Let's bring in Canacord Genuity managing director, equity research analyst, Joseph Vafi. Joe, great to have you with us. >> Um, so thanks Melissa.>> The stock has been up more than Bitcoin itself. Um, so how do you how do you make heads or tails of the stock in the move. Well, I think Melissa, you the best way to to look at Micro Strategy is you've got an operating company balance sheet that can take advantage of equity and debt to be able to opportunistically buy Bitcoin.And the the company embarked on the ...

Bitcoin Acquisition - Metaplanet's Bitcoin holdings have increased to 13,350 [1] - The company is issuing $208 million in ordinary bonds to further its Bitcoin acquisition strategy [1] Financial Strategy - Metaplanet, a Tokyo-listed hotelier, is using bonds to fund its Bitcoin investments [1]

Company Overview - Thumzup Media Corporation is focused on democratizing the multi-billion dollar social media branding and marketing industry through its Thumzup platform, which allows users to earn cash for posting about advertisers on social media [3] Capital Strategy - Thumzup has filed a shelf registration statement to raise up to $500 million for working capital and to accelerate its Bitcoin acquisition strategy [1] - The company currently holds 19.106 BTC, valued at approximately $2.0 million as of May 12, 2025 [1][2] - The Board of Directors has authorized Thumzup to hold up to 90% of its liquid assets in Bitcoin under its BTC Reserve Strategy [1][2] Partnership with Coinbase - Thumzup has established a Bitcoin-backed credit facility with Coinbase Prime to access non-dilutive capital [1] - The CEO of Thumzup highlighted the significance of Coinbase's addition to the S&P 500 as a milestone for the crypto industry and emphasized the strategic relationship with Coinbase [2] Strategic Positioning - The company believes it is optimally positioned to accelerate its Bitcoin acquisition strategy and create significant shareholder value due to its clean capital structure [2]