🔥 Bitcoin correction still shows no sign of capitulation 👀
According to on-chain data, seller exhaustion has not yet been reached.
#Bitcoin #BTC #Crypto https://t.co/yhRKGKja8V
🔥 Bitcoin correction still shows no sign of capitulation 👀
According to on-chain data, seller exhaustion has not yet been reached.
#Bitcoin #BTC #Crypto https://t.co/yhRKGKja8V
BITCOIN WIZARD VINDICATED - CEBE - THE TRUE MEASUREMENT OF BALANCE SHEET ACCRETION
"You would calculate Satoshis per share on a net basis attributable to the common stock shareholders after subtracting the liabilities." - Michael J. Saylor - June 10th, 2026
This has been obvious to me for a long time.
Even more obvious as Strategy said on the earnings call that 1.22x mNAV is "breakeven".
Even more obvious when Strategy broke down the amplification formula when talking about expected return on digital equity.
They presented the NAV $ version of MSTR growth that maps 1:1 EXACTLY with CEBE.
Show everything. Make it simple.
There were three transactions this year that were "dilutive" in BTC Yield terms but accretive when you factor in the entire balance sheet.
Lance Vitanza on the earnings call brought up these "dilutive" weeks and Strategy was forced to apologize for WINNING.
Declaw the bears. Show everything and be done with it.
More at https://t.co/jG7DMpy6uP
The moon landing was irrational. The internet was irrational. Bitcoin was irrational. AI was irrational.
Many of humanity’s greatest breakthroughs began as ideas that seemed impossible.
My latest keynote: The Strange Success of Irrational Humans https://t.co/0QTPilKny6
Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.