Strategy built the world’s largest corporate Bitcoin treasury.
Strive has a prettier website.
The lengths people go to praise Strive and bash Strategy are getting embarrassing.
The @Strive website is leaps and bounds ahead of @Strategy
A simple and clear message, taking all forms of investors through a concise and informative story.
The MSTR website is a dog's breakfast of information and whilst informative, does not deliver the message that Strive is able to portray via less is more.
Their podcasts are also word class. Bullish both, however Strive has been on a tear the past 12 months.
@CJ_Bitcoin @PunterJeff
$MSTR just bounced off the 200-day SMA for the third time this week.
That liquidity sweep was a thing of beauty.
Paper hands spent all last week crying while the market was shaking out the weak.
Onwards.
Kinda crazy to think that if Bitcoin hits $825k, Satoshi Nakamoto could become the richest person in the world, and we still wouldn’t know who he really is.
Strategy price target raised to $211 from $201 at Clear Street 📈
They believe Strategy strengthened its financial position by issuing common shares to repurchase $STRC and increase cash reserves.
With $STRC trading near par, Strategy may be able to resume preferred stock issuance, raise capital more efficiently, and return to growing its Bitcoin holdings per share.
Thank God Strategy’s management team can see the bigger picture.
While the timeline throws a tantrum everyday demanding another rate hike, management is actually thinking long term.
Turns out running a multibillion-dollar credit platform requires more than a five minute attention span.
Why is $STRC trading just under $100?
Funds and arbitrageurs that bought in the $75-$90 range for the trip back to par are now selling to income investors. That rotation has naturally taken time.
You call me a sycophant while writing victory speeches about your own genius...
The sheep are still demanding Strategy raise $STRC’s yield.
They can’t see the bigger picture.
This is why I believe most $MSTR shareholders won’t make it.
They’ll get distracted by shiny alternatives like $ASST, spooked by volatility, or convinced that STRC buybacks are a waste of money.
They’ll sell long before the thesis has played out.
The road to $10,000 per share won’t be a straight line. It’ll be brutal.
There will be endless FUD, competing narratives, and plenty of opportunities to lose conviction.
Only the strongest hands will survive.
Disappointed to see Saylor congratulate a known grifter in the space.
Next he will congratulate David Bailey...
Strategy has repurchased $193M of $STRC and acquired 267 $BTC. As of 10/18/26, we hold 848,517 BTC and $5.3B of USD Assets. We have also increased the size of our Digital Credit Securities Repurchase Program from $2.0B to $3.0B. $MSTR strategy.com/press/strategy-…
I agree with Saylor that the industry is stronger with multiple issuers, however that does not mean we should be actively promoting them.
It’s like a sports team saying competition is good for the league, then encouraging its own fans to buy season tickets for their biggest rival.
CJ made it clear that SATA growing to 80%, 90% or even 100% of STRC daily volume is not a concern for Strategy.
Even if SATA grew to $10 billion, equalling STRC in market cap, as well as volume, it would be viewed as a positive.
To management’s credit, they have acknowledged that some investors may rotate out of one Digital Credit product to another, but this is viewed as de minimis, or trivial, relative to the larger addressable market outside of the current Bitcoin adjacent ecosystem.
Having listened to this, it is difficult to conclude that STRC hitting par in the near term is being prioritised by Strategy ahead of its promotion of Strive.
Given Strategy understands that there is a substitution effect between Digital Credit products, why would we be promoting Strive while STRC trades below par, if STRC trading at par is indeed our highest priority?
Based on the interview, the order of priorities appears to be as follows:
1) Promotion of Strive
2) Restoration of STRC to par
In that order.
There is nothing wrong with this if Strategy views this as optimal for its shareholders over the long term - if total returns are maximised by this value hierarchy then it is appropriate.
What is peculiar, however, is that this trade off is not explicitly addressed.
E.g they could clearly state they are prioritising promotion of Strive ahead of restoration of STRC to par.
They have acknowledged this implicitly already given:
1) they understand investors may choose one or the other, and
2) they have continued to promote them regardless of this understanding, and
3) STRC is still not at par, against their expectations, despite running through almost $2 billion in buybacks.
Documenting Strategy retweeted
Why Strategy Will Become The Biggest Company On Planet Earth
-> MSTR Path to $5T
-> From Convertible Debt to Digital Credit
-> All Questions Around STRC
What a DEEP DIVE with @CJ_Bitcoin