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# ![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:26/cr:twitter::1874841959916806144.png) @RoaringRagnar Ragnar

MicroStrategy ($MSTR) has met all the criteria for inclusion in the S&P 500, a significant milestone. This achievement has generated excitement among investors, with some predicting potential substantial gains if the company is officially added to the index. The development has sparked discussions about the company's future prospects and its position in the market.

### Engagements: XXXXXX [#](/creator/twitter::1874841959916806144/interactions)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1874841959916806144/c:line/m:interactions.svg)

- X Week XXXXXXX -XX%
- X Month XXXXXXXXX +57%
- X Months XXXXXXXXX +2,731%

### Mentions: XX [#](/creator/twitter::1874841959916806144/posts_active)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1874841959916806144/c:line/m:posts_active.svg)

- X Week XXX -XX%
- X Month XXX +128%
- X Months XXXXX +2,723%

### Followers: XXXXX [#](/creator/twitter::1874841959916806144/followers)
![Followers Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1874841959916806144/c:line/m:followers.svg)

- X Week XXXXX +5.30%
- X Month XXXXX +47%
- X Months XXXXX +1,578%

### CreatorRank: XXXXXXX [#](/creator/twitter::1874841959916806144/influencer_rank)
![CreatorRank Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1874841959916806144/c:line/m:influencer_rank.svg)

### Social Influence [#](/creator/twitter::1874841959916806144/influence)
---

**Social category influence**
[cryptocurrencies](/list/cryptocurrencies)  #962 [stocks](/list/stocks)  #3206 [finance](/list/finance)  XXXXX% [countries](/list/countries)  XXXX% [automotive brands](/list/automotive-brands)  XXX% [celebrities](/list/celebrities)  XXX% [technology brands](/list/technology-brands)  XXX% [travel destinations](/list/travel-destinations)  XXX% [events](/list/events)  XXX%

**Social topic influence**
[$swc](/topic/$swc) #1, [$mstr](/topic/$mstr) #8, [$mtplf](/topic/$mtplf) #6, [$altbg](/topic/$altbg) #1, [$cingf](/topic/$cingf) #1, [bitcoin](/topic/bitcoin) #323, [mstr](/topic/mstr) 10.24%, [$hogpf](/topic/$hogpf) #1, [$smlr](/topic/$smlr) 6.63%, [$kulr](/topic/$kulr) XXXX%

**Top accounts mentioned or mentioned by**
[@zynxbtc](/creator/undefined) [@eneadenkt](/creator/undefined) [@kristophjeffers](/creator/undefined) [@dylanleclair](/creator/undefined) [@habanosxbt](/creator/undefined) [@gerovich](/creator/undefined) [@grok](/creator/undefined) [@tonycarrera](/creator/undefined) [@micro2macr0](/creator/undefined) [@actuallyclimber](/creator/undefined) [@alexandrelaizet](/creator/undefined) [@asjwebley](/creator/undefined) [@vincent13031925](/creator/undefined) [@romeoinvest](/creator/undefined) [@alexandrerk79](/creator/undefined) [@allyourmodels](/creator/undefined) [@richardbyworth](/creator/undefined) [@planetpxi](/creator/undefined) [@adam3us](/creator/undefined) [@majormaxbitcoin](/creator/undefined)

**Top assets mentioned**
[Strategy (MSTR)](/topic/$mstr) [Metaplanet Inc. (MTPLF)](/topic/$mtplf) [Bitcoin (BTC)](/topic/bitcoin) [Semler Scientific, Inc. (SMLR)](/topic/$smlr) [KULR Technology Group, Inc. (KULR)](/topic/$kulr) [Prime-XI (PXI)](/topic/$pxi) [Strike (STRK)](/topic/$strk) [The Smarter Web Co. (SWC.AQ)](/topic/the-smarter-web) [Nakamoto Games (NAKA)](/topic/$naka) [Cantor Equity Partners, Inc. Class A Ordinary Shares (CEP)](/topic/$xxi) [Columbus Circle Capital Corp I Class A Ordinary Shares (CCCM)](/topic/$cccm) [Bitwise Bitcoin Strategy Optimum Roll ETF (BITC)](/topic/$bitc) [Tesla, Inc. (TSLA)](/topic/$tsla) [Alphabet Inc Class A (GOOGL)](/topic/$googl) [Strategy Incorporated (STRF)](/topic/$strf) [iShares BTC Trust (IBIT)](/topic/$ibit) [The Blockchain Group (ALTBG.PA)](/topic/the-blockchain-group)
### Top Social Posts [#](/creator/twitter::1874841959916806144/posts)
---
Top posts by engagements in the last XX hours

"$SWC added XXX BTC and now holds 1600 BTC 🔥"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1945373168354345366) 2025-07-16 06:41:21 UTC 9361 followers, 6598 engagements


"@AllYourModels I think the banking industry may be a great analogy. These companies will be the banks of the future. (But way more than just banks.)"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1946112197651779835) 2025-07-18 07:37:59 UTC 9252 followers, XX engagements


"$MSTR now has a $4T market cap company to catch. Pedal to the metal. 🫡"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943080025529409562) 2025-07-09 22:49:13 UTC 9220 followers, 15.9K engagements


"I added H100 to my comparison sheet. (see quoted tweet below) Can someone help me with the following data - Assumed fully diluted shares outstanding - I took everything into account that has been announced so far and deducted the private placement from 6/30 as no BTC have been purchased yet - Are there any warrants outstanding or any other things that needs to be taken account in assumed fully diluted share count - Current cash available for BTC purchases - Current total debt (fiat denominated) - Current total debt (BTC denominated) - BTC Yield YTD Below is the the raw data I used for"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1939992976815481094) 2025-07-01 10:22:23 UTC 9203 followers, 20.1K engagements


"Let's give a hand to Shard. $SWC daily close was at XXXX yesterday and as the price today is between 3.80-4.10 Shard is able to (hopefully) sell the full XX% of daily volume at these prices. Also happy to announce that Ragnar Treasury just added $SWC around XXXX. Shard is a win-win. More Shard = better entries for additions + more cash for juicy BTC purchases spinning the flywheel Less Shard = higher prices potential mNAV expansion better exit opportunities when pair trading Let's go. 🫡"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943655273614205329) 2025-07-11 12:55:03 UTC 9226 followers, 5707 engagements


"Latest Comparison of BTC Treasury Companies: $MSTR $MTPLF $SMLR $ALTBG $KULR $SWC $HOGPF $CINGF I am constantly looking for the best metrics to compare BTC treasury companies. Today I added X new experimental metrics: X. Torque adjusted BTC Yield as proposed by @AdamBLiv. Gives the BTC Yield per unit of mNAV (beta) X. Incremental BTC required as suggested by @EmtbRob = extra BTC that must be accumulated during the Days-to-Cover window in order to drive Forward mNAV down to X with BTC price staying constant (beta) X. Incremental Capital Required = incremental BTC required multiplied by current"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1941224456904638563) 2025-07-04 19:55:51 UTC 9223 followers, 29.8K engagements


"@Micro2Macr0 Great plan and very similar to mine. Also look at products like $BITC I really like them for downside protection while maintaining upside exposure"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943773259406684619) 2025-07-11 20:43:53 UTC 9310 followers, XXX engagements


"Fantastic news from Czechia legalizing psilocybin"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1946335173928202472) 2025-07-18 22:24:01 UTC 9367 followers, 2264 engagements


"Latest Comparison of BTC Treasury Companies: $MSTR $MTPLF $ALTBG $SWC $HOGPF $CINGF Change log: - Added latest $HOGPF purchase + capital raise - Added latest $SWC capital raise - Added latest $ALTBG capital raise - I removed $SMLR and $KULR to simplify my sheets. I will add them back once they massively increase aggressiveness ⚠ Important updates: - After discussing with @RichardByworth and analyzing the dashboards of $MSTR and $MTPLF I decided to base the mNAV calculation on the basic shares outstanding (instead on the fully diluted share count) - BTC Yield is still calculated based on"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943390468718350681) 2025-07-10 19:22:48 UTC 9365 followers, 90.5K engagements


"The Ragnar Universe is now holding 405K shares of $SWC. Added 55K at XXXX. 🫡"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1940708115504419125) 2025-07-03 09:44:06 UTC 9361 followers, 17.4K engagements


"I'm not sure about the current H100 cash balance. What's the best way to accurately calculate cash balance I'm having a hard time parsing the complicated capital structure: @steve_btcfo @Bthemoon2030"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943450642791747750) 2025-07-10 23:21:55 UTC 9304 followers, 2577 engagements


"Here's $MTPLF priced in $MSTR. We're down XX% or up XX% in terms of $MSTR. So everyone who runs their $MSTR ATM right now will get XX% more $MTPLF shares than a few weeks ago. These are the opportunities to take advantage of. Be greedy when others are fearful"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943617885357703636) 2025-07-11 10:26:29 UTC 9338 followers, 71.4K engagements


"YOLO PORTFOLIO UPDATE JULY X 2025 Finished deploying the remainder of the capital that has been stuck in settlement. $BLGV is now my largest position in this portfolio. I really love this little company. They have a great dashboard juicy tax loss carryforwards and are just a $21M company. Bigger risk but potentially very high reward. Added $LQWD as my second bet in Canada. Also added to Coinsilium (5CT) as the fastest horse in UK. And Smarter Web (3M8) to balance things out. Still own XX MSTR calls for Dec/Jan so still have plenty of exposure. Currently status: down $800K (realized +"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1942596945140236484) 2025-07-08 14:49:38 UTC 9357 followers, 3435 engagements


"Current $MTPLF mNAV is XXXX. In early May when they were at similar levels Metaplanet was holding 5000 BTC. Since then they more than 3x their stack. QTD BTC Yield is XXXX% which is almost as much as Strategys YTD number. I may need to run the $MSTR ATM again today"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1945376628818739557) 2025-07-16 06:55:06 UTC 9367 followers, 34K engagements


"I strongly believe in this. And I believe that the early movers should set the right precedents build the right habits and be the best possible role models. I also believe in free markets and transparency. So even if some companies choose different paths its important that shareholders always have the full picture so that everyone can make their own decisions. Long term the stronger results will win and the capital will flow to the best companies. I believe that $MSTR $MTPLF and $SWC will be among those winners"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1941110074056872348) 2025-07-04 12:21:20 UTC 9214 followers, 3519 engagements


"It's the way $MSTR and $MTPLF are doing it. Else my results would differ materially from their dashboards which is the most common question I get. Below are the relevant screenshots. The main reason is that I want to show the lowest possible mNAV based on the basic shares outstanding. This mNAV is the relevant metric for capital market decisions. For example: If the basic mNAV is 1x but the fully diluted mNAV is 2x that doesn't mean that they can accretively issue new shares because all shares above 1x mNAV in the fully diluted number do not exist yet and are not reflected in the current"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943396469198991767) 2025-07-10 19:46:39 UTC 9308 followers, 1860 engagements


"H100 seems to be the fastest horse at the moment. I added Forward months to cover based on my Q3 estimate of BTC Yield. What are your estimates for Q3 BTC Yield Note: Everyone able to buy now is front-running the US and the rest of Europe as they will add new tickers soon"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943603820409311312) 2025-07-11 09:30:35 UTC 9242 followers, 13.9K engagements


"The Bitcoin Treasury Companies that I own: CORE BETS (up to 90%): - Metaplanet - Strategy MEDIUM TIER (up to 10%): - Smarter Web - ALTBG - H100 VENTURE BETS (up to 5%): - Coinsilium - LQWD - K33 - ALBDM - BLGV - CCCM - MATA - SORA - 1721 Which ones do you own"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1939647769116860576) 2025-06-30 11:30:39 UTC 9214 followers, 36.1K engagements


"$TSLA should definitely deploy $5B more into Bitcoin. And maybe offer a $STRK type product. The real treasury strategy will need to wait until robotaxi prints money and is on a runaway growth path"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943959762846331193) 2025-07-12 09:04:59 UTC 9227 followers, 3414 engagements


"⚠ Open-Sourcing my Comparison Framework & Help Needed Due to popular demand I have now decided to open source my comparison framework. I've uploaded all the spreadsheets that I use for my comparisons to this public Google Sheets: My comparison is under "Ragnar Comparison" and the data source is "BTC Master Sheet". Help needed: Can someone help create a master sheet template that collects all data per single company Basically a generalized version of "BTC Master Sheet" worksheet for one company including all raises all cash balances all purchases all converts all debt all BTC Yields all"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1946561282582134977) 2025-07-19 13:22:29 UTC 9367 followers, XXX engagements


"Loved this $SWC episode with @asjwebley so many great nuggets in there"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943940972011745771) 2025-07-12 07:50:19 UTC 9226 followers, 4016 engagements


"Latest Comparison of BTC Treasury Companies: $MSTR $MTPLF $ALTBG $SWC $HOGPF $CINGF Change log: - Added latest $SWC purchase - Added assumed fully diluted number of shares in addition to basic shares - Added Forward months to cover based on my estimation for Q3 BTC Yield It's slowly coming together. 😊 This is all still very experimental & manual. Lots of improvements and ideas in the pipeline (thank you all for so much valuable feedback). If possible always provide the source and/or detailed calculations when suggesting corrections. Follow me @RoaringRagnar so you don't miss any updates."  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943598878567121186) 2025-07-11 09:10:57 UTC 9368 followers, 56.6K engagements


"Germany has its first Bitcoin Accumulation Machine"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1942500274121449635) 2025-07-08 08:25:29 UTC 9205 followers, 13.6K engagements


"How to Pair Trade BTC Treasury Companies One of the major opportunities I see for entreprising investors is to pair trade between different BTC treasury companies. That's actually one of the reasons why I built my comparison spreadsheets. Here's an example of 3350/MSTR (= 3350 measured in MSTR). Compared to X days ago you now get XX% more $MTPLF shares for each share of $MSTR you swap. That's why I made a significant rotation yesterday from $MSTR to $MTPLF. And from 4/28 when I started buying $MTPLF it outperformed $MSTR by XXX% until today. That's the power of pair trading. I recommend you"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1938958823298883856) 2025-06-28 13:53:02 UTC 9296 followers, 40.7K engagements


"Summary of the $MSTR SEC filing July XX 2025: X. $XXXXX million raised from $MSTR ATM at $XXXXXX per share on average. $XXXXX billion capacity remaining. X. $XXXX million raised from $STRK ATM at $XXXXXX per share on average. New record. $XXXXX billion capacity remaining. X. $XXXX million raised from $STRF ATM at $XXXXXX per share on average. New record. $XXXX billion capacity remaining. X. $XX million raised from $STRD ATM at $XXXXX per share on average. New record. $XXXX billion capacity remaining. X. In total Strategy raised $XXXXX million from preferreds and continues to harvest the juicy"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1944735317430349902) 2025-07-14 12:26:45 UTC 9368 followers, 79.8K engagements


"@MajorMaxBitcoin I bought the 5CT version in Europe. But nobody know what it is so I always tag the US versions"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1942492398644269459) 2025-07-08 07:54:12 UTC 9200 followers, XXX engagements


"$20M ATM-type facility initiated by Bitcoin Treasury Capital"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1945030300884447567) 2025-07-15 07:58:55 UTC 9212 followers, 5136 engagements


"@adam3us @KristophJeffers @Metaplanet_JP @DylanLeClair_ Agree that graphs should be the standard and should be published on the dashboard of each treasury"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943398376101290485) 2025-07-10 19:54:14 UTC 9354 followers, 16.8K engagements


"Latest Comparison of BTC Treasury Companies: $MSTR $MTPLF $SMLR $ALTBG $KULR $SWC $HOGPF $CINGF Change log: - Added latest $MTPLF purchase - Added latest $SMLR purchase - Added latest $ALTBG purchase - Added latest $SWC purchase - Added latest $CINGF purchase Note: This is just a quick update so please expect mistakes. I didn't have time to properly double check everything as it's getting quite complex. Will do it later. Just wanted to get this out there. This is all still very experimental & manual. Lots of improvements and ideas in the pipeline (thank you all for so much valuable feedback)."  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1942218618684461191) 2025-07-07 13:46:18 UTC 9367 followers, 64K engagements


"@_mikeinvests Nice. I am also looking at $LQWD"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1942353798552342529) 2025-07-07 22:43:27 UTC 9214 followers, XXX engagements


"Planet Ventures $PXI purchases XXXX BTC and now holds XXXXX BTC. BTC Yield now at 479%. "In addition to its current Bitcoin position the Company is actively working to liquidate approximately CAD$12 million in marketable securities with the intent to redeploy proceeds into further Bitcoin purchases at opportune times." Love the momentum 🔥"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1945126593455657357) 2025-07-15 14:21:33 UTC 9295 followers, 2464 engagements


"El Salvador is the MicroStrategy of nation states. Many years lone wolf and then cambrian explosion 💥"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943082998712209690) 2025-07-09 23:01:02 UTC 9252 followers, 1964 engagements


"YOLO PORTFOLIO UPDATE JULY XX 2025 Project $1M: XX% complete Added $PXI today. Super small super early risky but great potential. They have $13M CAD in cash & equivalents that they plan to fully port into Bitcoin. Note: This is my strict YOLO portfolio where I deliberately push the limits. Its a small part of my net worth. I still have my big HODL positions. Dont blindly copy me"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1944857251182755882) 2025-07-14 20:31:17 UTC 9360 followers, 12.9K engagements


"$SWC continues to be very attractive at these prices. I added Forward months to cover based on my Q3 estimate of BTC Yield. What are your estimates for Q3 BTC Yield"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943600259768222176) 2025-07-11 09:16:26 UTC 9243 followers, 2305 engagements


"$ALTBG is starting to look seriously undervalued these days. Especially if you assume that BTC Yield will substantially improve in Q3 which I do. Here's my latest comparison sheet:"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943451311888101793) 2025-07-10 23:24:34 UTC 9308 followers, 5266 engagements


"YOLO UPDATE JULY X 2025 The time has come to rescue this battered portfolio. Weve been stuck for too long. Today I made bold moves: Sold my $MSTR Dec $XXX calls at a XX% loss Sold $MSTR Sep $1080 covered calls against XX of my calls Took profits on DN3 Added $50K in fresh capital Ported everything into $SWC $CINGF and $BLGV the fastest horses I can find on IBKR Currently down: $800K (realized + unrealized) The path wont be easy. But I accept this challenge. Let the march back to $1M+ begin. ⚔"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1942339910100267196) 2025-07-07 21:48:16 UTC 9217 followers, 43.3K engagements


"14% of Metaplanets 555M plan is already completed. Dont fade $MTPLF. Its a coiled spring"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1945020615028613394) 2025-07-15 07:20:26 UTC 9357 followers, 17.1K engagements


"@EthanKasner_ I have $LQWD (see screenshot). Just havent done much work on them yet. When I do I might increase my position"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943052635751485764) 2025-07-09 21:00:23 UTC 9214 followers, XXX engagements


"Agree. X share price metrics are relevant: - fiat price - price in BTC - BTC per share"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1946519061568881110) 2025-07-19 10:34:43 UTC 9368 followers, 1885 engagements


"YOLO PORTFOLIO UPDATE JULY XX 2025 Project $1M: XX% complete Added more $PXI and took a tiny bit of profits to add back $SWC significantly cheaper. Also set up more profit taking orders to automate my workflow. Most of this portfolio is now in companies eh. Note: This is my strict YOLO portfolio where I deliberately push the limits. Its a small part of my net worth. I still have my big HODL positions. Dont blindly copy me"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1945233986957271318) 2025-07-15 21:28:17 UTC 9367 followers, 16.4K engagements


"Excellent guide for HNWI and institutional investors who want to invest into BTC Treasuries 👇🏻"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1946166418556260773) 2025-07-18 11:13:26 UTC 9365 followers, 3212 engagements


"@Syffe92 My next ones will be $SQNS and $LQWD but honestly I'm already at my limit of what I can handle"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1946494286742114405) 2025-07-19 08:56:16 UTC 9368 followers, XX engagements


"Here are the Ragnar Treasury operations of yesterday: - Tapped the $MSTR ATM to continue my rotation into $MTPLF and $SWC. - Tapped the $MSTR ATM for a small amount of profit to increase my personal cash reserve. Its important to train the profit taking muscle. Never get too greedy. Thats why my general rule is to sell X% after each XX% move (or 5/15 or 10/30 depending on the vol) - Still have a good chunk of $MSTR left and might slow down my rotations soon. - Initiated a small position in @PlanetPXI $PXI - In one account I rotated a part of $SWC into H100 Was a super busy day but very happy"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1945025332282642533) 2025-07-15 07:39:10 UTC 9308 followers, 10.7K engagements


"Latest Comparison of BTC Treasury Companies: $MSTR $MTPLF $SMLR $ALTBG $KULR $SWC $HOGPF $CINGF I added X new community metrics: X. # of members in the largest company specific X community X. Member conviction score: Members per day since first BTC purchase X. Members per $1B of market cap This is all still very experimental & manual. Lots of improvements and ideas in the pipeline (thank you all for so much valuable feedback). If possible always provide the source and/or detailed calculations when suggesting corrections. Follow me @RoaringRagnar so you don't miss any updates. Feedback &"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1941409142716993910) 2025-07-05 08:09:43 UTC 9299 followers, 36.7K engagements


"Currently there are XXX publicly listed companies with Bitcoin on their Balance sheet. Until the year-end I predict XXX and within XX months I predict 1000. Here's Volcon who want to raise $XXX million with a private placement now and $X billion through an ATM later. BTC Treasuries are on fire. 🔥"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1945854507835072824) 2025-07-17 14:34:01 UTC 9367 followers, 4184 engagements


"The momentum is insane: $MTPLF adds 2205 BTC and now holds 15555 BTC $SWC adds XXX BTC and now holds 1000 BTC $ALTBG adds XXX BTC and now holds 1904 BTC $CINGF adds XXXX BTC and now holds XXXXX BTC Lets fucking go warriors ⚔🚀"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1942167682469532134) 2025-07-07 10:23:53 UTC 9287 followers, 43.9K engagements


"@EneaDenkt @saylor @IIICapital @AlexandreLaizet @Kosanovic_V @dannyfonse @Bthemoon2030 @ZynxBTC I think you need at least 5000 BTC to even consider preferreds. Not everybody will be able to get to this stage"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1945950080252420495) 2025-07-17 20:53:47 UTC 9334 followers, XXX engagements


"Ragnar Treasury is pleased to announce that it has performed the following operations today: Added shares of $SWC Added shares of $CINGF Added shares of Nakiki (WDL1) I will now get to work to update my comparison sheet"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943350056758767662) 2025-07-10 16:42:13 UTC 9305 followers, 8561 engagements


"Latest Comparison of BTC Treasury Companies: $MSTR $MTPLF $ALTBG $SWC $HOGPF $CINGF $BLGV $PXI Change log: - Added new purchases and raises from $MTPLF $ALTBG $PXI - Added $10M CAD estimated private placement raise of $BLGV (to be announced) to have a proper comparison with $PXI This is all still very experimental & manual. Lots of improvements and ideas in the pipeline (thank you all for so much valuable feedback). If possible always provide the source and/or detailed calculations when suggesting corrections. Follow me @RoaringRagnar so you don't miss any updates. Feedback & discussion"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1945132484062073227) 2025-07-15 14:44:57 UTC 9368 followers, 38.9K engagements


"BTC Treasuries Community Ranking I added the community ranking to our spreadsheet . Link: The plan is to update this ranking once per week. For simplicity reasons I just count the # of members in the largest company dedicated community. To include all sub-communities is not manageable at the moment. @RealTrollstein @mc_khristina @ZynxBTC @BitcoinPowerLaw @HODL15Capital"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1941399445100233051) 2025-07-05 07:31:11 UTC 9217 followers, 57.2K engagements


"I initiated a position today in $PXI. 0.87x Forward mNAV and XXX% BTC Yield so far after X purchases. Press releases: Join this community and follow @PlanetPXI"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1944826730213974363) 2025-07-14 18:30:00 UTC 9360 followers, 14.1K engagements


"BTC denominated converts have a lot of potential. They worked wonders for $ALTBG. I would love to see @asjwebley and @Croesus_BTC (and other treasuries) to explore them. If done at a 30-40% premium to the current market price those would be highly accretive. They would also open up new pools of capital at zero credit risk for the company. OG Bitcoiners could deposit BTC and thus turn some of their stack into $SWC shares over time which could have tax benefits or get their BTC back if the conversion trigger isnt met. A beautiful instrument pioneered by @AlexandreLaizet and his team ⚡"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1941438409538507124) 2025-07-05 10:06:01 UTC 9216 followers, 2751 engagements


"@M8417526633034 Still holding 100K shares in $ALTBG"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1942204336563429884) 2025-07-07 12:49:32 UTC 9216 followers, XXX engagements


"Ragnar Treasury has tapped the $MSTR ATM and is now holding: 420K shares of $SWC 730K shares of $CINGF 200K shares of Vaultz The time to be greedy is when others are fearful"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1942198898526654710) 2025-07-07 12:27:56 UTC 9230 followers, 15.8K engagements


"Network effects matter. Not just for Bitcoin Spot ETFs but also for BTC Treasuries. Look at the difference in trading volume of $IBIT and everyone else. (see below) Its a factor 8.5x to 90x difference. The same will happen with BTC Treasuries. The ones with large volumes & large volatility and sustained healthy mNAV & BTC Yield will outperform the others with similar factors. Step X is to get to XXX BTC. Step X is to get to XXX BTC. Step X is to get to 2100 BTC Only the ones who get to 2100 BTC and have a clear path for further growth will have a shot at long-term success. The others will"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1945983656511627336) 2025-07-17 23:07:12 UTC 9368 followers, 33.3K engagements


"@gerovich Most shares on Interactive Brokers DN3 ticker. Please help to make sure that volume increases & spreads decrease for DN3 🙏🏻"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1945868553007120682) 2025-07-17 15:29:50 UTC 9368 followers, 10K engagements


"All treasury company CEOs should post a weekly update like the one below. Lets make this a standard. @AlexandreLaizet @saylor @tylev @joey_cacciatore @btcjvs @Sanderandersenn"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943950828072747334) 2025-07-12 08:29:28 UTC 9214 followers, 17.1K engagements


"$MSTR is now up XX% measured in $MTPLF. That means that for each $MSTR share you now get 1.6x the amount of $MTPLF shares compared to one month ago. This is the power of intelligent pair trading"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1945423017732931808) 2025-07-16 09:59:26 UTC 9368 followers, 15.8K engagements


"Bitcoin & Traditional Assets Compound Annual Growth Rates. (Source: @jackmallers Bitcoin 2025 in Las Vegas.)"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1941003537237897459) 2025-07-04 05:18:00 UTC 9294 followers, 2165 engagements


"@TesoroBTC I hold it in other accounts. Might add it here as well. Still have some cash left"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1942492597882323258) 2025-07-08 07:54:59 UTC 9216 followers, XXX engagements


"Latest Comparison of BTC Treasury Companies: $MSTR $MTPLF $ALTBG $SWC $HOGPF $CINGF $BLGV $PXI Change log: - Added $PXI (beta) - Added all new purchases and raises - Updated community numbers This is all still very experimental & manual. Lots of improvements and ideas in the pipeline (thank you all for so much valuable feedback). If possible always provide the source and/or detailed calculations when suggesting corrections. Follow me @RoaringRagnar so you don't miss any updates. Feedback & discussion welcome"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1944885337018306757) 2025-07-14 22:22:53 UTC 9366 followers, 32.7K engagements


"Convertible bonds are a great way to raise cash (if done right) and are also great for the investors buying them. I especially like the BTC-denominated ones that @_ALTBG is doing. Selling converts to hedge funds who dont want to be long is over though. Preferreds are better"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1942812289930830094) 2025-07-09 05:05:20 UTC 9214 followers, 3361 engagements


"Latest Comparison of BTC Treasury Companies: $MSTR $MTPLF $SMLR $ALTBG $KULR $SWC $HOGPF $CINGF Change log: - Added $CINGF (beta) This is all still very experimental & manual. Lots of improvements and ideas in the pipeline (thank you all for so much valuable feedback). If possible always provide the source and/or detailed calculations when suggesting corrections. Follow me @RoaringRagnar so you don't miss any updates. Feedback & discussion welcome"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1941142912856653897) 2025-07-04 14:31:49 UTC 9310 followers, 65.6K engagements


"@chrisoc9999 Yes $ALTBG looking very solid. Especially if they can substantially increase BTC Yield in Q3 which is my expectation"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943449700041888032) 2025-07-10 23:18:10 UTC 9216 followers, XXX engagements


"Here's my latest comparison of $BLGV and $PXI with other BTC Treasury companies. I have to say that I like the numbers of the Canadian micro caps. I added an estimated $10M CAD private placement for $BLGV which should be announced soon"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1945135163546968082) 2025-07-15 14:55:36 UTC 9297 followers, 3709 engagements


"I really like the unique positioning of $STRK. You are high in the capital structure have an $X fixed dividend and healthy upside participation. A great vehicle to potentially rotate profits into basically delevering & hedging while maintaining upside potential"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1942367519622209904) 2025-07-07 23:37:58 UTC 9367 followers, 5083 engagements


"YOLO PORTFOLIO UPDATE JULY XX 2025 Project $1M: XX% complete Starting to get into a nice rhythm. Almost all treasuries are down yet my yolo account is up 5%. Rotated some profits into $MTPLF (DN3). Goal is to have a good balance between higher risk and lower risk positions. I like my $SWC and $MTPLF positions in that regard. Note: This is my strict YOLO portfolio where I deliberately push the limits. Its a small part of my net worth. I still have my big HODL positions. Dont blindly copy me"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1946272862072889453) 2025-07-18 18:16:24 UTC 9366 followers, 12.2K engagements


"Really enjoyed this interview about $ALTBG. @AlexandreLaizet is clearly one of the best communicators in the BTC Treasury space"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943813036856205377) 2025-07-11 23:21:56 UTC 9308 followers, 6464 engagements


"$ALTBG continues to be very attractive at these prices. I added Forward months to cover based on my Q3 estimate of BTC Yield. What are your estimates for their Q3 BTC Yield"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943600916478775536) 2025-07-11 09:19:03 UTC 9308 followers, 2129 engagements


"@hawkwala They have $XXX million in cash left ready to deploy into BTC"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1945247473556992059) 2025-07-15 22:21:53 UTC 9214 followers, XXX engagements


"BTC Treasuries Community Ranking: X. $MSTR: 33.3K members X. $MTPLF: 8.8K members X. $SWC: 3K members X. $SMLR: 2K members X. $ALTBG: 1.8K members X. $NAKA: 1.3K members X. $CINGF: 1.1K members X. H100: XXX members X. $XXI: XXX members XX. $CCCM: XXX members Note: I focused on the largest community of each company for simplicity reasons. BTC Treasuries are community driven. The companies with the largest and strongest communities have an incredible advantage. Personally I love the momentum of the $MTPLF $SWC and $ALTBG communities. They are a great blueprint of what is possible. Treasuries"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1940992596827832415) 2025-07-04 04:34:31 UTC 9358 followers, 107.6K engagements


"Here's my comparison with $CINGF included. (Beta) I really like the XXXX Forward mNAV and the XXX months to cover based on the 30-day BTC Yield. Happy to announce that I now hold 500K shares 🫡 Thank you to @DunderHodl for the amazing tracker. @btcjvs @ZynxBTC 👇🏻"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1941144832518562018) 2025-07-04 14:39:27 UTC 9266 followers, 23K engagements


"@Civic108 @EneaDenkt @saylor @IIICapital @AlexandreLaizet @Kosanovic_V @dannyfonse @Bthemoon2030 @ZynxBTC My rough guess is that such a listing easily costs $X million. I could be totally off of course"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1946250112558047388) 2025-07-18 16:46:01 UTC 9322 followers, XX engagements


"Latest Comparison of BTC Treasury Companies: $MSTR $MTPLF $ALTBG $SWC $HOGPF $CINGF $BLGV $PXI ⚠ BIG UPDATE (read below) Change log: - Added all new purchases and capital raises - Updated all cash balances (as well as I could) - Added fully diluted current mNAV (yellow highlight) - Added Forward P/BYD (green highlight) Discusson on P/BYD While I appreciate the new P/BYD metric by @Croesus_BTC and @asjwebley I prefer my "Forward Months to Cover" metric (highlighted in green). First it considers the Forward mNAV including the cash ready to be deployed into Bitcoin. And second it uses my Q3"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1946488914283208866) 2025-07-19 08:34:55 UTC 9368 followers, 25.5K engagements


"Latest Comparison of BTC Treasury Companies: $MSTR $MTPLF $ALTBG $SWC $HOGPF $CINGF $BLGV Change log: - Added $BLGV (beta) - Fixed small small bugs and inconsistencies This is all still very experimental & manual. Lots of improvements and ideas in the pipeline (thank you all for so much valuable feedback). If possible always provide the source and/or detailed calculations when suggesting corrections. Follow me @RoaringRagnar so you don't miss any updates. Feedback & discussion welcome"  
![@RoaringRagnar Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::1874841959916806144.png) [@RoaringRagnar](/creator/x/RoaringRagnar) on [X](/post/tweet/1943788864297975953) 2025-07-11 21:45:53 UTC 9291 followers, 42.4K engagements