I'm going to repeat that but people don't realize how awful BTC would have to get for Saylor to really be taken out

Rob shares his thoughts on Strategy's sale of 32 BTC: "Now all of a sudden the market sees it as he's probably priming us for more sales. And it looks like a Ponzi all of a sudden" "In the same way it can go up it can come down really reflexively" "The fact that we continue to put our hope for the industry in financial engineering and not real world use cases is a big part of the reason we're in the situation we're in" @HadickM

Santi shares his thoughts on Strategy and why its a ticking time bomb: "As soon as you degrade trust whether you sell 32 Bitcoin or 1,000 it doesn't matter. Now you've sold. Game over" "Eventually arbitrage strategies blow up. It's just a ticking time bomb on a highly volatile asset" "To me, I think it goes way below $40,000. I mean this could be going down to $10K" @santiagoroel

Best announcement Saylor could do on Monday is that they sold $5bn of BTC for cash this week The problem is that I think it's quite likely they didn't sell any bitcoin

Michael Saylor's bitcoin position is now down over $12.5 billion And Tom Lee's ETH position is down over $10 billion I guess they should have listened to me and sold when I did. It's time to stop following the "smart money".

i keep seeing this take. why do you guys all think it matters how much Strategy sells or does not sell any given week? Strategy can sell coins or shares at any time, whenever they want. they could perform the sales now or they could wait until T+1 or whatever before each ex-div date. the cash reserve helps inspire confidence but it is not necessary. and there is no magic 6-month runway number where STRC goes from being worth $99 to suddenly being worth only $92. in fact, selling coins at an mNAV >1 is dilutive to shareholders and they should absolutely not do that. they should sell shares if they want to raise cash. should strategy have raised cash before BTC nuked? duh. but the asset you should be worried about is $MSTR, not $BTC. only when MSTR (i.e. the mNAV) starts suffering should you have to worry about BTC.

Saylor selling bitcoin isn’t the problem. Selling it from a position of perceived weakness is. That’s what creates real FUD.

Gary Cardone: Bitcoin treasury companies failed. They are a disaster. Do you think $MSTR failed?

What now? There’s nothing to say—just lie low, wait it out, and let the market drop however it wants. As long as you don’t get liquidated, there’s always another day. If you do get liquidated, then it’s another half-life of effort wasted—simple as that. Don’t blame yourself, don’t regret buying the dip too early. Take a look at the unrealized losses of top institutional traders: trading isn’t right or wrong, high or low—it’s just bad luck. On-chain analyst Yujin posted on X that Michael Saylor’s Strategy currently has an unrealized loss of $12.456 billion, a 19.5% drawdown; Tom Lee’s Bitmine currently has an unrealized loss of $10.362 billion, a 54.9% drawdown. Bitmine’s ETH holdings are down more than half, while Strategy’s unrealized loss percentage is around 20%, yet its dollar amount exceeds Bitmine’s.