Bitcoin Treasury Companies Are Reshaping Finance – Here's Why

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Welcome to MSTR Today and the Treasury Titans. It is Tuesday. It is July 21st. It is JLD, and Michael Saylor is having an orange today. He's having an orange as the market is having a green. What do I mean by that? Well, Bitcoin's up over $66,000. Where is it going to end up today? Nobody knows. But hey, let's take a week and get these days right. Michael Saylor says, the impulse to change Bitcoin's rules merely to prevent others from using Bitcoin in ways you disapprove of is status in alien to a community rooted in liberty, property rights, free markets, natural law, and Austrian economics. Bitcoin 10 would impose monetary purity by fiat. Michael Saylor continuing to voice his opinions and just let us know, hey, leave Bitcoin alone. Adam says, this is going to be the most valuable company in the world, and they are going to put it smack dab right in front of your face the entire journey there. Inevitable. Inevitable. What company is that? Well, that company is MSTR, as you can see right flipping here.
Supply Shock says, last chance to buy MSTR below 100... forever?
Time will tell. Zink says, MSTR is going to run so fast when Saylor decides to stop using the ATM for a few months in a Bitcoin bull market. The drawdown has been tough, but the hard work to make the balance sheet indestructible will pay off. I have no doubt anything below 100 is an absolute bargain.
Well, I've been buying below 100, so bargain the city. Let's go. Chris says, MSTR bears are going to have their head in their ass when we experience a true Bitcoin bull market, and they are going to disappear like rats when you turn the light on. British Hottle says, Bitcoin and everything is bullish again. British Hottle, let's go. Zink says, the bull market has begun. Bitcoin just crossed $65,000. Now it actually has crossed $66,000. It's not going to $40,000 to $50,000. The bears tricked you. Congratulations to those who took advantage and bought below $60,000. Bitcoin will never go below $57,000 again. We are so back. And guess what? I was buying at $57,000. I was buying at $59,000. I was buying at $60,000, $62,000, $64,000. I've been buying today at $66,000.
And I do also agree that we are back, but at the same time, nobody knows what the future holds. And strategy is going to go how Bitcoin goes. Chris says, Today marks Stretch's one-year anniversary. Some stats. One, Stretch has raised $10 billion. Two, since IPO, Stretch has closed below par nine times. Three, the longest recovery period back to par was 69 trading days, which was the IPO phase itself. The shortest recovery period back to par was one trading day. The average recovery period was 9.8 trading days. The current period is 44 trading days for accounting, making it the second-longest recovery since IPO. The lowest closing price was $74.57, which was not that long ago.
And here you go with tracking Stretch.
Mark says, Bitcoin is breaking out relative to previous bear markets, down 47% from its high versus 68% at the same point last bear markets. And you can see this black line right here is the current cycle. What's going to happen here? Well, in all other cycles, they were longer, and then they shot up into the right, every single one of them.
Which one is this one going to do? Only time will tell. Reigner says, the next Bitcoin bull market may have already started. People have given up or not paying attention. Meanwhile, we went from 57,000 to 66,000, and no one noticed. They will re-enter when Bitcoin is 95,000 after people start understanding this bear is over at 105,000 when it reached six digits again, and after 126,000 after we reached new all-time highs. By this time, the bears will either be quiet or claim they were always bullish. Human nature is so predictable, LOL. Buying below 75,000 is historic. Don't fade this. And Ragnar continues to say, MetaPlanet just disclosed that Capri Group, its single largest shareholder, increased its stake to 10.6 percent. Follow the smart money and be like Capri Group. MetaPlanet is my second largest Bitcoin treasury position, and depending on the relative value compared to Strive, I might take it back to number one one day. And MetaPlanet is also my second largest Bitcoin holding, with MSTR being by far my number one and Strive being my number three. Ragnar says, while everyone is giving up on MetaPlanet, it quietly is up 9.95 percent today and 26.5 percent for the lowest bullish on this Japanese hotel company. Let's go. And this was, of course, yesterday, July 21st. Nice day for MetaPlanet. And we have a nice clip from Michael Saylor coming up. We get back from thanking our sponsors as we march towards 70K Bitcoin. Support for MSTR Today comes from Square, the business platform that helps sellers become neighborhood favorites. Whether you're bracing for the lunch rush, the holiday stampede, or just a Tuesday that suddenly turns into a frenzy, Square keeps things humming along smoothly. Payments, POS, online orders, inventory, staff, and more, all in one place so you can focus on your customers, not your to-do list. I personally love seeing Square at local shops, cafes, and creator pop-ups because the checkout feels smooth. Tap, receipt, done. No tech circus, no confusion, just a clean and quick experience. The listed team keeps serving, and the owner keep growing. Square helps you run your business more smoothly, bringing payments, operations, and insights together in one place, so you're ready for whatever's next. Right now, you can get up to $200 off Square Hardware when you sign up at square.com/go/jld.