Everyone thinks Strategy buys Bitcoin. But Saylor is building... the first digital bank and he's coming for $200 trillion in global deposits. "We can buy more Bitcoin than sellers can sell. We're taking it all." Here's the 3-step plan he shared at bitcoinmena:show more

🚨 BREAKING: MICHAEL SAYLOR IS PANICKING > Avg buy... price for Micro Strategy is $75,699 > Current price is $66,835 Here's what will happen, if the price don't go up this year: Phase 1: > $BTC no cash to pay dividends > has to sell Bitcoin Phase 2: > Selling Bitcoin -> the price goes down > $MSTR price goes down too > Can't raise new capital > No new BTC buys Phase 3: > Strategy has to sell > People panic and sell too > No or little new buys > Bitcoin goes to $18k > It's technically a bankruptcy The main question is: Will there be a new big player, who will buy Bitcoin as Michael Saylor does? If yes, then who and why? I will alert you when it's the right time to buy, if this moment happens.show more

⚠️ SOMETHING JUST BROKE IN SAYLOR'S BITCOIN MACHINE Strategy's... $STRC preferred stock hit an all-time low. $82. 18% below the $100 it's built to hold. Here's why it matters. Below par, Strategy can't issue new shares to buy bitcoin. The money machine just stalled. And last month, Saylor sold bitcoin to cover the dividend. The first sale since 2022.show more

We now have funds but no buyers, we need... everyone to buy the versions of SWIM now! If each of us buys each version we will have that first UK #1 You can apply for funds here And here you can find all the buying linksshow more

Sold 32 coins. Bought 1,550. 48 times more, at... a 15% discount, into the crash the market blamed on the sale. Strategy disclosed today that while everyone panicked over its $2.5 million Bitcoin sale, it was quietly buying the dip that panic created. 1,550 Bitcoin for $101 million, at $65,332 a coin, far below the $77,135 it sold for and below its own cost basis. The bears called the sale the first crack, a forced liquidation, the start of the death spiral. The answer was a buy 48 times the size of the sale that scared them. This is the machine we described: a state-contingent allocator. Above its funding line, it turns market access into Bitcoin. The sale was the exception. The buy is the rule. It also closed the question the sale opened. The cash reserve behind the preferred dividends had thinned to $900 million, about six months of cover. He rebuilt it to $1 billion in the same week. But watch how, because that is the real story. He funded none of it with coins. He funded it with $181 million of freshly issued stock, then spent it on Bitcoin and the reserve. The coins were never the funding source. The equity is. That is the flywheel working exactly as built, and the cost of it surfacing at the same time. Every turn now runs on issuing shares, and the premium that once made each share buy more Bitcoin than it diluted has compressed hard. He bought low. He sold his own stock low to do it. So the question quietly turns. It was never whether Saylor sells his Bitcoin. He just proved again that he buys far more than he sells. It is what each turn of the engine now costs in dilution, and how long the market keeps paying a premium worth that cost. He bought the dip. The dip was partly his own making. And he paid for it in equity, not coins.show more

$GME very underwhelming Bitcoin purchase and 0 conviction from... management $MTPLF trading at a 6x mNAV $WGMI Bitcoin miners continue to disappoint $SMLR had a nice bounce but not sure how far it can go $XXI merger still hasn't gone through and no business plan has been shared All the new LBEs are still getting their engines running and processes down for buying Bitcoin Meanwhile $MSTR is trading at a 1.8x mNAV with the lowest implied volatility in years. They have the most to gain from another run to new Bitcoin all time highs. $STRK/$STRF both trading above par with massive ATMs at the ready. Metaplanet is great, but there is no company in the same solar system as Strategy. Their ability to transmute fiat capital into Bitcoin is unmatched. If you're looking for the best sandbox to play in this summer, $MSTR could be itshow more

This is how I’ll know the exact Bitcoin bottom... is in. The 2022 pattern points to October–December. And there is only one way to confirm it: Sentiment. Wait for the crowd to scream that Bitcoin is finished. Wait for the loudest bulls to finally break. And this cycle already has one perfect signal: Michael Saylor. The crowd was trained to believe he would never sell. Strategy would always buy. Institutions would always save Bitcoin. That belief is the trap. Retail always does the same thing: They follow the loudest bull at the worst possible time. When that bull breaks, retail breaks with him. That is when sentiment hits the floor. That is when we buy. I’ll make sure you know when it happens. Reminder: I’ve called all the market tops and bottoms for the last 15 years, including the Bitcoin bottom at $16,000 and the top at $126,000. The next call will be even more important. I’ll post it here publicly like I always do. Turn notifications on. If you’re not following yet, you’ll understand why that was a mistake later.show more

A very happy #Bitcoin Pizza Day, everyone! 🍕 Today... offers a heartwarming reminder of how young our industry is, but also how much we’ve grown and evolved in the past 14 years. You can now buy a lot more than just pizzas with crypto!show more

Saylor’s Bitcoin Machine Meets the Cash Reality The real... story is not that Strategy may sell up to $1.25B of Bitcoin. The bigger story is that it has moved from a simple accumulation narrative into a complex capital markets machine. The old pitch was buy Bitcoin, never sell, increase Bitcoin per share. The new structure has preferred stock, convertible debt, reserves, buybacks, dividend obligations, and now a BTC monetization plan. That shift matters because Bitcoin does not produce cash flow. Preferred dividends and interest expense do. Strategy says it has about $2.55B in USD reserves and roughly $1.76B in annual preferred dividend and interest obligations. That sounds like about 17 months of coverage, but that number is static. It assumes no future dividend increases, no stress, no buybacks, no taxes, no transaction costs, and no deterioration in capital market access. If they keep raising the STRC dividend to defend the price near par, the cash burn rises and the runway gets shorter. The Digital Credit Problem STRC is marketed as digital credit, but economically it behaves like a high yield perpetual preferred stock tied to confidence in a Bitcoin balance sheet. It is not normal debt because there is no traditional maturity. It is not common equity because it sits ahead of common shareholders and carries a large cash distribution expectation. The design is clever but circular. STRC’s dividend can be adjusted to keep the security near $99 to $100. The dividend was raised to 12%, which may support the price, but it also raises cash burn. If STRC trades below par, Strategy may raise the dividend again. If the dividend rises, the reserve coverage shrinks. If cash gets tight, Strategy needs new issuance, reserves, or Bitcoin sales. The compounding issue makes the structure even more fragile. If dividends are paid on time, they do not compound against the company. But if payments are deferred or missed, unpaid dividends can accumulate and compound monthly until paid. That means a liquidity problem does not just sit there. It can grow on itself. Where The Fragility Lives Strategy owns a volatile, non cash flowing asset and has layered cash obligations on top of it. That works when Bitcoin rises, MSTR trades at a premium, and investors are hungry for yield. It gets harder when Bitcoin falls, spreads widen, or investors demand higher returns. Selling Bitcoin now changes the narrative. Bitcoin is no longer just the sacred reserve asset. It is now a liquidity backstop for dividends, reserves, interest, and buybacks. The $1.25B monetization program adds runway, but it also proves the point. Cash promises need cash sources. That creates the feedback loop. If Bitcoin falls, asset coverage weakens. If STRC trades lower, required yields rise. If yields rise, Strategy may need to raise the dividend. If the dividend rises, cash burn accelerates. If issuance slows, reserves get used. If reserves fall, Bitcoin sales become more likely. If those sales look defensive, confidence weakens further. My Take Common shareholders own the upside, but they sit below debt and preferred claims. Preferred holders get high yield, but they rely on Strategy’s ability to maintain reserves, issue securities, monetize Bitcoin, and keep market confidence intact. This is no longer just a Bitcoin bet. It is a Bitcoin liquidity bet, a capital markets access bet, and a confidence bet. Strategy can survive if Bitcoin rises, MSTR keeps a premium, and yield investors keep funding the machine. If two fail at once, the model becomes fragile. The key red flags are STRC below par, dividend hikes that fail to restore the price, reserve coverage under 12 months, unpaid dividends compounding, visible Bitcoin sales, MSTR near or below NAV, and preferred yields widening. The structure can work, but not forever on narrative alone. Eventually, cash obligations meet cash sources. That is where the risk lives.show more

Fun fact: Max Keiser owns more than 1 million... #Bitcoin Of course, he's going to talk negatively about other coins. You would too if you bought #BTC at $1, $10, $100, $1000, and so on. He has so much Bitcoin that he bought out the government in El Salvador. This is a FACT. Bitcoin only has one threat, and this is #XRP. #XRP will overtake Bitcoin and become the #1 asset. Laugh all you want, but the #XRPCommunity will be the last ones laughing. Remember, Max makes the laws! #XRPArmy #XRPHoldersshow more

BREAKING: For the First Time in History, the U.S.... Is Spending More on Debt Interest than Defense. And we just getting started. 💣💥 It might make sense to get some #Bitcoin, just in case.show more

32 coins. $2.5 million. 0.0038% of the stack. That... is the sale the market is now blaming for a $3 billion liquidation cascade and a Bitcoin price nearly halved from its peak. A $2.5 million sale cannot move a trillion-dollar asset. It is a rounding error. In the same week, Strategy raised $128.3 million selling its own stock, 50 times larger. It did not need to sell coins. It chose to. The crash has real drivers: a record 13-day run of ETF outflows, a rotation into AI, a Fed in no hurry to cut. But the accelerant the market keeps naming is 32 coins. The coins were never the point. The signal was. And the signal was deliberate. Michael Saylor told the Q1 call he would “probably sell some bitcoin to pay a dividend just to inoculate the market and send the message that we did it.” His logic was sound: prove the Bitcoin is usable capital, not a vault that can never be opened, and show he is not a prisoner of his own vow. His “never sell” always meant be a net accumulator. He is up more than 170,000 coins this year against the 32 he sold, and he scores himself on one number, Bitcoin per share. By that math, defending the dividend with a sliver was discipline, not distress. The market read it as the opposite. The dose became the catalyst now blamed for the crash. The inoculation became the infection. Because what changed was never Strategy’s solvency. It was its identity. The market has stopped pricing a permanent holder and started pricing what the filings always described: a state-contingent allocator now funding its own preferred dividends, at the margin, from the Bitcoin beneath them. And the buffer is thinning. The cash reserve behind those dividends has fallen from $2.25 billion to $900 million. Against a preferred bill near $1.7 billion a year, that is roughly 6 months of runway. Be precise. This is not a death spiral. Strategy still holds 843,706 Bitcoin, worth more than $50 billion even now, and has more funding levers than almost any company alive. A real rally makes this a footnote, and the sell-side calling the reaction overdone is not wrong on the fundamentals. But the regime has changed. The question is no longer Bitcoin’s price on any given day. It is the cadence of the dividend declarations and the path of that reserve. Bitcoin did not acquire a yield. The wrapper acquired liabilities. This week the market learned that difference costs far more than 32 coins.show more

The Bitcoin Bookshelf is the corner of the library... where people from all backgrounds can come to discover what Bitcoin is. By taking out the intimidation, we will create an environment for us to strengthen the code, the software, and the network behind it. We have created a place for discovery, for families and friends to learn together and teach one another about the benefits of a decentralized future. I want to thank all the sponsors that helped make this dream a reality, and all the authors who donated all of the books for this project. We are working hard to bringing a bookshelf to all corners of the world, a dedicated section in all libraries so everyone can have access to financial freedom.show more

The main reason people are losing their minds over... Michael Saylor is simple: Bitcoin is in a bear market, and everyone wants someone to blame. Even in 2020, he acknowledged that selling can make sense for something essential or deeply meaningful. $MSTR also sold Bitcoin for tax-loss harvesting in 2022. His point was never that no satoshi could ever be sold under any circumstances. It was that selling Bitcoin just to hold another financial asset is stupid. Every downturn needs a scapegoat.show more

1/6 🔥 Fiamma Bridge Alpha Testnet: The First Trust-Minimized... Bitcoin Bridge is Live! 🧡 Please give a warm welcome to Fiamma Bridge and mamaBTC. The first-ever trust-minimized Bitcoin bridge powered by BitVM2 is here☝️ Forget multisig and complicated intermediaries—our bridge relies solely on Bitcoin's consensus, the most secure blockchain. For the first time Bitcoin can verify and punish malicious acts in cross-chain transfers. This unlocks trillions of Bitcoin's value, enabling seamless participation in DeFi and other activities across any blockchain, all in a pragmatically trustless way. 🔗 Test it out now: 🎁 🎁 on the way! [Supports web browsers for now. Mobile and app coming soon!] 📅 In about a week, we'll open the unhappy path testing for BitVM2 to everyone. Join us, initiate challenges, and experience the thrill of Bitcoin stepping in to slash malicious actors and uphold justice! 🔥 Some doubted this was possible. But we built it. Now, it's your turn to try it, break it, and make it stronger 👌 Check out more about the Fiamma Bridge in the thread below! 👇show more

Last night, Elon Musk shared an AI music video... with 4 blatant and direct Q references. 1. “Someone said a storm is coming.” 2. Drop #4559 3. “Where we go one, we go all.” 4. Trump as a storm cloud. What does it all mean? Nothing can stop what is coming and the best is yet to come. Trust the plan, Patriots.show more

What happens if Bitcoin goes to $1,000,000 in 8... years and MSTR never issues another senior or preferred share? No new leverage. No new preferred stack. No mNAV expansion. Just Bitcoin going up and the current structure sitting there. At $63.2k BTC: MSTR implied price: ~$95.71 CEBE: ~143,535 sats/share CEBE mNAV: 1.055x At $1,000,000 BTC, with the exact same mNAV: MSTR implied price: ~$2,086 CEBE: ~197,678 sats/share Bitcoin return: 15.8x MSTR return: 21.8x That is ~38% more return than Bitcoin. Why? Because the senior/preferred claim stack is fixed in dollars. As Bitcoin rises, that claim stack collapses in BTC terms: ~310,379 BTC of senior claims today → ~19,616 BTC at $1M Bitcoin The common equity absorbs the difference. This is what you are getting in exchange for paying the STRC dividends. AMPLIFICATION of BITCOIN. This is what the market keeps missing. MSTR does not need the multiple to expand to outperform Bitcoin. It can outperform because fixed-dollar claims get nuked in Bitcoin terms. CEBE is the lens. Bitcoin is the detonator:show more

TURKEY JUST MADE THE MOST BULLISH BITCOIN ARGUMENT IN... HISTORY. And they didn't even mean to. The Turkish Lira lost 99.99% of its value. Not 10%. Not 50%. Not 90%. 99.99%. $13,980,000,000 in T-bills sold to defend it. It's not working. This is what happens when governments print money to solve problems caused by printing money. Turkey is not an exception. Turkey is a warning. Every fiat currency in history has trended toward zero. There are only 21,000,000 Bitcoin. No government can print more. No central bank can devalue it. No T-bill sale can defend against it. The Lira chart is the most bullish Bitcoin chart ever made. And Turkey made it for us.show more

Lots of upgrades going on in Sharp including a... players lounge area, nutrition station, office enhancements, custom furniture, digital scorers tables, and more. We will “Celebrate Sharp” as we embrace the history of the HBU/HCU program and the players who came through it. A big part of that celebration is upgrading the facility and making it the best it can be as we enhance the student-athlete, fan, and employee experience for all who spend time in the building. We look forward to showing all the upgrades in the coming weeks!show more

Is Michael Saylor about to get a margin call?... No. And the reason is more interesting than the rumor, because what he built instead may be harder to escape than one. A margin call needs a lender who can seize collateral when the price drops. Strategy has none. Its $6.7 billion in debt is convertible notes, the largest tranche due in 2029, with no loan-to-value trigger and no clause that lets anyone take a coin because Bitcoin fell. Saylor learned that in 2022, when he did have a collateralized loan and sweated a liquidation price, then rebuilt the structure so it could never happen again. On the literal question he is right, and the people calling for his liquidation this week do not understand what they see. But killing the fast death created a slow one almost nobody is pricing. To fund his buying, Saylor issued a mountain of perpetual preferred stock that pays a fixed dividend forever, near 11.5 percent, no matter where Bitcoin trades. That annual bill quadrupled from about $300 million in January to roughly $1.2 billion now, while the cash reserve that pays it fell 38 percent this year to near $1.4 billion, after the company spent $1.5 billion in May retiring debt. Put those two numbers together and you get the figure that actually matters, and it is not a Bitcoin price. It is a countdown. Dividend coverage, the time the cash can keep paying that bill, has collapsed from more than seven years in early 2026 to between ten and fourteen months, depending on whose math you use. Months, not years. The market is already pricing it, just not where the rumor is looking. That preferred stock is engineered to sit at $100. Last week it cracked to $82.50, a record 17.5 percent below par. That discount is investors quietly clocking the strain while the timeline screams about a margin call that cannot happen. There is a clean way out, and it is the one door the structure was built to keep shut. Restoring a safe two years of coverage takes about $2.8 billion, roughly double what Strategy holds, and the fastest path there is to sell Bitcoin. But selling crystallizes a $10.6 billion loss, breaks the never-sell promise that gives the stock its premium, and bleeds the very asset the machine exists to hoard. The exit and the wound are the same cut. He already brushed it, selling 32 coins on June 1 to cover a payment. Thirty-two against more than 847,000 is a rounding error in size and an earthquake in meaning, because the company that swore it would never sell, sold, to pay a dividend. And there is a second trigger almost no one has read, buried in the fine print. If Saylor ever simply skips a preferred payment to save cash, the missed amount compounds, the senior layer can ratchet its rate higher, a senior miss freezes payments to every junior layer beneath it, and after enough missed quarters those preferred holders can start taking board seats. No one seizes a coin. But control begins migrating to the people he owes. The clock does not just run down. It hands away the keys at the end. So the honest verdict is the one neither side is shouting. There is no margin call and no imminent bankruptcy. The structure protects him exactly as designed. What it cannot protect him from is a fixed bill that grows while the cash shrinks, where every exit deepens the hole. Sell Bitcoin and break the story. Issue stock into a price near its lowest since 2024 and punish your holders. Skip the dividend and start losing the company by the boardroom. Saylor did not escape the margin call. He traded a cliff for a clock. A cliff takes you in an afternoon and a stranger pulls the trigger. This clock takes months, and at the end the trigger is pulled by the only two forces he swore would never touch it, his own hand, or the people he owes. The rumor asks whether someone is about to call his loan. The real question is how many months he can keep paying before he has to sell the dream, dilute the believers, or hand over the board to keep the lights on.show more

Is everyone talking about the same thing when they... say “interoperability”? It’s a word we hear everywhere – in conversations about tokenisation, digital assets, instant payments and blockchain-based infrastructure. But its meaning often shifts depending on who you ask. At Swift, interoperability is about more than connectivity. It’s about delivering choice and convenience – safely, and at scale. By reducing fragmentation and complexity across the financial system, we can help enable a more seamless global experience. Find out more: #Interoperability #DigitalAssetsshow more