Strategy’s STRC preferred stock has become one of the hottest equity investments in bitcoin, but critics say that Strategy ($MSTR) may be digging itself into a hole since it has to pay out nearly $1 billion in annual dividends on $STRC alone. Investor Pio Vincenzo says that these critics are forgetting one crucial detail: the asset that transformed Strategy into the meteoric success it is today. “So when you talk about the obligations of the dividends, I think the thing that people always forget about and don't totally grasp is that strategy owns over 815,000 BTC…they can pay the dividends.” He argues that naysayers can call Strategy a ponzi all they want, but its bitcoin horde means that it could service the outstanding dividends for STRC for 70 years using its bitcoin liquidity. Put another way: ponzis don’t have the backing Strategy does. “So you have to remember how much Bitcoin is owned outright. When you think about the dividends. And I understand people like, oh, he's paying this dividend with that dividend. That's an issue. If you have nothing backing anything, if you have $0 on the balance sheet, if you're Bernie Madoff or a Ponzi scheme taking money from one person and giving it to another person, yeah, for sure…but you've got 815,000 of the most liquid asset, one of the highest volume assets in the world.” 🎧Catch the latest episode of Blockspace in partnership with @blockspace! 🎧 Spotify: 🎧 Apple: 📺 Watch:

Cerebras prices its IPO at a $40B valuation as AI stocks continue to outperform crypto, Strive Asset Management launches daily dividend payments for its preferred stock, and tokenized money market funds from Fidelity Investments and BlackRock receive Moody’s highest rating. @JennSanasie has what you need to know

🎧 Catch the latest episode of 'Blockspace,’ in partnership with @blockspace! BLOCKSPACE:MARA’s Q1 Earnings, Nebius’ Blowout Q1, the $1,000 Bull Case for MSTR ⚡️ MARA, ViaBTC signal support for Great Consensus Cleanup (BIP 54) ⚡️ MARA is in talks with AI tenants, including hyperscalers, and anticipates a deal by year-end ⚡️ Nebius stuns in Q1 earnings with 684% increase to revenue YoY 📺 Watch: 🎧 Spotify: 🎧 Apple:

Markets watch closely as Donald Trump meets with Xi Jinping in Beijing, JPMorgan Chase files for a tokenized money market fund on Ethereum, and Charles Schwab opens spot Bitcoin and Ether trading to 35 million clients. @jennsanasie has what you need to know

Morgan Stanley’s MSBT bitcoin ETF attracted $193.6 million in inflows during its first month of trading. The amazing part? During the same period, MSBT recorded ZERO OUTFLOWS. $193.6 million is a drop in the bucket considering BTC ETFs have over $100 billion in AUM. But the real story here is that MSBT only saw buying demand during its launch month. And the even bigger story? All of that buying action came from self-directed clients. Morgan Stanley’s network of 16,000 advisors, who manage $9.3 trillion in assets, haven’t even started recommending a MSBT allocation to their clients. “So they launched obviously into a much more saturated BTC ETF market, but Morgan Stanley did not tap into its financial advisory clients…all of the buying was self-directed.” 🎧Catch the latest episode of Blockspace in partnership with @blockspace! 🎧 Spotify: 🎧 Apple: 📺 Watch:

eBay rejects GameStop’s $56B takeover bid, Marathon Digital Holdings shifts focus from mining toward AI infrastructure, and hotter-than-expected inflation data weakens hopes for Fed rate cuts this year. @SamEwen has what you need to know.

The Clarity Act gets a May 14 markup date, geopolitical tensions send Bitcoin lower after an early rally, and Strategy buys more BTC days after warning it may need to sell some holdings. @SamEwen has what you need to know.

On Strategy’s Q1 2026 earnings call, Michel Saylor said Strategy “probably will sell some bitcoin” in order to “send a message.” That message? That short sellers should not count on Strategy diluting or piling on debt to furnish its STRC and other preferred dividends. @LygosFinance’s co-founder Francis Corvino (@starkandlime) thinks it’s a good move, one that will take Saylor out from the shadows of disgraced founders like SBF who have made crypto a dirty word in certain investor circles. “I think rationally long term the market should respond to this positively,” he shared on Blockspace Live. “Things are going pretty well for Saylor, so he decides to take a little bit of leverage off the table … [it] shows the market that he isn't a stubborn old man … I think it really weakens the story of the short seller trying to superimpose Michael Saylor on the ghost of SBF.” 🎧Catch the latest episode of Blockspace in partnership with @blockspace! 🎧 Spotify: 🎧 Apple: 📺 Watch:

$ABTC President @MattPrusak says the company is staying the course on Bitcoin while peers pivot to AI. "Strategy boils down to two things: where to play and how to win. We choose Bitcoin." Full @ABTC below! 🎧Catch the latest episode of Blockspace in partnership with @blockspace! 🎧 Spotify: 🎧 Apple: 📺 Watch:

The BTC Mining supply chain is like a conga line American Bitcoin’s Matt Prusak says miners are always short something: chips/power/infrastructure. Right now there’s “a conga line” for power. 🎧Catch the latest episode of 'The Blockspace Pod,’ in partnership with Blockspace Media! 📺 Watch: 🎧 Spotify: 🎧 Apple:

White House crypto adviser Patrick Witt says the administration is targeting July 4 for passage of the Clarity Act, JPMorgan and Ripple complete a near real-time tokenized Treasury settlement on XRP Ledger, and BNY expands digital asset custody into Abu Dhabi. @JennSanasie has what you need to know.

Bullish agrees to acquire Equiniti for $4.2B to build a tokenized securities platform, GameStop makes a $55.5B bid for eBay, and BitMine Immersion Technologies ramps up ETH holdings. Jenn Sanasie has what you need to know.