According to @QCompounding, Warren Buffett estimates intrinsic value by prioritizing owner’s earnings over GAAP EPS to capture the cash that can actually be distributed to shareholders, a metric that drives more reliable valuation decisions for traders, source: @QCompounding on X, Jan 10, 2026; source: Berkshire Hathaway 1986 Shareholder Letter. Owner’s earnings are calculated as net income plus non-cash charges minus average maintenance capital expenditures and required working-capital investments, which traders can convert into an owner’s earnings yield by dividing by market cap or enterprise value to screen for undervaluation, source: Berkshire Hathaway 1986 Shareholder Letter; source: Aswath Damodaran, NYU Stern, Corporate Finance notes on FCFF and cash flow yields. This cash-based lens is particularly useful for crypto-exposed equities where GAAP can be noisy, such as bitcoin miners with heavy depreciation and capex and MicroStrategy with digital-asset accounting impacts, so emphasizing maintenance capex and working-capital adjustments improves signal quality, source: Marathon Digital Holdings 2023 Form 10-K on mining capex and depreciation; source: MicroStrategy 2023 Form 10-K on digital asset accounting; source: Berkshire Hathaway 1986 Shareholder Letter. For trading, rank names like Coinbase COIN, MicroStrategy MSTR, and major miners by owner’s earnings yield versus sector WACC to identify potential long or short candidates, and track inflections in maintenance capex and working-capital turns around crypto-volatility driven volume cycles, source: Aswath Damodaran, NYU Stern, cost of capital and FCFF framework; source: Coinbase 2023 Form 10-K on revenue sensitivity to crypto price and volatility.

According to @StockMKTNewz on Jan 5, 2026, Michael Saylor and MSTR had a 17.44 billion unrealized loss in Q4 driven by Bitcoin’s performance during the quarter (source: @StockMKTNewz). According to @StockMKTNewz, MSTR is currently trading around 1x mNAV, indicating pricing near its implied net asset value (source: @StockMKTNewz).

According to @EmberCN, Bitcoin treasury company @Strategy (MSTR) purchased 1,287 BTC last week at about $90,316, totaling roughly $116 million. According to @EmberCN, @Strategy (MSTR) now holds 673,783 BTC valued at $62.527 billion with an average cost basis of $75,026 and an unrealized profit of $11.975 billion. According to @EmberCN, Ethereum treasury company @BitMNR (BMNR) bought 32,977 ETH last week at about $2,963, totaling about $97.71 million. According to @EmberCN, @BitMNR (BMNR) now holds 4,143,502 ETH valued at $13.039 billion with an average cost basis of $3,867 and an unrealized loss of $2.983 billion.

According to Michael Saylor, Strategy acquired 1,287 BTC, lifting its Bitcoin reserve to 673,783 BTC. Source: Michael Saylor on X, Jan 5, 2026; Strategy press release on strategy.com, Jan 5, 2026. The company also increased its USD reserve by 62 million dollars to 2.25 billion dollars. Source: Michael Saylor on X, Jan 5, 2026; Strategy press release on strategy.com, Jan 5, 2026. The update referenced ticker MSTR, relevant for traders tracking equity exposure to BTC via corporate treasury holdings. Source: Michael Saylor on X, Jan 5, 2026.

According to @StockMKTNewz, BMNR tied to Tom Lee is expected to announce how much ETH it bought over the past week early Monday, with the last couple of BMNR press releases released around 8:30 AM ET on Monday mornings. Source: @StockMKTNewz on X, Jan 4, 2026. According to @StockMKTNewz, Michael Saylor and MSTR are expected to announce how much BTC they bought over the past week early Monday, with the last couple of MSTR press releases issued exactly at 8:00 AM ET on Monday mornings. Source: @StockMKTNewz on X, Jan 4, 2026.

According to @saylor, Bitcoin makes MSTR liquid, explicitly tying the stock’s perceived liquidity to BTC in a headline-style post (source: @saylor, X, Jan 2, 2026). The post offers no quantitative metrics or additional disclosures beyond the claim and an image, limiting immediate data-driven interpretation while still spotlighting the BTC-MSTR relationship for market watchers (source: @saylor, X, Jan 2, 2026).

According to CoinMarketCap, MicroStrategy (MSTR) shares have fallen for six consecutive months—the first such streak since the company adopted Bitcoin (BTC) as a treasury asset in August 2020—and are down 49% over the past year, source: CoinMarketCap on X, Jan 2, 2026. This is relevant for crypto-exposed equity traders because MicroStrategy formally adopted a Bitcoin treasury strategy in August 2020, source: MicroStrategy press release, Aug 11, 2020, and has disclosed that its stock price has been significantly affected by the market price of Bitcoin, source: MicroStrategy 2023 Form 10-K Risk Factors.

According to @BullTheoryio, MicroStrategy’s MSTR has fallen 66% from $457 to $152 over the last six months as BTC declined from $126,000 to $87,000. According to @BullTheoryio, nearly $90 billion tied to the company’s Bitcoin strategy market cap has been erased. According to @BullTheoryio, heavy share dilution and an index delisting are cited as key drivers of the selloff.

According to @KobeissiLetter, MicroStrategy MSTR set a new 52-week low at 153.52 and is down nearly 50 percent in 2025, source: @KobeissiLetter. MicroStrategy adopted Bitcoin as its primary treasury reserve asset and discloses its equity is materially affected by Bitcoin price volatility, making MSTR a commonly used BTC proxy among traders, source: MicroStrategy press release August 11 2020 and MicroStrategy 2023 Form 10-K risk factors. Academic research documents that momentum strategies respond to price trends and that 52-week reference prices are widely used in trading, underscoring the relevance of a 52-week low break as a technical signal, source: Jegadeesh and Titman 1993 and George and Hwang 2004. For crypto market context, Bitcoin price moves and spot ETF flows are tracked when assessing MSTR because the company highlights BTC price sensitivity and US spot Bitcoin ETFs were approved in 2024, source: MicroStrategy 2023 Form 10-K risk factors and US SEC order January 10 2024.

According to @KobeissiLetter, MicroStrategy (MSTR) is falling toward a new 52-week low and is on track to finish 2025 down 48%, signaling heightened downside momentum into year-end. Source: The Kobeissi Letter, Dec 31, 2025. MicroStrategy holds Bitcoin as its primary treasury reserve asset, making MSTR a widely used equity proxy for Bitcoin (BTC) sentiment among traders. Source: MicroStrategy Investor Relations, Corporate Bitcoin Strategy overview. Approaching a 52-week low places MSTR at a widely tracked reference point used in momentum and breakout strategies, increasing short-term trading focus. Source: George and Hwang, Journal of Finance, 2004.

According to @santimentfeed, Monday’s fastest-rising social narratives cluster around BTC, precious metals, and creator coins, pointing to elevated intraday volatility across majors and altcoins. According to @santimentfeed, momentum is centering on the $learing token after Nick Shirley’s fraud exposé headlines, with ongoing FBI and DHS investigations adding headline risk for momentum traders and thin-liquidity tokens. According to @santimentfeed, MicroStrategy (MSTR) purchased 1,229 BTC for about $108.8M via stock-funded issuance, reinforcing a perceived rotation from gold and silver into Bitcoin and strengthening the corporate bid on BTC dips. According to @santimentfeed, sharp profit-taking in gold and silver alongside altcoin outperformance is shaping risk appetite, while Fed minutes and reported China silver export restrictions are flagged as week-ahead volatility catalysts likely to influence BTC dominance and altcoin beta. According to @santimentfeed, a Base-led creator coin push via Zora backed by Coinbase figures coincides with over $585M in token unlocks this week across SUI, KMNO, and ZORA, creating event-driven supply overhang and potential price pressure around unlock windows. According to @santimentfeed, late-night U.S. session manipulation narratives tied to silver moves and repeated Bitcoin mining FUD posts have intensified debate, a setup that historically aligns with wider ranges and liquidity gaps in BTC. According to @santimentfeed, traders are monitoring social momentum spikes, corporate BTC purchases, token unlock calendars, and macro headlines to position around anticipated volatility.

According to @santimentfeed, MicroStrategy’s stock-funded purchase of 1,229 BTC for $108.8M signals a rotation from precious metals toward Bitcoin, a flow shift that could support BTC sentiment during metals weakness, per @santimentfeed. According to @santimentfeed, gold and silver fell on profit-taking after a sharp silver spike above $80/oz, with altcoins outperforming and risk appetite tilting toward crypto, per @santimentfeed. According to @santimentfeed, roughly $585M of weekly token unlocks (including SUI, KMNO, and ZORA) may add supply-driven volatility and set up event-led trades across Base and broader altcoins, per @santimentfeed. According to @santimentfeed, social momentum around the $learing token linked to creator coverage has driven outsized gains, highlighting memecoin liquidity risks and the need for disciplined entries/exits in micro-caps, per @santimentfeed. According to @santimentfeed, Coinbase-supported Base and builders like Jesse Pollak are pushing creator coins via Zora, potentially redirecting volumes to Base ecosystem tokens if user activity accelerates, per @santimentfeed. According to @santimentfeed, repeated late-night BTC mining FUD posts and market-manipulation accusations coincide with metals volatility, adding headline risk for BTC and miners during U.S. sessions, per @santimentfeed. According to @santimentfeed, upcoming catalysts such as FOMC minutes and potential changes tied to China’s silver export restrictions are flagged as key cross-asset volatility drivers that crypto traders should monitor, per @santimentfeed.

According to @EmberCN, Bitcoin treasury company @Strategy (MSTR) bought 1,229 BTC last week at about $88,568 for roughly $108 million (source: @EmberCN on X, Dec 29, 2025). They now hold 672,497 BTC valued at $58.776 billion with an average cost of $74,997 and an unrealized profit of $8.341 billion (source: @EmberCN on X, Dec 29, 2025). According to @EmberCN, Ethereum treasury company @BitMNR (BMNR) bought 44,463 ETH last week at about $2,982 totaling roughly $132 million (source: @EmberCN on X, Dec 29, 2025). They now hold 4,110,525 ETH valued at $12.023 billion with an average cost of $3,874 and an unrealized loss of $3.9 billion (source: @EmberCN on X, Dec 29, 2025).

According to @OnchainLens, Strategy (previously MicroStrategy) purchased 1,229 BTC for $108.8M at an average price of $88,568 per BTC, as posted on X on Dec 29, 2025 (source: https://twitter.com/OnchainLens/status/2005626298450993242). @OnchainLens reports the company now holds 672,497 BTC acquired for approximately $50.44B, implying an average cost basis of $74,997 per BTC (source: https://twitter.com/OnchainLens/status/2005626298450993242). Based on @OnchainLens figures, the latest tranche was bought about 18.1% above the company’s stated average cost and lifted total holdings by roughly 0.18%, metrics traders can reference when tracking corporate BTC accumulation flows (source: https://twitter.com/OnchainLens/status/2005626298450993242).

According to @saylor, Strategy acquired 1,229 BTC for approximately $108.8 million at an average price of $88,568 per BTC and reports a 23.2% BTC Yield year-to-date for 2025, source: @saylor. As of 12/28/2025, total holdings stand at 672,497 BTC acquired for roughly $50.44 billion with a stated cost basis of $74,997 per BTC, source: @saylor. Referenced tickers in the update are MSTR, STRC, STRK, STRF, STRD, and STRE, source: @saylor.

According to @StockMKTNewz, Tom Lee and $BMNR are expected to announce how much Ethereum (ETH) they bought last week early Monday, with recent BMNR press releases going out around 8:30 AM ET on Mondays, while Michael Saylor and $MSTR are expected to announce last week’s Bitcoin (BTC) purchases early Monday, with recent MSTR releases exactly at 8:00 AM ET on Mondays; traders tracking ETH, BTC, MSTR, and BMNR can monitor these specific windows for potential headlines. Source: @StockMKTNewz on X, Dec 28, 2025

According to @QCompounding, a PDF focused on financial ratios and formulas was shared on X to help investors learn core metrics used in analysis and decision-making; source: @QCompounding on X (Dec 24, 2025). Traders can leverage ratio-based frameworks to build disciplined stock screeners across value, quality, profitability, leverage, and liquidity to improve comparability and risk control; source: CFA Institute, Financial Statement Analysis curriculum. For crypto-linked equities such as Coinbase (COIN) and MicroStrategy (MSTR), investors commonly compute standard ratios directly from SEC filings to assess profitability, balance-sheet leverage, and liquidity before trading; source: U.S. SEC EDGAR filings for Coinbase Global, Inc. (COIN) and MicroStrategy Incorporated (MSTR). Using consistent, well-defined ratio formulas is essential for reliable cross-company and time-series analysis, enabling repeatable trading decisions; source: CFA Institute, Financial Statement Analysis curriculum.

According to @santimentfeed, crypto crowd sentiment has turned increasingly negative on MicroStrategy and Michael Saylor into late 2025, and Santiment’s latest insight frames this capitulation as a contrarian setup that may precede a near-term crypto price bounce. Source: Santiment (@santimentfeed) on X, Dec 24, 2025; app.santiment.net/insights/read/deep-dive-are-microstrategy-memes-a-hidden-bottom-indicator-for-crypto-10381 For traders, Santiment’s signal implies watching for a relief rally in BTC when social negativity peaks and begins to mean-revert, using Santiment’s sentiment dashboards as confirmation of a potential hidden bottom indicator. Source: Santiment (@santimentfeed) on X, Dec 24, 2025; app.santiment.net/insights/read/deep-dive-are-microstrategy-memes-a-hidden-bottom-indicator-for-crypto-10381 Given Santiment presents the setup as a contrarian probability rather than a guarantee, maintaining disciplined risk controls while tracking sentiment inflection is advisable before committing to bullish exposure. Source: Santiment (@santimentfeed) on X, Dec 24, 2025; app.santiment.net/insights/read/deep-dive-are-microstrategy-memes-a-hidden-bottom-indicator-for-crypto-10381

According to @BitMEXResearch, BitcoinTreasuries.NET reported that MicroStrategy (MSTR) increased its US dollar reserves to $2.19 billion to pay dividends on preferred stock; source: BitMEX Research on X citing BitcoinTreasuries.NET, Dec 22, 2025. For traders, this highlights MicroStrategy’s USD cash position as a watch item alongside its BTC exposure when assessing MSTR liquidity and volatility; source: BitMEX Research on X citing BitcoinTreasuries.NET, Dec 22, 2025. Key watchpoints include MSTR intraday reaction to the $2.19B reserve headline and any follow-up disclosures specifying dividend payment schedules; source: BitMEX Research on X citing BitcoinTreasuries.NET, Dec 22, 2025.

According to André Dragosch, Michael Saylor’s update significantly mitigates the risk that the market will revisit the $MSTR cost basis around 75k because it makes any $BTC sales even less likely, as stated in his post on X. According to Michael Saylor on X and a Strategy press release, Strategy increased its USD reserve by $748 million to $2.19 billion and holds 671,268 BTC. According to André Dragosch, traders can treat the $75k zone as firmer support and see reduced near-term downside tail risk for BTC due to lower expected selling pressure.