pipedream

The $MSTR high of Nov 13 is almost the same as the low today. Yet MSTX has had 17.5% volatility decay (IN 2 WEEKS) and MSTU has had 10.6% volatility decay. Sideways action (or ever returning to a previous price) reveals how bad Vol/Beta decay can suck the life out of just a 2x daily leveraged product. I compared some of my leaps below as well. Good luck 🍀 🫡 #MSTR Nov 13 High - $383.40 Nov 29 Low - $381.00 (0.63% lower) #MSTX Nov 13 High - $116.97 Nov 29 Low - $95.82 (18.08% lower) #MSTU Nov 13 High - $173.80 Nov 29 Low - $154.17 (11.29% lower) MSTR Dec 2025 $380 calls Nov 13 High - $175.55 Nov 29 Low - $190.62 (8.6% higher) MSTR Dec 2025 $450 calls Nov 13 High - $155.70 Nov 29 Low - $174.47 (12.1% higher)

@jessefelder 'The scheme hangs on two pillars: a rising iPhone price and unrelenting consumer appetite for new iPhones. If either wobbles, the entire edifice could crumble, potentially leaving the company saddled with maturing debt and no escape hatch.'

'The scheme hangs on two pillars: a rising bitcoin price and unrelenting investor appetite for MicroStrategy shares. If either wobbles, the entire edifice could crumble, potentially leaving the company saddled with maturing debt and no escape hatch.' ft.com/content/45d7c5…

@werkman Your content is great Keep crushing it

Just a brief note of gratitude today for the community we have built here on X. Anyone who intends to openly engage in the Internet, regardless of the topic, expects the typical negativity and trolling the Internet is famous for. This community has been different. What I have found personally is a highly intelligent, engaged community seeking to understand and process information collaboratively. People are probably sick of me telling them “investing is an individual sport” by now, but what I really love here is the other side of it which is that we have made research and due diligence a community effort. This is unique. It makes engaging and sharing ideas enjoyable. Even the disagreements typically come about respectfully with a real desire to understand and share thought processes openly. I’ve changed my mind so many times I’ve lost count thanks to people spending their time to help me see things I was missing. I’m very grateful for everyone who has chosen to spend their time interacting with me or engaging with my content. Time is our most limited resource and the fact there are now nearly 23,000 people following along and spending their time digesting and engaging with my content is very humbling. Even my long posts, I know reading those takes true time commitment! 🤣 So thank you for being an amazing community that makes me want to keep engaging. I appreciate all of you and hope you all take today to get some well deserved rest and time with family and friends. Our journey is far from over, thank you for taking this ride with me 🙏

$MSTR going to rip faces off every stock in S&P 500 Accumulating $BTC by 20% pa + growing at 60% pa Everyone else trying grow earnings at 20% pa whilst those earning are being devalued at 7% pa by money printing Not even a comparison it’s like nuclear reactor vs water wheel

$MSTR shareholders have 60% more BTC than at the start of the year, and BTC is up 160%, but a 3x NAV premium is too high? lmao

@RobSamuelsIR @MARAHoldings $MSTR brought $MARA entire bitcoin hodl in one week How is $MARA ever going to catch $MSTR when the only share in a fraction of the 450 coins minder per day $MSTR just brought 55k coins 1/3 of the total supply mined this year and will be 2/3 of yearly supply after next halving

Cantor gets it: "Where @MARAHoldings differs from MSTR is that it has a core business that mines Bitcoin, and it is the largest publicly-traded Bitcoin miner when it comes to hash rate. We estimate that MARA is mining close to 25 Bitcoin per day. The economic model behind this is actually similar to MSTR. MARA is HODL'ing Bitcoin, so it is not selling any Bitcoin it mines. It is relying on equity proceeds to fund the business so it can continue to HODL. MARA is mining Bitcoin at a discount to spot, thereby resulting in its mining business being accretive on a Bitcoin per share basis. Furthermore, if we believe all the company's value is attributable solely to its Bitcoin position, then MARA's model could potentially be more accretive to that of MSTR as its equity trades at a ~152% premium over its Bitcoin position and it can mine Bitcoin at a ~40% discount to spot, which is where MSTR is buying Bitcoin. With our view that MARA's cost to mine will decline from here as it reduces its reliance on third-party hosting firms, we see MARA's mining business becoming more accretive in the future."

$MSTR was in laugh at you phase Now we are in fight you phase Next is $MSTR captain now phase

@danieleripoll 🎯

@Pledditor I’m most happy for Bhutan out of anyone Congrats 👏

Bitcoin owned by government (adjusted per person) 0.01546 - Bhutan 0.00093 - El Salvador 0.00062 - United States Bhutan has already passed El Salvador. Will Bukele let the United States pass them too?

@TomerStrolight Facts

Nocoiners on my LinkedIn feed are grinding just as hard as ever, maybe even harder, to stand still. All those former colleagues from my past life who can’t get off the treadmill, despite being smart and hard working. This is the crime of fiat. Bitcoin is the crime fighter.

@_davidlimbrick Not surprised Australia has turned into a nanny state country

The Australian pro free speech revolt is in full swing. All sides of politics are waking up to how dangerous and unpopular this agenda is. 👉 Federal MAD bill controlling what you see - looking DOA 🎉 👉 Under 16 social media ban taking over your parenting and forcing digital ID - revolt underway 👊 👉 Victorian anti vilification laws controlling what you say - hold my beer 🍺

Public service announcement @saylor and $MSTR shareholders will buy sub $100K $BTC all day every day with unlimited capital forever Tick Tock ⏰⚡️🥳

@dotkrueger Hi Fred Did you sell your account this looks like bullish $MSTR ⚡️

Everything is about storytelling. The Michael Saylor story is the most interesting story in finance these days. As a Mamet says, "A story has a hero and he or she wants one thing". That's Saylor. His one thing is to own more Bitcoin than anybody else. And he must overcome adversity to get there. The "models" of HedgeEye, the short attacks of Kerisdale Research and Citron. Everybody wants to follow the Hero's journey. Its more interesting than the faceless blob of BlackRock, or the statistical patterns of the Power Law. The struggles, the successes, all of this is great human copy. It's something that David Mamet would love. And it will shine a light on Bitcoin like nothing else.

@BTCBreadMan @dumimo @ryancohen @TheRoaringKitty True

@pipedreamdefi @dumimo @ryancohen @TheRoaringKitty Time to drop the .eth bro

How mind-numbingly stupid are Ryan Cohen and the rest of the leadership at GameStop? You have a zombie business sitting on a ton of cash just like Saylor did. WHAT THE FUCK ARE YOU DOING? Buy #Bitcoin you fools.

@dumimo @BTCBreadMan @ryancohen @TheRoaringKitty 💯

@BTCBreadMan Want to wreck shorts? $GME to adopt the $MSTR treasury strategy with the $1B they currently have. @ryancohen @TheRoaringKitty

The best performing stock in the S&P 500 that’s not in the S&P 500 Everyone about to find out what $BTC standard means $MSTR

@Danainhawaii Capital is king Congratulations 🎉

I just ran the numbers and it’s official. Thanks to a few “kid analysts” that i happened to come across in February of this year, I just made my entire years salary in less than 3 weeks. And the only finger I had to lift was to press the buy button. #BTC $MSTR

@danielgothits This cycle is all about $BTC and $MSTR equity

Irresponsibly Long $MSTR has seen 1,000 person increase today. This is a ~5x increase in the daily rate of change Engines fired up

@danielgothits $MSTR shares grab a bag