Everyone on my “For You” tab on X image
Saylor built a 640,000 BTC treasury financed by fixed-income paper with no ops cash to pay coupons. In a bear market, HODLers dump sats for “guaranteed yield” in STRC. That forces Saylor to sell BTC to meet coupon payments — dumping into weakness. Congrats, you just built the first Bitcoin reflexive short. #Bitcoin 🍿 image
Remember the Lightning Trust Chain in 2018? Imagine the 2025 version — a Corporate Bitcoin Trust Chain. Each company passes a Satoshi to the next, but first it must be locked under GAAP for 90 days and approved by Investor Relations.
Must be tough being a Satoshi trapped on a corporate balance sheet. Watching your friends live free on Lightning while you rot in GAAP prison.