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[@comic](/creator/twitter/comic)
"Metaplanet has basically $X in gains after XX months of raising & deploying $3billion USD into Bitcoin Why would you be bullish on the future of this trash pile $MTPLF"  
[X Link](https://x.com/comic/status/1978925461116789022) [@comic](/creator/x/comic) 2025-10-16T20:46Z 2530 followers, 3514 engagements


"Finally $CEP s draft s4 is now public on the SEC website under $XXI Interestingly in the nominated board member. - Jack Mallers - Paolo Ardoino - Zachary Lyons - Robert Bo Hines - Jared Roscoe - Vikas J. Parekh This is by far the most stacked and capable player in the game"  
[X Link](https://x.com/comic/status/1972294854161088779) [@comic](/creator/x/comic) 2025-09-28T13:38Z 2500 followers, 7720 engagements


"What if XXI & Tether are cooking up something similar $CEP @jackmallers"  
[X Link](https://x.com/comic/status/1974261116990636363) [@comic](/creator/x/comic) 2025-10-03T23:51Z 2498 followers, XXX engagements


"@HODL15Capital @jackmallers @adam3us $CEP is X months in with no meaningful updates or progress known to the public Seems like Jack &co might miss the whole bull run"  
[X Link](https://x.com/comic/status/1975718313620877507) [@comic](/creator/x/comic) 2025-10-08T00:22Z 2498 followers, XXX engagements


"@CK_Cryptoklepto Grok is incorrect. $CEP hasnt completed merger to XXI yet And their bitcoin stack is worth 44514 BTC X $115000 = $XXXXX billion"  
[X Link](https://x.com/comic/status/1977759332805623962) [@comic](/creator/x/comic) 2025-10-13T15:32Z 2497 followers, XXX engagements


"@grok what is your prediction on XXI $CEP timeline for official s4 filing @jackmallers announced this X months ago and theres still been essentially X updates or progress made known to public. Does the government shutdown impact the SECs ability to give a thumbs up to their business plans for s4 filing"  
[X Link](https://x.com/comic/status/1978083295351947555) [@comic](/creator/x/comic) 2025-10-14T12:59Z 2499 followers, XXX engagements


"Just a reminder that $MSTR has lost XX% of its value the last X months Im guessing their blow out earnings and iPhone moment mean nothing to XXXX% of the market If youre watching the stock trend down and say things like bullish - Im so sorry Stocks trending down for months is not something to be bullish over. Are you ready for $250"  
[X Link](https://x.com/comic/status/1978092897237876840) [@comic](/creator/x/comic) 2025-10-14T13:37Z 2499 followers, XXX engagements


"@IIICapital Theyre going to .5mNAV in a bear market"  
[X Link](https://x.com/comic/status/1978447123176653218) [@comic](/creator/x/comic) 2025-10-15T13:05Z 2500 followers, XXX engagements


"@LizardWizardBTC Conservative $10m per bitcoin I want what youre smoking. Ah yes just a simple 100x from here. Duh"  
[X Link](https://x.com/comic/status/1978456605294207139) [@comic](/creator/x/comic) 2025-10-15T13:43Z 2500 followers, XXX engagements


"@LizardWizardBTC You can make any numbers work when you want them to. Unfortunately bitcoin isnt going up 100x from here"  
[X Link](https://x.com/comic/status/1978457140957217080) [@comic](/creator/x/comic) 2025-10-15T13:45Z 2500 followers, XXX engagements


"@thepowerfulHRV Gold is used for things that require constant acquisition of gold as a raw material Bitcoin doesnt have that property"  
[X Link](https://x.com/comic/status/1978469309161656689) [@comic](/creator/x/comic) 2025-10-15T14:33Z 2500 followers, XX engagements


"@RonSwanonson @RealJimChanos How is it not the same thing Saylor sells $MSTR buys bitcoin. Thats the business model. Chanos did the same thing"  
[X Link](https://x.com/comic/status/1978492693278806258) [@comic](/creator/x/comic) 2025-10-15T16:06Z 2505 followers, XX engagements


"@Jason @grok Always more bitcoin"  
[X Link](https://x.com/comic/status/1978500424526102907) [@comic](/creator/x/comic) 2025-10-15T16:37Z 2500 followers, XXX engagements


"@thepowerfulHRV @grok what are $MSTR returns since Nov X 2024"  
[X Link](https://x.com/comic/status/1978507507283689664) [@comic](/creator/x/comic) 2025-10-15T17:05Z 2505 followers, XXX engagements


"@thepowerfulHRV So bitcoin is 2x MSTR basically. Some intelligent leverage going on over there"  
[X Link](https://x.com/comic/status/1978508013242618302) [@comic](/creator/x/comic) 2025-10-15T17:07Z 2501 followers, XXX engagements


"@IIICapital They spent $3b on bitcoin and have only a tiny profit % wise relative to their holdings Why should they be worth more than NAV There is no real reason"  
[X Link](https://x.com/comic/status/1978551175784886624) [@comic](/creator/x/comic) 2025-10-15T19:58Z 2505 followers, 2504 engagements


"@SullyMichaelvan Yeah right lmao. Joe Rogans listeners are going to destroy Saylor"  
[X Link](https://x.com/comic/status/1978809176890442043) [@comic](/creator/x/comic) 2025-10-16T13:04Z 2500 followers, XXX engagements


"@Maxipsycho They would definitely be lower than that if bitcoin went under their cost average"  
[X Link](https://x.com/comic/status/1978863571942392288) [@comic](/creator/x/comic) 2025-10-16T16:40Z 2499 followers, XX engagements


"@BitMasterK Say thank you to Saylor for the extra bitcoin per share"  
[X Link](https://x.com/comic/status/1978932061265170529) [@comic](/creator/x/comic) 2025-10-16T21:12Z 2503 followers, XX engagements


"@TSLAish @BTCmostwanted Bitcoin to $200k now will still not get Metaplanet back to $X. Unfortunate truth of the situation"  
[X Link](https://x.com/comic/status/1978932736053096946) [@comic](/creator/x/comic) 2025-10-16T21:15Z 2505 followers, XXX engagements


"Hot take: $MSTR would perform better if they replaced Saylor and the executive team with people who actually know what theyre doing"  
[X Link](https://x.com/comic/status/1975580297723781297) [@comic](/creator/x/comic) 2025-10-07T15:13Z 2505 followers, XXX engagements


"@Strategy And still underperforming a bitcoin ETF Almost like dilution isnt good for shareholders"  
[X Link](https://x.com/comic/status/1975583167651393625) [@comic](/creator/x/comic) 2025-10-07T15:25Z 2504 followers, 2281 engagements


"@Metaplanet_JP Do you guys plan on doing anything but diluting and destroying your stock Or is that all you know how to do"  
[X Link](https://x.com/comic/status/1975888209893888026) [@comic](/creator/x/comic) 2025-10-08T11:37Z 2512 followers, 1847 engagements


"Just wait until bitcoin at $100k again $MSTR will be under $250"  
[X Link](https://x.com/comic/status/1976128751357296650) [@comic](/creator/x/comic) 2025-10-09T03:33Z 2505 followers, 1945 engagements


"Imagine buying $MSTR and holding this whole year and still underperforming $SPY $IBIT $BTC by this poorly Wait its because bitcoin per share is a fake metric made up by scammer @saylor 😭"  
[X Link](https://x.com/comic/status/1976355544136036491) [@comic](/creator/x/comic) 2025-10-09T18:34Z 2507 followers, 11.6K engagements


"@Strategy Youre also underperforming a bitcoin ETF by -XX% for the last XX months Almost like dilution as a service isnt a viable business model"  
[X Link](https://x.com/comic/status/1976662025540628752) [@comic](/creator/x/comic) 2025-10-10T14:52Z 2504 followers, 1846 engagements


"@saylor MSTR is a tariff on bitcoin exposure"  
[X Link](https://x.com/comic/status/1976710093619044506) [@comic](/creator/x/comic) 2025-10-10T18:03Z 2504 followers, 21.6K engagements


"@ColeMacro Your company down XX% in X month is no better than a shit coin / alt coin / meme coin Why would anyone buy this over bitcoin There is virtually no argument that answers this question with any validity"  
[X Link](https://x.com/comic/status/1977037683110428989) [@comic](/creator/x/comic) 2025-10-11T15:44Z 2510 followers, XXX engagements


"This applies to MSTR as well and metaplanet. A treasury manager is simply a strategy within an operating company - it is not a standalone viable business model This is no different than ICOs in 2017 and SPAC boom in 2021 All of these companies will be gone in 6-12 months Imagine when just 3-5% of companies in $VOO or $SPY decide to allocate a % of their profits into BTC as a treasury strategy (ex: Coinbase robinhood metaTSLA etc) This will immediately remove any viability for all the pure play Bitcoin treasury companies Youre already seeing it now. Oh you mean we should be generating a profit"  
[X Link](https://x.com/comic/status/1977364648669085729) [@comic](/creator/x/comic) 2025-10-12T13:24Z 2505 followers, 1028 engagements


"$NAKA will hit $0.80c tomorrow"  
[X Link](https://x.com/comic/status/1977579644787544522) [@comic](/creator/x/comic) 2025-10-13T03:38Z 2520 followers, 1089 engagements


"I think $MSTR should just pivot into a non profit / charity. They produce no profits. Everyone is already selling for tax harvesting / losses anyway"  
[X Link](https://x.com/comic/status/1977727785482236045) [@comic](/creator/x/comic) 2025-10-13T13:27Z 2505 followers, 1109 engagements


"@MaxiByNature @InvestmentsVgm How does that make sense Metaplanet and MSTR or any other company offering preferred equities are paying out those shareholders a dividend yield. They dont get paid. So no that makes things worse not better for these bitcoin treasury companies"  
[X Link](https://x.com/comic/status/1978062556779438153) [@comic](/creator/x/comic) 2025-10-14T11:37Z 2506 followers, XX engagements


"I think everyone owns @RealJimChanos an apology He shorted the top of all the BTC treasury companies and to no surprise he was right The kid analysts were all wrong"  
[X Link](https://x.com/comic/status/1978084010619183384) [@comic](/creator/x/comic) 2025-10-14T13:02Z 2498 followers, 22.9K engagements


"@saylor @Strategy How about checking in on your common shareholders Oh wait you abandoned them XX months ago"  
[X Link](https://x.com/comic/status/1978161546317480332) [@comic](/creator/x/comic) 2025-10-14T18:10Z 2499 followers, 3730 engagements


"@BitMasterK I mean yeah and $MSTR is being outperformed by the S&P500 by 4x this year to date Youd have a higher return this year holding cash in a high yield savings account vs buying MSTR lmao"  
[X Link](https://x.com/comic/status/1978162499317887153) [@comic](/creator/x/comic) 2025-10-14T18:14Z 2511 followers, 1033 engagements


"@lexluthor40 @RealJimChanos Ok hes been temporarily correct for XX months on MSTR and X months on metaplanet and he made money while others lost money Call it what youd like but I think most now would prefer to be on Jims side of the trade vs the losing side"  
[X Link](https://x.com/comic/status/1978191799375089834) [@comic](/creator/x/comic) 2025-10-14T20:10Z 2513 followers, 1549 engagements


"Pay attention to Michael Saylor when he promotes bullshit like bitcoin per share BTC yield and other nonsense + made up bullshit metrics Fact is if you held MSTR this year you have basically made no money. If you bought X months ago before their blow out earnings youre down 33%. Bitcoin is still up XX% YTD even after Trump nuked the market on Friday. Its up to you if you chose to stay betting on the losing horse. Dont blame the market. Blame yourself"  
[X Link](https://x.com/comic/status/1978192664836354254) [@comic](/creator/x/comic) 2025-10-14T20:14Z 2505 followers, 2267 engagements


"@LegalGrapes_Esq @StrategyMaxi When dilution trumps Bitcoin per share you underperform Bitcoin and IBIT This is the current state of affairs"  
[X Link](https://x.com/comic/status/1978477815948296502) [@comic](/creator/x/comic) 2025-10-15T15:07Z 2503 followers, XX engagements


"@KSURF007 @jackmallers @Strike Its public now under $CEP but an insanely dragged out timeline. X months since announcement and still need official s4 filed proxy vote etc. Have not been impressed with the roll out timing"  
[X Link](https://x.com/comic/status/1978482036001091586) [@comic](/creator/x/comic) 2025-10-15T15:24Z 2505 followers, XXX engagements


"@eddyluxe_ @LizardWizardBTC Yeah the market cap at 10x will be 2nd largest in the world behind gold around $24t @ $1m BTC Sorry to say but its not hitting $XXX trillion market cap"  
[X Link](https://x.com/comic/status/1978507836469420475) [@comic](/creator/x/comic) 2025-10-15T17:06Z 2501 followers, XX engagements


"For sure $MSTR is about to nose dive so hard. Low $200s coming"  
[X Link](https://x.com/comic/status/1978510010171654614) [@comic](/creator/x/comic) 2025-10-15T17:15Z 2505 followers, XXX engagements


"By definition dilution is not accretive. How is it accretive to pay the dividends for a more senior share class Nobody cares about the preferreds post IPO. The volume is nearly nothing. STRC got bought as it was offered at $XX a discount to where Saylor claimed he would start to issue more dilution on STRC. Still hasnt hit it. This is basically a charity at this point and everyone is just donating money to Saylor"  
[X Link](https://x.com/comic/status/1978520610491007128) [@comic](/creator/x/comic) 2025-10-15T17:57Z 2503 followers, XX engagements


"@ChromeHODLs @DylanLeClair_ @dRiskDave Do you know how they bought their last $500m bitcoin buy at $116500 It was dilution + a discount for the investors to market price"  
[X Link](https://x.com/comic/status/1978533385581613413) [@comic](/creator/x/comic) 2025-10-15T18:48Z 2501 followers, XX engagements


"Where does the $MSTR chart tell you the price is going"  
[X Link](https://x.com/comic/status/1978576403034513700) [@comic](/creator/x/comic) 2025-10-15T21:39Z 2506 followers, 1295 engagements


"@mikewmunz Because people dont trust Saylor and his common stock is showing you exactly that"  
[X Link](https://x.com/comic/status/1978608510125388186) [@comic](/creator/x/comic) 2025-10-15T23:46Z 2507 followers, XXX engagements


"@xxi_alpha21 Already operating based on what They have held the bitcoin since April 2025 its been X months with no change except insiders selling shares and price destruction Unless Im missing something @jackmallers"  
[X Link](https://x.com/comic/status/1978610871208194560) [@comic](/creator/x/comic) 2025-10-15T23:56Z 2506 followers, XX engagements


"@TheValueThinker @Metaplanet_JP @DylanLeClair_ @gerovich Bro its done"  
[X Link](https://x.com/comic/status/1978799084874956900) [@comic](/creator/x/comic) 2025-10-16T12:24Z 2518 followers, XXX engagements


"@thepowerfulHRV Lol the MSTR fanatics love to say zoom out vs accept what is actually happening in the present day"  
[X Link](https://x.com/comic/status/1978803520674394344) [@comic](/creator/x/comic) 2025-10-16T12:41Z 2514 followers, XX engagements


"@GenZeroSum @Shinpei3350 The first Coinbase already does this. They generate $8b a year in revenue with $2b in profit and buy bitcoin passively"  
[X Link](https://x.com/comic/status/1978805306390921537) [@comic](/creator/x/comic) 2025-10-16T12:48Z 2517 followers, XXX engagements


"@GenZeroSum @Shinpei3350 Tesla is an electric vehicle company with some bitcoin. Coinbase sells crypto services and stacks bitcoin. Having no product or service besides equity dilution for bitcoin is not a business"  
[X Link](https://x.com/comic/status/1978807057630290368) [@comic](/creator/x/comic) 2025-10-16T12:55Z 2507 followers, XX engagements


"@Alleyesonmela1 @KellanMccauley @web3_eth A company with $8b in annual revenue and $2b in profits isnt a speculative bet MSTR is because they have no product or service"  
[X Link](https://x.com/comic/status/1978807335821685083) [@comic](/creator/x/comic) 2025-10-16T12:56Z 2510 followers, XX engagements


"We agree there. Running a treasury company isnt a business. You have a treasury strategy as part of a business that generates profit. None of these bitcoin treasury COs have profitable underlying businesses. Most dont even have an operating business underneath. And then uneducated investors are surprised by being down -XX to -XX% in these shitcoin stocks Sorry nobody cares about their mNAV or dilutive equity"  
[X Link](https://x.com/comic/status/1978814916761915518) [@comic](/creator/x/comic) 2025-10-16T13:26Z 2510 followers, XX engagements


"@TheValueThinker @Metaplanet_JP @DylanLeClair_ @gerovich Theyve had plenty of time. Down XX% last X months. Whats your excuse for that"  
[X Link](https://x.com/comic/status/1978817650923839666) [@comic](/creator/x/comic) 2025-10-16T13:37Z 2518 followers, XXX engagements


"@The_Old_Taylor @saylor @joerogan Def gonna be the most cringe and waste of time podcast. Saylor pumping his own bags using weird metaphors and Joe Rogan falling asleep"  
[X Link](https://x.com/comic/status/1978817974753493269) [@comic](/creator/x/comic) 2025-10-16T13:39Z 2512 followers, XXX engagements


"@TheValueThinker @Metaplanet_JP @DylanLeClair_ @gerovich And what is the trend showing and telling you Lower"  
[X Link](https://x.com/comic/status/1978819454067773947) [@comic](/creator/x/comic) 2025-10-16T13:44Z 2518 followers, XXX engagements


"Where would you rather have your money parked Losing money after XXXX months in $MSTR Or gaining XX% holding the S&P500 $SPY If you pick the loser and keep justifying why its a good investment then I have some junk cubes to sell you"  
[X Link](https://x.com/comic/status/1978825025319833849) [@comic](/creator/x/comic) 2025-10-16T14:07Z 2520 followers, XXX engagements


"@Alleyesonmela1 @KellanMccauley @web3_eth Your opinion on their service doesnt change the fact they have grown revenue YoY for a decade and generate $2b a year in profit"  
[X Link](https://x.com/comic/status/1978834507496132669) [@comic](/creator/x/comic) 2025-10-16T14:44Z 2499 followers, XX engagements


"@__scenario__5 @saylor Yeah but those were run by even more incapable folks trying to copy/paste Saylors losing strategy. If they dont pivot soon I wouldnt be surprised to see $MSTR as the FTX of this bull run"  
[X Link](https://x.com/comic/status/1978834683946287284) [@comic](/creator/x/comic) 2025-10-16T14:45Z 2515 followers, XX engagements


"@JDPAUL85 @saylor What matters most is you learned from it. Stay away from Saylor and his scammy products. Ignore any and all Bitcoin treasury COs. Invest in real businesses"  
[X Link](https://x.com/comic/status/1978834894122869118) [@comic](/creator/x/comic) 2025-10-16T14:46Z 2514 followers, XX engagements


"@DocFager @BohumilX BTC/share isnt real"  
[X Link](https://x.com/comic/status/1978835220481614033) [@comic](/creator/x/comic) 2025-10-16T14:47Z 2515 followers, XX engagements


"@DocFager @BohumilX At $150k maybe Metaplanet gets back to $X. How exciting"  
[X Link](https://x.com/comic/status/1978835935346225558) [@comic](/creator/x/comic) 2025-10-16T14:50Z 2504 followers, XX engagements


"@DumbMoneyCapitl @chooserich You can rent it for about $XXX p hour"  
[X Link](https://x.com/comic/status/1978839651994489198) [@comic](/creator/x/comic) 2025-10-16T15:05Z 2520 followers, XX engagements


"@jackmallers @Sciosciallism @zio1897 @Strike I mean your investors deserve something for supporting yall besides non stop losses Be the light amongst the darkness that is the bitcoin treasury space. Theyre all failing. Its your time to shine Jack"  
[X Link](https://x.com/comic/status/1978846786920796395) [@comic](/creator/x/comic) 2025-10-16T15:33Z 2520 followers, XX engagements


"Its very clear that $CEP is only XXX% (not 3.5%) exposure to XXI. The *only* positive thing about this delayed process is Jack & Tether can watch the other companies in the space crash & burn. This allows them to have 2nd mover advantage and adjust their model. Clearly copying saylors failing model isnt a good one. Almost like people actually think bitcoin per share is what matters more than return on equity hilarious"  
[X Link](https://x.com/comic/status/1978850119203045587) [@comic](/creator/x/comic) 2025-10-16T15:46Z 2507 followers, XXX engagements


"Saylor planning the next pivot of MicroStrategy inside chatGPT"  
[X Link](https://x.com/comic/status/1978877226910126171) [@comic](/creator/x/comic) 2025-10-16T17:34Z 2518 followers, 3237 engagements


"@reshposter What do you mean insider projects stealing $CEP"  
[X Link](https://x.com/comic/status/1978888399449735678) [@comic](/creator/x/comic) 2025-10-16T18:18Z 2505 followers, XX engagements


"YTD performance 1) bitcoin up XX% 2) s&p500 up XX% 3) $mstr down 5.7%"  
[X Link](https://x.com/comic/status/1978911578868081143) [@comic](/creator/x/comic) 2025-10-16T19:51Z 2522 followers, 1598 engagements


"@T3slaHOdl3r @SmithsonBrennan @saylor With what money Most the copy cats have higher cost averages than bitcoin is now. So makes no sense to do that even if he had money to do so"  
[X Link](https://x.com/comic/status/1978923731884867957) [@comic](/creator/x/comic) 2025-10-16T20:39Z 2503 followers, XX engagements


"@greydel6 You can sit and watch it go up/down. Just like anyone else who owns Bitcoin"  
[X Link](https://x.com/comic/status/1978930686963679440) [@comic](/creator/x/comic) 2025-10-16T21:06Z 2520 followers, XXX engagements


"@BTCmostwanted @NitherDither @saylor That doesnt answer my question though"  
[X Link](https://x.com/comic/status/1978930867570430211) [@comic](/creator/x/comic) 2025-10-16T21:07Z 2503 followers, XX engagements


"@HodlMagoo @DavidFBailey He should sell his company to me for X bitcoin"  
[X Link](https://x.com/comic/status/1978935085140238722) [@comic](/creator/x/comic) 2025-10-16T21:24Z 2504 followers, XX engagements


"@RampCapitalLLC Short $GLD"  
[X Link](https://x.com/comic/status/1978991575548989687) [@comic](/creator/x/comic) 2025-10-17T01:08Z 2506 followers, XX engagements


"@DzambhalaHODL Its a XX trillion dollar asset"  
[X Link](https://x.com/comic/status/1978991902792839338) [@comic](/creator/x/comic) 2025-10-17T01:10Z 2507 followers, XXX engagements


"@Danainhawaii Buy index funds and chill MSTR is a terrible investment. Its not Bitcoin"  
[X Link](https://x.com/comic/status/1979159014698017233) [@comic](/creator/x/comic) 2025-10-17T12:14Z 2506 followers, XXX engagements


"1) Jack has been building in the space for XX years 2) XXI is majority owned by Tether 3) this is tethers largest investment 4) Bo Hines joined the board along tether co-founder 5) jacks specifically mentioned they arent just running a dilution for bitcoin biz 6) focused on cashflow & bitcoin products Their small $200m PIPE out of their 43514 Bitcoin was at $XX p share"  
[X Link](https://x.com/comic/status/1979161713602957786) [@comic](/creator/x/comic) 2025-10-17T12:24Z 2515 followers, XXX engagements


"I also like that currently he says theyre not a bitcoin treasury company but a bitcoin company with a treasury strategy. Theyre the only other company that has a profitable underhand cost average on bitcoin. Theirs is $87000 across 43514 bitcoin so sitting on over $1b in unrealized gains. Even $MTPLF is still at a $108000 cost average and in the red right now"  
[X Link](https://x.com/comic/status/1979164328080134479) [@comic](/creator/x/comic) 2025-10-17T12:35Z 2506 followers, XX engagements


"@ActuallyClimber @jackmallers This interview from late August is solid:"  
[X Link](https://x.com/comic/status/1979165150151098527) [@comic](/creator/x/comic) 2025-10-17T12:38Z 2520 followers, XX engagements


"@mc_khristina Nobody. You can just buy bitcoin yourself at a lower cost average than their whole stack"  
[X Link](https://x.com/comic/status/1979172120312656262) [@comic](/creator/x/comic) 2025-10-17T13:06Z 2521 followers, XX engagements


"@spencer_gilmore This is how you know its the end Everyone screaming about $150k+ by EOY Not happening"  
[X Link](https://x.com/comic/status/1979196703858114621) [@comic](/creator/x/comic) 2025-10-17T14:44Z 2515 followers, XX engagements


"@satamoto21 Metaplanet is down -XX% in X months while the S&P500 is up XX% this year isnt outperforming everything else"  
[X Link](https://x.com/comic/status/1979201362836570221) [@comic](/creator/x/comic) 2025-10-17T15:02Z 2507 followers, XXX engagements


"@DeepValueBagger Theyre also in the hole on their bitcoin buys after XX months of deploying $3b They cant sell preferreds and promote a XX% CAGR when their cost average is $108000* I wouldnt trust management and I wouldnt buy any"  
[X Link](https://x.com/comic/status/1979230512397877655) [@comic](/creator/x/comic) 2025-10-17T16:58Z 2521 followers, XXX engagements


"@ZynxBTC Its because the bitcoin price can still to much lower and these companies will go to $0"  
[X Link](https://x.com/comic/status/1979246653660905739) [@comic](/creator/x/comic) 2025-10-17T18:02Z 2518 followers, XXX engagements


"@BTCmostwanted So youre expecting and encourage a XX% draw down (mMAV from XXX to 1.0) and want to hold instead of sell You need help sir"  
[X Link](https://x.com/comic/status/1979534914694336623) [@comic](/creator/x/comic) 2025-10-18T13:07Z 2519 followers, X engagements


"@BTCmostwanted That has become untrue the last XX months and will continue to be untrue moving forward You can buy bitcoin yourself You dont need to give Saylor money to buy bitcoin with your money while he charges you a premium and dilutes you. Makes no sense"  
[X Link](https://x.com/comic/status/1979536175531491391) [@comic](/creator/x/comic) 2025-10-18T13:12Z 2518 followers, XX engagements


"@ThetaBurnVictim He will ignore year to date and last XX months performance while discussing their X year performance because that is what con men do"  
[X Link](https://x.com/comic/status/1978847925364040025) [@comic](/creator/x/comic) 2025-10-16T15:38Z 2521 followers, XX engagements


"If bitcoin goes back under $85k before XXI merger completes plsss stack harder @jackmallers $CEP"  
[X Link](https://x.com/comic/status/1978898439871086629) [@comic](/creator/x/comic) 2025-10-16T18:58Z 2522 followers, XXX engagements


"@guysavage @saylor @Strategy @AvenueDNews There is no moat to buying bitcoin. I just bought some in Cash App. I can buy it via $IBIT on fidelity"  
[X Link](https://x.com/comic/status/1978911697805971715) [@comic](/creator/x/comic) 2025-10-16T19:51Z 2524 followers, XXX engagements


"this is in a bull market If you think $MSTR wont go down another XX% in a bear market idk what to tell you I might have some paper bitcoin per share to sell you though"  
[X Link](https://x.com/comic/status/1978912628912034193) [@comic](/creator/x/comic) 2025-10-16T19:55Z 2522 followers, XXX engagements


"@LibertyBTC @saylor if you truly believe this then I have some bitcoin per share to sell you"  
[X Link](https://x.com/comic/status/1978922570805318020) [@comic](/creator/x/comic) 2025-10-16T20:34Z 2522 followers, XXX engagements


"@guysavage @saylor @Strategy @AvenueDNews If I had folks donating me money at 1.5-4x the cost of bitcoin I guarantee I could"  
[X Link](https://x.com/comic/status/1978922665944715509) [@comic](/creator/x/comic) 2025-10-16T20:35Z 2521 followers, XX engagements


"@BTCmostwanted @NitherDither @saylor Im always open to thoughtful discourse. Would you rather be down -XX% on your position after holding for X years with 5x more bitcoin per share Or would you rather be up XX% after X years with the same Bitcoin per share Why"  
[X Link](https://x.com/comic/status/1978929182353633566) [@comic](/creator/x/comic) 2025-10-16T21:00Z 2522 followers, XX engagements


"@BTCmostwanted Do you know how you buy bitcoin Its with fiat. Im sorry to hear how confused you are about this. Youd be very easy to sell a poor investment. I wish you the best"  
[X Link](https://x.com/comic/status/1978933428495004148) [@comic](/creator/x/comic) 2025-10-16T21:17Z 2523 followers, XXX engagements


"@TheBTCTherapist Then you wake up and realize this didnt happen and youre down bad against bitcoin basically every tech stock bitcoin miners AI companies and even the S&P500 index"  
[X Link](https://x.com/comic/status/1978935915524354182) [@comic](/creator/x/comic) 2025-10-16T21:27Z 2523 followers, XXX engagements


"@BTCmostwanted @RobbioDee Yet you want to lose fiat for more bitcoin per share cs more fiat to buy more bitcoin"  
[X Link](https://x.com/comic/status/1978938967148929359) [@comic](/creator/x/comic) 2025-10-16T21:39Z 2524 followers, XXX engagements


"@BtcOrNothing21M @saylor Whatever makes you feel better"  
[X Link](https://x.com/comic/status/1978941434788032602) [@comic](/creator/x/comic) 2025-10-16T21:49Z 2522 followers, XXX engagements


"Saylor the bitcoin sailor has tanked his own ship $MSTR (Hes getting richer in the process)"  
[X Link](https://x.com/comic/status/1978945038152282326) [@comic](/creator/x/comic) 2025-10-16T22:03Z 2522 followers, 1571 engagements


"@LegalGrapes_Esq Bitcoin wants gold higher"  
[X Link](https://x.com/comic/status/1978970974973288654) [@comic](/creator/x/comic) 2025-10-16T23:47Z 2522 followers, XX engagements


"@Welovefinanceha Correct but in the process they scammed themselves"  
[X Link](https://x.com/comic/status/1979196754181366195) [@comic](/creator/x/comic) 2025-10-17T14:44Z 2522 followers, XX engagements


"@BTCmostwanted @ZynxBTC There is no leverage. They have virtually no debt"  
[X Link](https://x.com/comic/status/1979203036934230495) [@comic](/creator/x/comic) 2025-10-17T15:09Z 2522 followers, XXX engagements


"@ZynxBTC @Sundance88088 Im against any dilutive equity for Bitcoin exposure aka Bitcoin per share. Just buy bitcoin or IBIT"  
[X Link](https://x.com/comic/status/1979246452879569090) [@comic](/creator/x/comic) 2025-10-17T18:01Z 2522 followers, XX engagements


"@BritishHodl @ourfutureisfree @saylor Except theyre not. Theyre underperforming most tech stocks the S&P500 and Bitcoin. Its garbage"  
[X Link](https://x.com/comic/status/1979285729621741798) [@comic](/creator/x/comic) 2025-10-17T20:37Z 2522 followers, XX engagements


"@ZynxBTC @DylanLeClair_ Because the stock is down -XX% the last X months and trending under NAV. Bitcoin is down like X% last X months and its always fixed at NAV"  
[X Link](https://x.com/comic/status/1979288588438188301) [@comic](/creator/x/comic) 2025-10-17T20:49Z 2522 followers, XX engagements


"@Sunqu22 @santiagoroel $CEP majority ownership is Tether and SoftBank"  
[X Link](https://x.com/comic/status/1979295627516297406) [@comic](/creator/x/comic) 2025-10-17T21:17Z 2522 followers, XX engagements


"@TheBTCTherapist @AltcoinDaily I know tons of people with gold under 35"  
[X Link](https://x.com/comic/status/1979321010378752334) [@comic](/creator/x/comic) 2025-10-17T22:57Z 2521 followers, XXX engagements


"@uglybro @maxkeiser No. Those companies would liquidate their bitcoin at market prices first. Obviously"  
[X Link](https://x.com/comic/status/1979330148165128685) [@comic](/creator/x/comic) 2025-10-17T23:34Z 2522 followers, XX engagements


"@BTCmostwanted It can be accretive to Michael Saylors bitcoin and dilutive to your share value. Thats MSTR is a nut shell"  
[X Link](https://x.com/comic/status/1979538446973648907) [@comic](/creator/x/comic) 2025-10-18T13:21Z 2520 followers, XX engagements


"@asjwebley Its almost like the market fully understands that bitcoin per share is absolute bullshit and means nothing Share price in $ and return of equity % is all that matters"  
[X Link](https://x.com/comic/status/1979540530188230910) [@comic](/creator/x/comic) 2025-10-18T13:30Z 2523 followers, XX engagements


"@Mr_Derivatives Almost like you should just buy bitcoin"  
[X Link](https://x.com/comic/status/1979548691238207812) [@comic](/creator/x/comic) 2025-10-18T14:02Z 2522 followers, XX engagements


"At least none of these Saylor simps will be posting things about blow out earnings and TradFi will be bewildered as we know nobody gives a shit about temporary unrealized gains"  
[X Link](https://x.com/comic/status/1974489046505128150) [@comic](/creator/x/comic) 2025-10-04T14:57Z 2530 followers, 1030 engagements


"Saylor is going to announce he sold more $MSTR at $XXX on Friday to buy bitcoin at $125800 isnt he"  
[X Link](https://x.com/comic/status/1977079302534623395) [@comic](/creator/x/comic) 2025-10-11T18:30Z 2530 followers, 13.3K engagements


"Respectfully why did you invest in $ASST then It was a very clear thing to short / stay away from. Same with $NAKA and $MTPLF etc. $MSTR is basically also the same thing. Saylor posts nothing but memes of himself and updates of buying the top. He provides no education or valuable insights. Digital Hornets nest. $13m per coin. Blah blah blah Its all lunatic behavior"  
[X Link](https://x.com/comic/status/1977756752360697908) [@comic](/creator/x/comic) 2025-10-13T15:22Z 2530 followers, 2189 engagements


"For the bitcoin treasury investors here is a reminder of what you need to get back to break even $MSTR $MTPLF $NAKA $ASST $SWC"  
[X Link](https://x.com/comic/status/1978126418589421869) [@comic](/creator/x/comic) 2025-10-14T15:51Z 2530 followers, 10.9K engagements


"If you think $MSTR performance is bad now during a bull market wait until we have another correction or enter a bear market I wouldnt be surprised to see MSTR trade at $XXX in the next XX months or less"  
[X Link](https://x.com/comic/status/1978194925750501544) [@comic](/creator/x/comic) 2025-10-14T20:23Z 2529 followers, 1454 engagements


"I think @saylor should recategorize $MSTR as a non-profit or charity since its just a bunch of clueless people donating money to him in return for a write off on their taxes"  
[X Link](https://x.com/comic/status/1978803380240723995) [@comic](/creator/x/comic) 2025-10-16T12:41Z 2530 followers, XXX engagements


"@KellanMccauley @Alleyesonmela1 @web3_eth Coinbase can stack Bitcoin in a bear market and bull market. Mstr cannot dilute when theyre under 1xmNAV. People are slowly waking up to these sill treasury scams"  
[X Link](https://x.com/comic/status/1978809384537923899) [@comic](/creator/x/comic) 2025-10-16T13:04Z 2530 followers, 1656 engagements


"Metaplanets number of outstanding shares jumped to XXX million today from XXX million last year. So they increased shares by XXX% Its accretive No its called dilution for a reason you small brained retard $MTPLF"  
[X Link](https://x.com/comic/status/1978821170246865284) [@comic](/creator/x/comic) 2025-10-16T13:51Z 2530 followers, 8612 engagements


"@BohumilX An increase in share of XXX% is the text book definition of dilution. Would you rather be down -XX% with more bitcoin per share (which you have no claim over) Or Be up XX% with a fixed amount of bitcoin"  
[X Link](https://x.com/comic/status/1978835167771799763) [@comic](/creator/x/comic) 2025-10-16T14:47Z 2530 followers, XXX engagements


"What if $126k was the cycle top"  
[X Link](https://x.com/comic/status/1978992077187723561) [@comic](/creator/x/comic) 2025-10-17T01:10Z 2530 followers, 6014 engagements


"Exact top. Simon eating humble pie every week since then. Insane behavior from a publicly traded CEO"  
[X Link](https://x.com/comic/status/1979164565893009662) [@comic](/creator/x/comic) 2025-10-17T12:36Z 2529 followers, 10.1K engagements


"Sorry now Metaplanet is at a -$25m loss I thought it was a XX% CAGR Why are they down after a year"  
[X Link](https://x.com/comic/status/1979172690666606675) [@comic](/creator/x/comic) 2025-10-17T13:08Z 2530 followers, XXX engagements


"Now $MSTR is under water on the last X months of buying So youre getting less bitcoin per share from X months of overpaying for Bitcoin exposure via dilutive equity sold at an mNAV premium Sorry folks Saylor is cooked and hes taking the ship & passengers down with him"  
[X Link](https://x.com/comic/status/1979175340271358106) [@comic](/creator/x/comic) 2025-10-17T13:19Z 2530 followers, XXX engagements


"@ZynxBTC Wait you mean buying bitcoin is better than buying dilutive equity in a company that charges you a premium to own no bitcoin Who could have seen that coming"  
[X Link](https://x.com/comic/status/1979196426304274486) [@comic](/creator/x/comic) 2025-10-17T14:42Z 2530 followers, 1992 engagements


"@pakpakchicken What happened to $MTPLF Oh wait"  
[X Link](https://x.com/comic/status/1979201496639004714) [@comic](/creator/x/comic) 2025-10-17T15:03Z 2530 followers, 14.5K engagements


"And there it is. $CEP - $XXI coming soon"  
[X Link](https://x.com/comic/status/1979368072197939637) [@comic](/creator/x/comic) 2025-10-18T02:04Z 2530 followers, 1282 engagements


"@BitcoinStacker0 @jackmallers @tether @paoloardoino @BoHines Jeff is a literal nobody. Jack runs a X figure profitable SaaS business Paulo co-founded tether one of the most profitable companies in the world Not sure why you mentioned Jeff and $ASST"  
[X Link](https://x.com/comic/status/1979542787692585177) [@comic](/creator/x/comic) 2025-10-18T13:39Z 2530 followers, XXX engagements


"Finally see the amended s4 for XXI Is @jackmallers @tether @paoloardoino @BoHines going to rug everyone or will they surprise and impress Time will tell I would expect that SoftBank tether & mallers are NOT going to be dumping their own shares of a large operation like this Too much reputational damage risk here. All the other Bitcoin treasury related COs have nobodys and grifters running them This is the dream team"  
[X Link](https://x.com/comic/status/1979547989413675052) [@comic](/creator/x/comic) 2025-10-18T13:59Z 2528 followers, 1286 engagements


"@saylor Why do you talk about yourself in the 3rd person Might be time to share your under performance against Bitcoin IBIT and the S&P500"  
[X Link](https://x.com/comic/status/1979557528536228005) [@comic](/creator/x/comic) 2025-10-18T14:37Z 2530 followers, 1193 engagements


"@ajmotleyfool @saylor This year to date XXXX months. Holding bitcoin S&P500 or IBIT yielded a positive return. Holding MSTR lost you money"  
[X Link](https://x.com/comic/status/1979561693899321843) [@comic](/creator/x/comic) 2025-10-18T14:54Z 2530 followers, XXX engagements


"@EcomMame Shopify doesnt have the last word theyre a payment gateway not a payment processor. Thats why they integrate with stripe and PayPal for Shopify payments"  
[X Link](https://x.com/comic/status/1979570941723312307) [@comic](/creator/x/comic) 2025-10-18T15:31Z 2530 followers, XXX engagements


"Yup its because nobody trusts Saylor or cares about his little ponzi fly wheel and infinite money glitch. You seem to be smarter than his average investor base. Theres mainly real finance folks who look at Saylors financial offerings and just laugh its not hard to see that this is going to crash and burn long term. Metaplanet has a management team with almost as bad of a resume as Saylor. If not worse since they werent already wealthy before Metaplanet. If Coinbase offered something similar they would be hot products. But theyre not distracted by shiny objects trying to suck capital into"  
[X Link](https://x.com/comic/status/1979582872378917336) [@comic](/creator/x/comic) 2025-10-18T16:18Z 2530 followers, XX engagements


"@GaryBTC3Commas @ZynxBTC If Mstr is around in 12-18 months which I wouldnt bet on maybe theyll get in. But as the current business operates nah. They need more than dilutive equity for Bitcoin. Thats not a sell. IBIT & Bitcoin out perform that XXX% of the time"  
[X Link](https://x.com/comic/status/1979706062094913548) [@comic](/creator/x/comic) 2025-10-19T00:28Z 2530 followers, XX engagements


"@CadeBergmann @WOLF_Bitcoin_ Youre just repeating @jackmallers quote now"  
[X Link](https://x.com/comic/status/1979718904298811687) [@comic](/creator/x/comic) 2025-10-19T01:19Z 2530 followers, XX engagements


"@GrantCardone XX% into each"  
[X Link](https://x.com/comic/status/1979720158911562176) [@comic](/creator/x/comic) 2025-10-19T01:24Z 2530 followers, XXX engagements


"Respectfully BTC is going under $100k soon"  
[X Link](https://x.com/comic/status/1979723383073091795) [@comic](/creator/x/comic) 2025-10-19T01:36Z 2530 followers, XXX engagements


"Last X months $MSTR has basically lost money on every single bitcoin purchase they made Tactically of course"  
[X Link](https://x.com/comic/status/1978834240352530718) [@comic](/creator/x/comic) 2025-10-16T14:43Z 2530 followers, 15.3K engagements


"Its impressive work $MSTR $ASST $MTPLF $NAKA"  
[X Link](https://x.com/comic/status/1978888198060200096) [@comic](/creator/x/comic) 2025-10-16T18:18Z 2530 followers, 5495 engagements


"@ThisiswhyweBTC Very obvious Lol company dropped XX% in X months"  
[X Link](https://x.com/comic/status/1979624522476290528) [@comic](/creator/x/comic) 2025-10-18T19:04Z 2530 followers, XXX engagements


"@CadeBergmann @WOLF_Bitcoin_ @jackmallers Not at all Informing uneducated investors of the reality and dangers of investing in pump N dumps is my goal"  
[X Link](https://x.com/comic/status/1979727149398659230) [@comic](/creator/x/comic) 2025-10-19T01:51Z 2530 followers, XX engagements


"Even $MSTR executives dont believe in their own stock They sold over $100m worth of their stock over the last X months Im sure some retards on here will say THIS IS BULLISH. Surprise Its not"  
[X Link](https://x.com/comic/status/1976948294497845423) [@comic](/creator/x/comic) 2025-10-11T09:49Z 2526 followers, 8455 engagements


"Remember my mention of $XXXX $MTPLF Well give it till Friday"  
[X Link](https://x.com/comic/status/1977909684293058969) [@comic](/creator/x/comic) 2025-10-14T01:29Z 2525 followers, 1216 engagements


"All these metaplanet investors blocked me when I posted that the stock was going to $XXXX Welp its at $XXXX and dropping Maybe dont fade the lil retard when youre clearly the bigger retard"  
[X Link](https://x.com/comic/status/1978456361793933699) [@comic](/creator/x/comic) 2025-10-15T13:42Z 2525 followers, XXX engagements


"Lets see how XXI rolls out. I like @jackmallers s distinction of their company being a bitcoin company not a bitcoin treasury company. So far $CEP (XXI) has taken a massive dump the last XX days alongside $MSTR $MTPLF $ASST $NAKA and the others They have dumped *the least* but I am hoping that what Jack has said is true. They will launch an operating business with cashflow. They will not be a pure dilution vehicle. If your only offering as a business is dilutive equity for Bitcoin exposure then I think youre bound to fail"  
[X Link](https://x.com/comic/status/1978559677782000115) [@comic](/creator/x/comic) 2025-10-15T20:32Z 2525 followers, 1281 engagements


"Imagine the smell at $101k BTC $MSTR will be low $200s Diapers fully loaded with bitcoin per share"  
[X Link](https://x.com/comic/status/1978610604672684041) [@comic](/creator/x/comic) 2025-10-15T23:55Z 2525 followers, 5779 engagements


"@ThetaBurnVictim Hes got a bunch of Saylor simps just telling him YES BUY THE TOP YES YES YES"  
[X Link](https://x.com/comic/status/1978845909203947941) [@comic](/creator/x/comic) 2025-10-16T15:30Z 2526 followers, XXX engagements


"Again $MSTR $180-$200 is on the menu. The chart is showing you"  
[X Link](https://x.com/comic/status/1978862084499578920) [@comic](/creator/x/comic) 2025-10-16T16:34Z 2525 followers, XXX engagements


"Dont worry I got the rest $TSWCF $CEP $ABTC"  
[X Link](https://x.com/comic/status/1978889536030622129) [@comic](/creator/x/comic) 2025-10-16T18:23Z 2525 followers, XXX engagements


"@dRiskDave AMD is one of the most important companies to servers AI and GPU computing. Metaplanet produces nothing. Insane comparison"  
[X Link](https://x.com/comic/status/1978893629734162805) [@comic](/creator/x/comic) 2025-10-16T18:39Z 2525 followers, XXX engagements


"The average person understands gold. Most people dont underhand bitcoin. Dont be confused when the majority of people aka average people go and buy gold over bitcoin. Join them. Let them"  
[X Link](https://x.com/comic/status/1978897988752711797) [@comic](/creator/x/comic) 2025-10-16T18:57Z 2523 followers, 1078 engagements


"@BTCmostwanted The issue is that you think people care about that. They dont. What does having the most 2nd most or 3rd most bitcoin accomplish for a business simply holding Bitcoin on their balance sheet What does it do for shareholders Nothing"  
[X Link](https://x.com/comic/status/1978930172930752541) [@comic](/creator/x/comic) 2025-10-16T21:04Z 2527 followers, XXX engagements


"@mambocowboy @LibertyBTC @saylor Lol exactly. He was charged with fraud in 2000 for accounting fraud. Largest single day drop in dot com bust history. Oops. What a guy"  
[X Link](https://x.com/comic/status/1978939746236698898) [@comic](/creator/x/comic) 2025-10-16T21:42Z 2526 followers, XXX engagements


"We will sell bitcoin per share. But the investors get no actual bitcoin. Well call it the infinite money glitch"  
[X Link](https://x.com/comic/status/1978968314098434316) [@comic](/creator/x/comic) 2025-10-16T23:36Z 2525 followers, 1023 engagements


"@BTCmostwanted @C2827999128758 @TSLAish I prefer no dilution at all"  
[X Link](https://x.com/comic/status/1978973730668699777) [@comic](/creator/x/comic) 2025-10-16T23:57Z 2523 followers, XX engagements


"@DonnyDicey The people buying gold dont buy bitcoin"  
[X Link](https://x.com/comic/status/1978978637274550468) [@comic](/creator/x/comic) 2025-10-17T00:17Z 2526 followers, 1272 engagements


"@odori311 @saylor The sentiment would be better if he bought less bitcoin"  
[X Link](https://x.com/comic/status/1978980134917931356) [@comic](/creator/x/comic) 2025-10-17T00:23Z 2523 followers, XXX engagements


"Whos ready for $XXXX $MTPLF tomorrow"  
[X Link](https://x.com/comic/status/1978990507930923283) [@comic](/creator/x/comic) 2025-10-17T01:04Z 2525 followers, XXX engagements


"@odori311 @saylor He would have a lower cost average and less bitcoin resulting in a higher % of unrealized gains All his last X months of buying is underwater"  
[X Link](https://x.com/comic/status/1978990728828117020) [@comic](/creator/x/comic) 2025-10-17T01:05Z 2523 followers, XX engagements


"Wait so $MSTR to $XXX by Friday right Time to buy $1080 calls"  
[X Link](https://x.com/comic/status/1979204078753206604) [@comic](/creator/x/comic) 2025-10-17T15:13Z 2525 followers, XXX engagements


"@IIICapital False narrative. Fixed bitcoin more bitcoin per share"  
[X Link](https://x.com/comic/status/1979290124379722118) [@comic](/creator/x/comic) 2025-10-17T20:55Z 2526 followers, XXX engagements


"@PolymarketDev @IIICapital You are lost in the sauce sir. If people paid the true value of bitcoin (NAV) vs a multiple on NAV there would be more bitcoin accumulated thus resulting in a higher BTC price. dilution as a service is not worth it when you can just hold IBIT or bitcoin and outperform MSTR"  
[X Link](https://x.com/comic/status/1979329397250494795) [@comic](/creator/x/comic) 2025-10-17T23:31Z 2525 followers, XX engagements


"@G_MovieMintz @saylor Its lost almost XX% of its value"  
[X Link](https://x.com/comic/status/1979361885897265256) [@comic](/creator/x/comic) 2025-10-18T01:40Z 2525 followers, XX engagements


"@G_MovieMintz @saylor Buying MSTR isnt buying Bitcoin. You can just buy Bitcoin yourself"  
[X Link](https://x.com/comic/status/1979363245212471742) [@comic](/creator/x/comic) 2025-10-18T01:45Z 2525 followers, XX engagements


"@BTCmostwanted Bitcoiners dont need saving. Bitcoin is the end goal. Bitcoin treasury companies are not Bitcoin. Theyre pump n dumps"  
[X Link](https://x.com/comic/status/1979528477104546078) [@comic](/creator/x/comic) 2025-10-18T12:42Z 2523 followers, XX engagements


"@BTCmostwanted Youre excited about being down -XX% on your equity return so I cant say your opinion matters much"  
[X Link](https://x.com/comic/status/1979529348668342453) [@comic](/creator/x/comic) 2025-10-18T12:45Z 2523 followers, XX engagements


"@BTCmostwanted The whole point of bitcoin is owning a finite asset that cannot inflate. Mstr shares get printed at a rate faster than fiat. The complete opposite point of bitcoin. Over the long term youll rotate into BTC and regret holding Mstr. Maybe not today but eventually"  
[X Link](https://x.com/comic/status/1979532140955258912) [@comic](/creator/x/comic) 2025-10-18T12:56Z 2523 followers, XX engagements


"@TheHurdleRate @saylor So much bitcoin per share I cant handle the intelligent leverage"  
[X Link](https://x.com/comic/status/1979561822874144840) [@comic](/creator/x/comic) 2025-10-18T14:54Z 2527 followers, XX engagements


"@JamesWynnReal Thats because bitcoin went down so people sold"  
[X Link](https://x.com/comic/status/1979564813165453652) [@comic](/creator/x/comic) 2025-10-18T15:06Z 2525 followers, XX engagements


"@InvestmentsVgm @jackmallers @tether @paoloardoino @BoHines It is relevant though. Can lend against bitcoin when youre in a profitable position. Not smart to lend. against an asset youre down on"  
[X Link](https://x.com/comic/status/1979627727834821037) [@comic](/creator/x/comic) 2025-10-18T19:16Z 2525 followers, XX engagements


"@OlivierAdolphe1 @TheBTCTherapist Really Hes raised the dividend yield 2x already on STRC and still cant hit his $XXX target How much does he need to sacrifice the common shareholder to get enough capital to expand the preferreds The capital stack is a mess. Makes no sense"  
[X Link](https://x.com/comic/status/1979641850542866544) [@comic](/creator/x/comic) 2025-10-18T20:12Z 2525 followers, XX engagements


"@BitcoinBosu @jackmallers @tether @paoloardoino @BoHines Tether isnt XXI so no. That wouldnt make a lot of sense for tether. But it sounds like from what Jack said that they would be offering lending financial bitcoin services and have a focus on cash flow"  
[X Link](https://x.com/comic/status/1979688714487120179) [@comic](/creator/x/comic) 2025-10-18T23:19Z 2525 followers, XX engagements


"@BitcoinBosu @jackmallers @tether @paoloardoino @BoHines No real companies offer equity dilution to acquire assets. They do it with profits"  
[X Link](https://x.com/comic/status/1979695975590731878) [@comic](/creator/x/comic) 2025-10-18T23:47Z 2525 followers, XX engagements


"I swear bro best value investment bro going to 10x in next X months bro Im not retarded and down XX% bro Bro $MTPLF"  
[X Link](https://x.com/comic/status/1975940865999949911) [@comic](/creator/x/comic) 2025-10-08T15:06Z 2526 followers, 2117 engagements


"When youre down -XX% in X months and bitcoin keeps going higher and your shit coin stock keeps going lower $MTPLF This will be a penny stock soon just like $NAKA"  
[X Link](https://x.com/comic/status/1976115612469559803) [@comic](/creator/x/comic) 2025-10-09T02:40Z 2526 followers, 10.3K engagements


"@ryQuant Talk about how $BTC and $IBIT are outperforming MSTR by large size over last XX months Or are you one of those zoom out bro bros"  
[X Link](https://x.com/comic/status/1976117108405923936) [@comic](/creator/x/comic) 2025-10-09T02:46Z 2526 followers, XXX engagements


"Your job as an investor isnt to just maximize gains - its to minimize losses Dont get married to a stock or position and lose out on potential opportunity elsewhere. For example: $MTPLF $MSTR Theyve been terrible investments but folks are either scared to admit theyre wrong or have some addiction to losing their money"  
[X Link](https://x.com/comic/status/1976698324120940890) [@comic](/creator/x/comic) 2025-10-10T17:16Z 2526 followers, 8800 engagements


"When fixed Bitcoin per share meets 2x Bitcoin per share with dilution last XX months performance: $MSTR up XX% $IBIT up XX% IBIT outperformed MSTR by XXX% You can do the math yourself to understand where your capital should be invested Or you can make up stuff like nooo youre ignoring the increase in bitcoin per share"  
[X Link](https://x.com/comic/status/1977795189281263974) [@comic](/creator/x/comic) 2025-10-13T17:54Z 2527 followers, 3362 engagements


"When Metaplanet said he would find shares for Jim to borrow and short them was the giga top for MTPLF Now -XX% down since then Evo blocked me and everyone who brings up their humbling drawdown Maybe you shouldnt encourage short sellers to short you when your business is built on hype and mania Severely low IQ moves smh"  
[X Link](https://x.com/comic/status/1978191509045522710) [@comic](/creator/x/comic) 2025-10-14T20:09Z 2530 followers, 2563 engagements


"YTD performance $MSTR: -XXXX% $IBIT: +14.31% Yes this is including all the extra bitcoin per share"  
[X Link](https://x.com/comic/status/1978507418951672301) [@comic](/creator/x/comic) 2025-10-15T17:05Z 2527 followers, 1324 engagements


"Holding $MSTR this year has lost you X% If you held cash in a bank account you would have outperformed MSTR by a fair margin Do you see how useless this company is yet"  
[X Link](https://x.com/comic/status/1978515025900826914) [@comic](/creator/x/comic) 2025-10-15T17:35Z 2527 followers, 1310 engagements


"Imagine if @Saylor didnt lie about his $21b X year ATM plan that he executed in X months. He could still be only XX% of the way through that X year plan now and it wouldnt change anything besides his share price being way higher Nobody cares if $MSTR has 640000 bitcoin or 500000 Bitcoin or 450000 Bitcoin Saylor went against his own announced plan and wonder why people dont trust him. Oh mNAV guidance of no dilution under XXX Jk X weeks later he reneged it and is back to dilution down to 1.4mNAV Fool me once shame on you. Fool me twice blame is on me"  
[X Link](https://x.com/comic/status/1978854680475173218) [@comic](/creator/x/comic) 2025-10-16T16:04Z 2528 followers, 17.4K engagements


"Its been XX months of deploying $3B dollars into Bitcoin using dilutive equity from shareholders And theyre still down money. $X in unrealized gains. ($2m loss) Why would you trust these people with your capital $MTPLF"  
[X Link](https://x.com/comic/status/1979161835191300116) [@comic](/creator/x/comic) 2025-10-17T12:25Z 2528 followers, 1239 engagements


"Its actually pretty hard to be this terrible at your job; which was simply buying bitcoin with your investors capital Brutal lesson here Bitcoin has no risk Bitcoin per share has a lot of risk"  
[X Link](https://x.com/comic/status/1979228537182716361) [@comic](/creator/x/comic) 2025-10-17T16:50Z 2530 followers, XXX engagements


"@florentbtc Up XX% with XXX% dilution. Great"  
[X Link](https://x.com/comic/status/1979291522840564109) [@comic](/creator/x/comic) 2025-10-17T21:00Z 2530 followers, XXX engagements


"@ZynxBTC Theyre a small part of my portfolio. Holding $HIMS $HOOD $NVDA $NET $COIN have been great for my portfolio the last XX months. All of my losses have come from $MSTR and $MTPLF"  
[X Link](https://x.com/comic/status/1979584007777219013) [@comic](/creator/x/comic) 2025-10-18T16:23Z 2527 followers, XXX engagements


"@InvestmentsVgm @jackmallers @tether @paoloardoino @BoHines Id prefer to invest in a company with $1B+ in unrealized gains vs a company like Metaplanet that is in a loss on their whole stack"  
[X Link](https://x.com/comic/status/1979623844521337337) [@comic](/creator/x/comic) 2025-10-18T19:01Z 2527 followers, XX engagements


"@TheBTCTherapist Nobody cares about this though"  
[X Link](https://x.com/comic/status/1979624378171080717) [@comic](/creator/x/comic) 2025-10-18T19:03Z 2530 followers, XXX engagements


"@Bhavin40324 @ThisiswhyweBTC Yeah never happening. Youre describing NVDA"  
[X Link](https://x.com/comic/status/1979624595134230730) [@comic](/creator/x/comic) 2025-10-18T19:04Z 2526 followers, XX engagements


"@BohumilX No they can be very specifically blamed as theyre the ones who increased their share count so aggressively Turns out Japan isnt yield starved for Metaplanet"  
[X Link](https://x.com/comic/status/1979654355168166296) [@comic](/creator/x/comic) 2025-10-18T21:02Z 2530 followers, XXX engagements


"@MuchasGrac52924 @BohumilX Im talking about $MTPLF"  
[X Link](https://x.com/comic/status/1979664274869125629) [@comic](/creator/x/comic) 2025-10-18T21:41Z 2530 followers, XXX engagements


"@CadeBergmann @WOLF_Bitcoin_ @jackmallers I seem to have hit a nerve"  
[X Link](https://x.com/comic/status/1979726584648171966) [@comic](/creator/x/comic) 2025-10-19T01:49Z 2530 followers, XX engagements


"@CadeBergmann @WOLF_Bitcoin_ @jackmallers Not actually a hater at all"  
[X Link](https://x.com/comic/status/1979727272015012147) [@comic](/creator/x/comic) 2025-10-19T01:52Z 2528 followers, XX engagements


"@BTC_Archive This is so old"  
[X Link](https://x.com/comic/status/1979727587057570116) [@comic](/creator/x/comic) 2025-10-19T01:53Z 2528 followers, XX engagements


"Maybe everyone down 50-80% on @Metaplanet_JP can move into the hotel soon @DylanLeClair_"  
[X Link](https://x.com/comic/status/1979737784362676288) [@comic](/creator/x/comic) 2025-10-19T02:34Z 2530 followers, XXX engagements


"@SmithsonBrennan @Metaplanet_JP @DylanLeClair_ Comped for life"  
[X Link](https://x.com/comic/status/1979741313814950182) [@comic](/creator/x/comic) 2025-10-19T02:48Z 2530 followers, XX engagements