So your average efficiency is <15j/T? Sounds like a cool set up! In my experience the hydros are lower maintenance and for that reason they may have more longevity. 🌊 Hopefully those machines can stay efficient well into the next halving epoch. Until then we have a lot of BTC to mine! ⛏️

UPDATE: Strategy Announced Major Changes Jun 29, 2026 This video was shot yesterday. The day after, Strategy dropped a significant capital framework announcement that directly updates several points covered here. Cash reserve Strategy confirmed the USD Reserve is $2.55B as of June 28, including unsettled ATM proceeds. Coverage extended Today’s announcement guides to 17.4 months of coverage on cash alone, and 25.9 months when combined with $1.25B of Board-authorized BTC monetization capacity. $1B preferred stock buyback authorized Strategy can now repurchase STRC, STRF, STRD, and STRK at market. STRC is the stated priority. $1B MSTR common stock buyback authorized First time a common stock repurchase has been authorized. Management confirmed common equity issuance will be disciplined at or near mNAV 1 — consistent with what I outlined in the video. BTC Monetization Program Board formally authorized BTC sales for three purposes: fund the USD Reserve up to $1.25B, cover dividends and interest when more advantageous than issuing equity, and fund buybacks. First formal confirmation BTC sales are a deliberate capital tool, not a forced last resort. The market pressured Strategy’s prefs all week — the day after this video, they responded with a full capital management framework. Covering more in in the next video. How soon will MSTR resume buying more Bitcoin than miners can mine? Read today’s announcement here: https://www.strategy.com/press/strategy-announces-digital-credit-capital-framework_06-29-2026 ⚠️ Not financial advice. Do your own research.

@Jasmin Noe last man standing rn

@Matthew Richards thanks Matt! Appreciate you being here