BitDecoder @BitDecoder

Bitcoin only

"Crypto" is going to zero. Bitcoin is going to 1M+. I've been working on Bitcoin since early 2013 when it was ~$50. First it was going to zero because of Silk Road. Then Mt. Gox. Then governments were going to ban it. Then it was slow technology and it was going to be crushed by all of the other coins. Then Sam Bankman-Fried and FTX were sending it to zero. Now there are new narratives. New people that are far too levered, don't understand Bitcoin, but are somehow here to fix it. Yet, somehow, here we are. A $1T asset. Bitcoin has been the best thing I could have poured my life into over the last 13+ years. Meanwhile, trust in governments and their ability to stop destroying the people and their purchasing power has never been worse in those same 13+ years. At the end of the day, my advice to you: the Bitcoin journey is a hero's journey. You kill your ego. You surrender the idea that you're the all-knower of the future, the main character, and important enough to matter to this thing. Bitcoin doesn't care what you think and it doesn't need your permission. You either have the balls to build conviction in it or you don't. You built Barstool, you know this. There is no free lunch. Nobody gets paid to show up when things are easy. Life isn't charity. Participation trophies are worthless. Those that end up getting paid do so because they build something that was simply too hard for others. Nobody has to convince you of anything. You have to convince you. If you believe in the government and their ability to not print away your purchasing power, sell us your bitcoins. If you don't and you think Bitcoin is an idea worth believing in, have some guts. Your choice. Bitcoin has been and will continue to be successful either way. It's on a journey of its own and it will be there for you whenever you're ready.

The fundamental value proposition for Bitcoin hasn’t changed at all: neutral, permissionless, bearer money. It’s the best hope for the future and hyperbitcoinization is inevitable because continued fiat money printing is an absolute certainty.

JUST IN: $12.6 trillion Charles Schwab officially rolls out Bitcoin trading 🚀

For what it is worth. I am not a "permabull" on Bitcoin, I have conviction. That conviction has been tested repeatedly over the last number of years. Has my thesis changed? No. And that is why I remain confident and patient while taking advantage of deep drawdowns caused by overwhelmingly negative public sentiment.

Good morning. By definition, the last day of a bear market (capitulation) marks the first day of the next bull market. Stay focused, enjoy the ride. And have a great day.

work hard. make money. stack Bitcoin,

JUST IN: Strive CEO Matt Cole revealed why $SATA's cash reserve is exactly 18 months. "18 months is not a random number. It's effectively the longest bear market in Bitcoin's history. That is more than ample to cover any in-depth bear market." The runway is calculated. 🔥

The Human Renaissance: Bitcoin, AI & the Return of Human Creativity Bitcoin saves the time we've spent. AI multiplies what we can do with the time ahead. Together, a renaissance is born. We got paper money and paperwork. Let's give our children Bitcoin and cathedrals (in space)

I came to the Senate as a rancher from Wyoming who believed in sound money. That has not changed. What has changed is that we are finally close to getting this right.

The best-performing asset in history spends ~96% of its life below its all-time high. Read it again. Bitcoin chops, grinds sideways, bleeds, and frustrates holders most of the time. Then, almost no warning, it rips to a new ATH in weeks and goes quiet. 96% is the wait. 4% is where all the returns live. HODL.

Don't be the dumb money buying parabolic AI charts while Bitcoin sits cheaper than Nvidia

Fun fact: Bitcoin hasn't had double-digit inflation in over a decade. It's been under 1% for more than two years now, and in less than two more years it'll drop below 0.5%. Hard money gets harder. Tick tock, next block.

Good morning. Down over 50% from its highs already and out of favor for over 6 months now, there will be a rotation of capital (out of high flying AI-associated names and) back into Bitcoin soon. Prices tend to move violently, though, so I would position accordingly. Have a great day.

$STRC has a self-repairing mechanism that most people don’t really understand. 🛠️ Below par, Strategy stops issuing new shares via ATM. No new capital is raised at a discount, and no new perpetual dividend obligations are added to the balance sheet. This is the case at both $99.99 or $90. The self-repairing mechanism then activates automatically - the farther below par, the more powerful it becomes. Here’s how it works 👇 1⃣ Effective yield increases (higher % return on the same cash dividend). The 11.5% dividend is not paid on the market price of STRC. The dividend is paid on the par value of $100. Think of each unit of STRC as $100 but you can buy it for less sometimes, depending on market conditions. If you buy one share of STRC for $90, the effective yield is 12.78%. 2⃣ Pull-to-par capital gain incentives activate. Strong buy pressure emerges from investors who want the combination of elevated effective yield + capital gains as price moves back toward $100. The higher effective yield feeds the pull-to-par dynamic, which is further supported by the Bitcoin balance sheet continuing to strengthen. Buyers at a discount capture the recovery to par as capital gains. The system self-corrects without anyone having to “defend” a peg (and again for the people in the back, there is no peg because it's not a stablecoin). STRC and similar instruments (such as SATA) rely on free-market incentives and long-term Bitcoin growth to restore equilibrium. If liquidation events (like we saw last week) push STRC below par, it simply trades below par. STRC below par does not negatively affect the dividends; it only affects short-term capital that wants to exit immediately. If STRC required active defense, that would actually be a weakness. Structures that cannot bend under stress will break. Now let's run some numbers to get an idea of the actual incentives for the market. As STRC is a perpetual, we'll go with a one-year time frame for recovery to par. And let's use the $90 IPO price. Effective yield (what you actually earn in dividends relative to your $90 cost): 11.50/90 = 12.78% Pull-to-par capital gain: (100-90)/90 = 11.11% Total return on your $90 investment: (11.5 + 10)/90 = 23.89% *Note this is a simple sum approximation. As dividends are paid semi-monthly throughout the year, the actual realized return is slightly higher if you factor in the timing of cash flows. So this ~24% one-year total return profile (yield + cap gains) is exactly what makes buying below par attractive for total-return investors. It turns a temporary discount into a high single-year payoff (or shorter) while the self-repairing mechanism does its work. To reiterate what I said previously, there's nothing for @saylor and @Strategy to do here. No need to raise the coupon, no need to increase the cash buffer, or anything else. They could do those things of course, but it’s not a necessity. STRC is working perfectly as designed.

JUST IN: Michael Saylor's 'Strategy' buys 520 Bitcoin worth $35 million.

JUST IN: Brazilian public company @ORANJEBTC (OBTC3) buys an additional 18 #Bitcoin and now holds a total of 3,822 BTC. Oranje has committed to buying 1 BTC for every goal Brasil scores in the World Cup. Bring on the golaços for A Seleção! ⚽️🇧🇷 🔸Bitcoin 100 Ranking: 23🔸

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Why Bitcoin Is the Last Defense of Free Speech and Individual Freedom w/... youtu.be/WBDcN6xL2Xw

Strategy has increased its USD Reserve by $300 million to $1.4 billion and plans to continue replenishing it to support the credit quality of its Digital Credit securities. We also acquired 520 BTC for $35 million, increasing our $BTC Reserve to ₿847,363. $MSTR $STRC strategy.com/press/strategy…

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