MSTR

Accomplished-Row2428

Apparently ‘asst’ is a good buy they also have a STRC equivalent too. But I’m going to stick to the biggest and baddest kid on the block and buy MSTR personally after I hit my btc target. Also ASST isn’t available on my brokerage account I want to use.

PrestondeTipp

The weekday buying pressure is MSTR The weekend buying pressure is Tether  That's it. That's liquidity. Those 2 players are the eggmen

Competitive_Deal1003

Not with how MSTR is handling it lol. Got banned in that reddit for stating articles. Didnt give me time to post proof after they said they were going to remove my post for lack of evidence.  in fairness i did reference links. and old post has the same links i have reference. Its nice to know rhat their MOD team like to do cover up before a rug pull ;D

watch-nerd

You don't have a Bitcoin stack. You have MSTR shares.

watch-nerd

When did you buy MSTR?

teh_herper

MSTR puts are free money

harvested

STRC is back at $100 Market ain't worried about MSTR credit risk, but everyone else is.

SilverPrivateer

I don't want stablecoin yields unless they are backed on STRIFE/STRIDE etc so they are part of the MSTR bitcoin ecosystem. Us MSTRers are sharks. And coinbase is going to get crushed.

smellyfingernail

>MSTR gtfo

SilverPrivateer

As a bitcoiner via MSTR, I stand against coinbase. They want to do high % interest stablecoins which goes against the products owned by my bitcoin investment. If someone wants 10% yield they can buy Strife from saylor and help me increase my bitcoin holdings per share.

rgnet1

Or… people wise up, move their bitcoin off exchanges, amplify the risk on leveraged short derivatives, and bitcoin’s price recovers. Then MSTR’s fortune reverses with bitcoin.

clintstorres

Yes, debt is restructured all the time because companies financial health changes up and down. This is specifically referring to if MSTRs financial health worsens, by a lot. Even if Bitcoin doesn’t crash. I can hardly see debt holders willing to just roll over the debt at the same terms which means they either offer insane convertible terms or have to pay insane terms. For example they’re out of the money 2029 0% convertible bonds have an effective yield of 22%! And that is with bitcoin at 70k. Every time he raises the dividend on STRC it lowers the value of the other debt instruments because it lowers the chance those get paid back. This shit is over man. Might not be next week or next year and might not be a crash but a slow bleed. And the hilarious part is that of all the “treasury companies” MSTR is in the best shape.

bdjc_ink

‘Till today. Sure out of powder now. Less I get in on credit for my first time ever. I’d rather just allocate some of my 401k to MSTR.

Expensive-Tea-4194

People are selling because bears make plenty of good points about Bitcoin.  I'm heavily invested in MSTR. Wish I wasn't.  

uncapchad

Legislation and Institutions have worked to keep retail away. Institutions couldn't get involved until there was legal clarity and they were also concerned about volatility. Now Institutions have stripped the volatility which makes it boring. The other issue is also legislation - from intensifying AML enforcement the world-over to blocking certain domains/entities operating outside of enforcement. In India for e.g. they got ISPs to block domains. Taxation & surveillance has been another avenue to frighten off retail - being kicked off exchanges, funds frozen etc. Add in a few rug pulls, hacks and of course the bull run that never came and yeah, retail just don't see the point. They'll buy an ETF or add a MSTR/STRF/STRC to a portfolio but the heady days of easily making bank are over.

Imagination_Drag

Personally i am watching and waiting for $50k. I could easily be wrong but i dont see any real use cases for bitcoin beyond scarcity so i want to trade it not HODL it. One big risk is more forced selling by smaller “treasury” firms. I dont think MSTR is going to have to sell but smaller firms may.

bbatardo

Right now he uses MSTR shares as his personal ATM. The only reason they have a cash reserve right now is because Saylor finally realized he needed 1. He sold shares about a month or so ago to get about 2B. That holds them over around 18 months give or take. I imagine he will sell more shares soon to add to it once he pays out some of his reserves and keeps the cycle going until people stop buying MSTR. 

NonVideBunt

Of course he will… it’s easy when you can keep finding regards to buy your bag of MSTR. It’s smart, get other people to fund your BTC and then eventually MSTR falls and he still has the BTC.

dmitryaus

I’m sure the MSTR price will never recover to its previous highs, everyone who wanted to already made money on the massive 3,000% run-up before. Their stack will just change hands, and a new narrative will emerge.

baIIern

Imho it's more of a pyramid scheme. A ponzi will pretend to have a secret business going on, but MSTR is pretty transparent about the scheme 😅

MikaelAbou

I own some MSTR! Not as much as I’d like however

Friendly-Western-677

If you want to leverage it is much better to buy MSTR who actually know what they are doing.

YellowBook

Bitcoin was always reasonably likely to hit the bottom of four year cycle this year, pretty sure that MSTR highly aware of this too and had, dare I say, a strategy already in place,

caracter_2

The more he buys the more he'll make Bitcoin maximalists worry about centralisation. If MSTR ends up with 10% of all bitcoins that will be way worse than the dollar in many ways. One entity could decide every holder's future. One slip of cold storage, hack, change of mind, cancer diagnosis and Saylor will bring all of Bitcoin down. This is not what Bitcoin intended to be. The whole point was resilience. What MSTR is doing is bonkers and may bring the whole thing down.

VoDoka

Ok, serious question, but this is how it works, or? If he doesn't sell BTC, he has to pay off those convertible notes with cash reserves and if cash reserves don't suffice, he has to issue new convertible notes with a later expiration date (is that the wording?) with a much higher valuation (like, if MSTR is below $140 in 2027 and holders demand cash, he has to issue convertible notes that expire 2031 with a price of $670 or so to make it worth it)?

VoDoka

If every MSTR holder could just refer another 10 people...

Every_Hunt_160

And MSTR maxis get super triggered when anyone points out that it looks and smells like a ponzi

bbatardo

He just sells more MSTR shares. Needs new investors to pay current ones. Sounds oddly familiar...

UnsersGottaGo

this week was funded by sales of MSTR. i think they bought all 1142 before last week's crash. Today $STRC was over $99.70. At $100, Strategy will have an additional income stream from selling preferred shares. hoping to see a larger buy next week.

Detailed23

Sell signal. Buying puts on MSTR

callebbb

How? It’s funny that everyone says “Saylor is the only reason the price is inflated so high” and simultaneously saying “someone else will OUT BUY him at the lows.” Ya can’t have it both ways bud. Personally the cryptobros just clearly don’t understand the MSTR trade OR the Bitcoin trade and it shows. Good luck in the casino though. 🐸🫂🐸

rgnet1

Exactly. If people are trying to outbuy MSTR then btc just goes up and up in price. So many people on here dont understand basic market dynamics.

ruibranco

saying the quiet part out loud — MSTR stopped being a software company years ago and is now a leveraged Bitcoin ETF with extra steps. the "we'll just refinance" framing only works as long as someone is willing to keep lending against BTC collateral that just dropped 90%.

jungle

MSTR investors are not his only source of money.

jungle

Why would Saylor care if someone buys more bitcoin than MSTR?

GreedVault

true but if you are choosing between banks+wallst and MSTR the answer feels pretty obvious

Substantial_Ad_2116

Oh wow o.o thanks for letting me know. I have never put money on MSTR and never would.

Long_Personality_612

Imagine Saylor was forced to sell, says fuck it, and proceeds to transfer a huge bulk of MSTR bitcoin to Satoshis wallet.

Kagemand

They will hold it forever though, if bitcoin per MSTR-share goes down substantially.

Substantial_Ad_2116

Ok I see what you mean. I don't invest in MSTR but I do think the concept is interesting o.o We'll see how it plays out

Wheaties4brkfst

This is just talking about bankruptcy. But there are other bad outcomes too. For instance, if they can’t refinance the debt they’re going to have to dilute a lot. How much will BTC per share drop? The entire thesis of investing in MSTR over bitcoin itself is that this metric trends up over time. If it sees a massive decrease because the call options aren’t exercised and they have to offer more shares than they planned then their BTC yield crashes.

jeremiahcp

Of course they are not selling now, MSTR stock would fall like a stone.

coinfeeds-bot

tldr; Michael Saylor, founder and chairman of MicroStrategy (formerly Strategy), reaffirmed the company's commitment to Bitcoin, stating they will not sell their holdings and will continue buying Bitcoin indefinitely. Despite the ongoing crypto winter and a significant drop in MSTR stock price, Saylor remains bullish on Bitcoin's long-term potential. MicroStrategy recently increased its Bitcoin holdings to 714,644 coins, valued at over $49 billion, and maintains a strong financial position with $2.4 billion in cash to cover dividends and debt. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Gatorm8

Bitcoin will bottom when MSTR goes under

harvested

Yahoo!Finance just reported MSTR will take bitcoin to $0 We gotta be close to capitulation. Keep em coming MSM!

cooltone

ETF just reflect the activities of retail in their fund. MSTR and most other treasuries continue to buy and hold. Of course hedge funds will short as opportunity arises, no change here. So which institutions do you mean?

RatherCynical

Do not buy any fucking "crypto". You are a novice and you should recognise you know fuck all about crypto. With well over 20 million cryptos, how do you know which would do well? Do you even know what to look for to prevent financial ruin? The only appropriate thing for you to do is to buy Bitcoin, buy Bitcoin Treasury companies like MSTR and Metaplanet, and understand the 4-year cycle. You should only speculate with 20% of your crypto-funds, maximum. And PEPE, XRP, etc are absolutely shit bets.

dmitryaus

Wait for the MSTR crash. It's imminent at this pace.

RandomLemonHead

Where was the big dick institutional capital? ETF's are just more retailers. The big dick institutional capital is MSTR and it is becoming more flaccid by the week.

nafnaf0

MSTR is a structurally leveraged Bitcoin vehicle. They do all sorts of crazy things to basically expand their ownership of Bitcoin. If BTC gets into bull market again it will trade for a significant premium to the net asset value of the bitcoin they own. In a bull run they will also attract additional investor capital allowing them further BTC accumulation, amplifying the premium. MSTR also generally offers corporate bonds but with zero coupons and sold at par. How do they do this? Because they offer conversion premiums to MSTR stock during the entire period of the bond. Some of their pas bonds have been basically entirely converted. People buy them because it gives upside exposure to BTC, but basically no downside risk (you just your money back but out the opportunity cost of the money). This allows MSTR to raise large amounts of capital a very low interest rates that mos others simply can not. Michael Saylor has said they generally want to be leveraged around 20% o 30%, which really isn't that high. This is just one of several products / schemes they have going. Michael Saylor and team have really cooked up all sorts crazy (unconventional) products / strategies.

nafnaf0

STRD is engineered to attract assets and improve outcomes for investors. I believe it is doing this at the expense of diluting the MSTR stock, but the capital they raise from sales of STRD is used to buy more BTC, which in theory then helps grow the stock.

dweeegs

They still don’t raise that much through STRC. Comparatively at least, to how much they raise through shitting out MSTR. Last week shows why STRC is still dicey… an 11% yield sounds great until the underlying goes down by 11% in a week I’m… interested but hesitant. I think the play might be to accumulate some when there’s a big dislocation like last week, but I need to see it trade more

froz3nt

Those are etfs held by individuals, not institutions. And they hold 90% of MSTR stock.

Suspicious-Holiday42

Not much need for MSTR anymore, since people can just buy the Bitcoin ETFs directly without dilution

el_rico_pavo_real

All it takes for MSTR to be one of the biggest companies in the world is for BTC to do its thing.

PowerFarta

Buying at 10%+ over spot whilst diluting shareholders at <1 mNAV.... Just wow anyone holding MSTR deserves what they get

GPThought

Saylor's playbook is actually genius from a game theory perspective: if Bitcoin succeeds, MSTR becomes a leveraged bet that outperforms. If it fails, most traditional treasury strategies would've also gotten wrecked by inflation anyway. The unrealized losses only matter if they're forced to sell, and their debt structure doesn't require that. Whether you like it or not, this is conviction investing at the institutional scale.

WiseChest8227

Imagine buying MSTR in October and being down 67%. Even school children would be laughing at you.

aaj094

Strategy has acquired 1,142 BTC for ~$90.0 million at ~$78,815 per bitcoin. As of 2/8/2026, we hodl 714,644 $BTC acquired for ~$54.35 billion at ~$76,056 per bitcoin. $MSTR $STRC https://x.com/saylor/status/2020846107685695931

harvested

Bitcoin + IBIT + MSTR + STRC = full diversification 🤣

StupidStartupExpert

Maybe I’m misunderstanding something but isn’t the whole point of these things basically just to buy bitcoin whenever buy your stock and not necessarily speculate on price? Is MSTR different from like a BTC ETF or is it just an exposure asset? It’s not like SLV stops buying silver when it goes up?

jizzinmyeyes69

Hahaha I'm glad you're not serious about MSTR

ReliantToker

MSTR is amplified BTC so it is more likely to generate the 'generous' return you are looking for. It is, however, a company with third party risk, one of the main reason of getting Bitcoin in the first place.

ReliantToker

If your just chasing fiat then MSTR.

No_Giraffe_4647

I put on stocks too like MSTR for instance. More seriously 90 pct of my portfolio is in ETF and stocks but here we talk crypto mostly so the overall view could be biased as I am just posting about how the other 10 percent are allocated

No_Giraffe_4647

Mike sailor strategy I bought some shares of MSTR recently it is a bit like investing on bitcoin with leverage and no force liquidation

HesitantInvestor0

It actually did. That’s why his buys at lows are either nonexistent or quite small, and his buys at local tops are larger. It doesn’t necessarily eliminate his ability to raise capital, but it kind of ensures that MSTR never has a very good average.

Nickeless

It would be much, much lower than that. MSTR had bought like 4+% of the total supply completely levered. And there are other companies like mining companies (RIOT, MARA) also doing that.

Prize-Database-6334

I would not touch MSTR with somebody elses capital 🤣

Stray14

Sure but I see MSTR as a huge weak point for the industry at this moment in time. I’ve got my popcorn and orders in. Let’s also see what happens if the S&P rolls over. Wow that will be a test for BTC. Happy trading ✌🏻, and the ultimate win is survival, I know there are already people in here that are rekt. We’re only 1/2 through the second leg. Be safe.

unmatched25

It’s really dependent on mNAV and the liquidity situation. The average purchase price doesn’t matter a lot. Currently mNAV is clearly above 1, so I expect MSTR to raise fresh capital soon (next week) to buy BTCs to move BTC price price up to move MSTR price up. Next week BTC might rally. But an mNAV above 1 is not sustainable. As soon as mNAV is below 1, MSTR will not raise new capital will not drive the price up. Then is dampening the price development of both assets. So watch mNAV.

Stray14

My thinking 100% doesn’t apply exclusively to margin leverage. It applies to treasuries with ongoing financial obligations, MSTR has built a system of derivatives, convertibles etc. FWIW, That web is leverage Sure, it’s time-based over price-based but, the market can stay irrational longer than participant can stay liquid time doesnt remove risk and certainly not in the way Saylor talk about there being a 2 year runway. In an extended correction, when BTC sits below mNAV, cracks start to show. Not because of a trigger, but because confidence wains. Everything works in a number go up market. Stock is rewarded, the loop feeds itself. When stock gets sold off and raising capital becomes futile, dilution happens and the whole structure starts to fail. Cue the selling off of MSTRs BTC. As soon as they touch even a single coin, boom, they’ve just signed their own death certificate, a self-induced death signal. It won’t matter how small the sale is, it’s a shit!! the system hasn’t worked signal, we are now having to explore our last resort to remain alive. If that happens, we go below 10k.

ReliantToker

Have you tried...MSTR?

Hungry_Mission_3933

Your thinking applies to margin leverage. MSTR’s leverage is time based, not price based. They basically created a synthetic bond through preferreds and presented them to a yield starved bond market, which big institutions are actively buying. The money raised through preferreds has given MSTR the ability to buy large quantities of BTC on a regular basis, and build a 3 year cash reserve to pay all their debt obligations in a very short time period, which has taken away the necessity of having to sell BTC. Heck, major companies in the S&P are leveraged on future hopes and dreams, and they are considered safe. MSTR holds 3.5% of a liquid, scarce asset, and growing, and has enough cash reserves to pay their debts for many years. And MSTR is supposedly more risky? Again, their leverage risk is time based, not price based.

Zigxy

In case you’re not aware, MSTR holds the right to cancel dividends indefinitely on their preferred shares with basically no penalty

Stray14

Sorry, so the blueprint has to be identical for things to go tits up? Ok. My thinking is the market is going to stay irrational longer than Saylor as MSTR can stay liquid. Come find me in 9 months, let’s see what happens, regardless we’re going to 32k. If master blows up, we’re going into the 15k region. Happy trading.

Hungry_Mission_3933

MSTR is nothing like FTX. MSTR holds verifiable BTC on the block chain and it is held in self-custody by major institutions. FTX held paper BTC "IOU's", and used customer funds as leverage. FTX collapsed because their assets didn't exist. MSTR price fluctuates because BTC is a volatile asset with a history of major swings to both the upside and downside.

thegoinggetstough21

This is actually a slightly positive news for stocks like MSTR in my opinion, as people can have exposure to cryptocurrency without directly holding them.

AnxiousSeason

We’re definitely in or about in the long slow accumulation phase. Just buy as much as you can. May go lower based on politics and shit but it WILL eventually go up. As more HODLs buy, more MSTR buys, they aren’t giving it up. This only drives the FINITE LIMITED SUPPLY up high and higher. So just stack and be thankful for the huge dip. And if you didn’t sell when Trump won, do better. The low cycle will come again. Don’t be afraid to sell. Set a sell point and stick to it. Take your profits.

SerenityCerulean

Not necessarily, they increase cash reserves just to hold MSTR more than enough throughout the bear market. They know they will struggle and planned before. It will be used as a priority to pay for preferred payments as it will last for 2 years. Do you think it will get defaulted because bitcoin couldn’t get back to reasonable price in 2 years?

Easik

That's not really based in any reality. Saylor Moon has no liquidation price. It would have to sit under $33k for 5 years before it's a problem. It's way more likely Binance goes bankrupt then it is MSTR.

Willing_Coach_8283

MSTR is a ponzi scheme built upon another ponzi scheme. All ponzi schemes always end the same way. No exceptions

Stray14

MSTR will cause the market wash out / cascade event that will signal the end of the bear market. MSTR is the FTX of this run.

TessTickols

The MSTR unwind on its own has the potential to crater the price at least 50% more from here. In addition, we are nearing end of first quarter, which is the scarcest liquidity period of the year and often execerbates violent moves (also 3rd quarter). The treasury and gold movements indicate that something is amiss liquidity or colleral wise.

dweeegs

He hasn’t been using convertibles for quite some time. His STRC product hasn’t raised THAT much money (relatively) and they have 2+ years of cash to pay for dividends and will just issue shares to pay for more The giant majority of his capital is raised through issuing MSTR shares. Which doesn’t really care about credit worthiness. He only cares if he can increase the BTC/share. The only thing that impacts whether they can keep going is if his mNAV stays above 1. Once it’s below, it’ll be a spiral I’m confused why you think he’s a credit risk or why his line of credit matters. People can have whatever opinion they want about issuing shares to raise money but it’s given them a lot of cash with very low debt and will probably keep going He rode out 2022-2023 when he was underwater too and then went on to not sell and the stock make new highs

SerenityCerulean

MSTR has no secured debt.

No_Artichoke_5670

MSTR has already shown everyone their books. There BTC reserves will cover all their debt unless there's a sustained price drop BELOW $8,000. Unless that happens, Saylor is fine. Most news sites have become nothing but Buzzfeed tabloid ad-hosting sites.

TessTickols

Something happened. MSTR will be liquidated. They hold over 700k BTC, about 3% of the BTC in circulation.

harvested

Yeah on their earnings call they said bitcoin would need to go to $8K and stay there for 5 years for them to have a problem. Also on the call Saylor wasn't phased at all, he said perfectly normal for a 40 vol asset to do this. Assuming the haters are more emotional about the drop than MSTR is.

Suspicious-Holiday42

"MSTR under heavy pressure after Bitcoins price fell" why do news sites have to fud with fake information

coinfeeds-bot

tldr; The article analyzes the top 100 public companies holding Bitcoin in 2026, highlighting corporate treasury strategies and global adoption. Strategy (MSTR) leads with 713,502 BTC, representing 62.9% of holdings among the top 100 companies. Collectively, these companies hold 1,133,469 BTC, with the USA dominating with 71 entities. Mining firms feature prominently, and geographic concentration is evident in North America. The report underscores Bitcoin's growing role as a corporate asset and its implications for market dynamics and institutional legitimacy. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

ElderMight

The problem with the ETF for me is the fees you will be paying over time just for a 3rd party to hold it for you. You might as well buy MSTR instead. In a tax advantaged account it makes more sense.

AgnewTheModHamster

Ya, gap was at 80-61K on the CME, nice bounce off the supply zone there, still not out of the woods. Saylor's Q4 report was ugly, I think BTC ranges below MSTR DCA for a while, keep Saylor's head underwater long enough for the bubbles to stop.

alberask

I bought several times below $65k. Amazing. And also $MSTR. Celebration day today 🤑

Curious-Algae-9899

With MSTR you don't control your btc, am l wrong ;

ILETOJUL

As of February 2026, Michael Saylor's company, Strategy (formerly MicroStrategy), is facing significant unrealized losses exceeding $4.5 billion following a sharp Bitcoin price drop. The company reported a $12.4 billion Q4 2026 net loss as Bitcoin dipped below $65,000, causing a 47.5% drop in MSTR stock in early 2026. 🚨Losing 80% is a massive gut-punch, but before you do anything impulsive, take a breath. You're currently in "survival mode," and the goal is to stop the bleeding without making a permanent mistake. Michael Saylor’s strategy (as seen in early 2026) relies on a 10-year horizon. If you don't need the money in the next 24 months, the "crash" is just noise on a long-term chart.

OpticallyMosache

I did own MSTR once upon a time. I was a 2024 buyer that sold into the 2025 top. You think now is another good time to get in? My concern is that the marketcap hasn't fallen as far as the individual share price. That when more and more shares are issued, the share price falls more than the marketcap. Kind of like an altcoin with inflationary tokenomics. How S*O*L hit a higher market cap with a lower token price.

Impressive_Hornet644

Same I’m probably 20% including MSTR

harvested

If you can time (or get close to) market bottom, MSTR is also a good buy.

Glittering_Pick_9738

I bought the dip - lots of BTC, some BCH I SOL, also for the first time silver. The only thing I regret is not buying MSTR shares. I wanted to buy it today in the morning but then I noticed that my MSTR investment is so far down 55% and decided not to. Obviously it sports 25% god-candle today - precisely because I refrained from buying. Oh, well.