MicroStrategy (MSTR) & Bitcoin Correlation - MSTR's options market exhibits a 93% open interest relative to its market cap, indicating high leverage and directional conviction [1] - The derivatives market surrounding MSTR is nearly as large as its equity float, suggesting it's used as a Bitcoin beta proxy [4] - MSTR is perceived as a Bitcoin call option wrapped in equity, reflecting market belief in MSTR's Bitcoin strategy compounding faster than Bitcoin itself [6][7] - MSTR is characterized as the first institutional memecoin, built on belief, SEC compliance, and leveraged treasury exposure [8][9] Market Dynamics & Reflexivity - The options market surrounding MSTR is not just healthy but exhibits pathological reflexivity, driven by leveraged directional belief formation [3] - MSTR has become a weaponized belief vehicle, with options traders using it as a proxy war over Bitcoin's narrative [4] - The market believes that MSTR's belief in Bitcoin will compound faster than Bitcoin itself, representing reflexivity squared [7][8] - The options market has become a hyperactive echo chamber of this belief [9] Risk & Reward - If Bitcoin ignites further, MSTR becomes the amplifier; if Bitcoin stalls or crashes, MSTR becomes the sacrificial lamb [11] - MSTR's options market depth signifies a loaded reflexive coil, implying amplified gains or losses based on Bitcoin's performance [11] - MSTR is possessed by the Bitcoin narrative, which, in a world governed by narrative liquidity, might be valuable [13]

Which company has the healthiest options market in the world? https://t.co/HA3G58iWcJ ...

Cryptocurrency & Treasury Strategy - A Bitcoin Treasury Company 需要 Bitcoin 原则 [1]

RT H100 (@H100Group)H100 Group ($H100, $GS9) becomes the largest publicly listed Bitcoin treasury company in the Nordic region🇸🇪🚀We have purchased an additional 60.6 BTC at an average price of SEK 1,114,588 per BTC.Total BTC holdings: 763.2 BTCAs of 1 June 2025, the Company held 6.2 BTC. In just over two months, H100 has increased its Bitcoin holdings by more than 12,200%, reaching a total of 763.2 BTC. Over the same period, thefully diluted share count increased by approximately 159%. The growth in Bitcoin ...

RT Gemini (@Gemini)By popular demand, Gemini Credit Card holders can now swap their current card for the orange bitcoin credit card at no extra cost.Offer ends August 31st https://t.co/qWbN3DgKGh ...

Treasury Asset Allocation - The company holds 7 basis points (bps), equivalent to 0.07%, of its treasury assets in fiat currency [1]

Cryptocurrency Market Sentiment - The cryptocurrency industry suggests holding onto Bitcoin [1]

$STRC metrics are now live on https://t.co/uGbtzwJCF2. https://t.co/9OiPhlMPwR ...

RT The Hurdle Rate Podcast (@HurdleRatePod)Welcome back to The Bitcoin Treasuries Podcast.Episode 21: The Intelligent Leverage Trade: Winter Isn't Coming Back.The crew is back with the latest on the @Strategy earnings call recap, ATM adjustment, Bitcoin per share, leverage ratios and more.Here's the Hurdle Rate for the week of August 4, 2025 with @BenWerkman, @ColeMacro, @PunterJeff and @TimKotzman.0:00 - Welcome Back to The Hurdle Rate1:34 - Recapping MSTR Earnings Call9:49 - Strategy’s ATM Adjustment21:00 ...

Bitcoin Holdings - Top 100 public companies collectively hold 955,526 BTC [1] - 20 companies increased their Bitcoin holdings in the last 7 days [1]