TyMoTrilla

Tether Investments Proposes Merger Plans at Twenty-One Capital to Accelerate its Strategic Direction Read more: tether.io/news/tether-in…

Finally!

@_Adrian @saylor @Strategy Nah bro the mstr crowd needs to chill out. Way over blown

@tbone8ty @saylor @Strategy The head of a company should be more accurate with his statements. Plus he has a history of taking shots at @Strategy, I don't buy his "genuine" respect schick.

Comments like this from someone like Jack Mallers are quite frustrating. @saylor | @Strategy could issue another 0% convert tomorrow. There was never and has never been any sign of exhaustion for converts and the market kept buying the embedded call option on $MSTR because of the volatility. They aren't issuing 10% + on $STRC because they don't have market interest in converts. Saylor is targeting a yield starved cohort to fund buying $BTC. It's really that simple. Strategy pivoted toward perpetual preferreds like $STRC because the true economic cost of the Bonds isn’t the coupon, it’s the constant short pressure from convert arb hedging and the related dynamics it creates with DEX | GEX. Convert arb funds buy the bonds, long the cheap vol | equity option & then delta-hedge by shorting $MSTR proportional to the bond’s delta. The converts are long gamma (convexity) making the hedge dynamic. So if $MSTR rises, the delta increases, the bond holders arb by shorting more stock to stay neutral. If $MSTR falls, the delta decreases, so they cover their shorts. This creates persistent short interest (at times 45% of MSTR’s short interest is directly tied to convert arb) with constant sell on strength | buy on weakness activity that acts as a drag on upside moves while adding liquidity on dips. This is gamma scalping | vol arbitrage at its finest; the coupon itself is almost irrelevant in this light. The Prefs sidestep this reality because they are not convertible into common & don’t create the same delta | gamma hedge pressure. Individuals running a $BTC Treasury Company should know this...

The knee-jerk reaction to Jack’s comment is exactly what’s wrong with this community. You can disagree and debate all you want, but villainizing someone who has supported bitcoin adoption for a decade because he has a different perspective on lending leaves me scratching my head. I maintain that Saylor has been a net positive for bitcoin, and I have held $MSTR since 2023. That said, it is alarming to see how many people treat Saylor like an infallible God. He is a big boy who can defend himself. If he feels Jack’s statement is out of line, I’m sure he’ll address it. Many of you have become emotional about your investment. It’s time to touch grass.

@TheSamsPodcast And you are?

Mallors is a spoiled brat

@AAStack @Strike @River Your a moron, come in really?

Just Pause my Daily DCA with @Strike and activated my Daily DCA with @River. Why? Because words have power. Chose them wisely

@mikewmunz Strike is the best Bitcoin platform. Period. It has made so much progress over the past few months It is the bank account now. What has strike backtracked on again? Look at all these strategy minions coming out of the wood work with their panties in a bunch.

I like Jack. He’s one of the most hard nosed Bitcoiners out there. He’s done a lot of great things But This take is extremely disingenuous mainly because he’s salty that XXI has done absolutely nothing. Strike has backtracked their mission of making a universal Bitcoin/Fiat bank account in favor of OTC and trading. Strategy didn’t run out of people willing to lend at 0%. There never was anyone willing to lend at 0%. They ran out of convertible bond buyers because the market is tiny. They went in favor of a market not worth $200 Billion, but $300 Trillion+. 3 orders of magnitude larger. In the end, convertible bond buyers don’t help the equity the way they want them to. It’s great for immediate injection of capital to leverage up on, but doesn’t create sustainable financing into the future that is good for the company. It’s short term thinking. Of all people, Jack should know this. At this point in time, Saylor is running laps around him. Don’t take your saltiness out on him. How about just be better. x.com/BTCtreasuries/…

@SydneyLWatson That would have been 8000 pesos in Mexico

Seen a lot of conversation about how predatory the American medical system is. So I will weigh in. I ended up going to the ER about 2 weeks ago for crippling pain. Turned out to be a ruptured ovarian cyst. I was there for MAYBE 4 hours. My bill? $13,500 dollars. Because I'm uninsured (by choice, that shit is a SCAM), the hospital dropped my bill down to $8,100 and some change as an "uninsured" discount. For starters, $13,500 for a 4 hour hospital visit is insane as it is. But the fact the hospital can wipe $5,000 off the bill "just because" should show you how utterly fucked this system is. And to be clear - $8,000 is still an absolutely insane sum of money when all these people did was scan my stomach and give me some pain killers. On my itemized bill, my CT scan was 7k. The iodine they used was $900. Just being in the ER room alone was $2,500. We phoned the hospital to haggle. They dropped the price by $20. Normal people can't survive this shit. I do okay and $8,000 is still an INSANE chunk of money out of my savings. Anyone who argues this isn't a disgusting, predatory system is crazy. And it is even crazier that Americans accept this. And for those of you who argue this is the free market, I need you to be quiet. There can never be a true free market here when government and insurance have their creepy little fingers in this pie. People shouldn't go bankrupt trying to pay medical bills. This has to change.

@tokenomics7 The announcement of the announcement of course

$XXI should catch up to $MSTR and $ASST this week. The Announcement this week should push it to at least 1x mNAV. Expecting $10 a share soon

@paoloardoino @tether @btc @paoloardoino Are guys at the Bitcoin Conf. Las Vegas

The @btc faucet is live! Just mention @btc with your user@tether.me address and get free sats

@iBobbyShell It's pretty expensive to go.... full access tickets, plane tickets, hotel....

I’m surprised how few people made it to conference compared to years prior

@LoudonRichard @BowTiedYukon This is gross, only going to McDonald's now

I used to work at Coke. The stainless steel tank is a myth. Aspartame degrades, so once anything Diet is made, it immediately starts to go bad. If it sits around, it will affect the taste until it eventually just goes bad. Now, the two reasons it tastes so good: Whenever Coke makes bib (bag in box) for McDonald’s, it goes right off the line into a McD’s truck. No warehousing or sitting around. It is probably at a store in 24 hours or under. Also, McDonald’s franchisees keep their soda lines very clean. Whatever the industry standard to clean them is, most franchisees will do double to triple that. Those are the two main reasons.

I hit McDonalds a lot just for a Diet Coke It’s so much better than anywhere else so I asked ChatGTP why The main reason Diet Coke tastes “better” at McDonald’s compared to other places is how McDonald’s handles the product: Coca-Cola typically delivers syrup to restaurants in plastic bags inside cardboard boxes McDonald’s, however, has a special partnership with Coca-Cola. They receive the syrup in stainless steel tanks. This helps preserve the flavor better by keeping the syrup fresher and preventing plastic from altering the taste McDonald’s restaurants use a high-end water filtration system to ensure consistency and purity The water and syrup are kept extra cold before mixing, which helps the carbonation last longer and gives that crisp, refreshing taste The syrup-to-carbonated water ratio is very carefully calibrated by McDonald’s and Coca-Cola together McDonald’s also slightly overshoots the syrup level so the drink tastes just a bit sweeter and stronger The straws at McDonald’s are intentionally wider than average, so more of the soda hits your taste buds at once, intensifying the flavor experience. McDonald’s sells a huge volume of fountain drinks, the syrup and carbonation don’t sit around long. You’re usually drinking a batch that’s very fresh Now we all learned something together today You’re welcome

@misterrcrypto I have a buy order for 21 million at $0.001 so sorry PS not happening

NEW: Peter Schiff says Bitcoin will crash close to zero.

@TheVeganPilot64 @jackmallers Same! getting super close to my cost average now. Let's get a 21x

@jackmallers Good luck this week! We believe in you. Just grabbed more $XXI @jackmallers

@Gemini I used to be able to transfer instantly to wallet. But now you have to wait 7 days. Not a fan.

@CoinDesk Burn the idea of eCash to the ground

INSIGHT: A Bitcoin developer wants to hard fork $BTC in August and reassign Satoshi Nakamoto's coins on the new chain to fund the project. The community's verdict: theft.

@coinbureau No this is retarded memecoin thinking.

⚠️ NEW BITCOIN FORK PROPOSES REDISTRIBUTING SATOSHI’S COINS Long-time Bitcoin developer, Paul Sztorc, is proposing a fork that would reassign part of Satoshi Nakamoto’s ~1.1M . The plan is to copy Bitcoin into a new chain called eCash with native eCash tokens. “Hold 4.19 BTC at the time of the fork, get 4.19 eCash. You can sell it, keep it, or ignore it entirely,” he said on X. However, certain wallets (like Satoshi’s) would be flagged as “inactive,” and their balances would be redistributed under the new rules. Supporters argue this could “revive lost coins” and make supply more usable. Critics call it outright theft, warning it sets a dangerous precedent for rewriting ownership.

@ChadSlimeBased $keel

Is there any reason I should not open up a sizeable position on $MARA tomorrow?

@Kalshi Hmm which one is it?

BREAKING: Iran offers US deal to reopen Strait of Hormuz, end the war, and postpone nuclear talks