Strategy might be undervalued because it holds far more Bitcoin than the first time its stock traded at the same price. At $140.51 today, it holds 848,517 BTC, versus 193,000 BTC the first time shares reached $140.51. x.com  x.com 

Strategy is undervalued because Bitcoin is here to stay regardless of price swings, and the stock resembles closed-end funds that fell 90% in the 1929 crash yet made patient buyers' families rich. Peter Schiff notes its $29.54B market cap sits below its roughly $50B of Bitcoin holdings. x.com 

Strategy needs a solid bid to preserve the premium that funds its bitcoin purchases. MSCI's new rules could eject it from global indexes and force passive selling; JPMorgan estimates $2.8 billion in Strategy share sales if that happens, or up to $8.8 billion if others follow. Without the premium, it cannot raise funds to buy bitcoin. Watch whether the rules bite on November 30. x.com 

Daily STRC dividends advance Strategy's Bitcoin financing machine. Shareholders approved the payments, and Strategy's Bitcoin printer is unstoppable. x.com 

Heavy inflows could lift Strive's mNAV above Strategy's for periods because they have more impact on the smaller company. Strive could do even better than 6x versus Strategy's 4x, as investors seek the faster Bitcoin treasury stock. x.com  x.com  x.com 

Strategy is a scam, though a brilliantly executed one, built on bitcoin, which is itself a liquidity decoy. Michael Saylor sold about $496M of MSTR under an equity compensation plan ending in April 2024, around the SEC's Grayscale approval, effectively dumping bitcoin on the masses near $60K. He does not care about "never sell"; he ran a pump and dump in the 1998-2000 bubble and was fined for accounting fraud, but this time is fully legally covered. x.com  x.com  x.com  x.com  x.com  x.com 

Strategy's accretive Bitcoin accumulation has raised net backing per share, lowering the premium needed to revisit its $543 intraday high. At $98,000 Bitcoin, backing rose from $127 to $160 since November 2024, cutting the required net mNAV from 4.3x to 3.4x. A 2.5x premium at $200,000-$250,000 Bitcoin would imply roughly $896-$1,131; 2.5x is plausible at peak euphoria, not expected at $126,000. Premiums depend on Bitcoin momentum and sentiment, which Strategy cannot control. x.com  x.com 

Strategy is a buy because bitcoin will rally, with $80K set to crack soon. Strategy now owns more bitcoin than it did in May. x.com 

The loss of forced ETF buying increases the likelihood Strategy will trade at a discount to the value of its bitcoin holdings. WatcherGuru reports MSCI plans to remove Strategy from its indexes. x.com  x.com 

Strategy is building kinetic energy by using its STRC preferred as gunpowder to corner the marginal demand for scarce bitcoin, and it seems to be working. The divergence between MSTR and bitcoin since STRC launched on July 30, 2025, highlighted in a post the author replies to, is no surprise: the two securities will never move linearly or in tandem. x.com