The impossible trinity states that only two of the following can coexist: free capital flows, exchange-rate stability, & interest rate control—this structural constraint defines the design space for any monetary-like asset or capital instrument in global markets. $MSTR

$STRC

Voluntary Disclosure Notice: No stock acquisition rights were exercised from Tuesday to Friday last week; exercise status remains unchanged since the previous disclosure.

$STRF $STRC $STRK $STRD $BTC $MSTR

Money market funds is a big market…

$MSTR Variable-Rate Preferred Offering $STRC "Stretch" Targeting Money Market Funds, Aiming for Fixed $99-$101 price range for $STRC w/ monthly dividends. ATM Selling Above $101, No Selling + Increasing Dividend Below $99.

$MSTR Debuts $STRC: $500M Variable-Rate Perpetual Preferred $100 par, 9% initial yield, monthly variable dividend w/ SOFR floor & 25bps max cut, ratcheting liquidation preference (greater of par, 10-day VWAP, or last trade).

Strategy is offering $STRC (“Stretch”), a new Perpetual Preferred Stock via IPO, to select investors. $MSTR

The Bitcoin Realised Cap just hit $1 Trillion This is the ultimate metric for adoption, as it captures the wealth and capital saved in BTC. An absolutely massive milestone.

JUST IN: 🇺🇸 President Trump is preparing to open the $9 trillion US retirement market to Bitcoin & crypto investments — Financial Times