MSTR Today: This Is Why You Should NOT Wait for a Bitcoin Dip

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 4th, JLD here and welcome to MSTR today

1:02and the treasury Titans. Nothing in this video is financial advice, but Bitcoin woke up today and it chose green currently up 4.46% in the last 24 hours. You know, it's hard to believe, but it's just great to see Bitcoin in the 70s again. I mean, if you ask me that a couple of months ago, I'd be like worst case scenario. But now after what we've been through into the high 50s, 71,000 looks pretty nice because I think we know what this means. We've broken some support here. It's going higher, hopefully, always, hopefully because we're living in a pretty crazy world right now. We know everything is going on geopolitically. The macroenomics, a lot of interesting things going on, but Bitcoin is so strong in the meantime. And what's one reason why it's so strong? Well, because of this man, Michael Salar, who says, I'm buying Bitcoin right now. Are you? And how is Michael Salar buying Bitcoin? Well, it's something called stretch as TRC. If you haven't

2:04heard of it yet, stretch did look at this Insaneness, $1.99 million in volume. At the end of the day, I was really just rooting for that 200 million to happen. The volume didn't quite get there, but it did come pretty darn close. Of course, these are share accounts, but the actual volume on amount of dollars was just under 200 million. So great job for stretch. Absolutely crushed it's but well over 1,000 Bitcoin yesterday just with a stretch alone. Think about that. One day, 1,000 Bitcoin all from stretch. I mean, absolutely amazing. And on that note, Adam says 70 million dollars raised today from stretch alone. What do you think they raised in MSTR shares? Probably another 70 million. You are not bullish enough. And then this is today's total from stretch. I'm again, this is an estimation from strc.live, but they've been within 5% for the past few weeks. So they really haven't dialed in here. So I highly recommend checking out that site.

3:09It's kind of fun just to see how stretches doing throughout the day and all that amazing jazz. Rajat says every Bitcoin that MSTR buys makes stretch stronger. As stretch to stronger, MSTR gets to buy more Bitcoin. The feedback loop is endless. MSTR will reach 1 million Bitcoin faster than most people think. You are not bullish enough. Agreed. Rajat, I agree. Rob says it'll be so obvious in hindsight. You just don't just don't say no one ever told you what was happening. It's simple financial physics. Unlimited fiat meets limited Bitcoin and a Bitcoin maxi psychopath that created a portal for fiat to flow into Bitcoin dangling a massive care. 11.5% rock dividend. And of course, rock is a return of capital, which means you're not paying taxes for 10 years deferred. And each Bitcoin that he takes off the market makes a market tighter and tighter making it easier for the market to price the market price to rise faster than the interest rate paid as a result. The problem everyone wants immediate gratification. The strategy is playing out. It just takes time.

4:13Stretch pounding at $100 is the next signal we need that it's working. This setup is insanely bullish, not financial advice. Ross, we've been posting some great stuff recently. So I'd love to see it. And then Mark says demand for stretches accelerating. This is API X an extra 1.5 million of stretch purchase today. Check. They bought 15,000 shares of stretch. And guess what? This is just the beginning. There's going to be 100 API X's all doing this all the same time. The reflex of flywheel is going to be insane. These are the early movers right here that you're seeing, buck, API X, et cetera. It's going to get crazy. And Michael Sailor is ready for it. Rob says, I think about this often, I have zero doubt that MSTR will reach 1 million coins. Heck, 1.5 million seems likely to me and seems far off. But the market is pretty dumb. Is there a point where other actors just choose not to play to central banks? Eventually, they can't buy an asset where 10% of the supply is controlled by one entity and NC there's not a country slash super power

5:16of the US holding gold. The concentration doesn't give Sailor more control over the blockchain, but it does introduce risk in other ways. And that Rajat says, Sailor won the race to accumulate the most Bitcoin. Second place won't even be close. Rohan says, most people overestimate how much alpha they can squeeze from timing and underestimate how much wealth comes from waiting. And then Zinc says, I am still getting comments from people waiting on a lower entry to buy Bitcoin, even though it dropped to 50% within four months. Dangerous game. And I'll tell you, I recently got a hold of some extra cash. And I'll tell you, that cash sitting in my bank account, as I was, you know, thinking like, when is the best time for me to just dump all this into MSTR? Like it was so stressful because I know, I just know with such certainty that MSTR is just this rocket ship that's about to take off, that Bitcoin is just about to take off. Like every time the price moved up like $100 or $200 or $500, Bitcoin I'm talking about. I was like, oh my god, like I've just missed it. And it was like the worst

6:19feeling in the world. That at one point, it kind of wicked down to like 67, 5, 68,000. And I'm like, I just, I don't care if it goes down to 64,000s from this point. I just can't, I will never be able to live with myself. If I see it go to 71, to 75, to 87, to 94, to 103, to 130, to 175. And I'm still sitting there just being like, just one more depth, please, just one more depth. So I luckily, and I'm so glad I pulled the trigger at 67, 5. And guess what? It did go lower. And I sat there saying, yeah, I could about more shares, because it just went lower. But it was like this feeling of calm of like, this is a great entry, JLD, like just flipping relax. And I did. And now it's at 71. I would feel sick to my stomach, even though I had, I have a massive amount of MMR shares, even before

7:22this purchase that I just made. So it obviously would have been very good for me to see the Bitcoin price go up no matter what. I would have been sick to my stomach right now, being like, I totally missed a generational opportunity. And guess what? It might go back down to 67 and might go back down to six. I have no idea. But I just know that I am so content with that decision. And I have just been doing nothing but rooting for Bitcoin going forward. That's where I want to be. I want to be just 100% rooting for Bitcoin, rooting for strategy, rooting for Michael Sailor, rooting for the bulls. And that's where I am. And that's where I want to be. So thank you, thank you, thank you to everybody out there, the bears, the fud, all those crazy, crazy people that are waiting for, you know, 39, 27. Thank you for driving the price down into the 60s. Because man, I never, when I started buying MMR on 2024, I never thought I'd be able to buy at these prices again. I literally never thought I was going to be possible. And the fact that I've been able to do so,

8:25I'm going to look back and five, 10, 15 years and be like, I'm so proud of myself for just making this happen because, you know, extreme fear was real. It's still here. I mean, we're in extreme fear right now. Bitcoin, greed and fear. It's extreme fear. You know, it might today open up not so much if this price point stays around 71,000 or shots climbing higher. But extreme fear and we've been in here for a long time. But I still was able to pull the trigger and really, really increase my holdings of MSTR and really drive my dollar cost average way down. And it just feels so good. And again, I don't care if it goes down to 65 or 60, because I know where it's going to be in five years, in 10 years, in 20 years. And that's the game that I'm playing. So Chris says, a lot of people criticize strategy for not having quote, unquote, cash flows. What they don't understand is that that cash flows are replaced with capital appreciation via Bitcoin. If you are not bullish Bitcoin, if you do not believe

9:28the Bitcoin is going to appreciate it, if you do not believe Bitcoin is going up until the right at around a 30% or more cater for the next five, 10, 15 years, you probably should not be investing in this because you can probably do better in other areas. If you think Bitcoin's only going to be going up 5%, 10% or so per year, go find other things to invest in. This is for the Bitcoin bulls. Dan says, well, Dan's commenting on this. So I'll read up, upper echelon first, expecting 3000 Bitcoin from stretch alone this week. MSTR sales to maintain amplification for an additional 3500 Bitcoin, 7500 at 66, the 67,000 insane. And actually, he's probably not going to buy it. Those rates anymore since we're already up to 71 right now. But it'll still be great generational opportunity buys for for sailor and strategy. And I think actually 3000 Bitcoin from stretch alone this week is probably on the low side. I'm actually going to think it's going to be more between 4 to 5,000. And then this is important. MSTR sales to maintain

10:32amplification for an additional 3500. Remember, Michael sailor is going to have to continue to ATM MSTR to expand the capital base that's going to allow him to continue to ATM stretch as much as he wants to. Like, I've seen some people even like British hotline commented on one of his posts because he was like, oh, they're going to be able to really ease off on the MSTR ATM. Like, no, not really. Like, hey, we don't want to because we want more Bitcoin. So let's keep ATMing MSTR as much as we can because it's been proven 100% that it does not affect the sales price. It does affect sentiment, but it sentiment, but it doesn't affect the actual sale price in the moment. So in a bull market, especially when sentiment's turning, you want to be ATMing MSTR common as much as possible in my opinion and in sailor's opinion because he's looking to expand out the capital base as much as possible that's going to allow him to ATM stretch as much as possible.

11:33Otherwise, he's going to be limited in how much stretch he can ATM because you need to have a certain size of a capital base in order to keep your amplification and leverage ratios where they want them. So people need to understand the MSTR common ATMs going to continue. Michael sailors going to keep buying Bitcoin through that at an incredible rate as well as through stretch at an incredible rate as long as stretch is able to maintain his $100 peg, which it looks like it's going to do for the next eight or nine trading days for sure as it comes up to the snapshot date. Then I'll probably take a little bit of a dip and then hopefully next next month, we get 12 days, 12 trading days were able to ATM stretch and maybe 13 days and 14 days. Again, the goal is to get the 20 plus because you know, there's typically around 20 trading days every month. The goal is to be able to ATM stretch every single day. That might be months or years into the future, but that's the direction that we're moving in. But to do that, MSTR's capital stack has

12:35to expand. He has to expand the capital. So he's going to keep ATMing MSTR a ton is what I'm is my read of the situation for everything that I'm gathering from listening to sailor talk. Speaking of sailor talk, we have a great sailor talk coming up as soon as we get back from thinking our sponsor. 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 registered 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,

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14:39Who are the real disadvantaged players in the credit market? It's the individuals that pay their taxes and operating companies because your non-profits, your endowments, your insurance companies, they just don't pay tax. The government doesn't pay tax. If you actually work for a living or your company works for a living and does stuff, you're the one that benefits from this kind of instrument. We've gone around the world talking to companies about buying Bitcoin. What I've concluded is that Bitcoin for corporations is stretch. If you go to most companies with hundreds of millions of dollars in working capital, it's probably easier for them and better for them to buy stretch than it is to buy Bitcoin. It's very difficult for them to convince the boarded directors that they should buy a 40-ball asset with no cash flows. They have to mark the market every quarter because they might screw with their P&L. But on the other hand, convincing the boarded directors

15:40that they should actually collect two or four times more cash flow and not have volatility, that's easier. Instead of you taking 100 million and buying Bitcoin and getting on the roller coaster, just give me the 100 million. I will accept all the risk. I will accept the roller coaster. I'll over collateralize it. I will give you the 10 or 11 percent yieldback. I'll solve the tax problem. I promise not to sell the Bitcoin. We're in the business of not selling Bitcoin. We got very good at it. We have a PhD in holdling. Why don't we just hold for the thousands of companies instead of trying to convince everybody else to do what we're doing and convince their shareholders and their boarded directors? Then you see this chart. What is this saying? If your time horizon is less than four years, you need the money in 12 months. You need the money in 24 months. You need the money in six months. You need the money to make payroll. That's working capital.

16:41You put that into a credit instrument like stretch. If you don't need the money for four years, if you're a capital investor and you've got a 10-year, 20-year time horizon and you just want to get wealthy, well, then you either buy digital capital, which is Bitcoin because there's no counter party risk and that has the most optionality. Or you buy digital equity amplified Bitcoin like MSTR because there you're getting more Bitcoin. But you have to have a long time horizon. Four years is the minimum in my opinion. 10 years is a healthy or seven to 10 years is the right time horizon for that. Of course, what you see, which is not disputable, is there's not a person in the world or a company on earth that doesn't have capital they need in the next four years. There's a huge amount of capital that's tied up in making payroll or paying the annual bonus to the salespeople at the end of December. I've got it sitting on the balance sheet. I'm generating 2% after tax. But maybe I'd like to get 10% untaxed. Maybe I'd like five times as much.

17:50And so what's the impact of actually allocating a corporate treasury to stretch? Well, you can see here, if you put 35% of your treasury into STRC, you double your cash flow. It doubles the cash flow of a company to put 35% in. If you're a public company, you probably don't want to go above 40%. But if you're a closely held private company, you could go to 60, 70, 80%. The difference between holding T-bills and holding stretches 2.9 million versus 11.3 million a year. It's not quite almost four times as much cash flow. And what about the rest? Well, look, I was saying to a company, a company is in a Bitcoin space. I said, you know, you're in the Bitcoin space. The Bitcoin goes to zero. You don't have much of a business. So that being the case, you've already absorbed the existential risk of Bitcoin going to zero. So rather than collect

18:512.9 million a year, why don't you collect 11 million a year? You might as well make four times your money. You've already accepted the Bitcoin existential risk. So for people that believe in digital capital and digital assets, it's a no-brainer. Just quadruple your treasury or double your treasury yield. What's the second best? There is no second best. There is no second best.