HSFU

@BitcoinPowerLaw @Civic108 ok so they rather take the $1.3B now then wait another 3 year's for a potential $120m more.

@PetersPansen23 @Civic108 The convert holders just accepted a lower price than the full price. Like selling a house for 1M and accepting 900k for it.

Strategy retires $1.5B of its 2029 converts at 92¢ on the dollar The company exchanged $1.38 billion in cash for $1.50 billion principal of its zero-coupon 2029 Convertible Senior Notes, a $120M discount to par. The remaining $1.5B of the tranche stays outstanding, alongside five other convertible issues. $MSTR

@Civic108 @BitcoinPowerLaw what happened to the remaining $120M? Not understanding how this works. sorry

@BitcoinPowerLaw So, basically, they borrowed $1.5B and paid it back with $1.38B, getting $120M "free" cash, right? Amazing. The convertibles, being OTC, were really underpriced, as Saylor said.

@hillery_dan 1966 lincoln continental convertible

Name one convertible car that’s better than its coupe version. I cannot

@PunterJeff congratz 1/2 quant bro 💪🏻

Surreal. From Reinsurance & basement podcasting To Ringing opening bell on the Nasdaq with a ~$1.2 Billion Bitcoin balance sheet. So incredibly proud of this team. The future is bright orange.

$MSTR Kudos to @coffeebreak_YT for actually getting on a live call with @PunterJeff after making his accusations about digital credit products and the @Strategy model. And a massive shout out to Jeff for being extraordinarily composed throughout. That’s where the credit ends. This conversation is a clear example of what happens when influencers jump on a trend without doing the work. Without running the math. Without approaching the topic with even a baseline level of humility. Coffeezilla has built a remarkable career exposing scams. That is genuinely valuable work, and nobody should take that away from him. But there is a significant difference between digging through documentation to expose bad actors and deciding to go against the thesis of someone who has innovated this entire space and thought about it day and night, and then entering a live unedited conversation with someone who has studied and built upon that very thesis in professional practice. @saylor has been publicly advocating for Bitcoin for over five years. The dashboards are public. The thesis is public. The math is public. The entire capital structure has been laid out in exhaustive detail across hundreds of keynotes, interviews, and earnings calls. To assume that reading into all of that in a day, then doubling down with broad public accusations about the model not being viable, is extremely shortsighted. And for someone with millions of followers, it is irresponsible. What this conversation made evidently clear is that when you go up against people who have built their entire professional lives on math and objective reasoning, opinions are not enough. @Strategy is trying to improve the credit market. Trying to give retirees a fighting chance. Trying to innovate in a space where there is no easy alternative path. Doing it transparently, mathematically, and with full confidence in what they have built. That deserves curiosity. Not a camera and a hot take. I am genuinely skeptical this entire video sees the light of day on his channel. Once again, Jeff was exceptional. $BTC $MSTR $STRC

@BitcoinNewsCom wait... we don't want paper hands for bitcoin and long term holders instead. i mean that's what its meant for. store of value. introducing taxes will keep more people doing just that. hodling. and we complain about that?

BITCOIN SOLD IN GERMANY COULD BE TAXED OVER 50% Under the Green Party's proposed law, if sold within a year, Bitcoin gains would be taxed as regular income at progressive rates up to 45%, plus the 5.5% solidarity surcharge.

@AdamBLiv genuine question.. why not just buy 49 in the first place instead of 50?

Concerned about Saylor selling Bitcoin? Imagine that he’s a real estate investor. Imagine he owns a 512-unit apartment empire that represents 512 months of dividend coverage in Bitcoin. A bunch of geniuses on X are losing their minds because, to cover the preferred dividend for 1 month, you might sell 1 apartment. One. Meanwhile, the financing machine attached to the property is currently buying you another 50 apartments a month. So the actual situation is: Sell 1 apartment Buy 50 more End the month with 49 extra apartments And people are on here acting like this is some kind of collapse. That is the level of financial autism we are dealing with. That is basically the Strategy / STRC debate.

@MasonFoard @hillery_dan this is the way

@hillery_dan Irresponsibly long.

Irrationally optimistic.

@ryQuant @Strategy @CedYoungelman lending. get paid in fiat?!

I imagine there will be much short term discussion about the USD Reserve size & Div rate for $STRC. The long term question is: At some point, we run out of bitcoin to buy. We can debate when that is, and what the terminal accumulation number looks like, and what amounts of BTC are trade-able on exchanges, etc. Therefore, what is the source of growth for Strategy in a post accumulation era?

It was great connecting with so many of you at Bitcoin 2026 this week. What questions would you like @Strategy's management team to address on our Q1 2026 Earnings Call on Tuesday, May 5 at 5 PM ET? Share them in the comments below.

@hillery_dan MSTR might be the goat in US. MTPLF though is the biggest player in the asian space and gives direct exposure to a product most of the asian market is hard to come by. should be worth a small portfolio allocation imo. at least for btctc's people.

Like the breakdown, But I'd caution against some of these names, especially MTPLF, over MSTR simply because of amplification/ leverage dynamics. MTPLF has 13%ish leverage, so therefore the bet you are making is that they will trade meaningfully above 1xmnav and will ATM common aggressively. They are now large, and I don't expect the days of 5x mnav to be coming back. Without leverage, there really isn't a value proposition.

@AdamSimecka @ryQuant & @PunterJeff

Who orange pilled you?

@thepowerfulHRV Metaplanet?

$MSTR is eating my portfolio, Pac-Man style. This thing needs diversification. What are some other good stocks?

@hillery_dan what amount of btc would you deem "unhealthy" for strategy to accumulate to harm the btc ecosystem and its decentralization?

Arguably the main reason people are concerned about Strategy "concentrating Bitcoin" is because they are the only market participant who announces their buys every week.

@bramk what a read! thx! print it and make a book out of it. would definitely buy. would love to know what Kaczynski would have said about bitcoin and its concept.

@RoaringRagnar whats website is that from?

Saylor himself will pump Bitcoin to $1 million. +12,400 BTC yesterday +5,100 BTC today And the day just started.

@thepowerfulHRV legend 🫡

I’ve purchased a share of $MSTR at $165.95, bringing total holdings to 14 shares. Thank you for your attention to this matter!

@TrendSpider how do you get this color grading on the candles?

Ferrari hasn’t been this cheap in 2+ years. The 200-week SMA called the 2022 bottom. Price is back there again. $RACE 🏎️

@CorySwan doesn't matter as long as 30% cagr exists. question is if it takes that out of the equation as well..

TLDR: massive covered call positions (to generate yield) across large holders of real bitcoin are suppressing the price

@6days1week @vladtenev IOU

@vladtenev . x.com/6days1week/sta…

Wrapping up the AMA for today! But you know you can always ask me questions.

@hoose_house @thepowerfulHRV wall street took all the volatility out of a wild asset. they don't want unpredictable income but steady streams. tame btc and monetize it. there maybe wont be another bear, bull market but only up and to the right.

@thepowerfulHRV Such a weird market… nothing but good news for a year and basically a bear. Down on the year. Most successful etf launch in history. I wonder if we will have explosions to the upside like in the past in a post tradfi btc world.

Buy #Bitcoin while nobody cares