*A HIGH-LEVEL TRUMP ADMINISTRATION OFFICIAL INFORMED IRAN ON SUNDAY OF THE IMPENDING U.S. OPERATION TO "GUIDE" SHIPS THROUGH THE STRAIT OF HORMUZ AND WARNED TEHRAN NOT TO INTERFERE: AXIOS

*SOME U.S. AND ISRAELI OFFICIALS BELIEVE PRESIDENT TRUMP COULD GIVE AN ORDER TO RESUME THE WAR LATER THIS WEEK IF THE DIPLOMATIC STALEMATE CONTINUES: AXIOS

not the first time this view has been shared

lads we’re gonna make it

this type of schizo markets and volatility is a norm for us

speaking of which, ik some crypto friends that are killing it in equities rn with the same skill set

hammer time

Strategy Q1 2026 Results: $12.54 billion Net Loss Amid $14.46 billion Unrealized Bitcoin Loss

Strategy Inc reported a net loss of approximately $12.54 billion for the first quarter of 2026, primarily due to a $14.46 billion unrealized loss on its bitcoin holdings following a decline in bitcoin prices. As of May 3, the company held approximately 818,334 BTC, up 22% year-to-date, with an average purchase price of about $75,537 per bitcoin. The carrying value of its digital assets was approximately $61.81 billion. — link

SAYLOR: WE WILL PROBABLY SELL SOME BITCOIN TO PAY A DIVIDEND JUST TO INOCULATE THE MARKET JUST TO SEND THE MESSAGE THAT WE DID IT

Trump: we have mutually agreed that, while the Blockade will remain in full force and effect, Project Freedom (The Movement of Ships through the Strait of Hormuz) will be paused for a short period of time to see whether or not the Agreement can be finalized and signed.

banger zec long from low 300s

i TPed early before the true parabola but no regrets regardless

big win for many

this hantavirus is getting a bit scary

oil crisis + new virus is probably enough to get us into a lockdown again if it worsens

edit: i barely read up on hantavirus, just based off recent progressions

https://x.com/sporadica/status/2051744233548402849?s=20

On the topic of $MSTR selling $BTC:

- First, it's nothing new, they have been signaling for months now that selling BTC to fund dividends was an option. It was already the case on the last earnings call

- It's true though that they looked even more open to this idea on yesterday's earnings call. What's also new is that they explained for the first time that the theoretical threshold to choose selling BTC over MSTR to fund dividends was not 1x mNAV but 1.22x. That's a pretty big statement because it sort of forces them to stick to their word and sell BTC below that level (instead of selling MSTR shares).

- I think they want to get rid of the "If they sell a single BTC, it's over for them" narrative. They will sell some BTC, everyone will realize that nothing happens, and all the people who were parroting this stupid statement will be proven wrong once again.

- Maybe the most important thing to realize is that they "only" have to pay $125M in dividends per month. Selling $125 M worth of BTC per month has basically zero impact on the price. And even you think that "it's about the narrative impact", then let me remind you that they are *already* selling $125 M a month of a close derivative of BTC, which is the MSTR common stock.

- What they were also signaling yesterday, is that they want to see mNAV go up again. To be honest, this reminds me of the time when they said they wouldn't sell MSTR shares below 2.5x mNAV, these were the guidelines that they never respected, so take all of their plans with a grain of salt.

- Stating that they are likely to sell BTC increases optionality for Strategy, and that's imo a good thing. Another positive consequence is that for the first time, we are seeing a path where the BTC stack of MSTR doesn't only go up. For the people who are scared about Saylor holding too much BTC for the asset to remain "decentralized", this should be viewed positively.