Strategy is one of the higher weights in the Bitcoin Capitalist portfolio at 15% – now that we’re transitioning over to The Sovereign Capitalist, it’s entirely possible, if not likely, that we reduce that weighting.
I’ve had a few members asking me if our MSTR thesis is still intact, remember our mantra when it comes to drawdowns.
Given the events over the past few weeks, I wanted to put out a special report to answer this exact question….
Grantham built a career calling bubbles. In a recent appearance on Diary of a CEO, he cautioned about Amazon’s 92% drop during the dotCom bust. So here is the test. Pick a moment to buy Amazon, hold it, and never sell. Imagine you bought shares right at the tippy top of the DotCom Bubble (set…
Written by Bryan Lutz, Contributor at The Sovereign Capitalist: The FUD is back, baby. Bitcoin is down nearly half from its 2025 high. And now, the obituaries are out of cold storage and back in heavy rotation. Sentiment surveys are scraping levels we haven’t seen since the 2022 crypto-winter, and the financial press has rediscovered…
For three years now the same prophecy has circled the timeline like a buzzard. Bitcoin dips, and within minutes someone posts the chart: this is it, this is the cascade, Saylor is about to get margin-called into oblivion and drag the whole market down with him. It never happens. And the reason it never happens…
Most people who follow markets already know that global debt is bigger than global equity. The number gets quoted often enough that it has lost its meaning. As of 2025, total global debt sits at roughly $348 trillion. Global equity market capitalization sits at roughly $136 trillion. Debt is more than two and a half…
Thanks Mark, for your MSTR piece. It feels that way to me, also. Well done. Very helpful.