Brian Brookshire (Bitcoin Overflow)

Look, the strategy is really simple. Keep DCA-ing into #Bitcoin. That's it. Seriously, you can stop reading here.

Today, in fact, might have been BTCTC capitulation day. We'll see what the coming days bring, but for now $MTPLF is orange again in the land of the rising sun on the dawn of a new day.

Adam Back tried to buy so much $MTPLF today that his orders didn't all fill. If you capitulated Metaplanet shares today, say hello to their new owner.

$NAKA has $700M in escrow that unlocks following the expected closing of its merger on Aug. 11. Probably nothing.

The @UTXOmgmt / @nakamoto premium on BTCTCs just went way up. The capital rotation in the sector has made people realize there is only room for one major player in each non-US market. Companies without industry names behind them will have a much harder time securing dominance.

The long-term capital and credit market arbitrages that make BTCTCs possible aren't going away anytime soon. Bitcoinization is a multi-decade project. The ability to simply stay the course with conviction will be a large factor in separating winners from also-rans.

I'm far more bullish on $STRC than any of Strategy's other preferred stocks to date. Large scale institutional adoption of STRF/K/D is not really here yet. STRC, however, fills a more pressing need today that complements demand for $MSTR--a place to park short-term cash.

Excellent visual depiction of my point from earlier. Looks like $MTPLF is on its own 5-6 month cycles.

Hold up. 50 million H100s. 🤔 H💯DL.

The current $MTPLF environment is very much like 4 months ago. And the 4 months before that. And the 4 months before that. Almost like it's cyclic.

$MTPLF MSW program functioning as intended. No selling into weakness. mNAV compressing. Weak hands rotating to strong hands. We've been here before.

Beautiful new analytics dashboard for H100 $HOGPF $GS9. Powered by @StrategyTracker.

Feels like BTCTC capitulation week. $SWC led with a possible bottom last week. Perhaps the rest of the sector finds a bottom this week. Consolidate for a few weeks, start grinding back up.

H100 $HOGPF's new $GS9 listing on the Frankfurt Stock Exchange will resolve access issues for many. Notably, the listing makes it available to IBKR users worldwide.

I have yet to see an official disclosure of the actual number of BTC purchased, but $DJT is now reportedly the 5th largest bitcoin holder after deploying $2B today. Unclear how much of DJT's $12B prospectus remains specifically for use on BTC purchases. But, likely more to come.

People have often described $STRF and $STRD as the new money market accounts, but really their volatility makes them poorly suited to short-term cash holdings. Provided Strategy can stabilize the price as well as advertised, $STRC is much better designed for this purpose.

What if you could buy shares of $ASST with bitcoin, but without paying capital gains tax on the bitcoin gains to do it? Strive has found a clever way to do this with a Section 351 exchange. (Not financial or tax advice)

People are saying $STRC is a $MSTY killer. But it isn't. I would like it to be. It would be awesome to see MSTY's AUM flow into STRC and fuel BTC buys. But that's not what will actually happen. The reality is that there is very little overlap between the types of buyers.

New Strategy preferred stock! Saylor is tackling the bond market segment by segment. $STRC will be a variable rate pref tied to SOFR.

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