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@ryQuant "At 5pm PST today (8pm EST) Ill be hosting a Space with some of the management team at @StriveFunds The objective is to learn more about the strategy and business model of Strive. cc: @ColeMacro & @PunterJeff"
@ryQuant on X 2025-07-23 17:57:20 UTC 8715 followers, 12.4K engagements

"@JoshMandell6 @hillery_dan @romanrytov @PunterJeff @Z06Z07 For expectations this is a X Delta call. Meaning there is a X% probability that this thing finishes in the money. I think that is mispriced too low but still the point is this should be interpreted as a low probability event"
@ryQuant on X 2025-07-24 18:46:01 UTC 8678 followers, 4831 engagements

"Have @dotkrueger unblock me so that I can more easily join his Spaces request to speak and then indirectly guide every conversation towards $MSTR and their perpetual preferred fixed income securities in addition to Q2 consensus earnings"
@ryQuant on X 2025-07-22 07:55:02 UTC 8708 followers, 5486 engagements

"@julysownj @BitStrategy21 Standard Oil Carnegie Steel Berkshire Hathaway Microsoft Apple Nvidia Strategy my #Mag7"
@ryQuant on X 2025-07-25 21:37:45 UTC 8714 followers, 1570 engagements

"@saylor We (MicroStrategy) are a growth company. - Saylor Q3_2024 Earnings Call I cannot think of a more compelling growth story than $MSTR"
@ryQuant on X 2025-07-29 23:01:34 UTC 8715 followers, 7145 engagements

"@hillery_dan @JoshMandell6 I am now the proud owner of $VIX XX Strike Calls for November of this year. I like the setup here for an offensive hedge. Risk assets at all time highs and vol has been compressed for months now. The XX strike has the highest payout for a VIX at 30"
@ryQuant on X 2025-07-24 16:48:35 UTC 8714 followers, 1769 engagements

"I have such little respect for the big accounts of fintwit and bitcoin twitter relative to the incredible insight that comes from the small anonymous accounts. They hold the line between X turning into LinkedIn. 🫡"
@ryQuant on X 2025-07-25 22:13:44 UTC 8709 followers, 7999 engagements

"@hillery_dan $STRK this part here about $XXX per share is unclear to me"
@ryQuant on X 2025-07-28 16:55:53 UTC 8711 followers, 2605 engagements

"$MSTR has and will continue to be front running all of the companies on planet Earth in an irreversible way. The only focus should be: More. Yes hit the Class A ATM at 1.8x mNAV while ramping STRK/STRF/STRD/STRC/and the rest of the bitcoin yield curve"
@ryQuant on X 2025-07-23 20:55:10 UTC 8714 followers, 13.5K engagements

"@1MarkMoss -Satoshis 1M BTC -Probably 2-3M BTC lost -MSTR accumulates 2-3M BTC My guess is that the float is only 16M BTC"
@ryQuant on X 2025-07-23 18:36:25 UTC 8670 followers, 1815 engagements

"Saylor Musk Saylor is 10x+ more talented than Musk at running a public company. The ability to focus on one project at one company with zero distractions is deeply undervalued"
@ryQuant on X 2025-07-25 16:41:38 UTC 8714 followers, 50.2K engagements

"Lot of moving pieces here. What catalyst causes the sentiment to come back into $MTPLF The days of 5-7x mNAV for $MTPLF might be over considering more and more and more companies especially from Japan are going to do this. I think the Twitter sentiment has yet to capitulate. I think $XXXX (the devils bottom like SPX $XXX bottom price in March 2009) is on the table. The market cap is already getting too big to continually benefit from manipulating base effect math"
@ryQuant on X 2025-07-19 14:58:32 UTC 8681 followers, 6120 engagements

"@Strategy $MSTR These are both fair and well balanced takes:"
@ryQuant on X 2025-07-25 04:27:51 UTC 8714 followers, 4694 engagements

"One quarter's borrowing = $1T One singular quarter of time. The US Treasury is doubling their expectations for borrowing for Q3 2025. $BTC $MSTR"
@ryQuant on X 2025-07-28 19:13:48 UTC 8715 followers, 11.1K engagements

"@JesseKobernick Gravity is as real as the day is long. IMO many folks got overly focused on KPIs analytics charts and overlooked the most important number of them all and thats market cap. $MTPLF at 10bn in market cap at its top was the deciding factor for me to look to exit"
@ryQuant on X 2025-07-24 15:37:10 UTC 8705 followers, XXX engagements

"What is the net-net change of terms as it pertains to $STRK cc: @hillery_dan"
@ryQuant on X 2025-07-28 16:54:28 UTC 8714 followers, 5014 engagements

"@BenPhiat @BenWerkman @PunterJeff @ColeMacro @StriveFunds Would be great to see less memes and more comms on the operating business. $ASST"
@ryQuant on X 2025-07-18 18:36:11 UTC 8709 followers, 3206 engagements

"@thepowerfulHRV I think much of the froth has been compressed out of the multiples at this point. Perhaps not all but much compression has happened in the past 4-6 weeks"
@ryQuant on X 2025-07-29 18:51:58 UTC 8714 followers, 1143 engagements

"The absolute highest market that an entrepreneur could go after is the global fixed income and global real estate market. $MSTR is doing that in the most efficient way imaginable. What else is there to discuss"
@ryQuant on X 2025-07-25 23:30:19 UTC 8714 followers, 10.7K engagements

"@WalkerAmerica Buy BTC and put it in cold storage. -Who is this direct advice being given to -Why Without knowing someones confidence with a cold storage setup and the many variables that are specific to any one individual why do many folks keep saying this"
@ryQuant on X 2025-07-29 13:54:41 UTC 8714 followers, 2147 engagements

"@RealJimChanos (1/2) All of the above is fair Im personally not bullish on most of the BTCTCs. $CEPO has no bull case to me as they are in the awkward middle ground between benefitting from base effect math & institutional grade BTC operating company with a track record"
@ryQuant on X 2025-07-21 19:28:11 UTC 8713 followers, 2554 engagements

"@ColeMacro @MSTRTrueNorth Precisely And if people actually wanted to have the leverage convo then they wouldnt be going on CNBC saying why they own $F and $GM which both have a debt position that is a multiple of their market cap $MSTR doesnt have leverage it has future equity obligations"
@ryQuant on X 2025-07-24 17:21:23 UTC 8704 followers, 2236 engagements

"This is a great perspective of an active trader. Love the perpetual CC optionality from this lens. 🫡 However comma The long term $MSTR value creation story is there. The Moat of scale and size suggests that they will have the highest credit rating and hence capture the most value in the market for bitcoin securities where they are offering superior products to market TAMs measured in hundreds of Trillions and because of all this $MSTR should trade at the highest mNAV of all of the BTCTCs. BPS is as real as the day is long. With respect always. -RQ"
@ryQuant on X 2025-07-23 18:45:39 UTC 8714 followers, 12.7K engagements

"@LukeDavisgrey @RichardByworth One would want a: catalyst thesis reasons for believing that Vol (change) will occur up or down. Without any of the above it's just unjustifiable blind capital allocation"
@ryQuant on X 2025-07-20 18:22:53 UTC 8715 followers, XXX engagements

""Volatility reflects the difference between the world as we imagine it to be and the world that actually exists." - @vol_christopher"
@ryQuant on X 2025-07-17 17:59:35 UTC 8676 followers, 2075 engagements

"$MSTR I am peeking at 1_August_2025 Calls at the XXX Strike. I almost never dabble in near dated contracts. If MSTR reaches $XXX coming out of earnings then these puppies move up by X orders of magnitude. cc: @JoshMandell6 @hillery_dan @romanrytov @PunterJeff @Z06Z07"
@ryQuant on X 2025-07-24 18:40:18 UTC 8714 followers, 46K engagements

"@D13982671D @AdamBLiv @RealJimChanos My comments here dont involve $MTPLF I think @AdamBLiv has an impressive & unique way of communicating his thoughts. Hes a talented guy. I wouldnt give this constructive feedback if I didnt respect him. 🫡"
@ryQuant on X 2025-07-20 03:43:26 UTC 8682 followers, XXX engagements

"At Rutgers one of the rare classes that every undergrad student has to take regardless of major is Expository Writing. The non-writing types hate this class. In this class we would take two Malcolm Gladwell style pieces of literature and then write a paper to make some type of compelling argument that connects the two articles or short books. The "Expos" style paper that is worth writing now is to examine Christopher Cole's thought leadership and overlay it onto $MSTR as (1) both a Long and Short Volatility instrument as (2) part of the XXX Year "Dragon" Portfolio and (3) @Strategy's business"
@ryQuant on X 2025-07-21 19:14:46 UTC 8713 followers, 12.4K engagements

"$MSTR Growth Metrics Update: (with today's 21k BTC buy) -BTC HODL CAGR (line 20) +61% steadily climbing and nearly doubling the 2022 YE low. -ADSO CAGR (line 21) +22% the great thing is that this number has been flat for a year now meaning the rate of dilution is not increasing in a vaccum which is meaningful because the next metric will show the benefit in a "dilution relative to accretion" sense. -%distance HODL:ADSO (line 22) +271% the great thing is the increase in this spread metric over the past X years. what this means is the BTC HODL CAGR is increasing whereas the ADSO CAGR is staying"
@ryQuant on X 2025-07-29 22:24:28 UTC 8715 followers, 14.1K engagements

"Wind the clocks back just XX months and nobody myself included would have suggested that $MSTR would be the largest participant in 2025 IPO activity. Thats the benefit of unknown-unknown positive optionality that can only come from an operating company not $IBIT"
@ryQuant on X 2025-07-28 20:23:37 UTC 8714 followers, 14.4K engagements

"From a seasonality only perspective we are right in the sweet spot for a top in risk assets and a bottom in the $VIX. I made the chart below X years ago and it's a lookback of the average VIX close each day of the past XX years with all necessary time adjustments made (accounting for weekends and holidays.) When looking at the year March and April especially on Wall Street brings the end of the cold winter and a warm/fun spring which I think at the human condition/psychology level creates conditions for optimism in markets. And this warm weather optimism tends to be fully "priced in" by the"
@ryQuant on X 2025-07-18 19:10:26 UTC 8700 followers, 9547 engagements

"@Checkmatey @davmk1 Agreed on the top point that its mostly noise but we end up bumping into life changing people so net:net its all good. Also agreed on the right screenshot. The prefs dividends will be paid for with class A $MSTR ATM and I think thats the best business on Earth"
@ryQuant on X 2025-07-25 21:47:59 UTC 8708 followers, 2194 engagements

"@smooth_btc @RealJimChanos $MSTR hits X years in less than X weeks. The longest most battle tested track record there is for a Bitcoin Treasury Company. The track record that wrote the playbook for others to follow"
@ryQuant on X 2025-07-21 19:32:57 UTC 8661 followers, XXX engagements

"$MSTR Saylor should let the mNAV run Grossly over estimates @Strategys ability to impact the stock by turning on or off the ATM. The stock trades billions of dollars everyday of which about XX% is not the ATM. I choose to focus on the 98%"
@ryQuant on X 2025-07-24 22:46:13 UTC 8715 followers, 129.4K engagements

"Feeling very comfortable with this broader "Long Gamma" positioning right now. I am "Long Change" by both: Owning a ton of $MSTR at what could be BTC's next leg higher with massively wrong consensus earnings expectations with the Prefs ramping and potential $SPX inclusion. While holding $VIX contracts that are designed to gain from uncertainty chaos fear etc at a point in time where everything is priced for perfection & stability (provably so with the compression in Variance in the SPX & VIX) which happens to overlay perfectly with $VIX seasonality"
@ryQuant on X 2025-07-24 19:44:27 UTC 8676 followers, 3437 engagements

"@RealJimChanos Was Berkshire affected by similar hedge funds or businesses $CEPO following the same model as $MSTR supports my idea that the field of BTCTCs can only benefit $MSTR not hurt them. If one or several even $CEPO go under I don't think it harms $MSTR long term"
@ryQuant on X 2025-07-21 17:47:01 UTC 8706 followers, 1318 engagements

"@elonmusk Forget the absurd pie in the sky ridiculous valuations and future facing expectations of which many come out to be wrong. You should pass the $TSLA CEO role on. You have X CEO Jobs + XX kids You are a politician You tweet non stop Your focus is elsewhere"
@ryQuant on X 2025-07-25 15:46:50 UTC 8714 followers, 19.8K engagements

"@Strategy If anyone wants to download a copy of this data table and build on it or insert your own assumptions here is the Google Sheet link:"
@ryQuant on X 2025-07-22 04:25:41 UTC 8713 followers, 2230 engagements

"Much thanks to @TimKotzman for giving the $MSTR Kid Analysts a reason to go to Wall Street to talk Bitcoin & @Strategy. 🫡"
@ryQuant on X 2025-07-29 01:49:15 UTC 8715 followers, 17.6K engagements

"$MSTR BTC Per Share Growth KPIs If anyone would like to download this file and add columns (future "Shares" tab data from @strategy website) or rows (custom calcs) of your own here is the link:"
@ryQuant on X 2025-07-29 22:38:29 UTC 8715 followers, 1147 engagements

"@RealJimChanos If you are owning $MSTR as permanent capital then the $CEPO outcome does not matter. TYFYATTM. 🫡"
@ryQuant on X 2025-07-21 17:11:27 UTC 8706 followers, 3049 engagements