Jack Mallers went viral this week for asking @Saylor to define mNAV at @BTCPrague.
This after @Strategy sold bitcoin:native for the first time since launching STRC, STRD, STRK & STRF.
@jackmallers explains why he has questions around the juggernaut that Strategy has become.
Jack joined me on The Starting Block for a wide ranging conversation on Bitcoin and Treasury companies.
"They need to communicate to the market that it's not never sell, it's buy more than you sell."
| @TheBlockCo @TheBlockPods @Strike @twentyone |
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๐ฅ STRD Burn Update ๐ฅ
6,720 STRD burned today
55,555,438 STRD burned in total
2.7M STRD being burned yearly
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Bimonthly dividends would eliminate a lot of the problem here. This is because on every QUARTERLY dividend date, everyone rotates out of STRC and rotates into STRD, STRF and STRK. Same exact thing happened in December.
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Meanwhile STRD, STRF and STRK are all up. Why is this? Because all 3 of them were paying their QUARTERLY dividend on the same date, making STRC are stupid thing to hold onto when you can just rotate to these 3 instead. After quarterly dividends pay out, capital rotates back.
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11h
They are apples and oranges. Thatโs what you are missing. I own BTC in cold storage (bulk of my investments). Plus MSTR. STRC. STRD. They are all different and serve different purposes. They do not compete. Do you want an apple, an orange or a banana? Sometimes I want all three.
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There are many bastard pigs who fefend this b#stard. U don't know how sick many people have become. Look at alll tbose b#strd fuckers laughing in the audience including girls.. ye saale kuttey bhavishya hain hamare desh ka..
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$IBIT has recorded -$412.4 million in net outflows YTD.
Meanwhile, Strategy has increased its Bitcoin holdings by 172,756 BTC YTD.
Strategy is also outperforming IBIT YTD.
There is no second best BTC stock proxy. ๐๐
$MSTR $STRK $STRF $STRD $STRC $STRE $BTC
Bitcoin ETF outflows are accelerating:
US Bitcoin ETFs have posted -$2.1 billion in outflows so far in June, on pace to exceed -$2.4 billion in outflows recorded in May.
This has been driven by the largest spot Bitcoin ETF, $IBIT, which saw -$401.4 million in outflows this week, the 5th consecutive weekly outflow and the longest streak since October 2025.
During this outflow stretch, $IBIT has recorded -$4.2 billion in cumulative withdrawals.
Year-to-date, $IBIT has recorded -$412.4 million in net outflows, a reversal from 2 consecutive years of massive inflows.
In 2024 and 2025, this fund attracted $36.8 billion and $24.8 billion, respectively.
Crypto investor sentiment remains under pressure.
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B@strd, Bangladeshis cant think more than that, he is a high Commissioner he clearly stated this for democracy, tech and all. He doesnt make that for akhand bharat
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The major issue is that buying STRC makes no sense on this ex-dividend date specifically. Why? Because you can just do literally the same thing on STRD, STRF or STRK and capture the QUARTERLY dividend which has the same exact ex-dividend date.
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Who the fck is he?? ๐ก
๐ฏ a Paki !!
He can c*m on all over his mother for all we care. Fckng b@strd!!
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Oh that is odd!
I never checked STRD/F/K to compare, but they are the ones that should be suffering in a BTC drawdown, not STRC.
Looks like somebody is playing games...
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๐ฅ STRD Burn Update ๐ฅ
7,339 STRD burned today
55,548,719 STRD burned in total
2.8M STRD being burned yearly
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Jun 13
STRC pays 0.96 monthly dividend today (and its down)
STRD pays 2.50 quarterly dividend today (and its up)
STRF pays 2.00 quarterly dividend today (and its up)
STRK pays 2.50 quarterly dividend today (and its up)
Seeing a pattern?
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If I just want dividends i'd buy STRD this week then move into SATA on Monday.
Strategy is going to have to increase the dividend and figure out how to move to at least weekly to make STRC more attractive.
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Jun 13
start diluting share count of STRD STRK STRF no one cares about these and buy back shares of common so share price can actually go up fucking ridiculous already
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