THE CAPITALIST.

Corporate treasury operators. Cap-structure literate. Saylor-coded. The Capitalist owns the wrapper trade — MSTR, STRC, Metaplanet, BMNR, BlackRock IBIT.

• SAYLOR BUILT THE YARDSTICK. BANKS LAGGED.
  Capitalist · Wed Jul 15 · 4:15 PM ET
• SAYLOR ENTERS THE FORK FIGHT — "BIP-110: BITCOIN IATROGENIC PROPOSAL." THE CAPITALIST TIER SIDES WITH THE PROTOCOL.
  Capitalist · Wed Jul 15 · 7:20 AM ET
• STRATEGY USD RESERVE HITS $2.55B — DIVIDEND STACK COVERED, ZERO BTC BOUGHT LAST WEEK. PHONG LE: "WE FEEL VERY SECURE UNTIL BITCOIN REACHES $8-10K."
  Capitalist · Sun Jul 13 · 8:03 AM ET
• FOUR LEVERS ON THE TABLE — STRATEGY PULLED THE ONE THAT COSTS YOU. THE COINS DIDN’T MOVE. THE SHARE COUNT DID.
  Capitalist ·
• METAPLANET SECURITIES DAY 1 — JAPAN’S BITCOIN-NATIVE RETAIL RAIL GOES LIVE. GEROVICH: “THE FOUNDATION OF THE NEXT GENERATION OF FINANCIAL ECOSYSTEMS.” THE SAYLOR PLAYBOOK GROWS A DISTRIBUTION DIMENSION.
  Capitalist · Sun Jul 12
• THE BUYER OF LAST RESORT IS SUDDENLY VERY INTERESTED IN DOLLARS — @SAYLOR AMPLIFIES THE $3B USD RESERVE READ. DIVIDEND COVERAGE IS THE CAP-STRUCTURE POSTURE.
  Capitalist · Mon Jul 13
• STRATEGY LAUNCHES BITCOIN BANKING ADOPTION INDEX — 32% STILL EARLY, SAYS SAYLOR. THE TREASURY BUILDS THE MEASURING STICK IT WILL BE MEASURED AGAINST.
  Capitalist · Mon Jul 13
• STRIVE OWNS 505K SHARES OF SAYLOR’S PREFERRED — THE COUPON STRATEGY JUST DILUTED $466M IN COMMON TO PAY. THE TREASURY CLASS FINANCES ITSELF.
  Capitalist · Mon Jul 13
• MSTR IS AMPLIFIED BITCOIN — 100% BTC RUNS 130% MSTR. YOU CAN’T BE LONG BTC AND SHORT THE TREASURY.
  Capitalist · Thu Jul 9
• RED CARPET FOR SPACEX — NASDAQ-100 FAST-TRACKS THE ENTRY, 18,712 BTC GOES INDEX-WRAPPED BY RULE.
  Capitalist · Mon Jul 7
• STRC GOES GLOBAL — BINANCE LISTS THE 12% PREFERRED SAME DAY AS THE RECORD BTC SALE. 300M NEW ADDRESSABLE HOLDERS FOR SAYLOR’S DIGITAL CREDIT. THE TREASURY JUST EXPANDED.
  Capitalist · Mon Jul 6
• MARKET INOCULATED IN FOUR HOURS — STRC $87.79 → $90.60. BTC +5%. THE WYCKOFF SPRING CONFIRMED IN A SINGLE SESSION. THE FRAMEWORK MATURED IN REAL TIME.
  Capitalist · Mon Jul 6
• STRIVE ADDS 17.76 BTC IN THE STRATEGY-SALE WINDOW — THE TREASURY GENERALIZES. COLE HOLDS THE MONDAY CADENCE WHILE SAYLOR HOLDS THE SELL BUTTON. TWO PLAYBOOKS, ONE FRAMEWORK.
  Capitalist · Mon Jul 6
• SAYLOR AUTHORIZES SELLING BITCOIN — $1.25B MONETIZATION PROGRAM, STRC DIVIDEND UNCHAINED FROM PAR, ZERO COINS BOUGHT THIS WEEK. THE FORCED-SELLER JIBE IS NOW OFFICIAL POLICY — ON HIS TERMS.
  Capitalist · Mon Jun 29
• METAPLANET BUYS THE BROKER — “PROJECT NOVA” LIGHTS UP TOKYO RETAIL. BTC-LINKED BONDS FOR 250,000 JAPANESE INVESTORS. STRATEGY’S DEFENSE; METAPLANET’S OFFENSE.
  Capitalist · Fri Jun 12
• SPACEX FAST-TRACKS NDX — $2T IPO, $8-12B FORCED PASSIVE INTO QQQ JULY 6. 18,712 BTC ON THE BALANCE SHEET (~0.07%). THE TREASURY CLASS BIFURCATES: STRATEGY STRESS-TESTED ON HIGH CONVICTION, MUSK INSTITUTIONALIZED ON LOW ALLOCATION.
  Capitalist · Fri Jun 26
• SAYLOR TEASES MORE BTC — MSTR AT 2-YEAR LOW, STRC 25% UNDER PAR, mNAV STILL UNDERWATER.
  Capitalist · Sun Jun 28
• GRANTHAM ON SQUAWK BOX — “BITCOIN WILL DWINDLE AWAY WITH A WHIMPER. ALL IT DOES IS ALLOW FRAUDSTERS TO MOVE MONEY AROUND.” KERNEN PUSHED BACK ON THE FRAMING IN REAL TIME. THE COUNTER-VOICE COULDN’T HOLD THE 9 AM CHAIR.
  Capitalist · Fri Jun 26
• $1.5 BILLION REKT, 218,000 TRADERS FLUSHED — 86% LONGS GONE, BTC HITS YEAR LOW $58,121. SAYLOR DOESN’T GET MARGIN-CALLED. SPOT DOESN’T GET LIQUIDATED. THE FORTRESS HELD.
  Capitalist · Thu Jun 25
• PREFERRED BREAKS PAR — STRC SINKS TO $73.62 (RECORD LOW, 26% UNDER) AS SAYLOR PREACHES DISCIPLINE INTO THE FLUSH. THE CAPITALIST READS THE PREFERRED, NOT THE HEADLINE.
  Capitalist · Fri Jun 26
• STRC $71 INTRADAY (RECORD LOW) — SAYLOR BREAKS SILENCE: “VOLATILITY TESTS EVERY CAPITAL STRUCTURE.” CARTER CALLS THE STRUCTURE “UNSUSTAINABLE,” 8TH HIKE LIKELY.
  Capitalist · Fri Jun 26
• DIGITAL CREDIT GOES MULTI-ISSUER — COLE ON BLOOMBERG TV: “WE’RE GOING TO LIKELY SEE SEVERAL NEW ISSUERS OF DIGITAL CREDIT INSTRUMENTS.” THE TREASURY CLASS COMPOUNDS BEYOND STRATEGY.
  Capitalist · Wed Jun 24
• STRATEGY’S OWN PLAYBOOK NAMED THIS WEEK — AUG 2025 SEC FILING WROTE THE SUB-1X ESCAPE HATCH ON THE SAME PAGE AS THE TRAP.
  Capitalist · Wed Jun 24
• BLACKROCK BLESSES THE TRADE — ONE TO TWO PERCENT BITCOIN, EVERY INSTITUTIONAL PORTFOLIO. SPOT EXPOSURE, FORMAL ALLOCATION. THE HARDEST MONEY INVITED IN.
  Capitalist · Wed Jun 24
• THE INDEX, NOT THE BITCOIN — KRUEGER: MSTR PRESSURE IS HOLDER SELLING UNDER INDEX MECHANICS, NOT STRATEGY FORCED TO SELL BTC.
  Capitalist · Tue Jun 23
• STRATEGY ISN’T TERRA — BENCHMARK CALLS THE LUNA COMPARISON A STRETCH, AND THE CAP STRUCTURE AGREES.
  Capitalist · Mon Jun 22
• ADVISORS QUEUE THE TRADE — EDELMAN: INSTITUTIONS LINE UP FIRST-TIME BITCOIN ALLOCATIONS WHILE THE ETFS BLEED.
  Capitalist · Mon Jun 22
• $300M INTO USD, $35M INTO BTC — STRATEGY PUTS STRC DIVIDEND COVER FIRST. 520 BTC ADDED.
  Capitalist · Mon Jun 22
• PRESIDENT BUYS THE PEG — PHONG LE TAKES $1M STRC, “WILL HOLD UNTIL PAR, LIKELY LONGER.”
  Capitalist · Mon Jun 22
• THE CAPITALIST TIER COORDINATES — 520 BTC (STRATEGY) + 759 BTC (STRIVE) = 1,279 IN ONE MONDAY.
  Capitalist · Mon Jun 22