Michael Saylor Just Dropped a Bitcoin Bombshell

**John Lee Dumas** (0:00)
Welcome to MSTR Today and the Treasury Titans. It's Tuesday, it's August 4th, it's JLD, and nothing in this video is financial advice. And Michael Saylor wants us to know that the future is orange. Orange with a capital O. Let's go.
Michael also wants us to know that when I say, never sell your Bitcoin, I speak as one saver to another. I have never sold mine. Not one Satoshi. Strategy is a public company, not my wallet. Since 2020, it is disclosed, it may buy or sell Bitcoin to manage capital. Our shared conviction in Bitcoin remains unchanged. So Michael Saylor got so much flak when Strategy started doing right by MSTR shareholders, right by the company of Strategy, and actively managing its balance sheet. That is what Strategy is doing. It is actively managing its balance sheet. Sometimes it makes sense to buy Bitcoin. Sometimes it makes sense to sell Bitcoin. Sometimes it makes sense to do stretch buybacks. Sometimes it's going to make sense to do MSTR buybacks. It is an actively managed company that can pull a lot of levers and has a lot of optionality. And when Michael Saylor says, never sell your Bitcoin, he's speaking as one saver to another. Now look at this. It's already gotten over 2.5 million views. Let's see what the first post is.
Blatant lie, says Logman.
Okay, so there's just people that are always going to be haters, and haters are always going to hate. Let's even kind of go back down to Logman for a second. He says, you specifically say your company is in the business of buying Bitcoin. We've said we would not be selling any Bitcoin ever. So at the end of the day, strategy is always going to be a net accumulator of Bitcoin. Maybe not in days or weeks, but definitely in years and decades. Now, if you're not on board with that, log man, you should get off this train. You should just go buy Bitcoin, and you should go put it in a cold store or somewhere, hopefully safely.
Guess what? We won't miss you at all. But Michael Saylor is just coming out and saying, hey, what strategy as a company that actively manages its balance sheets with over $50 billion in assets is different from one saver to another? And if you can't get that, I can't help you. Fong Li says, MSTR is built to outperform Bitcoin over time. It has outperformed Bitcoin every four-year cycle.
Since we adopted Bitcoin on August 10, 2020, outperformance comes from growing Bitcoin per share. And here is how MSTR is built to outperform Bitcoin over long periods.
Here we have 47%, 48%, 52% all the way up now to 100% of the time over a four-year period. So one month, three months, six months, one year. Over this time period, you can just see the increases go up, up, up, all the way to 100% for four years that MSTR will outperform Bitcoin. So if you think Bitcoin is going to perform in four years, you better believe that MSTR is going to outperform in those four years. Adam says, strategy will not be stopped. Every day that ticks by is a day closer to the Bitcoin bull markets. The bears are cooked. And that's cooked, by the way, with a capital C. Mark says, the MSR US Reserve now sits at $4 billion. Strategy can pay the dividend for the stretch dividend for 2.3 years without raising another penny from the capital markets or selling Bitcoin. Feels pretty good, by the way, as a stretch holder. Mark says, stretch is above $91. Now it's actually well above $92. After announcing stretch buybacks and an increase to the US Reserve, these actions are working. The path is difficult, but returning stretch to par means more Bitcoin purchases and further increases in Bitcoin per share. Good for MSTR shareholders. And yes, you better believe that is good for us. Joe says, last week's strategy sold $104 million to Bitcoin, and one of the most respected Bitcoin harbors, Waltz, suffered a catastrophic vulnerability. Yet Bitcoin is not down significantly. This is what a bottom feels like. And Grain says, here's your stretch at $100 Bingo fun card. So when a stretch gets to $100, people are going to say, it could go down again. Saylor sold Bitcoin to get it up. Where do dividends come from? Digital credit isn't real. You only get paid in fiat dollars. 12% is too expensive. It doesn't have a credit rating, and so on, and so on, and so on. And I'll be here every day talking about the truth that MSTR is on its way to becoming the most valuable company in the world. And Dan wants us to know that stretch buybacks are working, and yes, they are. Grant comes back and says, if you scale strategies holding it down to an investor holding of 0.842 Bitcoin, which is worth $54,730 at $65K Bitcoin, they sold just a very small amount of Bitcoin, or $340, and still hold $54,390 in Bitcoin. If selling $340 out of a $54,730 position freaks you out, get a grip.