BigBuck @Mrbitc

As a Microstrategy shareholder who has never sold I would like nothing more than for Michael Saylor to keep printing MSTR shares to rid the company of all debt, build up the cash reserve and continue buying Bitcoin. Leaner, cleaner and meaner.

Strive acquired an additional 759 $BTC for ~$50M at an average cost of ~$65,850 per bitcoin.

Either Bitcoin is broken or the most magnificent bull run of our generation is about to be unleashed

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Today was the most difficult day in the history of Digital Credit. $STRC traded as low as $82.50 before recovering sharply. $SATA traded from par down to the low 90s before also rebounding. It was a difficult day for many investors. What happened today was a leverage liquidation event, not a deterioration in underlying credit quality. There is an old saying in income markets that the road to hell is paved with carry. When investors discover an asset that offers attractive yields, relatively low volatility, and strong underlying credit characteristics, many eventually decide that owning it is not enough. They borrow against it. They lever it. They attempt to enhance the carry. That works until it doesn't. When markets move against leveraged holders, forced selling can create a cascade. Prices fall, margin calls increase, more selling occurs, and the cycle feeds on itself. The selling becomes disconnected from fundamentals and becomes driven by balance sheet constraints. We have seen this many times before in traditional finance. Some of the largest hedge fund failures in history involved highly leveraged positions in U.S. Treasuries. Not because Treasuries suddenly became poor credits, but because investors became overextended while trying to earn additional yield on assets that appeared safe and stable. That is the dynamic that played out today in Digital Credit. Importantly, the creditworthiness of the issuers remains strong. At @Strive, our dividend reserves remain intact. Our company is not under stress. We remain well positioned to meet our obligations and continue executing our strategy. The underlying credit profile remains substantially unchanged from where it was before today's volatility. One of the lessons markets teach repeatedly is that leverage flushes are not necessarily evidence of weak collateral. In many cases, they occur precisely because the underlying collateral is viewed as stable enough to encourage excessive leverage in the first place. In that sense, today's events were difficult for some investors, but they were also instructive. Digital Credit is still in its infancy. It is better for the market to experience and learn from these dynamics now, while the market remains relatively small, than years from now when the market is many times larger. Investors, issuers, and market participants all benefit from understanding the risks associated with leverage and liquidity before the asset class reaches full scale. No one knows with certainty whether today's lows will ultimately prove to be the bottom. What is clear is that there was substantial demand at those prices. Both $STRC and $SATA experienced significant buying interest off their intraday lows, resulting in sharp recoveries. That price action reflects meaningful demand entering the market at lower levels and is an encouraging sign for the health of the asset class. A liquidation event and a credit event are not the same thing. The price action today did not change my conviction in the long-term opportunity for Digital Credit. If anything, it reinforced my belief that we are building an entirely new category of financial instrument that will experience many of the same growing pains that other large fixed income markets experienced before reaching maturity. The volatility was uncomfortable for many participants. The lesson will prove valuable. Stay calm. Focus on fundamentals. Markets have a way of working through excesses, and when they do, stronger foundations are often left behind.

Ja Kulbergs tā turpinās, tad beidzot varēšu vairs neinteresēties par politiku un pilnībā pievērsties savai dzīvei. Patiesībā, pat ja arī neturpinās – ar šo vienu mēnesi jau pietiek, lai redzētu, ka par valsts vadītāju var būt arī normāls cilvēks, nevis tādi, kuri visu laiku rada trauksmes sajūtu. To vairs nevar atredzēt.

Eiropas čempionāts galda hokejā. Fināls Superveterānu klasē. Pēdējā spēles minūtē tu esi iedzinējos ar 1:2. Vēl 11 sekundes un zviedrs būs Eiropas čempions... bet tad notiek TAS!🤩 Tās ir emocijas, ko novēlu piedzīvot jebkuram sportistam. Latvija! Uzvara!💪🇱🇻🥳🥳🥳

🐻🐾🌳 16. jūnijā LVM mežkopības meistars Rūdolfs Rubezis veica jaunaudžu apsekošanu Limbažu meža iecirknī. Dodoties ar automašīnu no viena meža kvartāla uz otru, attāli uz meža autoceļa pamanīja dzīvniekus, tādēļ samazināja braukšanas ātrumu. Sākotnēji šķitis, ka tās ir mežacūkas, taču, piebraucot tuvāk, izrādījies, ka tie ir četri lācēni, kas ieinteresēti izslējās kājās. Dziļāk mežā bija redzama arī lācene.

Only ~5% of SpaceX stock is floating right now ~95% $SPCX is still locked Most don’t realize bearish pressure often comes later, when insiders finally get liquidity Unlock schedule below ⬇️

Strategy has acquired 1,587 BTC for $100 million to increase our $BTC Reserve to ₿846,842. We have also increased our USD Reserve by $100 million to $1.1 billion. $MSTR $STRC strategy.com/press/strategy…

@JanisBethers Valsts nav labdarības organizācija. Ja nav ekonomiski pamatots, nav pieņemams rīkot. Gan jau gudri cilvēki šo spēli un saprot ka nekādas ekonomikas tur nav. Pretējā gadījumā labāk daļu naudas novirzīt šīs spēles popularizēšanai bērniem.

$STRC and $MSTR shareholders have approved the amendment to move $STRC dividends from monthly to semi-monthly. Under the new cadence, the first record date is June 30 and the first payment date is July 15. Thank you to every shareholder who voted. strategy.com/press/strategy…

@IIHFHockey Bullshit stop that. All have to boycott this shit.

Strategy has completed the repurchase of $1.5 billion of its 2029 Convertible Notes at an ~8% discount to par, generating an incremental 0.7% BTC Yield and lowering aggregate debt to $6.7 billion. $MSTR $STRC strategy.com/press/strategy…

Some are saying this is the best Saylor interview in years 👀

@n_karklinz @IvoButkevics Nav nekāda problēma pirkt vācijā.ir kantori kas to dara par saprātīgām cenām. Un izvēle daudz lielāka.

The most interesting story in Bitcoin right now is the rise of $SATA in the credit markets and the embrace of $ASST by the equity capital markets.

E172: @Saylor: Why Hard Work Won't Make You Rich Michael Saylor is the chairman of @Strategy - the world's largest corporate holder of Bitcoin with over 840,000 BTC and $65+ billion deployed. He bought his first Bitcoin in 2020 when the Fed cut rates to zero hasn't stopped since. With WSH, I always want to go much deeper than the current narrative and that’s exactly what we did here. We gradually moved past the surface and into the things that really shaped Michael. We talked about his childhood, growing up in a military family, buying domain names in the 1990s and flipping them for tens of millions, losing $6 billion of his net worth in a single day during the dot-com bubble, his great Apple bet in 2012, why working hard won't make you rich, why you should mortgage your house but probably not sell your kidney to buy BTC, why "THERE IS NO SECOND BEST", and a lot more. The conversation lasted more than two hours, much longer than originally planned, and it was just amazing. I hope you enjoy it as much as I did. Timestamps: 00:00 - Intro 03:05 - Explain what you do to an Uber driver 05:35 - Advice for Rick, the struggling Uber driver 07:07 - Who is Michael Saylor? 11:02 - Sponsors @Trezor & @Bitwise 11:48 - Kevin's Business Intelligence Company 13:14 - Michael's childhood and chip on the shoulder 17:56 - Has Michael conquered the world yet? 19:49 - Just because you can, doesn't mean you should 28:23 - Sponsors @KASTxyz & @sumsub 30:02 - Low time preference and scarcity 43:50 - Buying and flipping domain names for tens of millions 55:11 - Bitcoin is a lifeboat 1:01:31 - Should you mortage your house to buy Bitcoin? 1:09:50 - The great $60B in Bitcoin bet: risks 1:15:32 - Sponsors @JupiterExchange , @ethena 1:16:16 - Sell the kidney if you must but keep the Bitcoin 1:20:14 - What's the endgame for Strategy? 1:28:16 - Where does Bitcoin price end? 1:29:36 - Where would Bitcoin price be without Michael Saylor? 1:31:06 - What is STRC? 1:35:34 - Should my mom put her life savings in STRC? 1:37:12 - How do you always invent new ways to buy more Bitcoin? 1:49:19 - From God to Madman every 6 months: handling insane volatility 1:51:49 - How Michael lost $6 Billion of his net worth in one single day in 2000 and then watched MSTR go down another 99% 1:59:09 - Why Michael doesn't have children 1:59:44 - Why working hard is the worst advice you can get 2:07:37 - Why THERE IS NO SECOND BEST, there is only one crypto asset 2:15:03 - Thanking Michael from the whole crypto industry

Michael Saylor & Phong Le just addressed the biggest questions investors are asking: - Will Strategy sell Bitcoin soon? - Why move to semi-monthly dividends with $STRC (is daily next?) - What’s the endgame with $MSTR & Digital Credit Full raw Q&A with @saylor & @phongle — unfiltered. Share your thoughts on their responses below. Timestamps: 00:00 Introduction 03:22 Will Strategy Sell Bitcoin? 06:05 STRC ROC Tax Question 07:06 Saylor on Strive & $SATA 13:02 Future of STRC Dividends 16:41 Will Strategy Slow Buying Btc? 19:00 The $100 Peg 21:57 STRC, DeFi & Fragility 27:17 Why Is Bitcoin Stuck? 30:00 Monthly $STRK, $STRD, $STRF Dividends 31:38 Retiring Preferred Stock 35:06 Fixed 10% Yield 35:52 Scaling STRC 39:44 Winning Over Skeptics 42:58 Understanding MNAV Calculations 45:03 “Rip the Wings Off Shorts” 52:11 Ultimate STRC Product 59:52 Strategy at $10M Bitcoin 1:00:55 BTC Yield Metric 1:01:45 Custody & Proof of Reserves 1:03:58 Strategy as Investor Gateway 1:06:06 Teaching the Next Generation 1:08:12 Bitcoin’s Place in History

This morning on CNBC, I discussed the case for Digital Credit $STRC, its impact on $MSTR, and my long-term $BTC forecast with @JoeSquawk.