# ![@btc_overflow Avatar](https://lunarcrush.com/gi/w:26/cr:twitter::1639524229501849600.png) @btc_overflow Brian Brookshire

Brian Brookshire, also known as Bitcoin Overflow, has been discussing the Bitcoin Treasury Company (BTC TC) space, specifically the growth and developments of various companies such as $MSTR, $MTPLF, $SWC, and $NAKA. The BTC TC sector is heating up, with companies accumulating Bitcoin and exploring new capital markets strategies, including preferred stock launches and ATM (At-The-Market) offerings. Brookshire has also been commenting on the competitive landscape and potential for growth in the sector, particularly in East Asia.

### Engagements: [------] [#](/creator/twitter::1639524229501849600/interactions)
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### Mentions: [--] [#](/creator/twitter::1639524229501849600/posts_active)
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### Followers: [------] [#](/creator/twitter::1639524229501849600/followers)
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### CreatorRank: [-------] [#](/creator/twitter::1639524229501849600/influencer_rank)
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### Social Influence

**Social category influence**
[cryptocurrencies](/list/cryptocurrencies)  #1493 [finance](/list/finance)  42.76% [stocks](/list/stocks)  36.55% [technology brands](/list/technology-brands)  4.83% [exchanges](/list/exchanges)  #1959 [countries](/list/countries)  3.45% [currencies](/list/currencies)  1.38% [financial services](/list/financial-services)  0.69% [automotive brands](/list/automotive-brands)  0.69% [social networks](/list/social-networks)  0.69%

**Social topic influence**
[bitcoin](/topic/bitcoin) #961, [$mstr](/topic/$mstr) #35, [in the](/topic/in-the) 10.34%, [mstr](/topic/mstr) 10.34%, [$strc](/topic/$strc) #43, [$h100](/topic/$h100) 6.9%, [$gs9](/topic/$gs9) 6.9%, [$hogpf](/topic/$hogpf) 6.9%, [dividend](/topic/dividend) #542, [market](/topic/market) #1813

**Top accounts mentioned or mentioned by**
[@sanderandersenn](/creator/undefined) [@morpheus7447x](/creator/undefined) [@indianhodl](/creator/undefined) [@borjamartels](/creator/undefined) [@wiikjohannes](/creator/undefined) [@jessekobernick](/creator/undefined) [@prince_saied](/creator/undefined) [@roxomtv](/creator/undefined) [@tomsuchorski](/creator/undefined) [@emmettlong8](/creator/undefined) [@dansemperepico](/creator/undefined) [@adam3us](/creator/undefined) [@eladsha12](/creator/undefined) [@seaabh](/creator/undefined) [@simonsdad3](/creator/undefined) [@matikwin](/creator/undefined) [@investingidiocy](/creator/undefined) [@sanderandersenns](/creator/undefined) [@roaringragnar](/creator/undefined) [@lizardwizardbtc](/creator/undefined)

**Top assets mentioned**
[Bitcoin (BTC)](/topic/bitcoin) [Strategy (MSTR)](/topic/$mstr) [Metaplanet Inc. (MTPLF)](/topic/$mtplf) [Asset Entities Inc. (ASST)](/topic/$asst) [Nakamoto Games (NAKA)](/topic/$naka) [Strike (STRK)](/topic/$strk) [Coinbase Global Inc. (COIN)](/topic/coinbase) [Stride (STRD)](/topic/$strd) [AST SpaceMobile, Inc. Class A Common Stock (ASTS)](/topic/$asts) [GameStop, Corp. (GME)](/topic/$gme)
### Top Social Posts
Top posts by engagements in the last [--] hours

"Look the strategy is really simple. Keep DCA-ing into #Bitcoin. That's it. Seriously you can stop reading here"  
[X Link](https://x.com/btc_overflow/status/1798086497331237104)  2024-06-04T20:16Z 17.1K followers, 131.1K engagements


"@BasilTheGreat None of this is true and there is nothing whatsoever in this video about Islam. "By virtue of Article [--] of the Constitution of Japan I dissolve the House of Representatives.""  
[X Link](https://x.com/btc_overflow/status/2023151865756606684)  2026-02-15T21:46Z 17.1K followers, 36.8K engagements


"New experiment designing an options trade with AI. Since as we $MSTR fans know the convertible bond issuance cycle tends to follow a fairly predictable pattern I decided to see what Gemini could come up with for a trade around $ASTS's recent CB. Background: The CB settles today Feb [--] but fully closes Feb [--]. Based on the conversion price and OI AI identified that institutions would be looking to defend the $80 floor with further gamma pins at $85 and $90. Meaning price action would likely be range bound between $80-$90 this week most heavily concentrated between $80-$85. The trade: Based on"  
[X Link](https://x.com/btc_overflow/status/2023816289064481190)  2026-02-17T17:46Z 17.1K followers, [----] engagements


"@investingidiocy Discussed in detail over years of posts if you care to read"  
[X Link](https://x.com/btc_overflow/status/2023820776978497739)  2026-02-17T18:04Z 17.1K followers, [---] engagements


"@EmmettLong8 What's suspect about thinking STRK is attractively priced $80"  
[X Link](https://x.com/btc_overflow/status/2023846550200561910)  2026-02-17T19:46Z 17.1K followers, [----] engagements


"$SATA back over its [--] day MA today and continuing to close in on regaining its target range at $95"  
[X Link](https://x.com/btc_overflow/status/2023904341715771633)  2026-02-17T23:36Z 17.1K followers, [---] engagements


"H100 Update ($H100 $GS9 $HOGPF) Oct [--] [----]. Bitcoin Treasury Companies including H100 saw another challenging week but with the beginning of October and Q4 sentiment appears to be returning to the sector. H100 saw breakout trading volume on Thursday of 1.78M shares traded on NGM followed by a strong Friday with 1.22M shares traded. Friday night Bitcoin re-took $123K and approached all time highs. Executive Chairman @Sanderandersenn's end of week summary highlighted H100s culture of dealmaking and how were currently building the infrastructure to operate at scale. In media this week I caught"  
[X Link](https://x.com/btc_overflow/status/1974464754350432310)  2025-10-04T13:20Z 17.1K followers, [----] engagements


"H100 Update ($H100 $GS9 $HOGPF) Nov [--] [----]. There are two main news items from H100 this week. Firstly we released our earnings presentation for the interim period May [--] - September [--] [----]. I encourage shareholders who have not yet done so to view the presentation quote posted below. Secondly we announced the conversion of SEK 122.5m of outstanding convertible loans. Remaining convertible debt is SEK 219.8m carrying 0% interest and maturing in [----]. This move strengthens our financial position by reducing leverage ratio to 26% and opening capacity on our balance sheet. H💯DL Tune in as CEO"  
[X Link](https://x.com/btc_overflow/status/1992245483331264890)  2025-11-22T14:55Z 17.1K followers, [----] engagements


"I still think revisiting $58K gang could be in the cards before the Bitcoin bear is over but I'm inclined to agree that the most likely path forward over the coming months is backing and filling before a new bull market begins in earnest. Finally Bitcoin fell to $60k last week which is in the support zone that I suggested a few months ago when I wrote that another 4-year cycle bull market had likely ended. A decline to only $60k would be relatively shallow for a Bitcoin winter but as the commodity currency https://t.co/aKz2qmGEo3 Finally Bitcoin fell to $60k last week which is in the support"  
[X Link](https://x.com/anyuser/status/2022349629795570175)  2026-02-13T16:38Z 17.1K followers, [----] engagements


"Saylor got us orange dots for Valentine's Day weekend instead of flowers. [----] https://t.co/BsTEvhbc9v [----] https://t.co/BsTEvhbc9v"  
[X Link](https://x.com/anyuser/status/2023110242918117887)  2026-02-15T19:00Z 17.1K followers, [----] engagements


"RT @OGBTC: FWIW When the $NAKA deal was presented to me this is exactly how it was pitched. They did everything they said they were going"  
[X Link](https://x.com/btc_overflow/status/2023978914385694979)  2026-02-18T04:32Z 17.1K followers, [--] engagements


"I'm not going to post my targets unless we see them but I'm incredibly excited about the buying opportunities we could see for $MSTR and $MTPLF this year"  
[X Link](https://x.com/btc_overflow/status/2019297037091799284)  2026-02-05T06:28Z 17.1K followers, [----] engagements


"One key metric in favor of the Bitcoin bottom being in. Regardless of whether the bottom is in it not I suspect people who just DCA into bitcoin this year will outperform 99% of people who try to time the market. The bitcoin lows are likely in. Supply and profit metrics have almost converged on the 1-hour chart. On the 10-minute resolution they have fully converged. Glassnode's lowest recorded price on Feb [--] was $63000. It does not capture the final capitulation wick to $60000. 3% https://t.co/k6D3hvY1LU The bitcoin lows are likely in. Supply and profit metrics have almost converged on the"  
[X Link](https://x.com/btc_overflow/status/2023005173535391916)  2026-02-15T12:03Z 17.1K followers, [----] engagements


"It's really "rationalization" that follows price not "narrative." There is always some story about why price did what it did. Some stories are better than others. The current attempt to blame Bitcoin price action on quantum is pure farce"  
[X Link](https://x.com/btc_overflow/status/2023400871531548996)  2026-02-16T14:15Z 17.1K followers, [----] engagements


"I sat down to write a post about how I think BTCTC management should be communicating during the bear market and changed my mind. The reality is that unless you are Strategy there just isn't much to do until capital markets reopen. A few coins will be bought here and there when mNAV pokes its head above [--]. A few debt deals might get done at higher cost of capital. Companies with FCF can deploy it. But any way you slice it it's the slow period until Bitcoin itself comes back. The only thing I really don't want to see management doing here is trying to assure investors that Bitcoin price won't"  
[X Link](https://x.com/btc_overflow/status/2023447254510579770)  2026-02-16T17:19Z 17.1K followers, [----] engagements


"Bitcoin yield for treasuries and individuals from liquidity leasing on the lightning network is something I'm very interested in. Yield from a slice of payment routing fees rather than token inflation or capital markets speculation. We have companies like $LQWD who manage their own lightning node infrastructure but not every company will want to do that. I see enormous PMF for turnkey solutions. Some important considerations: 1) It must be turnkey. Some of the key disconnect I see starting to be bridged is that from the standpoint of treasury management (or even an individual's own capital"  
[X Link](https://x.com/btc_overflow/status/2023482621351567804)  2026-02-16T19:40Z 17.1K followers, [----] engagements


"Another [----] BTC off the market. - $78.4M $STRC ATM - $90.5M $MSTR ATM Strategy has acquired [----] BTC for $168.4 million at $67710 per bitcoin. As of 2/16/2026 we hodl [------] $BTC acquired for $54.52 billion at $76027 per bitcoin. $MSTR $STRC https://t.co/wvxRYZlQ3Y Strategy has acquired [----] BTC for $168.4 million at $67710 per bitcoin. As of 2/16/2026 we hodl [------] $BTC acquired for $54.52 billion at $76027 per bitcoin. $MSTR $STRC https://t.co/wvxRYZlQ3Y"  
[X Link](https://x.com/btc_overflow/status/2023750174909034653)  2026-02-17T13:23Z 17.1K followers, [----] engagements


"The long awaited @nakamoto @btcinc merger. This formally brings all of @UTXOmgmt's BTCTC investments under the Nakamoto umbrella. Nakamoto Inc. today announced that it has entered into merger agreements to acquire BTC Inc and UTXO Management GP LLC. The transaction is expected to close in the first quarter of [----]. BTC Inc and UTXO are expected to provide recurring earnings to strengthen the Companys Nakamoto Inc. today announced that it has entered into merger agreements to acquire BTC Inc and UTXO Management GP LLC. The transaction is expected to close in the first quarter of [----]. BTC Inc"  
[X Link](https://x.com/btc_overflow/status/2023762195004211345)  2026-02-17T14:11Z 17.1K followers, [----] engagements


"Coordinated C-suite exit. What's brewing at Gemini $GEMI pre-announces Q4; CFO COO CLO all leaving. Stock -8% pre https://t.co/OZhNMYhFhm $GEMI pre-announces Q4; CFO COO CLO all leaving. Stock -8% pre https://t.co/OZhNMYhFhm"  
[X Link](https://x.com/btc_overflow/status/2023765419094667299)  2026-02-17T14:24Z 17.1K followers, [----] engagements


"$STRK under $80 is wild. As long as Strategy doesn't go bust that's getting paid 10%+ effective div to wait with MSTR upside kicker"  
[X Link](https://x.com/btc_overflow/status/2023775015246979520)  2026-02-17T15:02Z 17.1K followers, 56.6K engagements


"@cappercrypto The dividend is a flat $8. So for example at $80 the effective dividend rate is 10%"  
[X Link](https://x.com/btc_overflow/status/2023846009840017741)  2026-02-17T19:44Z 17.1K followers, [----] engagements


"The amount of retardation in the comments about the $NAKA + BTC Inc merger is off the charts. No one should be surprised by this deal. It was crystal clear from the outset that Nakamoto was a vehicle for bringing BTC Inc public"  
[X Link](https://x.com/btc_overflow/status/2023922281118928950)  2026-02-18T00:47Z 17.1K followers, [----] engagements


"If you've read anything posted about $NAKA in the past [--] hours you are almost certainly wildly mis-informed. Here's what really happened: NAKA was plainly a shell for bringing BTC Inc public from the outset. This comes as no surprise to anyone who bothered to take two seconds to look at the investor presentation or listen to anything David Bailey has said about the company. In particular Nakamoto was to serve as a key extension of BTC Inc subisidary UTXO Management's Bitcoin treasury company launching efforts. Far from a surprise to investors this was a key selling point. While I'm"  
[X Link](https://x.com/btc_overflow/status/2023956726580449407)  2026-02-18T03:04Z 17.1K followers, 15.3K engagements


"I did not participate in the PIPE. I do not hold any NAKA stock nor am I on the NAKA payroll. I myself lost a trivial sum on a small starter position around the time of the first announcement. Any tangential professional links I had to NAKA ended when I left H100 (which had UTXO on its cap table). I do think mis-steps were made in deal structure but if NAKA is going to receive criticism it should be for the right things. I post this not for any benefit I might gain but in spite of the harm it might cause me from a mob that would rather just dogpile on David Bailey."  
[X Link](https://x.com/btc_overflow/status/2023974228106584233)  2026-02-18T04:13Z 17.1K followers, [----] engagements


"@dansemperepico It's truly astonishing. To make matters worse there are also now a large contingent of people who have uncritically accepted woefully distorted accounts of what happened. Events like these make me want to rage quit X"  
[X Link](https://x.com/btc_overflow/status/2024006059610742998)  2026-02-18T06:20Z 17.1K followers, [---] engagements


"Coinbase says they're re-starting "Bitcoin loans" but read the fine print. Coinbase is just the middle man. They wrap bitcoin into cbBTC and deploy it into an Ethereum-based DeFi lending protocol called Morpho. I would not touch this product with a [--] ft pole"  
[X Link](https://x.com/btc_overflow/status/1879904138420761084)  2025-01-16T14:50Z 17.1K followers, 230.1K engagements


"That's quite the celebrity pick up for $HAMA. Arthur Laffer the economist of Laffer curve fame joined Hamak Gold's Advisory Board as a founding member following its bitcoin treasury pivot. Im not sure anyone quite realises how big this Laffer appointment is for our tiny mcap co. The board clearly have connections . "just the start" iykyk #hama $hama #hamakgold #hamak https://t.co/JxhGZK7aGC Im not sure anyone quite realises how big this Laffer appointment is for our tiny mcap co. The board clearly have connections . "just the start" iykyk #hama $hama #hamakgold #hamak https://t.co/JxhGZK7aGC"  
[X Link](https://x.com/btc_overflow/status/1946786260166516927)  2025-07-20T04:16Z 17.1K followers, [----] engagements


"Holy smokes final offer size for Strategy's new preferred stock $STRC was [--------] shares. At $90/sh that's over $2.52B 🤯"  
[X Link](https://x.com/btc_overflow/status/1948474864286961993)  2025-07-24T20:06Z 17.1K followers, 116.8K engagements


"Ho Lee Sheet. $MSTR did something I never thought it would do-- publish formal ATM guidance based on mNAV levels. Moving forward MSTR will not ATM the common stock below 2.5x mNAV except to pay interest or dividend obligations"  
[X Link](https://x.com/btc_overflow/status/1951017893963186370)  2025-07-31T20:31Z 17.1K followers, 189.1K engagements


"Let that sink in for a moment. Morgan Stanley's Bitcoin and Solana ETFs will be only the 3rd and 4th ETFs to bear the Morgan Stanley brand. Speaks volumes to how they see demand. Morgan Stanley manages [--] ETFs but mostly under the Calvert/Parametric/Eaton Vance brands. These will be the 3rd and 4th ETFs to bear the "Morgan Stanley" brand. Pretty remarkable. Morgan Stanley manages [--] ETFs but mostly under the Calvert/Parametric/Eaton Vance brands. These will be the 3rd and 4th ETFs to bear the "Morgan Stanley" brand. Pretty remarkable"  
[X Link](https://x.com/btc_overflow/status/2008596670033129877)  2026-01-06T17:48Z 17.1K followers, [----] engagements


"At Stanford I studied Japanese and trained in grave dancing. I am fully prepared for Metaplanet's resurgence and shorts to get wrecked. $MTPLF $MPJPY @RoaringRagnar Finally my Stanford training is about to pay off. https://t.co/f1qps72B7N @RoaringRagnar Finally my Stanford training is about to pay off. https://t.co/f1qps72B7N"  
[X Link](https://x.com/btc_overflow/status/2008928420298715644)  2026-01-07T15:47Z 17.1K followers, [----] engagements


"@MasonFoard @MeliuzBitcoin Very nice"  
[X Link](https://x.com/btc_overflow/status/2009343541731074206)  2026-01-08T19:16Z 17.1K followers, [---] engagements


"$ASST management buying its own dip. Skin in the game. Yesterday with our stock trading below post-acquisition pro-forma Bitcoin NAV I acquired [-----] shares of $ASST. Over the past [--] days I have acquired a total of [------] shares. Yesterday with our stock trading below post-acquisition pro-forma Bitcoin NAV I acquired [-----] shares of $ASST. Over the past [--] days I have acquired a total of [------] shares"  
[X Link](https://x.com/btc_overflow/status/2011453993235746853)  2026-01-14T15:02Z 17.1K followers, [----] engagements


"My view on which BTCTCs I actually want to hold has surprisingly not changed that much in the past [--] months. I still see Strategy as the hurdle rate and Metaplanet as the best risk adjusted beta. What has changed is I see the longer end of the risk curve as much further out"  
[X Link](https://x.com/btc_overflow/status/2011666522406584553)  2026-01-15T05:07Z 17.1K followers, [----] engagements


"Had a chat about the UK BTCTC scene this morning. It's a market that is a lot more interesting now that Saylor has said he doesn't plan to enter. While it's still generally my view that in capital markets sufficiently large enough to support a BTCTC there will be one dominant winner there are nonetheless [--] UK companies I'm interested in following the progress of. $SWC is in pole position with the largest stack. SWC more than any other BTCTC launched with timing that perfectly captured the May-June run-up in BTCTCs and got off to a tremendous start with its stack. It also has an enthusiastic"  
[X Link](https://x.com/btc_overflow/status/2013661465811542251)  2026-01-20T17:14Z 17.1K followers, [----] engagements


"A key differentiator of BlackRock's new iShares Bitcoin Premium Income ETF from other bitcoin covered call ETFs like $YBIT is that BlackRock will write calls against actual shares of its own $IBIT rather than holding synthetic longs. The efficiency gives it a huge advantage"  
[X Link](https://x.com/btc_overflow/status/2015960751219835163)  2026-01-27T01:31Z 17.1K followers, 19.1K engagements


"Saylor has changed stances several times on entering Japan with preferred shares most recently saying Strategy would not enter Japan the UK or Brazil. Will he change his mind again Is Strategy's decision not to enter these markets bullish for local incumbents Or is it a red flag for those markets The answers are mixed. I think we can take Saylor at his word that he will not enter those markets. But it's not all bullish for local BTCTCs who no longer face the threat of competition from Saylor. There are some nuances to what the regulatory hurdles keeping Strategy out of those markets mean for"  
[X Link](https://x.com/btc_overflow/status/2016277388397560199)  2026-01-27T22:29Z 17.1K followers, [----] engagements


"$ASST passes CLSK to break into the Top [--] Bitcoin treasuries. I think Strive could easily pass HUT and COIN this year to move up a couple more spots. Strive Announces Closing of Upsized & Oversubscribed Follow-On Offering of SATA Stock and Concurrent Exchange of Semler Notes - The Company used a portion of the cash proceeds from the offering of SATA Stock to retire the legacy Semler Scientific $20 million loan with Coinbase https://t.co/HO55uXOIeq Strive Announces Closing of Upsized & Oversubscribed Follow-On Offering of SATA Stock and Concurrent Exchange of Semler Notes - The Company used a"  
[X Link](https://x.com/btc_overflow/status/2016548880721072528)  2026-01-28T16:28Z 17.1K followers, 22.8K engagements


"Gold and silver are far too volatile to serve as hard monies. We need a more stable asset like bitcoin"  
[X Link](https://x.com/btc_overflow/status/2017288946338693422)  2026-01-30T17:28Z 17.1K followers, 116.2K engagements


"And the $MSTR cost basis FUD cycle begins. Friendly reminder that MSTR's debt is unsecured. Earliest puttable debt is [----]. And it has enough cash on hand to pay dividends for [---] years. Nothing at all happens to MSTR at BTC cost basis. Zero risk of near term leverage blow-up. $MSTR - BITCOIN FALLS BELOW MICROSTATEGYS COST BASIS ($76037) FOR FIRST TIME SINCE OCT [----] $MSTR - BITCOIN FALLS BELOW MICROSTATEGYS COST BASIS ($76037) FOR FIRST TIME SINCE OCT 2023"  
[X Link](https://x.com/anyuser/status/2017696198694510940)  2026-01-31T20:27Z 17.1K followers, 22.7K engagements


"" $SLV saw more volume than the most traded stocks on the planet last week. The only thing in recent memory that's felt similar is $GME and maybe $MSTR." I'd add Metaplanet during its June run-up when it accounted for a staggering 70% of value traded on TSE Standard Market. $SLV saw volume than the most traded stocks on the planet last week I still can't get over that. More than Tesla more than Nvidia (chart). It's not even gold either it's fricken silver. A month ago the volume was 10x less. A year ago it was the 170th biggest ETF out of sight https://t.co/rxD2dOmFvE $SLV saw volume than the"  
[X Link](https://x.com/btc_overflow/status/2017732179254497369)  2026-01-31T22:50Z 17.1K followers, [----] engagements


"Higher. Many expected Strategy's pref dividend rates to decrease in [----] but I've been banging the table on higher. I expect them to keep rising into the bitcoin bear market. Strategy will pay a higher price to buy the dip but it will be worth it. Stretch Dividend Rate increased by [--] bps to 11.25% for February [----]. $STRC https://t.co/IwVI2Xg1qO Stretch Dividend Rate increased by [--] bps to 11.25% for February [----]. $STRC https://t.co/IwVI2Xg1qO"  
[X Link](https://x.com/btc_overflow/status/2018164148626960656)  2026-02-02T03:26Z 17.1K followers, [----] engagements


"Saturn is building the next phase of Bitcoins integration into the global financial system: Stablecoins backed by Digital Credit. Im thrilled to join Saturn as an Advisor. Its long been apparent to many in the space that products would be built on top of dividend paying Bitcoin backed preferred shares. And its long been the holy grail to develop a Bitcoin backed stablecoin. Saturn is in the right place at the right time with the right team to lead this wave of development. Bitcoin is apex collateral and the rails that bridge Bitcoin with the real economy are being built. Were excited to"  
[X Link](https://x.com/btc_overflow/status/2018751028452110619)  2026-02-03T18:18Z 17.1K followers, [----] engagements


"A trade I might like later this year is rotating $STRC or cash into $STRD. Pref dividend rates will likely increase into the bear market. For STRD this means lower market prices. But the turnaround (yet to be confirmed) would be an opportunity to secure higher effective rates"  
[X Link](https://x.com/btc_overflow/status/2019029421261488562)  2026-02-04T12:45Z 17.1K followers, [----] engagements


"@LizardWizardBTC Nakamoto also quite high but I think SQNS the highest"  
[X Link](https://x.com/btc_overflow/status/2019273040715194372)  2026-02-05T04:53Z 17.1K followers, [---] engagements


"$MSTR earnings call will not have good numbers to report. Headlines will be unkind tomorrow. But ultimately nothing will be different tomorrow than it was today. Saylor just needs to HODL and let the Bitcoin thesis play out"  
[X Link](https://x.com/btc_overflow/status/2019477139574165743)  2026-02-05T18:24Z 17.1K followers, 13.6K engagements


"👀 @usdat21 mentioned on $MSTR earnings call"  
[X Link](https://x.com/btc_overflow/status/2019541048662585523)  2026-02-05T22:38Z 17.1K followers, [----] engagements


"Tone shift regarding prefs on the $MSTR earnings call. Strategy is 100% focused on $STRC and other prefs are taking a back seat. Rightly so. The derivatives ecosystem is currently being built around STRC. I'm aware of or directly involved in several such projects"  
[X Link](https://x.com/btc_overflow/status/2019566119468589336)  2026-02-06T00:17Z 17.1K followers, [----] engagements


"During the 2021-22 cycle $MSTR had a peak-to-trough drawdown of 90%. But on the way back up from trough-to-peak it had a 3650% gain. Strategy has a history of coming back with a vengeance when Bitcoin is in ascendance"  
[X Link](https://x.com/btc_overflow/status/2019810315823886591)  2026-02-06T16:28Z 17.1K followers, [----] engagements


"$ASST now trading on 1-for-20 reverse-split adjusted basis"  
[X Link](https://x.com/btc_overflow/status/2019813039768481809)  2026-02-06T16:38Z 17.1K followers, [----] engagements


"I suspect there's lots of FOMO buying now. Everyone who didn't buy Bitcoin in low $60Ks yesterday or worse sold now panicking to get long over $70K"  
[X Link](https://x.com/btc_overflow/status/2019828939154420212)  2026-02-06T17:42Z 17.1K followers, [----] engagements


"@morpheus7447x Might still be another chance later this year but pretty convincing local bottom. Short-term I think more opportunities in the $60Ks would be interesting"  
[X Link](https://x.com/btc_overflow/status/2019839131292246035)  2026-02-06T18:22Z 17.1K followers, [---] engagements


"Bitcoin Treasuries have been a hated trade the past few months but I still see high quality ones $MSTR and $MTPLF in particular as apex beta trades. That said the volatility is not for everyone. Massive dislocations in vol lead to periods of extreme over and under valuation"  
[X Link](https://x.com/btc_overflow/status/2019859436731252878)  2026-02-06T19:43Z 17.1K followers, [----] engagements


"@JesseKobernick Wrapped bitcoin means a very specific thing- wBTC which is a 1:1 BTC backed token that trades on altcoin rails. It's not clear that's what he meant but that's what it is"  
[X Link](https://x.com/btc_overflow/status/2019949566338937270)  2026-02-07T01:41Z 17.1K followers, [---] engagements


"@JesseKobernick Exactly like BTC. Not sure why he would highlight this unless he didn't want to say plain BTC or wasn't using terms precisely. It's a bit like saying it outperforms IBIT"  
[X Link](https://x.com/btc_overflow/status/2019956122317385999)  2026-02-07T02:07Z 17.1K followers, [---] engagements


"The opportunity cost for subscribing to a newspaper that warns you against bitcoin is a 9451.12% return. @FT If someone spent $59 a month on BTC instead of the FT subscription since the FT first published an article on BTC in [----]. This is the result. https://t.co/S8ogYfG9qu @FT If someone spent $59 a month on BTC instead of the FT subscription since the FT first published an article on BTC in [----]. This is the result. https://t.co/S8ogYfG9qu"  
[X Link](https://x.com/btc_overflow/status/2020474120580763718)  2026-02-08T12:25Z 17.1K followers, [----] engagements


"Part of what made $MSTR such an epic trade from the [----] bear market floor was that it that traded at a steep discount to NAV reaching 0.7x diluted and 0.51x basic. There was asymmetry even in just closing to NAV that was far better than other trades like the GBTC discount"  
[X Link](https://x.com/btc_overflow/status/2020485400108646418)  2026-02-08T13:10Z 17.1K followers, [----] engagements


"Last week's $MSTR / $BTC price action did not stop the dots. Orange Dots Matter. https://t.co/QYLQpgoWbQ Orange Dots Matter. https://t.co/QYLQpgoWbQ"  
[X Link](https://x.com/btc_overflow/status/2020501494316056720)  2026-02-08T14:14Z 17.1K followers, [----] engagements


"We're not out of the woods yet on Bitcoin. Too many are rushing to declare the bottom after the Feb [--] sell off. But there is also risk to being sidelined. Just as [----] was the year of waiting for "just one more pump" [----] could be the year of waiting for "just one more dump.""  
[X Link](https://x.com/btc_overflow/status/2020547120135033156)  2026-02-08T17:15Z 17.1K followers, [----] engagements


"There is a good reason it's called HODLing. If I put $100 in Bitcoin in [----] Id have $2.8B now. No. If you bought $100 of Bitcoin in [----] and watched it go to: $1k $100k $1.7M and did nothing Then watched $1.7M go to $170k and still did nothing Then watched $170k go to $110M and still did nothing Then If I put $100 in Bitcoin in [----] Id have $2.8B now. No. If you bought $100 of Bitcoin in [----] and watched it go to: $1k $100k $1.7M and did nothing Then watched $1.7M go to $170k and still did nothing Then watched $170k go to $110M and still did nothing Then"  
[X Link](https://x.com/btc_overflow/status/2020641601396289803)  2026-02-08T23:31Z 17.1K followers, [----] engagements


"Another week another [----] BTC off the market. Strategy has acquired [----] BTC for $90.0 million at $78815 per bitcoin. As of 2/8/2026 we hodl [------] $BTC acquired for $54.35 billion at $76056 per bitcoin. $MSTR $STRC https://t.co/tJ7Ilwpc2l Strategy has acquired [----] BTC for $90.0 million at $78815 per bitcoin. As of 2/8/2026 we hodl [------] $BTC acquired for $54.35 billion at $76056 per bitcoin. $MSTR $STRC https://t.co/tJ7Ilwpc2l"  
[X Link](https://x.com/btc_overflow/status/2020855998898930175)  2026-02-09T13:43Z 17.1K followers, [----] engagements


"If you already rode the 50% BTC drawdown and then decide you're going to sell and rebuy lower to squeeze out that extra 10% at the bottom you're doing it wrong"  
[X Link](https://x.com/btc_overflow/status/2021013438718476633)  2026-02-10T00:08Z 17.1K followers, [----] engagements


"Will we see rotation from $STRC to $SATA after STRC's ex-dividend date on Feb [--] Rotation is hypothesized to be why SATA closed to par last month. SATA subsequently took hits due to the follow-on offering and bitcoin dip but short-term turbulence appears to be past"  
[X Link](https://x.com/btc_overflow/status/2021245444873994509)  2026-02-10T15:30Z 17.1K followers, [----] engagements


"24/5 single stock futures should make for some interesting after hours action. BREAKING: CME Group to launch single stock futures this summer enabling leveraged long and short trading 24/5. BREAKING: CME Group to launch single stock futures this summer enabling leveraged long and short trading 24/5"  
[X Link](https://x.com/btc_overflow/status/2021289665693729164)  2026-02-10T18:26Z 17.1K followers, [----] engagements


"Where does Metaplanet price go from here Some thoughts. Price is once again bumping up against firm historical support at [---] ($2.33). I'm reluctant to conclude that the Bitcoin bear market is over or that the bottom is in but nonetheless Metaplanet has firm price support at these levels. On the other hand if we zoom out this is objectively one of the worst inverse head and shoulders formations you will ever see on a chart. Another leg down to mid-2024 levels would take price down a further 72% to [---] ($0.65). That said I find such a drastic move unlikely. Metaplanet is a materially different"  
[X Link](https://x.com/btc_overflow/status/2021336857284349986)  2026-02-10T21:33Z 17.1K followers, [---] engagements


"Where does Metaplanet price go from here Some thoughts. Price is once again bumping up against firm historical support at [---] ($2.33). I'm reluctant to conclude that the Bitcoin bear market is over or that the bottom is in but nonetheless Metaplanet has firm price support at these levels. On the other hand if we zoom out this is objectively one of the worst head and shoulders formations you will ever see on a chart. Another leg down to mid-2024 levels would take price down a further 72% to [---] ($0.65). That said I find such a drastic move unlikely. Metaplanet is a materially different company"  
[X Link](https://x.com/btc_overflow/status/2021338838128316551)  2026-02-10T21:41Z 17.1K followers, [----] engagements


"Huge. Paves the pathway for a Korean BTCTC to access international capital. It used to be nigh on impossible for non-Koreans to buy Korean stocks. FSC has approved IBKR access to Korean stocks so Fintwit can mop up the Korea Discount. https://t.co/pm5u4n119d FSC has approved IBKR access to Korean stocks so Fintwit can mop up the Korea Discount. https://t.co/pm5u4n119d"  
[X Link](https://x.com/btc_overflow/status/2021352064715313300)  2026-02-10T22:34Z 17.1K followers, [---] engagements


"Huge. Paves the way for a Korean BTCTC to access international capital. It used to be nigh on impossible for non-Koreans to buy Korean stocks. FSC has approved IBKR access to Korean stocks so Fintwit can mop up the Korea Discount. https://t.co/pm5u4n119d FSC has approved IBKR access to Korean stocks so Fintwit can mop up the Korea Discount. https://t.co/pm5u4n119d"  
[X Link](https://x.com/btc_overflow/status/2021358230157525080)  2026-02-10T22:58Z 17.1K followers, [----] engagements


"@BraisMichael Monitoring some possibilities. Will talk more about them if they get some traction"  
[X Link](https://x.com/btc_overflow/status/2021371837473796567)  2026-02-10T23:52Z 17.1K followers, [--] engagements


"Significant difference between where bitcoin was at this time in [----] and where it's at now in [----]. The return of $58K gang could still be in the cards before [----] is out but there is a large support zone to buffer a larger gap down. $BTC weekly In [----] after bitcoin lost $30K it was sitting above an air pocket with heavy overhead resistance as one domino fell after another (Luna Celsius 3AC FTX) while macro headwinds grew stronger. In [----] after bitcoin lost $75K it is sitting below an air pocket https://t.co/Kcs7UfUmhG $BTC weekly In [----] after bitcoin lost $30K it was sitting above an air"  
[X Link](https://x.com/btc_overflow/status/2021436197139251548)  2026-02-11T04:08Z 17.1K followers, [----] engagements


"I view much of my content on X as an effort to simplify the obfuscatory language of the dog on the right into the plain clear language of the dog on the left for a general audience. Clarity and simplicity breed better thinking. So true. 😆 https://t.co/uQWD8n4QaK So true. 😆 https://t.co/uQWD8n4QaK"  
[X Link](https://x.com/btc_overflow/status/2021600096480112687)  2026-02-11T14:59Z 17.1K followers, [----] engagements


"I like NGU as much as the next guy but Bitcoin is not primarily a trade for me. It's the change I wish to see the world. Digital hard money. Separation of money and state. The world recapitalized on an honest transparent decentralized foundation"  
[X Link](https://x.com/btc_overflow/status/2021645007640535054)  2026-02-11T17:58Z 17.1K followers, [----] engagements


"$STRC back to par. Let's go"  
[X Link](https://x.com/btc_overflow/status/2021680764828500075)  2026-02-11T20:20Z 17.1K followers, [----] engagements


"The art of taking profit is probably the most important skill investors will need over the next few years. When you look at the charts and see parabolas everywhere at some point those parabolas are going to break and you need to be ready to avoid round-tripping it"  
[X Link](https://x.com/btc_overflow/status/2021757668520767567)  2026-02-12T01:26Z 17.1K followers, [----] engagements


"Not familiar with Blockfills but this rarely ends well. BLOCKFILLS HALTS WITHDRAWALS AMID CRYPTO TURMOIL Susquehanna-backed crypto lender BlockFills has suspended client deposits and withdrawals citing recent market volatility. The Chicago-based firm which serves [----] institutional clients and handled $60 bn in [----] trading https://t.co/kK2BLQkE3t BLOCKFILLS HALTS WITHDRAWALS AMID CRYPTO TURMOIL Susquehanna-backed crypto lender BlockFills has suspended client deposits and withdrawals citing recent market volatility. The Chicago-based firm which serves [----] institutional clients and handled"  
[X Link](https://x.com/btc_overflow/status/2021769758018855344)  2026-02-12T02:14Z 17.1K followers, [----] engagements


"@KobeissiLetter Surely this won't be possible as long as the Ukraine war is still ongoing"  
[X Link](https://x.com/btc_overflow/status/2022000772729455066)  2026-02-12T17:32Z 17.1K followers, [----] engagements


"I've recently become a fan of @NorthstarCharts charts. Worth a listen and a follow. Struggling to read Bitcoin charts Lets fix that. Im joined by Kevin Wadsworth (@NorthstarCharts) to break down his case for more downside risk (bottom in Q3/Q4) and the Capital Rotation Event: why many assets look bearish while gold holds strong. TIMESTAMPS: 00:00 Who is https://t.co/ltPTprlAa3 Struggling to read Bitcoin charts Lets fix that. Im joined by Kevin Wadsworth (@NorthstarCharts) to break down his case for more downside risk (bottom in Q3/Q4) and the Capital Rotation Event: why many assets look"  
[X Link](https://x.com/btc_overflow/status/2022001031010562173)  2026-02-12T17:33Z 17.1K followers, 10.6K engagements


"@RoaringRagnar Buy and sell the chart you see. Not the narrative for why changes are "structural" and it's shooting right back up to ATHs. Market teaches the same lesson over and over again"  
[X Link](https://x.com/btc_overflow/status/2022089209880985735)  2026-02-12T23:23Z 17.1K followers, [---] engagements


"Neat thing about the RAM trade. More demand is coming when direct trading of Korean stocks comes to IBKR mid-2026. Also Samsung and SK Hynix dominate so much of the Korean market that combined they account for 46% of $EWY. Three companies make nearly all of the RAM in the world and two of them are in Korea. It's Korea's turn to be like: https://t.co/1GBjLMiCvr Three companies make nearly all of the RAM in the world and two of them are in Korea. It's Korea's turn to be like: https://t.co/1GBjLMiCvr"  
[X Link](https://x.com/btc_overflow/status/2022129124282970207)  2026-02-13T02:02Z 17.1K followers, [----] engagements


"Even if the $MSTR / $BTC bottom is in (I don't think it is) conditions are still not right for a return of the life-changing MSTR options trade. If we chop here for 6-8 months LEAPS get eaten alive by theta decay. Need to wait until IV is beaten down or turnaround is confirmed"  
[X Link](https://x.com/btc_overflow/status/2022131704065044591)  2026-02-13T02:12Z 17.1K followers, 10.5K engagements


"When not if the Bitcoin bull market returns we will not be humble"  
[X Link](https://x.com/btc_overflow/status/2022148381343363089)  2026-02-13T03:18Z 17.1K followers, [----] engagements


"@JesseKobernick We lack the language to talk about it simply. It's a hybrid instrument lacking in standard terminology. Strategy made up the word "amplification" to describe it"  
[X Link](https://x.com/btc_overflow/status/2022157721492201479)  2026-02-13T03:55Z 17.1K followers, [---] engagements


"I doubt Strategy would be able to refinance its debt if bitcoin fell to $8K at a CB maturity. The number at which refinancing options disappear is likely significantly higher but still low enough that dropping to and staying at those levels is not a realistic outcome"  
[X Link](https://x.com/btc_overflow/status/2022174509655306596)  2026-02-13T05:02Z 17.1K followers, [----] engagements


"Expected $STRC ex-dividend dip under way. Things to watch out for the next couple weeks. 1) Rotation into $SATA for the EOM dividend 2) How quickly does $STRC regain par"  
[X Link](https://x.com/btc_overflow/status/2022274557164372449)  2026-02-13T11:40Z 17.1K followers, [----] engagements


"@JohnMavler Just as we all agreed the top was the expected outcome in Q4 [----] and therefore would not happen because markets don't do what is expected but happened anyway the bottom could also very well materialize at the expected time"  
[X Link](https://x.com/btc_overflow/status/2022278902761111972)  2026-02-13T11:57Z 17.1K followers, [--] engagements


"@Eladsha12 Was only a 5% premium at issuance. Warrants marked at a 15% premium but will effectively be a discount since they won't be exercised unless ITM. Good that they could do raise but still going to be a challenging year"  
[X Link](https://x.com/btc_overflow/status/2022280737567707585)  2026-02-13T12:04Z 17.1K followers, [---] engagements


"@sunny051488 500% amplification at 50% dividend let's go"  
[X Link](https://x.com/btc_overflow/status/2022282782408343585)  2026-02-13T12:12Z 17.1K followers, [---] engagements


"@ableinch It's usually mid-month and announced with an 8-K"  
[X Link](https://x.com/btc_overflow/status/2022285393945559336)  2026-02-13T12:23Z 17.1K followers, [---] engagements


"$SATA dividend bumped 0.25% to 12.5%. Frankly would like to have seen a larger increase given how it has traded recently but let's see if it can catch a bid off the STRC rotation. Strive Increases $SATA Perpetual Preferred Stock Dividend From 12.25% to 12.5%. $ASST https://t.co/IR0AcQqihT Strive Increases $SATA Perpetual Preferred Stock Dividend From 12.25% to 12.5%. $ASST https://t.co/IR0AcQqihT"  
[X Link](https://x.com/btc_overflow/status/2022310519500075024)  2026-02-13T14:02Z 17.1K followers, [----] engagements


"@INDIANHODL What if $58K in [----] is $16K in [----]. I want a long grindy bottom that flattens IV for those options"  
[X Link](https://x.com/btc_overflow/status/2022367824996348272)  2026-02-13T17:50Z 17.1K followers, [---] engagements


"If you have any kind of life outside of investing you don't have the time to familiarize yourself with the ins-and-outs and nitty gritty details of every in-vogue investment theme. But you can familiarize yourself with narrative and chart patterns common to all bubble tops"  
[X Link](https://x.com/btc_overflow/status/2022692197544362000)  2026-02-14T15:19Z 17.1K followers, [---] engagements


"@sea_abh There's more going on here than a "spooked" market. Convertible debt is typically sold to arbitrageurs who aren't taking a directional bet on the stock and short 50% of the position up front to delta hedge"  
[X Link](https://x.com/btc_overflow/status/2023009941859242011)  2026-02-15T12:22Z 17.1K followers, [----] engagements


"@sea_abh But that's exactly how every major convertible deal works it's not unique to ASTS. The mechanical short pressure is temporary and front-loaded. Yes exactly. Ordinary CB issuance cycle playing out. Sharp price drop due to convert hedging not reflective of bearish sentiment"  
[X Link](https://x.com/btc_overflow/status/2023101580569157718)  2026-02-15T18:26Z 17.1K followers, [--] engagements


"@Hundreddude @sea_abh That high volume gap down is most of the CB hedging being done AH the day of the announcement. The hedge funds will want to keep price pinned $80-$85 until the converts close on Feb [--]. After that price pinning action should ease"  
[X Link](https://x.com/btc_overflow/status/2023107128597131754)  2026-02-15T18:48Z 17.1K followers, [--] engagements


"Following the $ASTS chart with interest. It's forming a monster ascending broadening wedge. These typically break to the downside but if it completes the leg down and bounces off support for another trip up the channel it could be a wild ride"  
[X Link](https://x.com/btc_overflow/status/2023211276181115201)  2026-02-16T01:42Z 17.1K followers, [--] engagements


"Following the $ASTS chart with interest. It's forming a monster ascending broadening wedge. These typically break to the downside but if it completes the leg down and bounces off support for another trip up the channel it could be a wild ride"  
[X Link](https://x.com/btc_overflow/status/2023211640192123124)  2026-02-16T01:43Z 17.1K followers, [---] engagements


"This is $NAKA's actual pitch deck filed with the SEC. BTC Inc highlighted prominently on slides 15-17. The BTC Inc acquisition was not hidden in the fine print it was pitched as a core component of what the company would be. https://www.sec.gov/Archives/edgar/data/1946573/000121390025041722/ea024162001ex99-2_kindly.htm https://www.sec.gov/Archives/edgar/data/1946573/000121390025041722/ea024162001ex99-2_kindly.htm"  
[X Link](https://x.com/btc_overflow/status/2023980737104421173)  2026-02-18T04:39Z 17.1K followers, [---] engagements


"This is $NAKA's actual pitch deck filed with the SEC. BTC Inc highlighted prominently on slides 15-17. The BTC Inc acquisition was not hidden in the fine print it was pitched as a core component of what the company would be. https://sec.gov/Archives/edgar/data/1946573/000121390025041722/ea024162001ex99-2_kindly.htm https://sec.gov/Archives/edgar/data/1946573/000121390025041722/ea024162001ex99-2_kindly.htm"  
[X Link](https://x.com/btc_overflow/status/2023983178373804445)  2026-02-18T04:49Z 17.1K followers, [---] engagements


"AI generated options trade going swimmingly so far sitting at 55% of potential gain. Small test position with real money for skin in the game. Price action for the $ASTS CB issuance cycle unfolding exactly as anticipated. New experiment designing an options trade with AI. Since as we $MSTR fans know the convertible bond issuance cycle tends to follow a fairly predictable pattern I decided to see what Gemini could come up with for a trade around $ASTS's recent CB. Background: The CB settles https://t.co/o6vTfl1ASa New experiment designing an options trade with AI. Since as we $MSTR fans know"  
[X Link](https://x.com/btc_overflow/status/2024144085125157286)  2026-02-18T15:28Z 17.1K followers, [----] engagements


"H100 Update ($H100 $GS9 $HOGPF) Sep [--] [----]. In addition to the final leg of our US roadshow in NYC this was another week jam packed full of news for H100. On Wednesday we announced the addition of a further [--] BTC to our treasury bringing us up to a total of [-------] BTC. Following the results of our AGM @Sanderandersenn steps up from CEO to Executive Chairman and @Wiik_Johannes steps up from COO to CEO. This new tight management structure will allow us to even further improve our agility and speed of execution. We had a highly productive week meeting with both institutional and private"  
[X Link](https://x.com/btc_overflow/status/1969436540368470073)  2025-09-20T16:20Z 17.1K followers, [----] engagements


"H100 Update ($H100 $GS9 $HOGPF) Sep [--] [----]. As our Executive Chairman @Sanderandersenn commented its been a tough week for the @H100Group share price but its part of the reality of public markets and you cant always share whats in motion until its done. The strategies that took H100 Group from [--] to [----] BTC were exactly what we needed for that phase. However as we look to the path toward [-----] BTC and beyond new strategies will be needed. Our next phase of development focuses on scale liquidity and institutional partnerships. At this stage we are hyper focused on developing strategies that"  
[X Link](https://x.com/btc_overflow/status/1971938509733663100)  2025-09-27T14:02Z 17.1K followers, 11.9K engagements


"H100 Update ($H100 $GS9 $HOGPF) Oct [--] [----]. This week H100 published our Operation Svalbard roadmap. [--] steps to strengthen H100 at the intersection of Bitcoin and longevity. Direct link: We have received many questions and here are a few FAQs: Q: Are the [--] steps in chronological order A: There are some sequential interdependenciessome steps make other steps possible. But in general it is not chronological. We are working across multiple steps in parallel. Q: Has some of the work been done already A: Yes we are already in motion on various stages of planning and execution. Q: Do you plan to"  
[X Link](https://x.com/btc_overflow/status/1977011308907155537)  2025-10-11T14:00Z 17.1K followers, [----] engagements


"H100 Update ($H100 $GS9 $HOGPF) Oct [--] [----]. Amid a continued challenging market environment recent events highlight the resilience of intelligently structured corporate leverage. Whereas an estimated $5.36 billion in leveraged bitcoin positions and $19.5 billion in total leveraged crypto positions were liquidated in last weekends flash crash unsecured debt in the form of convertible bonds that are termed out years into the future such as H100 has commonly employed faced no immediate liquidation risk. Asset-liability matching is a key component of risk management when strategically employing"  
[X Link](https://x.com/btc_overflow/status/1979570197758685639)  2025-10-18T15:28Z 17.1K followers, [----] engagements


"H100 Update ($H100 $GS9 $HOGPF) Oct [--] [----]. In recent weeks there has been much conversation on X and online about BTCTC share prices largely having moved together over prior months and the market not valuing companies as if it were differentiating among companies with varying histories of execution and strategy. There are two salient points of differentiation for H100 amidst current market circumstances. 1) H100 has not relied exclusively on share issuance for fundraising but has also employed leverage in the form of convertible bonds with a current leverage ratio of 31%. We are well"  
[X Link](https://x.com/btc_overflow/status/1982120485732188279)  2025-10-25T16:22Z 17.1K followers, [----] engagements


"H100 Update ($H100 $GS9 $HOGPF) Nov [--] [----]. Much time this week was spent on preparation of written materials and documents in relation to execution of steps in our Operation Svalbard roadmap. While we are not at liberty to discuss detailed status updates on current operations we continue to work hard behind the scenes and remain optimistic about the rest of Q4 [----]. Two main themes emerged in markets this week relevant to H100. Firstly there has been much discussion about long-term holders selling bitcoin. $100000 was a milestone price level that holders from as far back as the Satoshi era"  
[X Link](https://x.com/btc_overflow/status/1984629972565168627)  2025-11-01T14:33Z 17.1K followers, [----] engagements


"@rohanhirani Nice analysis. Better to use the primary NGM:H100 ticker for H100 analysis than the GS9 Frankfurt ticker. Historical data available here: https://www.ngm.se/en/market/securitysymbol=H100 https://www.ngm.se/en/market/securitysymbol=H100"  
[X Link](https://x.com/btc_overflow/status/1984660864285245878)  2025-11-01T16:36Z 17.1K followers, [---] engagements


"H100 Update ($H100 $GS9 $HOGPF) Nov [--] [----]. H100 saw elevated trading volumes toward the end of this week. [-------] shares traded on Thursday the second highest daily volume since August. Diluted mNAV briefly dipped below 1x earlier in the week but has since recovered to slightly above 1x. As addressed in my previous update there was much discussion last week about how Strategys intentions to launch foreign currency denominated preferred shares impacts non-US BTCTCs. This week we saw Strategy go to market with euro-denominated preferred shares. We continue to believe that this is a net"  
[X Link](https://x.com/btc_overflow/status/1987154993737035997)  2025-11-08T13:47Z 17.1K followers, [----] engagements


"H100 Update ($H100 $GS9 $HOGPF) Nov [--] [----]. The H100 team spent much of this week preparing for earnings which will be reported next week on Wednesday November [--] for the interim period of May-September [----]. In markets its been another week of pressure on Bitcoin and Bitcoin treasuries. Though we have seen some positive developments in the space. Last weekend Jim Chanos announced unwinding his highly publicized Short MSTR/Long BTC pair trade and advising his clients to do the same removing significant short interest from the BTCTC space. In tandem one of our most active investor community"  
[X Link](https://x.com/btc_overflow/status/1989725745501864237)  2025-11-15T16:02Z 17.1K followers, [----] engagements


"No one is talking about the most obvious choice for Secretary of the Treasury: Michael Saylor. #Bitcoin"  
[X Link](https://x.com/btc_overflow/status/1814071029620207946)  2024-07-18T22:53Z 17.1K followers, 11.6K engagements


"If you're not following these companies you should be. All are taking inspiration from $MSTR and pushing forward with #Bitcoin treasuries: $SMLR: Semler Scientific $DEFTF (CA): DeFi Technologies $MOGO (CA): Mogo Inc. [----] (JP): #Metaplanet And possibly $DELL coming soon"  
[X Link](https://x.com/btc_overflow/status/1815409897405558908)  2024-07-22T15:33Z 17.1K followers, [----] engagements


"$MSTR convertible note details are in. Offered bumped to $875 million at 0.625%. Converts at 40% premium to current share price. A nearly 90% reduction in interest rate on the $500m rolled over from the [----] senior secured notes. Fantastic terms IMO since not all use is #BTC. MicroStrategy Announces Pricing of Offering of Convertible Senior Notes $MSTR https://t.co/xIsCTvCBgH MicroStrategy Announces Pricing of Offering of Convertible Senior Notes $MSTR https://t.co/xIsCTvCBgH"  
[X Link](https://x.com/btc_overflow/status/1836378267944669203)  2024-09-18T12:14Z 17.1K followers, 31.2K engagements


"People decrying $MSTR's #bitcoin bank endgame probably don't realize that Hal Finney foresaw this as the endgame for bitcoin more than a decade ago. Though I think we should still strive to build first-class self-custody solutions to keep the system honest"  
[X Link](https://x.com/btc_overflow/status/1845096559718855008)  2024-10-12T13:37Z 17.1K followers, 61K engagements


"@BTCGandalf By devaluing the money U.S. citizens could be using to buy their own personal strategic reserves"  
[X Link](https://x.com/btc_overflow/status/1854226631960768820)  2024-11-06T18:17Z 17.1K followers, [---] engagements


"And that's a wrap. $MSTR closes at $387.47 with a market cap of $89.30B for the Nasdaq [---] snapshot. Official inclusion announcement is on Dec [--]. Fund rebalancing on Dec 20"  
[X Link](https://x.com/btc_overflow/status/1862561150069604816)  2024-11-29T18:15Z 17.1K followers, 206.2K engagements


"$MSTR debt FUD is hilarious because no one ever pulls out a calculator. MSTR currently has a leverage ratio of 17% on their BTC holdings with a target around 25%. Meanwhile in real estate 500% leverage is normal and FHA loans enable $2857% leverage. But sure let's FUD MSTR"  
[X Link](https://x.com/btc_overflow/status/1870494160979214407)  2024-12-21T15:38Z 17.1K followers, 74.1K engagements


"People are absolutely terrified to buy $MSTR right now. This makes me insanely bullish. Simply doing the opposite of whatever the prevailing mood on X is performs great. The people showing their 10000% gains made it by buying when no one else believed"  
[X Link](https://x.com/btc_overflow/status/1874969941524480184)  2025-01-03T00:04Z 17.1K followers, 88.9K engagements


"@coryklippsten "Bitcoin Greenland" is the most auspicious name for conference you can get. Just saying"  
[X Link](https://x.com/btc_overflow/status/1878454647540637830)  2025-01-12T14:51Z 17.1K followers, [---] engagements


"Let's talk $MSTR options. You've seen the 10000% gains screenshots. MSTR options have turned people into millionaires and deca-millionaires. But how do options work And how do you trade options for MSTR specifically A resource guide. 🔖👇 YouTube channels Project Finance - Options beginners playlist Climb That Ladder (@ActuallyClimber) - MSTR call options NithusezniSezni (@nithusezni) - MSTR covered call strategies Danny (@hillery_dan) - MSTR options trading Accounts @JoshMandell6 - Former head of short-dated options trading at Salomon Brothers @dgt10011 - Head of Alpha Strategies at Bitwise"  
[X Link](https://x.com/btc_overflow/status/1880010930269880585)  2025-01-16T21:55Z 17.1K followers, 112.6K engagements


"After further analysis I'm warming up much more to $MSTR's preferred stock offering $STRK. Doing a rudimentary back of the envelope calculation on STRK it is more accretive than 0% CBs if they convert in less than [----] years. It also removes credit risk as STRK is equity not debt. Here's how I arrived at [----] years: - STRK's initial conversion premium is 200% (calculated on $1000 strike) vs. 50% premium on CBs. - Assuming best case of 0% CB cumulative dividends must exceed the difference of 150% premium $500 before they are less accretive. - Dividends on [--] share of STRK = $80/year. 500/80 ="  
[X Link](https://x.com/btc_overflow/status/1884303369319149606)  2025-01-28T18:11Z 17.1K followers, [---] engagements


"I love this $MSTR released its own version of mstr-tracker"  
[X Link](https://x.com/btc_overflow/status/1887262051770495364)  2025-02-05T22:08Z 17.1K followers, 61.9K engagements


"Many misunderstand $STRK as being like an $89.50 (current price) call option on $MSTR with $1000 strike. STRK converts to MSTR at a ratio of 10:1. This means you're effectively paying $89.50*10 = $895 per share of MSTR upfront in exchange for a dividend"  
[X Link](https://x.com/btc_overflow/status/1889112132320444756)  2025-02-11T00:40Z 17.1K followers, 72.1K engagements


"$GME dumping after hours on news of the convertible bond. A typical TradFi response to CBs but these people have no idea what's about to happen here. The game is afoot"  
[X Link](https://x.com/btc_overflow/status/1905012176529834446)  2025-03-26T21:41Z 17.1K followers, 31.3K engagements


"It's not $XXI vs. $MSTR. This is co-opetition not competition. If XXI is a huge success you have no idea how much it is going to pump MSTR's bags"  
[X Link](https://x.com/btc_overflow/status/1915193025451487614)  2025-04-23T23:56Z 17.1K followers, 58.6K engagements


"I cover Bitcoin Treasury Companies because I want to champion bitcoin adoption. But they aren't Pokemon. You don't have to catch them all"  
[X Link](https://x.com/btc_overflow/status/1919885436765221203)  2025-05-06T22:42Z 17.1K followers, [----] engagements


"I don't think people are bullish enough on $KDLY and $TOPW. They're not just new bitcoin treasury companies. They will leverage their balance sheets to launch a portfolio of new bitcoin treasury companies. As @adam3us put it it's like bitcoin treasury companies squared"  
[X Link](https://x.com/btc_overflow/status/1923778169036825073)  2025-05-17T16:30Z 17.1K followers, [----] engagements


"@DK1RK @adam3us All the new launches are getting a tad overwhelming. $OWNB selects for more mature companies in the space. I see $KDLY as something akin to a cross between a rest of world small-mid cap BTC treasury "index" and being an "LP" in a bitcoin treasury VC fund"  
[X Link](https://x.com/btc_overflow/status/1923810144015544374)  2025-05-17T18:37Z 17.1K followers, [---] engagements


"And Metaplanet taps limit-up. The fun begins again. $MTPLF"  
[X Link](https://x.com/btc_overflow/status/1926808713534292085)  2025-05-26T01:12Z 17.1K followers, 44.5K engagements


"Here we go. Strategy prices $STRD at 12:00 PM ET today. The $250M target raise might look low but I wouldn't be surprised if Strategy engineers this to be the largest upsize of their preferred IPOs to date"  
[X Link](https://x.com/btc_overflow/status/1930605126114214370)  2025-06-05T12:38Z 17.1K followers, 95.5K engagements


"What happens when $MTPLF starts tapping US capital markets in addition to Japanese capital markets. Excited to announce that Metaplanet has established our U.S. headquarters in Miami. Thank you @francissuarez for the warm welcome. Were proud to be building in one of the worlds most tech-forward pro-innovation cities for Bitcoin. https://t.co/edBQ6kqQ5H Excited to announce that Metaplanet has established our U.S. headquarters in Miami. Thank you @francissuarez for the warm welcome. Were proud to be building in one of the worlds most tech-forward pro-innovation cities for Bitcoin."  
[X Link](https://x.com/btc_overflow/status/1931147368076116169)  2025-06-07T00:33Z 17.1K followers, 37.2K engagements


"What if Saylor turned the $MSTR ATM off for a month. What if preferred-fueled BTC buys continued. What if S&P [---] eligibility were just around the corner. What if BTC was flirting with ATHs. What if"  
[X Link](https://x.com/btc_overflow/status/1932197674461098139)  2025-06-09T22:06Z 17.1K followers, 46K engagements


"Will be a $1B+ dot this week with funds from the $STRD IPO. Bigger Dots are etter https://t.co/vm1UItzmRb Bigger Dots are etter https://t.co/vm1UItzmRb"  
[X Link](https://x.com/btc_overflow/status/1934232617219457382)  2025-06-15T12:52Z 17.1K followers, 20.8K engagements


"It's worth remembering that the ascendance of Bitcoin Treasury Companies we're experiencing is largely due to one man. The industry owes a debt of gratitude to @saylor for pioneering the playbook and suffering all the arrows in the back as the first man on the field"  
[X Link](https://x.com/btc_overflow/status/1937288092597018922)  2025-06-23T23:14Z 17.1K followers, 37.7K engagements


"That's Q2 in the books. $MSTR uses the Coinbase market price of bitcoin as of [--] p.m. ET on the last day of the quarter for its EOQ reporting. At $107.8K price was well clear of the target for S&P [---] eligibility. Now it's up to the committee for possible September inclusion"  
[X Link](https://x.com/btc_overflow/status/1939784592178712745)  2025-06-30T20:34Z 17.1K followers, 22.2K engagements


"One other interesting fact about Canada is that it is to my knowledge the only other country with a US-syle ATM facility. No workarounds needed. $LQWD has one of the larger global markets to grow into with some of the most robust capital markets facilities to employ. Just want to share some classic Zynx DD. Ignore the noise. Buy the dip. There's a reason why I chose LQWD for my Canada horse. Sentiment comes and go but the numbers do not lie. There's another Canadian BTC treasury with a $28mil market cap. LQWD has a 102mil market cap. https://t.co/a1IOle5tAr Just want to share some classic"  
[X Link](https://x.com/btc_overflow/status/1941109509017256037)  2025-07-04T12:19Z 17.1K followers, [----] engagements


"The literal inventor of the Bollinger band agrees. Bitcoin looks poised for an upside breakout. Bitcoin looks to be setting up for an upside breakout. $BTCUSD More as the week gets going. Bitcoin looks to be setting up for an upside breakout. $BTCUSD More as the week gets going"  
[X Link](https://x.com/btc_overflow/status/1941986621185827319)  2025-07-06T22:24Z 17.1K followers, 27.6K engagements


"@BenPhiat Bitcoin [--] already kind of exists as $OWNB. Maybe LBE Growth ETF with minimum 25% quarterly BTC yield"  
[X Link](https://x.com/btc_overflow/status/1942350935755247692)  2025-07-07T22:32Z 17.1K followers, [---] engagements


"@_adrian @KULRTech $OWNB rebalances quarterly so next possible inclusion would be end of September I think. @dgt10011"  
[X Link](https://x.com/btc_overflow/status/1943290551924580507)  2025-07-10T12:45Z 17.1K followers, [----] engagements


"I reiterate. I believe that in the short-to-medium term $STRC could prove Strategy's most popular preferred by a wide margin. But if that turns out to be the case why wouldn't Strategy have launched STRC first Why did Strategy launch the preferred stocks that it did in the order that it did In my mind this is how the trail of thought unfolded: 1) Let's launch a product that capitalizes on our success with convertible bonds but eliminates default risk and the complexity of individual private placements. And thus $STRK was born. 2) What is the largest type of fixed income product by volume"  
[X Link](https://x.com/btc_overflow/status/1948437679865299098)  2025-07-24T17:38Z 17.1K followers, 91.2K engagements


""I think $STRC is our iPhone moment." @saylor on [----] Q2 earnings call. I reiterate. I believe that in the short-to-medium term $STRC could prove Strategy's most popular preferred by a wide margin. But if that turns out to be the case why wouldn't Strategy have launched STRC first Why did Strategy launch the preferred stocks that it did in the I reiterate. I believe that in the short-to-medium term $STRC could prove Strategy's most popular preferred by a wide margin. But if that turns out to be the case why wouldn't Strategy have launched STRC first Why did Strategy launch the preferred"  
[X Link](https://x.com/btc_overflow/status/1951057262614577652)  2025-07-31T23:07Z 17.1K followers, 143.5K engagements


"The new Metaplanet ADRs trading OTC under the ticker $MPJPY will expand liquidity and market access in the US. I hope they will consider configuring the ADRs to bring Metaplanet out of penny stock status (e.g. such as by representing 3350.T shares 10:1 per ADR). U.S. trading of Metaplanet ADRs begins December [--]. Ticker: $MPJPY This directly reflects feedback from U.S. retail and institutional investors seeking easier access to our equity. Another step toward broader global participation in Metaplanet. https://t.co/XEvfAFw8Z3 U.S. trading of Metaplanet ADRs begins December [--]. Ticker: $MPJPY"  
[X Link](https://x.com/btc_overflow/status/2002039433906761755)  2025-12-19T15:32Z 17.1K followers, [----] engagements


"Houston authorize launch pad for being so back. $MTPLF $MPJPY"  
[X Link](https://x.com/btc_overflow/status/2007967274100273577)  2026-01-05T00:07Z 17.1K followers, [----] engagements


"$MSTR Jan '28 LEAPS are probably a good buy here but I just can't do it. I expect $MTPLF $MPJPY to provide all the convexity I have the appetite for. But that would change if we got another leg down in BTC / MSTR"  
[X Link](https://x.com/btc_overflow/status/2008278474255999239)  2026-01-05T20:44Z 17.1K followers, [----] engagements


""I'm a big fan of Metaplanet but $ASST is doomed because of the reverse stock split." Anyone know what one of the very first things Metaplanet did after its bitcoin pivot was"  
[X Link](https://x.com/btc_overflow/status/2011853881009950768)  2026-01-15T17:31Z 17.1K followers, 30.1K engagements


"Werkman may be in common but I think SQNS is actually a far worse comp. SQNS is a French stock that did not even do a reverse split--what it did was adjust its ADS share ratio. It also carried the burden of being 50% levered with CBs right out of the gate. Materially different circumstances to either Metaplanet or ASST. https://twitter.com/i/web/status/2011883320880115828 https://twitter.com/i/web/status/2011883320880115828"  
[X Link](https://x.com/btc_overflow/status/2011883320880115828)  2026-01-15T19:28Z 17.1K followers, [----] engagements


"@INDIANHODL So quick drop and $58K gang for [--] months"  
[X Link](https://x.com/btc_overflow/status/2019393722111205712)  2026-02-05T12:52Z 17.1K followers, [--] engagements

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