Jordan Doernbecher

@dnelson58 @saylor @davidsacks47 lol what gold in Fort Know 😆

@saylor @davidsacks47 Easy peasy: 1. Sell the gold reserves in Fort Knox to buy Bitcoin. 2. Sell T-Bills to buy Bitcoin. 3. Rinse and repeat. Acquisitions made without spending US tax dollars to buy Bitcoin.

Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve. The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a dime. It is estimated that the U.S. government owns about 200,000 bitcoin; however, there has never been a complete audit. The E.O. directs a full accounting of the federal government’s digital asset holdings. The U.S. will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency often called “digital gold.” Premature sales of bitcoin have already cost U.S. taxpayers over $17 billion in lost value. Now the federal government will have a strategy to maximize the value of its holdings. The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional bitcoin, provided that those strategies have no incremental costs on American taxpayers. IN ADDITION, the Executive Order establishes a U.S. Digital Asset Stockpile, consisting of digital assets other than bitcoin forfeited in criminal or civil proceedings. The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings. The purpose of the Stockpile is responsible stewardship of the government’s digital assets under the Treasury Department. PROMISES MADE, PROMISES KEPT President Trump promised to create a Strategic Bitcoin Reserve and Digital Asset Stockpile. Those promises have been kept. This Executive Order underscores President Trump’s commitment to making the U.S. the “crypto capital of the world.” I want to thank the President for his leadership and vision in supporting this cutting-edge technology and for his rapid execution in supporting the digital asset industry. His administration is truly moving at “tech speed.” I also want to thank the President’s Working Group on Digital Asset Markets — especially Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick — for their help and support in getting this done. Finally Bo Hines played a critical role as Executive Director of our Working Group.

@Bitcoin_Laws People who know nothing about the asset are the loudest - it’s crazy. Yay for Texas

LIVE: Texas Senate considers Strategic Bitcoin Reserve Bill, 6 March twitter.com/i/broadcasts/1…

Here’s a thought - let’s suppose Saylor’s milestone is to accumulate 1M BTC (or insert whatever number you’d like), aren’t they likely to rollout a new direction? What happens with all that Bitcoin..

@Aowsbaker83 @BritishHodl Only if you think they start selling BTC. If my house went 30-50% CAGR, it’d be boring but never bad news. Id probably start leveraging the asset to generate returns elsewhere 💡

@BritishHodl Isn’t this bad news for $MSTR?

I think the fundamentals of this Bitcoin cycle have changed and they’re much closer to what I’ve been saying over the past 3-4 months on Bitcoin podcasts. Boring as hell with 29%-50% annual CAGR… forever.

@TeddyBitcoins @SahilZaveriMD @saylor No - he wouldn’t. If one believes the best capital is Bitcoin, why sell and convert to an inferior currency? Buffet would need to submit an offer denominated in Bitcoin, which pushes MSTR value up anyways creating an unattainable value prop

@SahilZaveriMD @saylor Yes he would.

Warren buffet has now accumulated $350,000,000,000 in cash. Rumours are circulating he is looking to tender an offer to buy $MSTR with the capital.

@dissolvedc @BritishHodl What’s your source on that; last I knew the SEC was to respond with a decision “late April” 2024

@BritishHodl They just kicked the options can another 2 months down the road at least, absurd. BITO isn't liquid enough and the dividend is an issue. How you going to allow BITO options and not IBIT?

This is a great summary of why MSTR is superior to #Bitcoin ETF’s for those with the skills to utilise leverage and trade it for more gains. I do worry however what happens when ETF’s will allow lending against the stock and when options come out. At that point, the only advantage is MSTR’s ability to leverage its premium into #Bitcoin.

@investanswers How can we follow you, besides on X ?

Follow me for daily analytics 🧵

🧵🇺🇸#Bitcoin ETF Day 9 Update 🧵 Bitcoin ETF Fund Flows after 9 days Tuesday, I said, was the worst Gryscale dump that - that proved to be correct. But there is some other bad news THE BAD NEWS 1) Blackrock IBIT is slowing down a lot 2) GBTC outflows are still higher than net inflows to other funds THE GOOD NEWS 1) Blackrock has 45,668.08 BTC AUM now 2) Fidelity has nearly the same amount 45,354 BTC AUM now 3) Fidelity is taking in more than Blackrock at the moment. 4) ETFs absorbed 130K BTC in 9 days - while Grayscale shed 109,793 5) The ETFs alone are sucking in 16x the daily Bitcoin supply created ie, 14444/900 6) In less than 80 days, the ETFs will suck in 32x the daily volume

@saylor people are taking your footage and scamming others into sending them BTC. Please shut down MicroStrategy US on YouTube for doing this

@saylor But yea - let’s make an example out of bitcoin and proof of work miners without addressing energy concerns of everything that came before it 🫥

@saylor No one complains about the entergy used to surf the web around the globe. No one complains about the energy consumption of the millions of drying machines in every household. No one even thought about the energy involved to give them the smart phone they read this tweet

#Bitcoin enables conservation of energy in time & space because it enforces conservation of energy in cyberspace.

@tdpolo26 Eventually the loan should pay for itself. The BTC is returned; no capital tax event and HODLers win youtu.be/Uvgg3j_uiVw 2/2

@Collegiate_Swag But eventually loans need to be repaid with something

So discussion time why does anyone believe that mining companies will be a good long term investment The halving cycle reduces there profit In order to keep production up they need more miners which they either have to sell there coin for or dilute $mara $riot $corz

@tdpolo26 I hope this helps you understand the thesis behind using BTC as collateral on future loans. Yes, loans will need to be paid over time and that’s why one would use the capital of the loan to further generate income (ie: $CORZ hosting services) 1/2

@tdpolo26 MSTR isn’t a miner but neither is its core business dealing with bitcoin - yet they want more. So they were resourceful and shrewd and found a way that didn’t impact share count to raise money

@tdpolo26 I feel you. But I’m saying the miners have options where they may not have to dilute share count. MSTR has one of the largest BTC treasuries - they recently took loans against their balance sheet to buy more

@tdpolo26 Two things you neglect: - BTC has utility, ie: Russia has been sanctioned by SWIFT yet had considerations to use BTC as an option to still sell its oil - there is such a thing as borrowing against BTC (yes companies will take BTC as collateral to do this) ie: $MSTR buying BTC

@Collegiate_Swag Also I am more speaking to miners stock values If they sell to buy more miners to increase hash rate they need to hope it pays off The easier thing to do is dilute

@tdpolo26 *gold (not good)

@tdpolo26 As long as the trend holds - the demand has no choice but to increase. You can’t get more of the limited supply of BTC but one way; and when it’s gone it’s gone. This isn’t good where all good miners immediately sell their gold because they have unlimited access to more

Go $100k into debt to get a degree and no one bats an eye Put $1k into #bitcoin and everyone screams risky!

MacroStrategy has purchased an additional 4,167 bitcoins for ~$190.5 million at an average price of ~$45,714 per #bitcoin. As of 4/4/22 MicroStrategy #hodls ~129,218 bitcoins acquired for ~$3.97 billion at an average price of ~$30,700 per bitcoin. $MSTR microstrategy.com/en/investor-re…

@SuzyStocks What are your thoughts on Patricia Trompeter being named $ANY CEO after previously having had to resign from the audit team in March ?

The $12.5M promissory note that S3D loaned to Gryphon will be completely forgiven. $ANY

$ANY Sphere 3D Corp. and Gryphon Digital Mining mutually agreed to terminate merger agreement.