Saylor has unlocked a form of capital market transcendence.
The Common ATM sits idle: $18.6B in untouched authorization capacity.
Saylor doesn’t need to dilute his common stock equity base in order to VAPORIZE over a thousand potential whole coiners every week.
Instead, he fully weaponized the Preferred ATMs:
$62.7M via STRK
$43.3M via STRF
Total: $112.2M in capital extracted this week alone with ZERO common stock dilution.
He’s deploying that capital with ruthless precision: 1,045 new BTC acquired at $105,426 per coin.
This means that every passing week, Strategy removes another thousand coins from global float, coins that will never make it into retail hands.
The velocity of this BTC extraction is staggering,
Strategy now sits on 582,000 BTC.
And yet the market still hasn’t fully grasped that Saylor is building a non-sovereign central bank with capital formation mechanisms more advanced than most fiat governments.
The genius here:
He’s not drawing from existing shareholders.
He’s not borrowing from toxic fiat lenders.
He’s not beholden to macro liquidity conditions.
He’s monetizing derivative demand (via STRK, STRF, future STRD etc.) to pull cash out of sophisticated institutional market participants who want exposure but don’t want BTC custody risk.
Saylor is conducting the most advanced corporate-scale forced-accumulation protocol ever deployed in capital markets history.
