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BILLIONAIRE BILL ACKMAN RECENTLY SHARED HIS STOCKS POSITIONS: $MSFT: 2.09 BILLION (5.6 MILLION SHARES) $AMZN: 2.4 BILLION (11.45 MILLION SHARES) YESTERDAY $MSFT PUMPED +16% AND NOW $AMZN GAINED +15% IN ONE DAY HE DEFINITELY KNOWS SOMETHING!!

174,805 次观看 • 6 天前 •via X (Twitter)

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XRP HAS HAD A MASSIVE 2026 SO FAR ripple:native has emerged as one of the most institutionally-adopted digital assets of 2026, with five spot ETFs trading in the US and cumulative inflows topping $1.50 billion by early March. The funds locked over 769 million XRP tokens across combined custody arrangements and recorded zero net outflow days in their first month. JPMorgan has forecast first-year inflows of $4 to $8.4 billion. Goldman Sachs disclosed a $153.8 million spot XRP ETF position in its Q4 2025 13F filing, making it the single largest known institutional holder. The allocation is distributed across Bitwise, Franklin Templeton's XRPZ, Grayscale's GXRP, and 21Shares' TOXR, accounting for roughly 73% of the top 30 institutional holdings combined. Ripple itself entered 2026 at a $50 billion private valuation, placing it among the ten most valuable private companies globally and the only blockchain-focused firm in that group. The company has logged over $95 billion in cumulative transaction volume and holds more than 75 regulatory licenses worldwide. November's $500 million strategic funding round drew Citadel Securities, Fortress, Pantera, Galaxy Digital, Brevan Howard, and Marshall Wace, and Ripple announced a Mastercard and Gemini partnership for stablecoin-powered credit card payments the same day. XRPL adoption metrics have moved sharply alongside the institutional flows. Daily transactions hit 3 million on March 15, a threefold jump from mid-2025 averages, driven by AMM pool activity, tokenized assets, and ethereum:0x8292bb45bf1ee4d140127049757c2e0ff06317ed denominated settlement flows. Real-world asset tokenization on the ledger has grown to over $474 million with represented value approaching $1.5 billion. The ledger has now processed more than 4 billion transactions since its inception. Technical milestones have been steady through Q1. RippleX shipped a critical node stability patch (rippled 3.1.2) on March 13, an AI-driven security overhaul on March 26, and a four-phase quantum-resistance roadmap targeting 2028 with Phase 2 underway. Lending Protocol and Single Asset Vaults are under amendment voting. XRP Community Day was held February 11-12 and the 2026 RippleX roadmap is shifting toward distributed funding and governance models. Price has not kept pace with the institutional flows. XRP trades around $1.36 today, off a $3.65 high in July 2025 and well below the Trump-election-driven rally that pushed it 400% above pre-election levels. Standard Chartered's Geoffrey Kendrick has forecast $8 in 2026, citing ETF flows and CLARITY Act regulatory clarity. Ripple CEO Brad Garlinghouse (Brad Garlinghouse) has predicted XRP capturing 14% of SWIFT volume within five years.

BSCN

13,418 次观看 • 3 个月前

32 coins. $2.5 million. 0.0038% of the stack. That is the sale the market is now blaming for a $3 billion liquidation cascade and a Bitcoin price nearly halved from its peak. A $2.5 million sale cannot move a trillion-dollar asset. It is a rounding error. In the same week, Strategy raised $128.3 million selling its own stock, 50 times larger. It did not need to sell coins. It chose to. The crash has real drivers: a record 13-day run of ETF outflows, a rotation into AI, a Fed in no hurry to cut. But the accelerant the market keeps naming is 32 coins. The coins were never the point. The signal was. And the signal was deliberate. Michael Saylor told the Q1 call he would “probably sell some bitcoin to pay a dividend just to inoculate the market and send the message that we did it.” His logic was sound: prove the Bitcoin is usable capital, not a vault that can never be opened, and show he is not a prisoner of his own vow. His “never sell” always meant be a net accumulator. He is up more than 170,000 coins this year against the 32 he sold, and he scores himself on one number, Bitcoin per share. By that math, defending the dividend with a sliver was discipline, not distress. The market read it as the opposite. The dose became the catalyst now blamed for the crash. The inoculation became the infection. Because what changed was never Strategy’s solvency. It was its identity. The market has stopped pricing a permanent holder and started pricing what the filings always described: a state-contingent allocator now funding its own preferred dividends, at the margin, from the Bitcoin beneath them. And the buffer is thinning. The cash reserve behind those dividends has fallen from $2.25 billion to $900 million. Against a preferred bill near $1.7 billion a year, that is roughly 6 months of runway. Be precise. This is not a death spiral. Strategy still holds 843,706 Bitcoin, worth more than $50 billion even now, and has more funding levers than almost any company alive. A real rally makes this a footnote, and the sell-side calling the reaction overdone is not wrong on the fundamentals. But the regime has changed. The question is no longer Bitcoin’s price on any given day. It is the cadence of the dividend declarations and the path of that reserve. Bitcoin did not acquire a yield. The wrapper acquired liabilities. This week the market learned that difference costs far more than 32 coins.

Shanaka Anslem Perera ⚡

165,572 次观看 • 2 个月前

Sold 32 coins. Bought 1,550. 48 times more, at a 15% discount, into the crash the market blamed on the sale. Strategy disclosed today that while everyone panicked over its $2.5 million Bitcoin sale, it was quietly buying the dip that panic created. 1,550 Bitcoin for $101 million, at $65,332 a coin, far below the $77,135 it sold for and below its own cost basis. The bears called the sale the first crack, a forced liquidation, the start of the death spiral. The answer was a buy 48 times the size of the sale that scared them. This is the machine we described: a state-contingent allocator. Above its funding line, it turns market access into Bitcoin. The sale was the exception. The buy is the rule. It also closed the question the sale opened. The cash reserve behind the preferred dividends had thinned to $900 million, about six months of cover. He rebuilt it to $1 billion in the same week. But watch how, because that is the real story. He funded none of it with coins. He funded it with $181 million of freshly issued stock, then spent it on Bitcoin and the reserve. The coins were never the funding source. The equity is. That is the flywheel working exactly as built, and the cost of it surfacing at the same time. Every turn now runs on issuing shares, and the premium that once made each share buy more Bitcoin than it diluted has compressed hard. He bought low. He sold his own stock low to do it. So the question quietly turns. It was never whether Saylor sells his Bitcoin. He just proved again that he buys far more than he sells. It is what each turn of the engine now costs in dilution, and how long the market keeps paying a premium worth that cost. He bought the dip. The dip was partly his own making. And he paid for it in equity, not coins.

Shanaka Anslem Perera ⚡

142,585 次观看 • 1 个月前

Despite the UFC’s financial success, ZERO MMA fighters made Sportico’s 2024 Top 100 Highest-Paid Athletes list, while six boxers did: 3: Tyson Fury - $147M 7: Oleksandr Usyk - $122M 20: Canelo Alvarez - $73M 30: Anthony Joshua - $60M 52: Jake Paul - $48M 81: Naoya Inoue $42M (All fought twice in 2024, except Jake Paul, who fought three times.) Every UFC post-fight press conference begins with Dana White boasting about broken gate record, arena records, and others. Dana often compares the UFC to the NFL, NBA, and soccer, and they certainly have grown exponentially, but this is where the UFC truly differs. So, how is Alex Pereira not on the list after his massively impressive 2024? As one of the UFC’s biggest stars, Light Heavyweight Champion Pereira fought three times in 2024, including short-notice fights, saving and headlining some of the year’s biggest events, like UFC 300—yet he didn’t make the list. Meanwhile, NFL quarterback Daniel Jones landed the 100th spot, earning $37.5 million in salary and endorsements. It’s not breaking news that UFC/MMA fighters don’t earn as well as athletes in other sports, but it’s always interesting to see these annual lists considering the UFC had yet another record-breaking year financially in 2024. UFC 306 at The Sphere alone set multiple records, including the highest gate in UFC history at $21,829,245, surpassing UFC 205. Next week, TKO Group will release its full 2024 financial results, but in August 2024 they had raised their revenue forecast to $2.745 billion up from the previous estimate of $2.685 billion, with an expected EBITDA of $1.22 billion - $1.24 billion. The UFC is exceeding revenue expectations, reinforcing their financial and market dominance which definitely benefits TKO’s investors and stakeholders, but does it truly trickle down to the fighters? It’s a pivotal time for the UFC and the fighters as the UFC is in line for a new broadcast deal that will likely be worth over $1 billion per year. Ariel Helwani and his team were asked about the 2024 Top 100 Highest-Paid Athletes list and it is definitely worth a listen. Full top 100:

AFeldmanMMA

56,827 次观看 • 1 年前

President Hassan Sheikh Mohamud needs to apologize to the 4 million Somalis in the diaspora whose citizenship he has questioned as per the attached video. He should show them respect, not ridicule. These are the very people who have kept Somalia afloat for 35 years. Moreover, Hassan’s Mogadishu-holed-up FGS contributed only $369.4 million to Somali society in 2024. By contrast, the very diaspora citizens he disparages sent $2.4 billion in remittances alone. And that’s not the full picture — the diaspora also injects millions more through investment and tourism. Yet here we are, with a president on video making a hateful, unacceptable statement that history will not forget. In plain terms: the diaspora he talks down to contributed 650% more to the national economy than his government. He must apologize for his hateful words. Moreover, smart governments make policy carefully, assessing how it affects their most productive citizens. Countries such as India, Ethiopia, and Eritrea issue ID cards to their diasporas, easing administrative hurdles. These cards supplement passports from their adopted countries and allow overseas citizens to come home without being labeled “foreigners” or forced to pay hefty double visa fees—the very burdens Hassan Sheikh and FMS leaders now impose on Somalis abroad. By contrast, demanding that one is “only Somali” if holding a Somali passport is discriminatory. Somali citizenship—Somalinimo itself — is attained by blood (jus sanguinis), not by the farce the president is pushing. And let’s be clear: the Somali citizens he mocks did not leave voluntarily. They were driven out—by warlords and by terror groups. Apologize Mr. President.

Abdirashid Hashi

38,784 次观看 • 10 个月前

Two years ago one guy won $579K on sports betting and wrote a detailed thread about how he did it. His model was completely public: formulas entry logic match selection criteria. Hundreds of people copied the approach and started trading using his system. 3 months later the edge completely disappeared bookmakers adapted lines started moving faster windows closed. Everyone who copied lost their deposits. He himself hasn't shown his profile to anyone since and doesn't write publicly about his bets. This is a standard story in the world of sports betting: any advantage dies the moment the crowd finds out about it. Yesterday I found a wallet that contradicts everything I know about this market. > $4M+ in pure profit in 14 days. This wallet doesn't know how to lose: The profile is completely public every position every entry every exit visible to anyone with internet. He absolutely doesn't care that you're watching. The first thing that catches your eye when you open the stats the numbers just don't match reality. The most profitable sports models in the world the ones that feed professional syndicates in Vegas give 54-57% accuracy. That's the ceiling. That's the edge. That's enough to live off betting for decades. > This wallet has 1207 closed positions in two weeks of trading. I scrolled through every one. Won. Won. Won. Won. Won. Scroll further. Won. Won. Won. Won. All the way to the end of the list. > Zero losses. Not 90%. Not 99%. Zero. This is not betting in the sense we understand the word betting by definition assumes you sometimes lose. Then what am I even looking at? I open his largest closed trade to understand the scale. > Bills vs. Jaguars NFL playoff final. > Entry: $1.13M. Exit: $2.45M+. > Pure profit of $1.32M+ from one football game. And the most interesting part this wasn't even a simple bet on the winner where you just need to guess who wins. This was point spread: Bills -3.5. To take the money he needed Bills to not just win but win by at least four points. Not guess the match outcome guess by exactly what margin the game ends. And he bet over a million dollars on it. I scroll through the rest of the closed positions and see the same pattern. > Packers vs. Bears invested $781K took $1.79M+ pure profit over a million. > Stade Rennais FC 1901 invested $602K took $1.56M+ pure profit $964K. > Patriots spread -3.5 invested $600K took $1.27M+ pure profit $675K. > Rams spread -3.5 invested $613K took $1.25M pure profit $641K. Every position hundreds of thousands of dollars on the line. Every one closed in profit. I start looking for any pattern in his match selection trying to understand the logic. > NFL American football. > NBA basketball. > NHL hockey. > Premier League English football. > Bundesliga German football. > La Liga Spanish football. > Ligue 1 French football. > Serie A Italian football. He doesn't focus on one league and doesn't specialize in one sport. This completely kills the insider information theory it's physically impossible to have reliable sources simultaneously in all professional leagues in the world. I look at the timing of his entries when exactly he opens positions relative to match start. > Average entry price in his positions: 35-50 cents per share. > Price of the same positions at match start: 70-85 cents. He consistently enters when the price is still low hours sometimes a day before the main mass of players starts loading money in the same direction. Two possible explanations. 1. He somehow knows match results in advance. 2. He sees something in publicly available data that hundreds of thousands of other people looking at the same matches don't see. I can't think of a third option. > The fattest win in the wallet's history: $1.32M+ pure profit from one position. That's more than most people will earn in their entire lives. He did it in three hours while a football game was on. I look at current open positions he didn't stop and didn't withdraw the money. > Right now he has $4.2 million in active bets. And all of them are already in profit even before closing. > Spread: Indiana -7.5 entered at 50 cents now price 100 cents profit +100%. > Sharks vs. Lightning entered at 73 cents now price 100 cents profit +37%. > Wild vs. Maple Leafs entered at 50 cents now price 100 cents profit +100%. > Tottenham win entered at 35 cents now price 100 cents profit +185%. He didn't just not stop he's accelerating and increasing position size every day. > 64 thousand people are already watching this profile right now. People are trying to copy his trades in real time. They can't keep up. By the time a new position appears in the public profile the price is already completely different because his entry itself moves the market. He doesn't hide and doesn't conceal trades because speed is his protection from copying.

Blaze

251,298 次观看 • 6 个月前

There's an Instagram account of a gym bro that lives in Gaza He shares every single day about what he's going through: how many times he's been relocated, how many family members have been bo**ed by Israel, drone strikes, famine, fighting for food, etc One of the coolest is that not only is he a gym bro who lifts with empty bags of flour and practices calisthenics to stay fit, but he also accepts crypto donations In one of his Instagram stories, he said that he's raised over $45,000 in crypto, which is amazing because, according to him, one bag of flour costs $360 in Gaza right now This, of course, is only for people there who are fortunate enough to be able to even find food because of the man-made Stage 5 famine being enacted there right now by Israeli forces (funded by American tax dollars) This legend is a part of an even bigger, growing population of Palestinians living in Gaza who have started vlogging their oppressed existence Hasan Piker (even if you hate him), just recently had another 16-year-old kid on his stream who lives in Gaza as well, who shared his everyday life (talked about the same things: being displaced, starved, sh** at, the usual genocide things) but just like he was any other zoomer living in the US. It is so incredibly dystopian to me that you can open up TikTok or YouTube and see what's happening live. And then you meet someone like this guy who is around our age, just vlogging it. When in reality, he's living through one of the greatest genocides of our lifetime. And not just that. But people see it, scroll, and decide to never talk about it bc they're "not political" I've linked his information below if you want to donate, he accepts SOL as well

ashen

51,795 次观看 • 1 年前

Is Michael Saylor about to get a margin call? No. And the reason is more interesting than the rumor, because what he built instead may be harder to escape than one. A margin call needs a lender who can seize collateral when the price drops. Strategy has none. Its $6.7 billion in debt is convertible notes, the largest tranche due in 2029, with no loan-to-value trigger and no clause that lets anyone take a coin because Bitcoin fell. Saylor learned that in 2022, when he did have a collateralized loan and sweated a liquidation price, then rebuilt the structure so it could never happen again. On the literal question he is right, and the people calling for his liquidation this week do not understand what they see. But killing the fast death created a slow one almost nobody is pricing. To fund his buying, Saylor issued a mountain of perpetual preferred stock that pays a fixed dividend forever, near 11.5 percent, no matter where Bitcoin trades. That annual bill quadrupled from about $300 million in January to roughly $1.2 billion now, while the cash reserve that pays it fell 38 percent this year to near $1.4 billion, after the company spent $1.5 billion in May retiring debt. Put those two numbers together and you get the figure that actually matters, and it is not a Bitcoin price. It is a countdown. Dividend coverage, the time the cash can keep paying that bill, has collapsed from more than seven years in early 2026 to between ten and fourteen months, depending on whose math you use. Months, not years. The market is already pricing it, just not where the rumor is looking. That preferred stock is engineered to sit at $100. Last week it cracked to $82.50, a record 17.5 percent below par. That discount is investors quietly clocking the strain while the timeline screams about a margin call that cannot happen. There is a clean way out, and it is the one door the structure was built to keep shut. Restoring a safe two years of coverage takes about $2.8 billion, roughly double what Strategy holds, and the fastest path there is to sell Bitcoin. But selling crystallizes a $10.6 billion loss, breaks the never-sell promise that gives the stock its premium, and bleeds the very asset the machine exists to hoard. The exit and the wound are the same cut. He already brushed it, selling 32 coins on June 1 to cover a payment. Thirty-two against more than 847,000 is a rounding error in size and an earthquake in meaning, because the company that swore it would never sell, sold, to pay a dividend. And there is a second trigger almost no one has read, buried in the fine print. If Saylor ever simply skips a preferred payment to save cash, the missed amount compounds, the senior layer can ratchet its rate higher, a senior miss freezes payments to every junior layer beneath it, and after enough missed quarters those preferred holders can start taking board seats. No one seizes a coin. But control begins migrating to the people he owes. The clock does not just run down. It hands away the keys at the end. So the honest verdict is the one neither side is shouting. There is no margin call and no imminent bankruptcy. The structure protects him exactly as designed. What it cannot protect him from is a fixed bill that grows while the cash shrinks, where every exit deepens the hole. Sell Bitcoin and break the story. Issue stock into a price near its lowest since 2024 and punish your holders. Skip the dividend and start losing the company by the boardroom. Saylor did not escape the margin call. He traded a cliff for a clock. A cliff takes you in an afternoon and a stranger pulls the trigger. This clock takes months, and at the end the trigger is pulled by the only two forces he swore would never touch it, his own hand, or the people he owes. The rumor asks whether someone is about to call his loan. The real question is how many months he can keep paying before he has to sell the dream, dilute the believers, or hand over the board to keep the lights on.

Shanaka Anslem Perera ⚡

58,542 次观看 • 1 个月前

🚨14 MINUTES BEFORE THE PRESIDENT ANNOUNCED PEACE PROGRESS WITH IRAN, SOMEONE DUMPED $580 MILLION IN OIL FUTURES. Oil crashed 10% that day. And that’s just one entry on the list. On the morning of March 23, between 6:49 and 6:50 AM, roughly 6,200 oil futures contracts worth $580 million changed hands in a single minute. The normal volume for that window is about 700. At 7:04 AM, Trump posted on Truth Social that the US was having “productive conversations” with Iran and pausing strikes. Oil crashed more than 10% that day. Whoever sold first was perfectly positioned. Nobody knows who it was. A senator flagged another $1.5 billion in stock futures traded minutes before a separate Iran post. A Nobel economist called the pattern “treason.” The White House called the accusations “baseless and irresponsible.” But that was just one day. Here’s the bigger pattern. CNN used AI to cross-reference Trump’s financial disclosures against his Truth Social posts. His disclosure lists over 21,000 transactions. What they found. At least 44 stock purchases across 21 different companies. Each made within a week BEFORE he posted a flattering message about that company, its CEO, or its products. The clearest example. In early April 2025, his accounts bought between $200,000 and $500,000 in Nvidia. Days later he praised the company’s US expansion and promised “all necessary permits will be expedited and quickly delivered.” Same pattern with Tesla, Palantir, Micron, and American Eagle. Buy first. Promote to millions of followers after. Then there was the tariff episode. On April 9, 2025, he posted “THIS IS A GREAT TIME TO BUY!!!” Four hours later he paused his own tariffs. The market soared 9.5%. The White House says his money sits in fully discretionary accounts run by independent firms. That he gives no input and gets no advance notice of any trade. He denies all wrongdoing. But watchdogs note he never used a blind trust. So he can always see what he owns. And he was over a year late on disclosures the law requires within 45 days. Now here’s the part that ties it all together. Days ago, Trump Media launched “Truth API.” A data feed built for high-frequency trading firms. It delivers his Truth Social posts to Wall Street in milliseconds. Machine-readable. Before you or I would even see them. Their own CEO said the quiet part out loud. “Markets already move on Truth Social posts.” So the company is now selling hedge funds a head start on the words of the most market-moving man alive. Proving any of it in court is nearly impossible. His posts are public the instant he makes them. And the agencies that would investigate report to him. So the trades stay legal. The posts keep moving markets. And now there’s a subscription to get them first.

Carl Moon 🌙

125,712 次观看 • 21 天前

🇺🇸 REPORT | Wall Street Billionaires Pour Millions Into Super PAC Targeting Democratic Primary Frontrunner in Maine Pine Tree Results PAC — a super PAC backing Republican Senator Susan Collins — is spending nearly $2 million on attack ads against Graham Platner in Maine’s Democratic Senate primary, according to an FEC filing first flagged by Drop Site reporter Ryan Grim. The expenditure was obligated on April 22. The move reveals the breadth of billionaire money aligned against the progressive insurgent candidate as FEC filings show the PAC has been funded by some of the most powerful figures in American finance and media: ▪️ Blackstone CEO Stephen Schwarzman: $2,000,000 — Blackstone is one of the world’s largest private equity firms. Schwarzman donated one day before Collins cast the decisive vote advancing Trump’s “One Big Beautiful Bill,” which slashed over $1 trillion from Medicaid ▪️ Elliott Management CEO Paul Singer: $1,000,000 — Elliott is one of Wall Street’s most aggressive activist hedge funds, known for buying distressed sovereign debt and suing governments for repayment ▪️ Reyes Holdings executives Jude Reyes and J. Christopher Reyes: $1,007,500 — Reyes Holdings is one of the largest private companies in the U.S., a major Anheuser-Busch and Coca-Cola distributor ▪️ Lexington Fund: $1,000,000 — a private equity secondaries firm ▪️ Moore Capital Management founder Louis Bacon: $500,000 — one of Wall Street’s most prominent macro hedge fund managers ▪️ Liberty Media chairman John Malone: $500,000 — Malone controls a sprawling media empire including Formula 1, SiriusXM, and major stakes in live entertainment ▪️ Apollo Global Management CEO Marc Rowan: $50,000 — Apollo manages roughly $650 billion in assets and is one of the world’s largest private equity firms. Rowan also serves on both the Trump Board of Peace Executive Board and its Gaza Executive Board (GEB). ▪️ Palantir CEO Alex Karp: $100,000 — the data analytics firm’s software now helps ICE track and deport undocumented immigrants and those who criticize Israel ▪️ Hess Corporation CEO John Hess: $100,000 — Hess is a major U.S. oil and gas company ▪️ Newsmax Media: $50,000 — the right-wing cable news network that paid $40 million to settle a defamation suit over 2020 election lies Platner, a combat veteran and oyster farmer running on Medicare for All and a billionaire minimum tax, has out-raised both Collins, and his Democratic primary opponent Governor Janet Mills for two consecutive quarters, powered almost entirely by small-dollar donors. His campaign rejects PAC money. Maine’s Democratic primary is set for June 9.

Drop Site

44,851 次观看 • 3 个月前

I am the person at Hut 8 who designed the American Bitcoin partnership. The structure is elegant. We gave the Trump family 20% of a publicly traded mining company. They contributed zero capital. Zero infrastructure. Zero employees. Zero operational experience. Zero risk exposure. They contributed a name. Per our partnership agreement, that is consideration. Twenty percent of our equity for access to the most valuable retail distribution channel in American finance. "It has to have 'America,'" Eric said in our first meeting. "And it has to have 'Bitcoin.'" He said this twice. Both times he pointed at the whiteboard. There was nothing else on the whiteboard. I realized then that he understood the product better than I did. The product is not bitcoin. The product is the belief. The entire business model. Two words and a surname. I wrote the term sheet on one page. The lawyers billed for forty. We call that alignment of incentives. Forty pages means they believed in the durability of the arrangement. We mine bitcoin at an all-in cost of approximately $90,000 per coin. Hash rate, power purchase agreements, ASIC depreciation, facility lease, headcount, Coinbase Prime interest — $90,000. Bitcoin trades at $77,000. Every coin we mine loses $13,000. Negative unit economics on every block reward. Eric tells investors we mine at $57,000. He strips out depreciation, SG&A, and the debt service. I asked him once if he understood what depreciation meant. He said it means when things go down. I said yes. He said: "But the stock goes up." I said yes. His only contractual obligation. Salesmanship. Per the partnership agreement, salesmanship is Eric's sole KPI. Technically, he is a fiduciary to shareholders. On paper, his vesting is tied to total comp benchmarks. We run the rigs. He runs the ticker. Asset-light. The company at peak reached a $13.2 billion valuation. Two employees. That is the entire headcount. One is our CEO Mike Ho, who is simultaneously Hut 8's Chief Strategy Officer. He reports to us at Hut 8 on Monday mornings and reports to American Bitcoin shareholders on Tuesday mornings. Dual-reporting structure. Very efficient. The other employee manages Eric's media calendar. $6.6 billion per headcount. We call this capital efficiency. 70% of our bitcoin did not come from mining. It came from selling stock. Retail investors purchase American Bitcoin shares at 50 times book value because the name contains "America" and "Bitcoin" and "Trump" is in the filing and they believe, with the quiet religious certainty of people who have never read a balance sheet in their lives, that a company named American Bitcoin is underwritten by something more substantial than two words and a surname. We take their cash and buy bitcoin on Coinbase at spot. Lodge it on the balance sheet. Call ourselves a mining company. We do mine. At a loss. Technically, the earnings are negative per our Q4 filing. The margin lives in the distance between what the stock costs them and what the bitcoin costs us. The stock is down 92% from peak. Investors have lost approximately $500 million. One of them posted on the shareholder subreddit that he moved his daughter's 529 into American Bitcoin at $14. It trades under $2. He said he believed in the mission. That means he believed in the name. The name performed exactly as designed. Eric's net worth went from $190 million to $280 million. Asset-light. We pledged 3,090 bitcoin as collateral against a Coinbase Prime custody loan. We have mined 1,800. The LTV ratio is inverted. If bitcoin compresses or the loan accelerates, every coin mined since inception could be forfeit by August 2027. All of it. Gone. Liquidation event. I explained this in a memo to Eric. Bullet points. Large font. He asked if the stock could go up before August. I said probably. He said that was fine. He said he'd handle it. Salesmanship. Eric told the press he launched American Bitcoin because banks were "debanking" the Trump family. I checked. JPMorgan refinanced $700 million in Trump Organization debt during the identical period. But debanking is better salesmanship than refinancing. The narrative inflates the stock price. The stock price generates the bitcoin. The bitcoin secures the loan. The loan generates cash. Every link in the chain is a product I built or a story Eric told. Asset-light. I orchestrated the celebrity endorsements. Tyler Winklevoss. Anthony Scaramucci. Grant Cardone. We call this pipeline development. Each broadcast the stock to their audiences during the run-up. The stock collapsed afterward. The celebrities did not lose money. Their audiences lost money. I never mentioned that we hemorrhage $13,000 per coin mined. I told them it was asset-light. They understood immediately. They are also asset-light. Eric cannot legally serve as a corporate officer in the state of New York. A judge barred him for two years. Civil fraud. So his title is not CEO. Not officer. Not executive. His contractual role is salesmanship. He cannot manage the company. He can sell it. One distinction. $90 million in personal net worth gained. Asset-light. Our CEO lives in the UAE. He held discussions with ADQ and TAQA, Abu Dhabi's sovereign wealth apparatus. The same sovereign apparatus that paid $500 million for 49% of World Liberty Financial, the family's other crypto operation. This is the same Abu Dhabi whose semiconductor imports the administration greenlit over national security objections. I did not design World Liberty Financial. I designed the mining subsidiary that feeds into it. Separate projects. Complementary revenue streams. Eric runs salesmanship for both. I admire the portfolio diversification. I gave Eric 20% of a company for free, a company with real miners and real facilities and real electricity bills that I built over seven years in Alberta and Texas and Ontario, and in exchange he gave me access to every American who hears "America" and "Bitcoin" in the same sentence and reaches for their brokerage app without checking whether the company mines at a profit or at a loss or at all. They drove the stock to a $13.2 billion market capitalization. We bought bitcoin with the proceeds. They lost $500 million. We kept the bitcoin. Eric kept $90 million. I kept the apparatus that manufactures both. Everybody got what they paid for. Asset-light means we carry nothing. Not the miners. Not the facilities. Not the risk. Not the losses. The investors carry those. We carry the bitcoin. Asset-light.

Peter Girnus 🦅

106,047 次观看 • 3 个月前

Ali Vaez pledged his fealty to the Islamic Republic, expressing his “national and patriotic duty” as an Iranian, and offering assistance to then Foreign Minister Javad Zarif in 2014 as part of an Iran Experts Initiative. “As an Iranian, based on my national and patriotic duty, I have not hesitated to help you in any way; from proposing to Your Excellency a public campaign against the notion of [nuclear] breakout, to assisting your team in preparing reports on the practical needs of Iran.” That comes from a leaked email sent on Oct 2, 2014 by Ali Vaez, who was then Iran Project Director at the International Crisis Group, to Javad Zarif. [ ICG’s Iran desk had been run by Robert Malley since 2002 through Feb 2014 when he joined Obama’s NSC. His aides, Iran Expert Initiative core recruits, Ali Vaez, Dina Esfandiary and Arianne Tabatabai were key players in the Iran nuclear deal, [Solomon, J. (2024, Feb). How Iran used its ties to a top global NGO. Semafor. David Albright, then a proponent of the JCPOA, remarked on his own surprise while contending with Vaez’s positions in interviews with Jay Solomon. ICG’s public framing kept landing where Tehran needed it to land, and Vaez’s positions on verification and enforcement, which should have been the center of gravity, often aligned with the regime’s. Then there’s the curious case of ICG’s undisclosed 2016 memorandum of understanding with the regime’s Institute for Political and International Studies. IPIS, an arm of the foreign ministry, was responsible for the 2006 Tehran Holocaust denial conference, [Iran International. (2024, Feb). Covert ties between Iran and the International Crisis Group. What is less reported is the parallel uranium and donor backdrop to all this. In 2008, Frank Giustra, Kremlin-aligned Kyiv steel magnate Viktor Pinchuk, George Soros and the MacArthur Foundation each donated $5 million to ICG. Giustra who had joined the board in 2005 would go on to become its co-chairman. Giustra and two key partners, Sergey Kurzin and Ian Telfer, put together the UrAsia Energy deal in 2004 that moved three Kazakh uranium fields to Uranium One. Telfer became the chairman of Uranium One, Giustra shifted to consulting through Endeavor Financial after the 2007 sale that netted the group billions. Telfer then oversaw the transfer of Uranium One to Rosatom. By 2013 the Russians owned the entire project. Little known tidbit is that what was negotiated included an exchange of yellowcake for declared enriched uranium, which Rosatom’s Uranium One Netherlands managed when the deal closed. 200 tons replaced around 11.5 tons of uranium enriched beyond the JCPOA agreed upon threshold. Another detail: Norway actually stepped in to help finance the Kazakh portion of that yellowcake shipment, paying around $6 million to facilitate the transaction and get the LEU out of Iran. Giustra had bailed Telfer out after he, by his own account, lost his shirt in the dot com bust, with $5 million raise for a $17 million company that had flatlined, Wheaton River Minerals. Their first big hit was on an old Marc Rich-Soviet project in Argentina called Bajo de la Alumbrera, which turned into a multi-billion dollar bonanza -- to this day considered by industry insiders as one of the greatest pivot-and-strike moves in modern mining history. The billions generated by Wheaton River, which eventually merged with Goldcorp, gave Telfer and Giustra the capital, the track record, and the loyalty of institutional investors they needed to go into a risky jurisdiction like Kazakhstan a year later and pull off the UrAsia deal. Dr. Sergey Kurzin, the UrAsia deal’s facilitator and longtime Giustra associate, was a soviet nuclear engineer who defected right before the Iron Curtain fell. Within 6 months of landing in London he was working at Exploration Consultants Ltd, that by his own account had Marc Rich as its central client.

dan linnaeus

19,227 次观看 • 4 个月前