Shitcoin minimalist

This will be an ongoing thread with the worst Bitcoin treasury takes 👇

Now that Saylor is planning on market making $STRC around $100, how does it work when he buys back $50m of $STRC in a day at $99.90+ and sells/issues $10m at $100. Will he still buy BTC with the $10m? Does it make sense to buy BTC as long as he is a net buyer of $STRC?

Weird $STRC price action today, im guessing Saylor is being played around by shorts, for who he keeps providing liquidity for perfect entries at $99,90+ Saylor is basically playing a game of poker with his cards open, where his opponents can risk a lot, because the losses are very limited.

Will be interesting to see what Saylors next move will be, his top priority is getting $STRC back to par, for that he needs cash. His options to get cash: 1. ATM $MSTR (mnav <1.10) 2. Sell Bitcoin 3. Use the USD reserve (the one for paying dividends, break another promise)

Saylor blowing through all his cash reserve to get $STRC to $99.99 yesterday, only to find out it instantly drops as soon as he removes his bid 🤷‍♂️ It's a broken product trading below par for 5.5 months now.

If Saylors $STRC buybacks were around 30% of volume again this week, he is down to <$100m of available cash to buy back $STRC. Lets see if he refills for another billion

Hey @saylor, thanks for providing liquidity💪 Now try to liquidate me….oh wait 🙈 $STRC

If you can’t spot the sucker, then you are the sucker

Another broken Saylor promise 👇 With the biggest buyback of $STRC at $99.58 this week.

It surely was a good deal for him🎯

Another example of Saylor not keeping up with prior promises. Instead of buying more $STRC at deeper discounts, he is doing the opposite. $1 billion of buybacks and 117 days since it last traded at par, probably few more billion to go 🫡

Will Saylor report another 1k+ BTC buy at $81k+ tomorrow? Last week he bought the thursday high, did he do it again, im guessing he did! $MSTR

Metaplanet diluting their shareholders but not their stock based compensation packages is beyond hilarious.

Strategy has acquired 14,495 BTC for ~$1.01 billion at ~$68,985 per bitcoin and has achieved BTC Yield of 0.1% YTD 2026. As of 8/19/2026, we hodl 854,942 $BTC acquired for ~$64.58 billion at ~$75,540 per bitcoin. $MSTR

Saylor finally running out of fools to dilute $MSTR

iPhones issued in May are currently being recalled at a discount because of technical issues, with the intention to sell them again in a couple of months with the same specs at the original price.

Saylor must be thinking he can get STRC back to 'par' with a couple 100s million given how easily he can push it up now. Not understanding supply has moved instead instead of disappeared. Getting STRC to $98 might only cost him couple 100 million, from $98 to over $99.99 will take billions of buyback (half the supply?), is he willing to do this and for what purpose, he still needs buyers at $100?

So Saylor is buying back $STRC at $89 that he mostly sold at $100 financed by selling BTC at $64k that he mostly bought at $80k+ All with the idea to get $STRC back to $100 so he can issue/sell them again (to who?!), so he can buyback BTC again at $80k+

MSTR bagholder logic 👇 ‘Is it mathematically possible to generate a yield by selling something?’ ‘ yes it is, because you can sell a fraction of that thing and now you have cash and you can use that cash to pay a yield’