21,000,000
Twenty One Million
That's how many bitcoin there will be.....forever.
Minus any that have been lost forever.
The "float" will be MUCH lower, as a certain percentage will hold and not be for sale or out of circulation for many years.
Think of each Bitcoin as a "share" in a company; Except, this company is not selling one product.
It's the purest form of capital/currency/commodity/store of value every created.
And, it was just created roughly 15 years ago.
And just recently, starting to become accepted by traditional finance for it's investment/store of value.
Hardly a soul owns any.
Apple has roughly 15 Billion shares outstanding. If AAPL had 21,000,000 shares outstanding each share would be valued at roughly $238,000 each!!!
And AAPL is ONE company.
Bitcoin is an asset class.
The future potential price of each Bitcoin is GROSSLY misrepresented. UNDER by probably/potentially 1000sX.
Yes, it will take time, but imo, your grandchildren can prosper if given a small holding now.
NFA but the potential is unlike anything you ever had in your lifetime.
One of these days, likely an unexpected weekend, Bitcoin will make a move. Traders especially like to grab shares of correlated assets on Friday, only to watch the weekend move. Then, the hated gaps higher on Monday.
Then as it's moving higher, the usual pundits screaming watch out as all gaps get filled.
The trading is messy enough to see it happen......sooner than later.
Surprise me. Do I sound surprised?
Long term, I think MSTR will be a huge beneficiary of the value being created in the Bitcoin Treasury space. Scale creates more scale.
Having roughly 850,000 bitcoin now. Likely 1,000,000 in 2028.
After Strive completes their IPO, I have little doubt a permanent bid SATS, SATA, and critically, STRC have in place will be the result of the game changing flywheel "invented" by Mr. Saylor.
Improvements will come.
Mistakes will be made.
More improvements, and eventually, new use cases for Bitcoin.
The players with SCALE will capitalize.
MSTR will not only be the leader. I foresee them being the equivalent of Secretariat in Horse Racing.
But, Strive can be Sham. And that ain't too shabby.
STRC--ASST and related--
Today, we enter the twilight zone.
Warrant window ends.
STRC may get back to par.
Bulls are snorting.
Bears are doing their thing before hibernation.
Personally, NFA but I am preparing for what comes during the next adventure.
Have plenty of the preferred for income to weather the ride.
T minus 00:0444
Bitcoin and the flywheels;
So, we know MSTR is gearing up, supporting the PPS of STRC to get back to par. We know, to keep it at par, if necessary, they will raise the dividend.
We know SATA will remain competitive and ASST will rely on it to fund their bitcoin purchases.
We know Metaplanet is embarking on it's own plan to use a flywheel to add to their bitcoin treasury.
Smarter Web, and an assortment of other small Bitcoin Treasury companies are gearing up.
Yet, for the time being, Bitcoin appears to be consolidating yet again.
How and when Bitcoin surprises the markets is just like this. You expect it to go higher, and it dips. You expect it to go lower, and it rises, only to dip again.
I listen to dozens of "narratives". Usually, after the fact, and even then, mostly wrong.
I love Bitcoin.
I continually add.
No time restraints or ex dates to worry about.
And, I chuckle reading the narratives.
EVERY pundit gets proven wrong.
NFA, but just add, and be patient.
How long must you be patient?
Forever.
Digital credit is the flywheel providing fuel for amplification of the common stock of MSTR and ASST.
others will attempt to copy and some will succeed.
But digital credit will also be a new standard set in the world of high yield instruments not just for retail. More so for institutional investors such as insurance companies once bitcoin becomes accepted.
Rating agencies are lagging but will be forced to accept the inevitable.
When, not if this happens, the fomo will be beyond shocking.
nasdaq.com/market-activity/s…
What would you pay for a never ending, perpetual call option on MSTR with a strike price of $1,000?
Well, how's this thought?
The stock market pays YOU 10.65% annual.
STRK current PPS $74.24 pays an annual dividend of $8. Shortly, they will pay you DAILY!
And for that return you also get a perpetual call option.
NFA.
ASST
Anyone watching the trading should conclude today is indicative of very high relative strength.
With Bitcoin lower after the knee jerk reaction to inflation, and interest rates needs to take a step back.
After all this is digested, the money printer will likely not only continue, but money supply shall grow even faster.
Interest on our national debt is growing. And, although I have nothing against paying every adult $5,000, (lol) that's $1.3 Trillion going out.
Also, not defining the reason why ASST is rising on some relative strength, but remember, we have roughly $700M of warrants coming due with conversion price of $27. Most or all that money will buy bitcoin, and possibly build cash to pay future SATA dividends.
I think with some cooperation from Bitcoin, which should happen in the coming months, ASST could be a 2X within 6 - 8 months......believe it or not.
NFA
S+P Re-Balancing and inclusion tomorrow?
Does S+P announce their re-balancing after the close tomorrow?
In the coming days, as STRC gets back to par I am looking forward to see if "organic" STRK buying ensues. Not supported by Strategy buying. On it's own.
Also, will Mr. Saylor raise the STRC dividend, if STRC buying does not resume?
Technical analysis and charts generally reflect a "map" created by sentiment. Volume rises and falls, direction maintained or changes. Past 2 days Bitcoin volume, Bitcoin ETF volume both rose drastically while price rose. Fundamentally, the news seems to point to a Clarity Act decision coming to a head with President Trump emphasizing he is behind it.
In September, it will be decided, and sometime between now and then, the "market" will decide, right or wrongly, if it believes it will come to pass.
Bitcoin is going to do what bitcoin ALWAYS has and will do. Regardless of the Clarity Act.
We have been at the 200 week MA and have tested that level successfully. Those who started DCAing are taking a very calculated and historically favorable risk, weighing the risk VS reward.
As I have posted often, I am fully invested with large positions in MSTR, Bitcoin and Strive. And, a outsized position in STRK, which pays me while I wait.
NFA, and GL to all.
You just said it's one of the 6 largest balance sheets in the world.
10 years from now "everyone" will look back and say they missed it?
C'mon........we didn't miss it.
We're just all hopeful the PPS gets back to where it was, which "we expect" once Bitcoin goes parabolic again and our "bitcoin per share" metric plays out.
We LOVE bitcoin and love owning a company with the most bitcoin.
But we live on fiat, so in the meanwhile, I live off STRK,STRC and SATA.