MSTR Today: MicroStrategy's Bitcoin Strategy Just Got Real

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 5th. JLD here and welcome to MSTR today

1:02and the treasury titans. Nothing in this video is financial advice. The microsealer wants us to take the orange pill. He's obviously already taking the orange pill. Have you taken the orange pill? I have taken the orange pill. I swallowed it as Bitcoin hovers around 73,000 right now at the time of me recording this at 6.21 a.m. Eastern time. And microsealer says guess what? We can buy more Bitcoin than they can sell one more time. We can buy more Bitcoin than they can sell. He is proving that with stretch, having a $150 million in volume just yesterday, $200 million the day before they have bought over 3000 Bitcoin just this week and it's only that's only the first three days. We still have Thursday and Friday. Will they get to 5,000? Maybe. Maybe. I mean, probably more around 4000 for being honest, but that's a massive, massive number. You match that with what they're going to do with the MSTR common and it's going to

2:04be amazing. I had to write Bitcoin to 1 million and that's a start. I truly believe it. So thank you for those 24 hearts. Appreciate that guys. Microsealer says choose your Bitcoin. You have MSTR, which was up 10 and almost a half percent yesterday up to 146. You have iBITS, which was volatile as well at 7% nice little gain for for iBITS. And then you have stretch flat as a flippin pancake. Point up 0.04% as stretch is performing exactly as the dream. No volatility just giving you your 11.5% return tax free or tax deferred because of rock return to capital as we speak. Fungley says doctors recommend a daily stretch routine. What is he referring to? Obviously you know and I know, but for anybody out there that's kind of scratching their heads. He's talking about

3:07stretch STRC. The perpetual preferred because guess what? It is the cure to all financial deals. Mark says, stop selling your Bitcoin to MSTR because microsealer is just buying. He's just buying. He's just buying. He's never going to sell. I am looking forward to at least 10,000 Bitcoin being bought this or announcements this coming Monday. I think that over 10,000 going to be bought this week. That is my guess. That is I'm going to have a more direct number on Saturday after we see what stretch shows the next two days, but I'll give you my my educated guess this coming Saturday on how many Bitcoin microseller and strategy bought this past week and they're never going to sell. Chris wants us to take a moment to acknowledge something stretch has been trading at or above par all week. This is one during a bear market to with Bitcoin down almost 50% from his all time high. Three when indexes were down on the week. Four during a full scale full scale

4:09war in the Middle East. Five stretch is less than eight months old. Do you understand how bullish this is because of Chris understands and Chris is not a premable. He is a very conservative guy. If he thinks it's bullish, it's flipping bullish. Mark says another strong day for stretch ending with 149 million volume. All the volume was above par. That's what I love. All of the volume was above par 100% of the volume was above $100. So $149 match with yesterday's 201. The daily four is 143. They are on fire. February 5th was capitulation day says mark and this is in response to James post about how Bitcoin bottoms on the same day as MSTR's Q4 earnings call. The market was pricing in bankruptcy on an eight billion in eight on eight billion in unrealized losses. This is what you have to realize. This is who we're dealing with. These are the fudders. These are the short sellers. They literally thought MSTR was potentially going to go

5:13bankrupt. So they drove the price down to 106. A generational entry opportunity and man, I'll tell you, I dollar cost average on that day and I'm proud to say it. I wish I had bought more but I'm just sticking to my guns. I'm dollar cost averaging every single day. So February 5th was capitulation day and it's only been up from there. Where are we going to go? Well, Bitcoin's around 73,000 at the time of this recording. Who knows? Could be a drift back into the 60s. Sure. Could shoot up into the 80s. Sure. Time will tell. Zinc says the bulls have been saying this for months. It's a matter of when, not if the Bitcoin price goes up. Sailor is buying forever. The plebs are buying forever. The institutions are buying forever. It's just mathematics. Do not squander this one to the lifetime opportunity. And I think about this a lot by the way. I have a two year old son right now. I look at him and I say, are you going to be disgusted with me

6:14in 20 to 30 years when I tell you that I had the opportunity to buy Bitcoin in the 60s and the 70s and that I had the opportunity to buy MSTR in the in the 100s in the in the low to mid 100s. Well, the answer is no. He's not going to be disgusted with me because I am buying. I'm not selling and I'm never selling because I believe in this thesis 1000 percent. Dan says people starting to figure out that stretches the most important product in the entire Bitcoin market and Jeff says the plumbing has been upgraded. Chris says when people criticize the MSR business model, what they don't realize is there was always going to be an entity that issued Bitcoin back credits. The world needs an entity that issues tailored Bitcoin back credit products at scale. It is the natural evolution of Bitcoin. If Michael Seller didn't come up with the idea, someone else would have and guess what? They wouldn't be as awesome as Michael Seller, period and the story. Chris says the average mind can't comprehend the level of conviction

7:19and ability to execute that Michael Seller has. He is relentless laser focus laser eyes following one course until success. VD wrote he might be more famous than Satoshi in the future and honestly it's true. He might be. Metaplanets up 17.41 percent in Japan. Giggity says Adam, both him and I have very nice size positions in Metaplanets. Both of us are obviously down on those positions, but it's nice to see this recovery happening. Jeff says for a glimpse into normy view of digital credit, look no further than at Jason himself and crew publicly displaying supreme ignorance to the largest story in corporate finance bewilderment is intensifying. I'm about to play this three minute 35 minute clip from Jason, but I wanted to read this by Jeff first. The alpha and education gap is real. These guys have literally the best AI tools on the planet at their fingertips to explain the business model. Yes, publicly admitting they don't understand and clearly haven't tried

8:21to understand. I think this is a key key sentence. They clearly haven't even tried to understand and that's what so many of the bears are in the same situation. That's why they're so frustrating because they haven't even tried to understand and you're just looking at them and you're like, you're just not even taking a couple hours of your really just pathetic knowledge life and learning about this. So you can at least, if you're so bearish after you learn about it, okay, so you at least educate. We can at least have a conversation about it, but they're just so clueless and then Chase says, but they really tried to understand it. Ha ha. And then Max, he says, that's just hard to watch. I couldn't get through it. Well, we're going to try to get through it right now. I'm going to go ahead and play this. So sit back, relax and enjoy. Do you have any thoughts on micro strategy, you know, basically buying, I don't know if he's up to seven or eight percent of the of the non dead float, you know, the active float, you know, not the Satoshi wall,

9:25it's that have been dead since inception, but what has that done to the the game, the religion, the project known as Bitcoin in your mind? To acquire as much Bitcoin as possible is a very smart strategy. And I don't know all the nuances of like how the financialization of strategy itself works. I don't think any of us, but the thesis, the thesis is valid. I don't know. Logan, I'm not sure that anybody I've really tried. Oh boy, there's layers and layers of ways to participate in the game, known as micro strategy, your thoughts, Logan. Yeah, so I'm a full disclosure, a holder of MSTY. So I've enjoyed in the in the yield. And right now just for the record, it is yielding 285 percent. And so not not financial advice, but but I did play it that way because I did not want to have direct exposure or ownership because to your points, I have no clue as to how he's

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11:33slash JLD free and start using free resources to build something amazing. Get more with Northwest registered agents at northwestregisteredagents.com slash JLD free. That takes me to an issue of digital money and digital yield. So I told you I showed you how to make money. Okay, I'm not saying just buy stretch as an individual or your company should buy stretch. Those are the two obvious ways to make money. But what we've observed is you can take digital credit and you can use it as the building block for digital yield and digital money. You can step it up or step it down. It's like sucralose. It's a universal sweetener, right? It is the active element of money making. So where we've got a product which is 11% with like a wall of 10 to 20, you can cut it in half and you can create an instrument that pays seven and a half percent with much lower or you can double it or triple it, amp it up in order to create something that pays 18% or 24%.

12:39Okay, so I can dial it up and down, but let's take this idea a bit further. Stretch as digital credit, digital money I would define a zero-volatility daily liquidity instruments. If you give someone zero-vol and liquidity every day, you've created a high-powered money. Digital yield is non-zero volatility or illiquid. There's nothing that says you can't lock up the money for three months, lever it two to one, right? And maybe strip the ball or leave the volatility, right? You can do that as well, but I wouldn't call it money. I would call it yield. Now, the big idea is digital credit is programmable. And most people think programmable means like, oh, yeah, I want to like do something computer-y with it. No, I've got a much bigger idea for you. Programable means I take the credit and I create it. I turn it into a token, a private fund, a public fund, an ETF, an ETP. I make it a bank account, I make it a crypto account. So I turn into

13:44a type of credit. Then I put it on platform, the NASDAQ, the London Stock Exchange, Solana, Ethereum, Binance, Coinbase, I put it on Aladdin, I put it on a Fidelity Neutral Fund system. I offered the Morgan Stanley or JP Morgan's private wealth system or the Maryland system. There are a lot of different platforms. I can put that on. Then I decide how much volatility I want. Turn it down to zero, turn it up to 25. You can strip the ball by creating a volatility buffer or a ball to reserve, or you can leave the ball or amthiball. That's a decision, you make. Then liquidity. You can offer people hourly liquidity. You can even turn the yield into streaming yield, stream the yield every hour, every day, every week. Or you can turn it into, hey, it's a

14:48private fund. It's a seven-year duration and will give you the ability to extract 10% of your capital every quarter. Or you can create liquidity or staking time. You can stake it, by the way. If you think about the DeFi idea, you can stake this for 30 days, stake it for a year, you can lock it up, you can unlock it, and then you decide how much yield you want. I mean, probably you're not going to crank it down to less than five or four percent yield, although. The guys at Hope, they said, well, if we just take European money markets and we add 10% stretch, we go from a money market to paste 200 basis points in euros to 300 basis points in euros. 10% makes it 50% better in Europe. You could actually create something which is a world beater, right? Even with a small increment, it's like, how much sucralose do I have to put, you know, sugar or whatever? How much do I put in the food or salt to actually make it taste good?

15:52So you can crank the yield up to 30%. You can crank it down to 3%. You can convert the currency to yen and euros. These are all opportunities to add value. And then once you've done it, right, is it a fund? Is it a coin? Is it an account? How about your bank just pays 8% to everybody tax-free, right? I mean, what was the big idea? Just wire me $100 billion. I pay 8% instead of, you know, JP Morgan pays 2% after tax. Well, what are you going to do? Anything else? No. Just that. It's like my message to the Emirates is like, you know, the UAE has a $253 billion dollar a year gross national product. Why don't you just have, you know, banks and the Emirates pay 8%. People will wire you 10 trillion dollars, take 100 basis points of that. And now you just increase the gross national product by 50% with 12 people. Well, what are we going to do? We're

16:55just going to collect their money. It's not, it's like too simple, right? But oftentimes, what you'll find is people will go jump through a hoops when and juggle chainsaws and feel like they're making progress, but when you give them the simple idea, it's like too good to be true. They're a little ηyè to be simple, yeah. We'll just offer the bank account that pays you 8%. What's the second best? There is no second best. There's no second best. It's only best. There's no second best. There's no second best. Nothing fatlite. There's no second best. It's