality with the liquidity of MSTR and can survive any realistic Bitcoin bear market scenarios. Continuing to buy $MSTR to hold for 10+ years.

@SullyMichaelvan Feeling the same way brother. Alignment never felt so good.

I'm waking up each morning more excited then ever. Never thought I'd find a way to tie so many my (seemingly unrelated) interests into a single form of work. -Engineering -Pursuing novel ideas -Data -Writing -AI -Stories -Bitcoin It's a strange life, but I'm grateful as hell.

Argentina's rough style of play exhausts the other team after 75 minutes, so the opposing team's defense (especially midfielders) fail to get back in position in time or continue to fight for 50/50 balls in front of the goal and that exhaustion creates an opening for successful attacking play in the final 15 minutes of each game.

Somebody needs to explain to me what happens in the last 25 minutes of Argentinas games? They look like shit for 70 minutes and then its like they turn on a switch and then totally dominate

@comic @PermaBullz

@chasepalmieri @PermaBullz Yeah we know

It’s been 2 months since $STRC broke and looks to have no sign of recovering back to $100 Time for another preferred equity with 15% yield Surely that will be the iPhone moment for all the $MSTR retards

@comic @PermaBullz But that's all I talk about as I've made it 100% of my identity!

@chasepalmieri @PermaBullz Enjoy your bitcoin per share. I won’t be responding to anything MSTR related from you moving forward.

Claude Fable 5: The claim that Saylor wants to dilute MSTR common ignores where his own money sits: ~57% of his ~$3B net worth is his 19.9M-share stake, making him the largest individual holder at 9.9%. If dilution destroyed per-share value, no one would lose more. He's not diluting shareholders — he is the shareholder. And the ATM model was never dilution — it was accretion. Selling shares above NAV to buy Bitcoin increases BTC per share for existing holders. It only turns dilutive below NAV, which is exactly why Strategy slowed issuance and paused purchases when the premium collapsed. That's not the behavior of someone who just wants to print stock.

Are you listening to yourself right now? The common stock pays ALL THE BILLS. Including the $865million in stock based compensation for the executive team over the last 5 years. Guess how much common stock the C suite bought? $30m, and sold $865m They have no interest in owning the common stock or defending it. Simply extracting it. No longer going to waste my energy going back and forth with you. You seem to enjoy losing money and making up excuses for Saylor which is weird as hell. Enjoy the BTC per share. I’ll enjoy my profits.

But when you say "it's their bitcoin", isn't that only possible because they are owners in the business via MSTR? Common equity is how people within the company compensate themselves, not with STRC or any other preferred stock. So why would they purposfully destroy the value of their own stock based compensation?

@chasepalmieri @PermaBullz Their incentives are to get as many idiots to donate their capital to their balance sheet so they can buy bitcoin and dilute their shareholders into oblivion At the end. It’s their bitcoin, not yours.

@DrBitcoinMD It’s the passing of the goat.

We live in a simulation About 20 years ago, Lamine Yamal's family won a raffle to take part in a charity event with Lionel Messi If Argentina beat England, they will play against eachother in the 2026 World Cup final

@comic @PermaBullz Ok but what do you think the Strategy executive team’s incentives are? To own the most bitcoin at any cost, or to make the common equity valuable by owning the most bitcoin? Curious what you think drives their decision making.

@chasepalmieri @PermaBullz Yeah that is true if you’re looking at 1 side of the equation. What’s the point in buying back common stock that’s going to be perpetually diluted to pay dividends of 5 preferred equities?

@comic @PermaBullz Would you agree that if the common stock is trading without a premium below 1 MNAV that selling Bitcoin to buy back shares is accretive? You have to be willing to concede on some aspects of their model for us to have a fruitful back and forth.

@chasepalmieri @PermaBullz Tons of assumptions that are built on hope and nothing more. “Fiat is a melting ice cube” “Never sell your bitcoin” Somehow now selling BTC and diluting the stock for cash is what “saves” the narrative? Wake up Mr saylor cuck

@PermaBullz @comic Greater USD Reserve and when Bitcoin renters a bull market, there will be no more concern about Strategy’s creditworthiness and investors will flock to their high yields.

@chasepalmieri @comic What mechanism is going to bring it back to par? Are the ATM sales going to help the buy/sell balance?

@comic That’s not what I’m asking…

@chasepalmieri I genuinely don’t care how much financial engineering is happening to any/all of the MSTR scheme ecosystem.

@comic Bought STRD which was even further below par. But do you not believe it will ever return to par, genuinely asking.

@chasepalmieri You can make that bet yourself by buying $100 calls on $STRC

@kenny_alves @Strategy @saylor With you there brother.

@Strategy @saylor Cash is the bar in-between the weights. Real Estate and Bitcoin are the heavyweights.

A barbell strategy: - $3.0 billion in USD Reserves for stability - $55 billion in $BTC Reserves for asymmetric upside

@comic And if an investors proved that they’re in the profit even now?

@chasepalmieri Yeah because they’re all down and wrecked lmao. “It’s a bear market”. No, you’re just awful investors.

Lmao yeah of course he doesn’t want to do any work. He runs a ponzi that is press sell on his stock, buy on bitcoin. Literally zero work, zero value created.

@comic Or says anyone who has been in the stock longer than since it’s previous ATH

@chasepalmieri Says everyone riding a -80% drawdown

@comic Don’t need a new metric, just a longer time frame.

@chasepalmieri Looks like you’re gaining a ton of value! Pls share some made up metrics that contradicts your -80% draw down