MSTR Today: Michael Saylor takes it to the next level with this Bitcoin purchase...

0:00America leads the world in medicine development. It matters. We get new medicines first nearly three years faster. Five million Americans go to work because we make medicines here at home and not relying on other countries keeps us safe. But China is racing to overtake us. Will we let them or will we choose to stay ahead? When America leads, America cures. Let's tell Washington to keep us in the lead. Learn how at americancures.com. Pay for by Farma. This episode is brought to you by Indeed. Stop waiting around for the perfect candidate. Instead, use Indeed sponsor jobs to find the right people with the right skills fast. It's a simple way to make sure your listing is the first candidate see. According to Indeed data, sponsor jobs have four times more applicants than non-sponsored jobs. So go build your dream team today. With Indeed, get a $75 sponsor job credit at Indeed.com slash podcast terms and conditions apply. It's March 8th JLD here. And welcome to MSTR today

1:03and the treasury titans nothing in this video is financial advice. And Michael Sala wants us to know that the second century begins it has begun. This is the 102nd purchase of strategy when it comes to Bitcoin. And man, is it going to be a solid purchase? It's going to be the biggest stretch per purchase ever based off the stretch ATM of somewhere around 4,000 to 4,500 Bitcoin. It'll be in that range probably somewhere in the middle there. And then I'm expecting MSTR to at least double that maybe even a little bit more again. My number is 11,356. There was a lot of great guesses in the comment section yesterday. If you missed out guessing in the comment section yesterday, go ahead and drop in what your guess is for tomorrow's announcements 11,356. My total guess could be more could be less. I might be exactly right. But no matter what happens, the second

2:06century has begun. And to me again, just like a lot of Michael sailors words, he chooses them very wisely. I mean, this is a new era. This is like a new era of stretch finding its groove, you know, just being in a place where it's going to be able to ATM 10 days a month, 11 days a month, 12 days a month. I mean, we'll see what happens come a week from tomorrow when the snapshots over. And, you know, usually, I'm sorry, stretch drops a dollar or two at that point. Sometimes even more depending on Bitcoin sentiments. How long is it going to drop after the snapshot when people sell to take their money elsewhere for a couple of weeks before coming back to stretch to get the next snapshot? We'll see. Time will tell. But again, the day relentless buying pressure has been coming in. We have begun a new era. The second century has begun stretch is absolutely in Fuego stretch is absolutely on fire. And I just don't see anything disrupting this flow except

3:16for a potential massive drawdown in Bitcoin. It wouldn't just be a little drawdown. It would have to be a massive drawdown in Bitcoin to really disrupt this flow because if sentiment improves with Bitcoin, if Bitcoin price starts pumping and starts improving, wow, watch out because we are off to the races. Okay, now we're moving on to Irmae who just wants to comment that there be relentless purchasing of Bitcoin means up is the only long-term possibility. Who knows what the short or midterm possibilities are? It's it's either up or down. But the long term is it's up is the only possibility. And Zinc says thousands of us around the world wait for this announcement every Sunday. I'm predicting more than 250 million raised from stretch, which will be at least 4,000 plus Bitcoin if we account for the MSTR ATM that we could perhaps double it. Either way, it's going to be pretty big. And I'm going to say Zinc's just throw a number out there. Give us a number. What do you think? I'm going on record 11,356. Let's have some fun. I mean, come on. We

4:19know there's over 4,000 stretch ATM. We know how to go to stretch dot live. So let's get a little more detail here. Chris says, I'm expecting record numbers from stretch tomorrow. And I wrote same in our record week because I mean it's going to be a big week and all likelihood. Again, the only thing I think that could stop this week from being big smaller than last week. Or I should say again, the only thing that I think it stopped this coming week from being bigger than last week would be a massive drawdown in Bitcoin, which we all know the world's crazy right now. So who knows what's going to happen. But man, I'm loving it. I really am. Okay. The Bitcoin strategy says Ford didn't invent the automobile. Rockefeller didn't invent oil. They refined it and scaled it for the world. Sailors doing the same thing with Bitcoin. Bitcoin is the commodity strategy is the refinery. And look at this strategy is the standard oil of Bitcoin inputs crude oil. What do they do at low temp? You get petroleum then all the way down to heating oil diesel jet fuel and gasoline

5:22down at high temp high temp. That's that's the output. That's refined oil. Input raw Bitcoin low vol dividends. You know, we're talking like stretch basically. And then as you go higher convertible bonds, which by the way, will be gone from stretches balance sheet in around four to five years. Equity leverage ETFs. And then of course options. So I'm pretty heavy on one and three here. Of course, I have zero convertible bonds and never will. And those are going to be gone soon. And then you know, the options, you know, there's those people that really have taken the time to understand that game. And I commend them for that. But at this day and day and age, I'm just happy holding equity for a long time. Because strategy is a Bitcoin refinery. You've got the input raw Bitcoin. And then you've got strategy. Stretch, stride, strike, strife, convert, MSTR ETFs options. All the way through. And then strategies made a strategic strategic decision to secure ties Bitcoin as an asset class, Michael sailor. Let's flip in. Go. We got CJ in the house.

6:27The beauty of the strategy business model is that scale doesn't diminish the return potential. The return potential at 50 billion is the same as it was at five billion and will be the same at five hundred billion. One percent of the tam total dress market is just five trillion MSTR and stretch. What else do you need? I don't know. I honestly don't. And CJ says credit layers on top of Bitcoin are finally maturing. The combination of stretch and Bitcoin back to loans is going to trigger the short squeeze of the decade, speaking of which APYX wants us to know that they are one step closer to becoming the largest stretch holder. On-chain digital credit is taking over a new era of stablecoins has become an APYX has 40 million dollars locked and stretch. And you think they're slowing down? No, they're only speeding up. And Mike Alfred says the first Bitcoin boom market since 2021 started on February 6, 2026. Strap in. The next boom market could be more like

7:312017. Do not f it up. All right, let's see if Mike is right. Only time will tell, but I will tell you what Michael sailor has a great clip coming at you. And as soon as you get back from thinking our sponsors, we will dive right in. If you're building in the Bitcoin era structure matters, treasury strategy, capital allocation, entity structure, it all starts with a solid foundation. And when you're ready to form your business the right way, Northwest register agent helps you do more than just file paperwork. With Northwest, you don't just create an LLC. You build a complete business identity from day one. That means registered agent service, a real business address, operating agreements, domain website, professional email, phone number, and built in privacy. No juggling vendors, no sketchy upsells, no selling your data. They've been doing this for nearly 30 years and they're the largest registered agent and LLC service in the US with over 1500 corporate guides, real humans who know your local laws and actually pick up the phone. Northwest handles everything in house, which means fewer hands on your data and privacy by default

8:36for every customer. Don't pay hundreds or thousands of dollars for what you can get from Northwest for free. Visit Northwestregardagent.com slash JLD free and start using free resources to build something amazing. Get more with Northwest registered agents at Northwestregisteredagent.com slash JLD free. All of that brings arbitrageers who think that someone misprice something and they want to sell that to buy that and hold that and get rid of that. Every guy with a Bloomberg that thinks he's smarter than you are and maybe is and maybe isn't, but it doesn't matter, right? I mean, because they're bringing capital to the party. The entire thing is just a massive reflexive flywheel because the more stretch we sell, the more Bitcoin goes up in price. The more stretch we sell, the more MSTR capital grows. As capital and MSTR grows, liquidity grows, we raise more equity

9:36capital. The Bitcoin price goes up. So we're driving MSTR, driving Bitcoin, driving stretch, and of course soon to be driving this entire ecosystem of digital money and digital yield. Everybody that's upstream to us levered a Bitcoin is in the ecosystem. Everybody downstream to us levered the stretches in the ecosystem. Who are we competing with? None of those people. We're competing with under collateralized junk bond issuers that are going out of business in six months that are offering you five percent yield and somebody's buying that garbage, right? And so, yeah, at some point really distressed credit issuers are a liquid private credit. They will find it harder. Look, nobody's going to stop buying tea bills because of this stuff. You don't got to worry about that. We're not competing with the US government. We're competing with the marginal borrowers issuing illiquid low yielding tax inefficient junk bonds, high yield bonds, private credit, and other types of garbage-y credit

10:42instruments. And then the ones that sell things over the counter that you can't legally buy. And we're actually making it available to you. So who wins? The world wins. The digital asset of communists, everybody wins. And how big is the market? Well, there's $300 trillion of garbage credit right now. And it's probably going to double over the next 10 years. So if you can get 5 percent or 10 percent of it, there's a 50, 60 trillion dollar opportunity. What do we need? We need you. We need you to go tell people that this is an opportunity for the CFO or the Treasurer. Tell your retired dad that maybe this is an opportunity to put it in the retirement account, talk to your credit investors, talk to digital assets investors. If you run a business, think about getting rich off of this. Create, you know, get the first license to sell digital money in Poland or the UK or France or the UAE or Japan or Brazil, you know, or put it on a crypto

11:48network or put it in ETF, right? What is the thing that everybody in the human race wants more of? Money. It's the universal utilitarian product. Everybody wants more money. So I admonish all of you to go out and make some money. They're make it for yourself or make it for your customers or make it for your friends and family. And do it because it's the right thing to do. And it could never be done before. And 30 years from now, everybody will have already done it. Thank you for your time today and for your support. What's the second best? There is no second best. Ryan Reynolds here from Mint Mobile, the message for everyone paying big wireless way too much. Please, for the love of everything good in this world, stop. With Mint, you can get premium wireless for just $15 a month. Of course, if you enjoy overpaying no judgments, but that's weird. Okay, one judgment.

12:50Anyway, give it a try at MintMobile.com slash switch. Upfront payment of $45 for three month plan, equivalent to $15 per month required, intro rate for three months only, then full price plan options available, taxes and fees extra, see full terms at MintMobile.com.