Loading video...

Video Failed to Load

There was a problem loading this video. This could be due to a temporary network issue or the video might be unavailable.

BITCOIN DEVELOPER PROPOSES FORK TO REDISTRIBUTE SATOSHI'S 1.1M BTC Long-time Bitcoin developer Paul Sztorc has proposed a hard fork called eCash, scheduled for August 2026, that would create an entirely new chain copied from Bitcoin's existing code. According to the proposal, every current Bitcoin holder would receive equivalent eCash... show more

BSCN

1,360,610 subscribers

46,577 views • 3 months ago •via X (Twitter)

News & Politics Finance

Anya Rossi• Live Now

Private livecam show

0 Comments

No comments available

Comments from the original post will appear here

Related Videos

$1M Bitcoin in 2027 Everyone thinks Michael Saylor and ETFs get us there. I think it’s Paul Sztorc and the eCash.com $BTC hard fork. I sat with Paul Sztorc who made me realise eCash could be one of the most important forks in bitcoins history, stimulating our greatest bullrun ever. The tldr is in August if you hold bitcoin you get the equivalent in eCash. Now eCash on its own merit is already interesting. It’s led by Paul Sztorc who has spent years campaigning to improve bitcoins mechanical utility. He’s a certified legit Bitcoin OG who wants to add functional layers on-top of Bitcoin to enable Bitcoin to be the rails for the broader world of commerce. He plans to achieve this with side chains that are sort of like L2s on Bitcoin. Imagine if Bitcoin had smart contracts and $btc was the currency for all apps in the world. 🤔so technically it’s already very compelling. You will get that for free just by owning Bitcoin. But that’s not all. Paul has figured out a way to finance new forks. I believe this will trigger a new season of fork innovations. Basically fork wars 2.0 only this time it’s based around experimentation and innovation instead of outright kill Bitcoin. Institutions have been all the craze recently but they have never been the source of crypto's biggest expansions. The people who built this industry were. The Cryptographers, the hackers, the builders and the cypherpunks. Everyone is focusing on Strategy selling Bitcoin, meanwhile the upcoming eCash hard fork from Paul Sztorc is being wildly underestimated. Technically, the idea of improving bitcoins mechanical utility is appealing but the event itself is also financially dramatic inducing a huge wealth effect for a whole new generation of Bitcoin holders and it may remind the market who actually drives innovation in this industry. Every major crypto boom began when a small group of weird, intelligent, highly-convicted people challenged the status quo and built something new. And while everyone thinks the next bull market comes from Wall Street, I think much more poetically it comes from the same place every other one did: The real Bitcoiners. Anyway, the interview is linked below. I highly recommend you watch it and I’ll be writing my thesis that goes over wealth effects, network effects, financial incentives, game theory and how this all spills over into a bitcoin and crypto bullrun like we’ve never seen before.

$1M Bitcoin in 2027 Everyone thinks Michael Saylor and ETFs get us there. I think it’s Paul Sztorc and the eCash.com $BTC hard fork. I sat with Paul Sztorc who made me realise eCash could be one of the most important forks in bitcoins history, stimulating our greatest bullrun ever. The tldr is in August if you hold bitcoin you get the equivalent in eCash. Now eCash on its own merit is already interesting. It’s led by Paul Sztorc who has spent years campaigning to improve bitcoins mechanical utility. He’s a certified legit Bitcoin OG who wants to add functional layers on-top of Bitcoin to enable Bitcoin to be the rails for the broader world of commerce. He plans to achieve this with side chains that are sort of like L2s on Bitcoin. Imagine if Bitcoin had smart contracts and $btc was the currency for all apps in the world. 🤔so technically it’s already very compelling. You will get that for free just by owning Bitcoin. But that’s not all. Paul has figured out a way to finance new forks. I believe this will trigger a new season of fork innovations. Basically fork wars 2.0 only this time it’s based around experimentation and innovation instead of outright kill Bitcoin. Institutions have been all the craze recently but they have never been the source of crypto's biggest expansions. The people who built this industry were. The Cryptographers, the hackers, the builders and the cypherpunks. Everyone is focusing on Strategy selling Bitcoin, meanwhile the upcoming eCash hard fork from Paul Sztorc is being wildly underestimated. Technically, the idea of improving bitcoins mechanical utility is appealing but the event itself is also financially dramatic inducing a huge wealth effect for a whole new generation of Bitcoin holders and it may remind the market who actually drives innovation in this industry. Every major crypto boom began when a small group of weird, intelligent, highly-convicted people challenged the status quo and built something new. And while everyone thinks the next bull market comes from Wall Street, I think much more poetically it comes from the same place every other one did: The real Bitcoiners. Anyway, the interview is linked below. I highly recommend you watch it and I’ll be writing my thesis that goes over wealth effects, network effects, financial incentives, game theory and how this all spills over into a bitcoin and crypto bullrun like we’ve never seen before.

Senator Mak🖖

130,752 views • 2 months ago

🔥STRATEGY WILL BE THE WORLD'S MOST VALUABLE COMPANY🔥 Strategy bought OVER 56,000 Bitcoin in April. That number is so absurd people are psychologically incapable of processing it. Post-halving miners produce roughly 13,500 BTC per month. Strategy just bought about 4.1x an entire month of new miner supply in one month. Now run the simple monster math: Today: Strategy BTC stack: 818,334 BTC Bitcoin price: $76,196 Bitcoin NAV: $62.35B Assume Strategy keeps buying 56,000 BTC per month for 5 years. That is: ASSUMING STRC GROWTH TOTALLY STOPS (LOL) ~672,000 BTC per year ~3,360,000 BTC over 5 years Their stack goes from: 818,334 BTC to 4,178,334 BTC Now assume Bitcoin compounds at 25% CAGR. Bitcoin goes from: $76,196 to roughly: $232,532 So the Bitcoin NAV becomes: 4,178,334 BTC × $232,532 = roughly $971.5 BILLION Almost $1 TRILLION in Bitcoin NAV. And the funniest part? This model assumes no mNAV expansion. No premium insanity. No additional acceleration. No credit flywheel getting stronger. No market panic as everyone realizes Strategy is vacuuming Bitcoin off the planet like a publicly traded monetary black hole. Just: 56,000 BTC per month. 25% Bitcoin CAGR. 5 years. That’s it. Don't think they can accumulate that much Bitcoin at that low of a CAGR? Think the Bitcoin CAGR has to go higher? Cool. That only helps Strategy buy more Bitcoin. The bear case is basically: “Sure, they are absorbing multiples of new supply, building the largest corporate Bitcoin balance sheet in history, converting fiat capital markets into Bitcoin ownership, and compounding NAV at escape velocity, but have you considered that I am emotionally upset?” MSTR is becoming the most aggressive Bitcoin accumulation machine ever built. The fiat world is still modeling it like a tech stock with a weird treasury policy. GOOD LUCK.

🔥STRATEGY WILL BE THE WORLD'S MOST VALUABLE COMPANY🔥 Strategy bought OVER 56,000 Bitcoin in April. That number is so absurd people are psychologically incapable of processing it. Post-halving miners produce roughly 13,500 BTC per month. Strategy just bought about 4.1x an entire month of new miner supply in one month. Now run the simple monster math: Today: Strategy BTC stack: 818,334 BTC Bitcoin price: $76,196 Bitcoin NAV: $62.35B Assume Strategy keeps buying 56,000 BTC per month for 5 years. That is: ASSUMING STRC GROWTH TOTALLY STOPS (LOL) ~672,000 BTC per year ~3,360,000 BTC over 5 years Their stack goes from: 818,334 BTC to 4,178,334 BTC Now assume Bitcoin compounds at 25% CAGR. Bitcoin goes from: $76,196 to roughly: $232,532 So the Bitcoin NAV becomes: 4,178,334 BTC × $232,532 = roughly $971.5 BILLION Almost $1 TRILLION in Bitcoin NAV. And the funniest part? This model assumes no mNAV expansion. No premium insanity. No additional acceleration. No credit flywheel getting stronger. No market panic as everyone realizes Strategy is vacuuming Bitcoin off the planet like a publicly traded monetary black hole. Just: 56,000 BTC per month. 25% Bitcoin CAGR. 5 years. That’s it. Don't think they can accumulate that much Bitcoin at that low of a CAGR? Think the Bitcoin CAGR has to go higher? Cool. That only helps Strategy buy more Bitcoin. The bear case is basically: “Sure, they are absorbing multiples of new supply, building the largest corporate Bitcoin balance sheet in history, converting fiat capital markets into Bitcoin ownership, and compounding NAV at escape velocity, but have you considered that I am emotionally upset?” MSTR is becoming the most aggressive Bitcoin accumulation machine ever built. The fiat world is still modeling it like a tech stock with a weird treasury policy. GOOD LUCK.

Adam Livingston

61,564 views • 3 months ago

This was all streamed from Bitcoin using Ordinals. The 3D world supports real-time multiplayer interactions, and decentralized land ownership. All this is on-chain on Bitcoin, and as immutable and secure as Bitcoin itself. The weather in the world reacts to Bitcoin fees, clouds are linked to transaction volume, and time in the world is determined by block height. Makes sense for a Bitcoin world. Real-time multiplayer interactions is one of the newest features. This is particularly difficult to do because Bitcoin block times are ~10 minutes. Bitcoin has been around for 17 years, and we're now seeing fascinating new things being built on top of it.

This was all streamed from Bitcoin using Ordinals. The 3D world supports real-time multiplayer interactions, and decentralized land ownership. All this is on-chain on Bitcoin, and as immutable and secure as Bitcoin itself. The weather in the world reacts to Bitcoin fees, clouds are linked to transaction volume, and time in the world is determined by block height. Makes sense for a Bitcoin world. Real-time multiplayer interactions is one of the newest features. This is particularly difficult to do because Bitcoin block times are ~10 minutes. Bitcoin has been around for 17 years, and we're now seeing fascinating new things being built on top of it.

danny huuep

103,069 views • 3 months ago

🚨LATEST: RIPPLE CTO SAYS SATOSHI BITCOIN KEYS LIKELY LOST FOREVER Ripple CTO David Schwartz (David 'JoelKatz' Schwartz) said the private keys to Satoshi Nakamoto’s Bitcoin $BTC fortune are likely gone. The estimated holdings are worth around $70 billion. He suggested the coins may remain permanently inaccessible. The view reinforces long-standing speculation about dormant BTC. Lost keys would remove a massive supply from circulation. This comes after Investigative journalist John Carreyrou identified Adam Back as Satoshi Nakamoto. The conclusion follows an 18 month investigation. However, no definitive proof has been presented. The identity of Satoshi remains unconfirmed.

🚨LATEST: RIPPLE CTO SAYS SATOSHI BITCOIN KEYS LIKELY LOST FOREVER Ripple CTO David Schwartz (David 'JoelKatz' Schwartz) said the private keys to Satoshi Nakamoto’s Bitcoin $BTC fortune are likely gone. The estimated holdings are worth around $70 billion. He suggested the coins may remain permanently inaccessible. The view reinforces long-standing speculation about dormant BTC. Lost keys would remove a massive supply from circulation. This comes after Investigative journalist John Carreyrou identified Adam Back as Satoshi Nakamoto. The conclusion follows an 18 month investigation. However, no definitive proof has been presented. The identity of Satoshi remains unconfirmed.

BSCN

60,565 views • 4 months ago

🚨BREAKING: GOOGLE WARNS 6.9M BITCOIN WILL BE VULNERABLE WHEN QUANTUM COMPUTERS BECOME POWERFUL ENOUGH A new Google Quantum AI whitepaper has identified approximately 6.9 million Bitcoin $BTC vulnerable to future quantum at-rest attacks. Around 1.7 million BTC sits in old Pay-to-Public-Key scripts, with public keys permanently exposed on the blockchain. This includes coins widely believed to belong to Bitcoin's pseudonymous creator Satoshi Nakamoto. No quantum computer powerful enough to exploit this exists today. But the paper warns that when one does, these dormant assets require no transaction to be broadcast — a future attacker could simply derive the private key silently from public data. The research team revealed that a superconducting quantum computer could derive a Bitcoin private key in approximately 9 minutes — just inside Bitcoin's average 10-minute block time. Google warns the coins represent a "fixed, multibillion-dollar target" if protocol changes are not made in time. The paper proposes governments consider legal frameworks for "digital salvage," treating dormant quantum-vulnerable coins similarly to unclaimed sunken treasure, to prevent them falling to rogue states or criminal actors first.

🚨BREAKING: GOOGLE WARNS 6.9M BITCOIN WILL BE VULNERABLE WHEN QUANTUM COMPUTERS BECOME POWERFUL ENOUGH A new Google Quantum AI whitepaper has identified approximately 6.9 million Bitcoin $BTC vulnerable to future quantum at-rest attacks. Around 1.7 million BTC sits in old Pay-to-Public-Key scripts, with public keys permanently exposed on the blockchain. This includes coins widely believed to belong to Bitcoin's pseudonymous creator Satoshi Nakamoto. No quantum computer powerful enough to exploit this exists today. But the paper warns that when one does, these dormant assets require no transaction to be broadcast — a future attacker could simply derive the private key silently from public data. The research team revealed that a superconducting quantum computer could derive a Bitcoin private key in approximately 9 minutes — just inside Bitcoin's average 10-minute block time. Google warns the coins represent a "fixed, multibillion-dollar target" if protocol changes are not made in time. The paper proposes governments consider legal frameworks for "digital salvage," treating dormant quantum-vulnerable coins similarly to unclaimed sunken treasure, to prevent them falling to rogue states or criminal actors first.

BSCN

72,791 views • 4 months ago

New Quantum Shield Aims To Protect Existing Crypto Wallets Blockchain security firm AmericanFortress has proposed a quantum resistant security scheme for existing crypto wallets. The company says users would not need to move funds, rotate keys, or change wallet addresses. The approach keeps existing wallet addresses unchanged while adding post quantum protection. It is designed for Bitcoin, Ethereum, Solana, and other elliptic curve based blockchains. According to the firm, the proposal relies on zero knowledge proofs generated from the original wallet seed phrase. The technical paper has been published but has not yet undergone peer review.

New Quantum Shield Aims To Protect Existing Crypto Wallets Blockchain security firm AmericanFortress has proposed a quantum resistant security scheme for existing crypto wallets. The company says users would not need to move funds, rotate keys, or change wallet addresses. The approach keeps existing wallet addresses unchanged while adding post quantum protection. It is designed for Bitcoin, Ethereum, Solana, and other elliptic curve based blockchains. According to the firm, the proposal relies on zero knowledge proofs generated from the original wallet seed phrase. The technical paper has been published but has not yet undergone peer review.

BSCN

28,688 views • 18 days ago

A New Chapter on Bitcoin Has Begun ⚡️ The Second Upgrade Portal is now open and will close today at 9PM PT. OCM Genesis Owners can upgrade their Genesis to Bitcoin on the OCM website from the Profile page. All OCM Genesis with a Bitcoin Badge will be able to upgrade during this time. We encourage everyone to take advantage of this! Each upgraded Genesis on Bitcoin includes four inscriptions on a Block 9-450x satoshi and retains ownership of the Ethereum asset. OCM on Bitcoin is a remarkable and innovative collection. 🟧 The first 10K collection to officially migrate from Ethereum to Bitcoin. 🟧 The first 10k collection to use Parent-Child Provenance. 🟧 The first 10k collection inscribed on Block 9-450x satoshis and done sequentially. 🟧 The first 10k images of a collection ever inscribed on Bitcoin in Inscription 20219. Be a part of this historic blockchain event. Join the visionaries, the trendsetters, the first. !RISE

OnChainMonkey®

62,034 views • 2 years ago

CLARITY ACT COULD DRIVE BITCOIN TO $200,000 Shark Tank investor and prominent crypto advocate Kevin O'Leary (Kevin O'Leary aka Mr. Wonderful) made bold predictions, stating the long-awaited CLARITY Act will pass into law, according to Simply Bitcoin. O'Leary believes regulatory CLARITY will be the key catalyst that sends Bitcoin $BTC soaring to $150,000 and potentially as high as $200,000. The billionaire has been a vocal supporter of Bitcoin as an institutional-grade asset. His comments come at a time when Washington is increasingly warming up to crypto legislation. Analysts say regulatory certainty could unlock billions in fresh institutional capital.

CLARITY ACT COULD DRIVE BITCOIN TO $200,000 Shark Tank investor and prominent crypto advocate Kevin O'Leary (Kevin O'Leary aka Mr. Wonderful) made bold predictions, stating the long-awaited CLARITY Act will pass into law, according to Simply Bitcoin. O'Leary believes regulatory CLARITY will be the key catalyst that sends Bitcoin $BTC soaring to $150,000 and potentially as high as $200,000. The billionaire has been a vocal supporter of Bitcoin as an institutional-grade asset. His comments come at a time when Washington is increasingly warming up to crypto legislation. Analysts say regulatory certainty could unlock billions in fresh institutional capital.

BSCN

10,178 views • 3 months ago

🚀ASST TO $700 PER SHARE?!?🚀 YOU THINK I'M JOKING? THINK AGAIN, BUCKO. Current ASST snapshot: BTC holdings: 15,000.5 BTC BTC price: $80,593 Bitcoin NAV: $1.21B Total debt: $10M Preferred outstanding: $495.95M Debt + preferred: $505.95M Amplification ratio: 41.9% Current stock price: $15.85 Now here’s the model, and this isn't MOONBOY NONSENSE, kids. This is with Bitcoin at $750k in 2036, not $1 million in 2034. ASST maintains their current 41.9% amplification ratio for 10 years. Translation for normal people: For every $1.00 of Bitcoin NAV, ASST keeps roughly $0.419 of senior claims through debt/preferred financing. The bears hear that and immediately start sweating through a Men’s Wearhouse suit. But this is the actual machine. As Bitcoin rises, the Bitcoin NAV rises. When the NAV rises, the old preferred stack becomes smaller relative to the treasury. So ASST issues more SATA to keep amplification at 41.9%. That new SATA capital buys more Bitcoin. Then Bitcoin goes up again. Then the NAV goes up again. Then the amplification ratio drops again. Then they issue more SATA again. Then they buy more Bitcoin again. This is how you turn a balance sheet into a legally registered orange crocodile. Now we add the funding mix: 75% of new Bitcoin accumulation comes from SATA. 25% comes from issuing common stock. And the common stock is issued at 1.2x EV mNAV. Meaning they are selling equity at a 20% premium to the enterprise value of the Bitcoin stack. That matters. Because issuing common below NAV is financial self-harm. Issuing common above NAV is accretive treasury sorcery. Now assume Bitcoin compounds at 25% per year for 10 years. BTC price goes from: $80,593 today to roughly: $750,579 in year 10 That is a 9.3x move in Bitcoin. Now what happens to ASST? Starting BTC stack: 15,000.5 BTC Projected year 10 BTC stack: 143,425 BTC That is 9.6x more Bitcoin. Starting Bitcoin NAV: $1.21B Projected year 10 Bitcoin NAV: $107.65B That is 89x larger. Now the bears will say: “BUT THE PREFERREDS!” Yes, Carl. The preferreds are the point. Senior claims rise from $505.95M to $45.11B because the model intentionally keeps amplification at 41.9%. That sounds terrifying until you remember the Bitcoin NAV grew to $107.65B. The stack got bigger. The senior claims got bigger. The common equity claim got bigger too. This is where CEBE comes in. CEBE = Common Equity Bitcoin Exposure. It answers the only question that matters: After debt and preferred holders get their claim, how much Bitcoin exposure does the common shareholder really own? Today: Gross BPS: 20,222 sats CEBE/share: 11,759 sats Year 10: Gross BPS: 95,380 sats CEBE/share: 55,416 sats That means common-equity Bitcoin exposure per share rises about 4.7x. Even after common issuance. Even after maintaining the preferred stack. Even after the bears finish their sacred ritual of screaming “DILUTION” into a spreadsheet they opened sideways. Now the share count. Current implied diluted shares: 74.2M Projected year 10 shares: 150.4M So yes, the share count roughly doubles in this model. But the Bitcoin stack goes 9.6x. This is the entire game. If Bitcoin holdings grow much faster than shares outstanding, the common shareholder’s Bitcoin exposure goes up. The bears think all issuance is bad because they learned finance from a Yahoo message board during a divorce. The actual question is: Does issuance increase Bitcoin per share after senior claims? In this model, yes. Now the stock price. Strict 1.2x EV mNAV model gets ASST to about: $559/share But if we anchor the model to today’s actual ASST price of $15.85, the same growth path gets you to roughly: $696/share Call it $700. There it is. ASST to $700 per share is not “vibes.” It is a model. BTC compounds at 25%. SATA funds 75% of accumulation. Common funds 25% at 1.2x EV mNAV. Amplification stays at 41.9%. BTC stack grows from 15,000 BTC to 143,425 BTC. Bitcoin NAV goes from $1.21B to $107.65B. CEBE/share goes from 11,759 sats to 55,416 sats. The stock goes from $15.85 to roughly $700. This is why small Bitcoin treasury companies are so insane. Strategy is the Death Star. ASST is the weird little orange lab experiment in the basement where someone accidentally discovers corporate finance methamphetamine. Tiny denominator. Preferred financing. Bitcoin accumulation. Premium equity issuance. CEBE expansion. A compounding treasury loop. The bear case is that dilution kills the common. The bull case is that accretive dilution plus preferred financing creates a Bitcoin-per-share machine that eats capital markets and leaves behind a pile of traumatized short sellers asking why their model still says “book value.” ASST to $700? If the machine works, yes. If Bitcoin does 25% CAGR, absolutely possible. If SATA scales and common gets issued above NAV, the goblin gets fed. And once the goblin gets fed, the spreadsheet starts looking like it was written by Saylor, Dylan LeClair, and a sleep-deprived Austrian economist locked inside a treasury dashboard with three Celsius energy drinks. This is not financial advice. This is FINANCIAL ENTERTAINMENT:

🚀ASST TO $700 PER SHARE?!?🚀 YOU THINK I'M JOKING? THINK AGAIN, BUCKO. Current ASST snapshot: BTC holdings: 15,000.5 BTC BTC price: $80,593 Bitcoin NAV: $1.21B Total debt: $10M Preferred outstanding: $495.95M Debt + preferred: $505.95M Amplification ratio: 41.9% Current stock price: $15.85 Now here’s the model, and this isn't MOONBOY NONSENSE, kids. This is with Bitcoin at $750k in 2036, not $1 million in 2034. ASST maintains their current 41.9% amplification ratio for 10 years. Translation for normal people: For every $1.00 of Bitcoin NAV, ASST keeps roughly $0.419 of senior claims through debt/preferred financing. The bears hear that and immediately start sweating through a Men’s Wearhouse suit. But this is the actual machine. As Bitcoin rises, the Bitcoin NAV rises. When the NAV rises, the old preferred stack becomes smaller relative to the treasury. So ASST issues more SATA to keep amplification at 41.9%. That new SATA capital buys more Bitcoin. Then Bitcoin goes up again. Then the NAV goes up again. Then the amplification ratio drops again. Then they issue more SATA again. Then they buy more Bitcoin again. This is how you turn a balance sheet into a legally registered orange crocodile. Now we add the funding mix: 75% of new Bitcoin accumulation comes from SATA. 25% comes from issuing common stock. And the common stock is issued at 1.2x EV mNAV. Meaning they are selling equity at a 20% premium to the enterprise value of the Bitcoin stack. That matters. Because issuing common below NAV is financial self-harm. Issuing common above NAV is accretive treasury sorcery. Now assume Bitcoin compounds at 25% per year for 10 years. BTC price goes from: $80,593 today to roughly: $750,579 in year 10 That is a 9.3x move in Bitcoin. Now what happens to ASST? Starting BTC stack: 15,000.5 BTC Projected year 10 BTC stack: 143,425 BTC That is 9.6x more Bitcoin. Starting Bitcoin NAV: $1.21B Projected year 10 Bitcoin NAV: $107.65B That is 89x larger. Now the bears will say: “BUT THE PREFERREDS!” Yes, Carl. The preferreds are the point. Senior claims rise from $505.95M to $45.11B because the model intentionally keeps amplification at 41.9%. That sounds terrifying until you remember the Bitcoin NAV grew to $107.65B. The stack got bigger. The senior claims got bigger. The common equity claim got bigger too. This is where CEBE comes in. CEBE = Common Equity Bitcoin Exposure. It answers the only question that matters: After debt and preferred holders get their claim, how much Bitcoin exposure does the common shareholder really own? Today: Gross BPS: 20,222 sats CEBE/share: 11,759 sats Year 10: Gross BPS: 95,380 sats CEBE/share: 55,416 sats That means common-equity Bitcoin exposure per share rises about 4.7x. Even after common issuance. Even after maintaining the preferred stack. Even after the bears finish their sacred ritual of screaming “DILUTION” into a spreadsheet they opened sideways. Now the share count. Current implied diluted shares: 74.2M Projected year 10 shares: 150.4M So yes, the share count roughly doubles in this model. But the Bitcoin stack goes 9.6x. This is the entire game. If Bitcoin holdings grow much faster than shares outstanding, the common shareholder’s Bitcoin exposure goes up. The bears think all issuance is bad because they learned finance from a Yahoo message board during a divorce. The actual question is: Does issuance increase Bitcoin per share after senior claims? In this model, yes. Now the stock price. Strict 1.2x EV mNAV model gets ASST to about: $559/share But if we anchor the model to today’s actual ASST price of $15.85, the same growth path gets you to roughly: $696/share Call it $700. There it is. ASST to $700 per share is not “vibes.” It is a model. BTC compounds at 25%. SATA funds 75% of accumulation. Common funds 25% at 1.2x EV mNAV. Amplification stays at 41.9%. BTC stack grows from 15,000 BTC to 143,425 BTC. Bitcoin NAV goes from $1.21B to $107.65B. CEBE/share goes from 11,759 sats to 55,416 sats. The stock goes from $15.85 to roughly $700. This is why small Bitcoin treasury companies are so insane. Strategy is the Death Star. ASST is the weird little orange lab experiment in the basement where someone accidentally discovers corporate finance methamphetamine. Tiny denominator. Preferred financing. Bitcoin accumulation. Premium equity issuance. CEBE expansion. A compounding treasury loop. The bear case is that dilution kills the common. The bull case is that accretive dilution plus preferred financing creates a Bitcoin-per-share machine that eats capital markets and leaves behind a pile of traumatized short sellers asking why their model still says “book value.” ASST to $700? If the machine works, yes. If Bitcoin does 25% CAGR, absolutely possible. If SATA scales and common gets issued above NAV, the goblin gets fed. And once the goblin gets fed, the spreadsheet starts looking like it was written by Saylor, Dylan LeClair, and a sleep-deprived Austrian economist locked inside a treasury dashboard with three Celsius energy drinks. This is not financial advice. This is FINANCIAL ENTERTAINMENT:

Adam Livingston

66,707 views • 3 months ago

MICHAEL SAYLOR IS IN SERIOUS TROUBLE The last few days have been the worst for $MSTR in a long time Despite massive share issuance and constant $BTC accumulation, the losses keep piling up: - $11 billion underwater on BTC holdings - MSTR down 72% from its 2025 peak - First BTC sale in four years, just to pay STRC dividends The most convicted Bitcoin holder on earth just blinked Welcome to the other side of that trade

MICHAEL SAYLOR IS IN SERIOUS TROUBLE The last few days have been the worst for $MSTR in a long time Despite massive share issuance and constant $BTC accumulation, the losses keep piling up: - $11 billion underwater on BTC holdings - MSTR down 72% from its 2025 peak - First BTC sale in four years, just to pay STRC dividends The most convicted Bitcoin holder on earth just blinked Welcome to the other side of that trade

bee🐝

43,692 views • 1 month ago

Excited to announce that The Atlas has been acquired by Brissi The 0.5 BTC sale was facilitated by Eclipse (Eclipse ◯), a new bitcoin native art initiative led by rocktoshi and CrownJewel Inscribed on bitcoin, this dynamic 1/1 brings new life into an abandoned building from a bygone era. 🌗 The artwork shifts between Day & Night modes, synchronized with the Bitcoin clock, reflecting the real-life time zone of the architecture in Italy. Thank you to the talented team at Inscribing Atlantis who helped bring this dynamic work to life! Alice Wexell and I are very grateful, thankful, and excited for what's to come.

Excited to announce that The Atlas has been acquired by Brissi The 0.5 BTC sale was facilitated by Eclipse (Eclipse ◯), a new bitcoin native art initiative led by rocktoshi and CrownJewel Inscribed on bitcoin, this dynamic 1/1 brings new life into an abandoned building from a bygone era. 🌗 The artwork shifts between Day & Night modes, synchronized with the Bitcoin clock, reflecting the real-life time zone of the architecture in Italy. Thank you to the talented team at Inscribing Atlantis who helped bring this dynamic work to life! Alice Wexell and I are very grateful, thankful, and excited for what's to come.

Ryan Koopmans

20,562 views • 2 years ago

🚨JUST IN: ADAM BACK NAMED AS POSSIBLE BITCOIN CREATOR SATOSHI NAKAMOTO After more than a year of investigation, the New York Times has published a report identifying British cryptographer Adam Back as the most likely candidate to be Bitcoin's pseudonymous creator Satoshi Nakamoto. The paper's evidence spans thousands of decades-old internet postings, computational linguistic analysis, and a timeline of technical contributions. Per reports, Back invented Hashcash, proposed decentralized electronic cash in Cypherpunk emails during the late 1990s, and outlined a node-based network architecture that Satoshi later executed almost identically. He was reportedly everywhere in discussions about digital cash for over a decade and then vanished entirely the moment Bitcoin was born. Back denies all of it.

🚨JUST IN: ADAM BACK NAMED AS POSSIBLE BITCOIN CREATOR SATOSHI NAKAMOTO After more than a year of investigation, the New York Times has published a report identifying British cryptographer Adam Back as the most likely candidate to be Bitcoin's pseudonymous creator Satoshi Nakamoto. The paper's evidence spans thousands of decades-old internet postings, computational linguistic analysis, and a timeline of technical contributions. Per reports, Back invented Hashcash, proposed decentralized electronic cash in Cypherpunk emails during the late 1990s, and outlined a node-based network architecture that Satoshi later executed almost identically. He was reportedly everywhere in discussions about digital cash for over a decade and then vanished entirely the moment Bitcoin was born. Back denies all of it.

BSCN

180,741 views • 4 months ago

📉DOWN BAD: GRANT CARDONE'S BITCOIN BAG REPORTEDLY DOWN $45 MILLION Cardone revealed that he owns approximately 2,000 $BTC, purchased at an average price of $92,000 for a total of about $184 million. Given the market conditions, this would make Grant Cardone's investment to be held at a loss around $45 million The real estate mogul remains unbothered though, saying he is a long-term believer in $BTC and believes time will prove he was correct

📉DOWN BAD: GRANT CARDONE'S BITCOIN BAG REPORTEDLY DOWN $45 MILLION Cardone revealed that he owns approximately 2,000 $BTC, purchased at an average price of $92,000 for a total of about $184 million. Given the market conditions, this would make Grant Cardone's investment to be held at a loss around $45 million The real estate mogul remains unbothered though, saying he is a long-term believer in $BTC and believes time will prove he was correct

BSCN

10,969 views • 4 months ago

satoshi never existed. nobody writes code like that. not that clean, not that surgical. the early bitcoin codebase doesn’t read like code from some anonymous guy on the internet. bitcoin's early codebase looks like it was handed to us. the whitepaper came out six weeks after the 2008 crash. that's not enough time to dream up a working distributed consensus system, let alone build one. then there’s secp256k1. not secp256r1, the curve everybody used. k1 was obscure, weird, and a terrible choice if you were just following convention. but it also happened to be one of the hardest to backdoor. and then satoshi disappears. roughly a million btc, untouched. people don’t walk away from that kind of money unless the money was never the point. because maybe bitcoin was never just money. what it actually did was create a global incentive to build compute. millions of people, in every country, pouring capital into hardware and electricity to chase block rewards. no state could have coordinated it that fast. no company could have justified it. a protocol paying out internet money gets people moving. then nvidia happened. the same GPUs pushed into the world for mining turned out to be perfect for large-scale parallel compute. the same hardware appetite bitcoin created ended up helping make modern deep learning possible. bitcoin launches in 2009. imagenet breaks things open in 2012. three years. bitcoin was the bootloader. and we’ve been running the install script.

satoshi never existed. nobody writes code like that. not that clean, not that surgical. the early bitcoin codebase doesn’t read like code from some anonymous guy on the internet. bitcoin's early codebase looks like it was handed to us. the whitepaper came out six weeks after the 2008 crash. that's not enough time to dream up a working distributed consensus system, let alone build one. then there’s secp256k1. not secp256r1, the curve everybody used. k1 was obscure, weird, and a terrible choice if you were just following convention. but it also happened to be one of the hardest to backdoor. and then satoshi disappears. roughly a million btc, untouched. people don’t walk away from that kind of money unless the money was never the point. because maybe bitcoin was never just money. what it actually did was create a global incentive to build compute. millions of people, in every country, pouring capital into hardware and electricity to chase block rewards. no state could have coordinated it that fast. no company could have justified it. a protocol paying out internet money gets people moving. then nvidia happened. the same GPUs pushed into the world for mining turned out to be perfect for large-scale parallel compute. the same hardware appetite bitcoin created ended up helping make modern deep learning possible. bitcoin launches in 2009. imagenet breaks things open in 2012. three years. bitcoin was the bootloader. and we’ve been running the install script.

tetsuo

53,736 views • 4 months ago

This is how I’ll know the exact Bitcoin bottom is in. The 2022 pattern points to October–December. And there is only one way to confirm it: Sentiment. Wait for the crowd to scream that Bitcoin is finished. Wait for the loudest bulls to finally break. And this cycle already has one perfect signal: Michael Saylor. The crowd was trained to believe he would never sell. Strategy would always buy. Institutions would always save Bitcoin. That belief is the trap. Retail always does the same thing: They follow the loudest bull at the worst possible time. When that bull breaks, retail breaks with him. That is when sentiment hits the floor. That is when we buy. I’ll make sure you know when it happens. Reminder: I’ve called all the market tops and bottoms for the last 15 years, including the Bitcoin bottom at $16,000 and the top at $126,000. The next call will be even more important. I’ll post it here publicly like I always do. Turn notifications on. If you’re not following yet, you’ll understand why that was a mistake later.

This is how I’ll know the exact Bitcoin bottom is in. The 2022 pattern points to October–December. And there is only one way to confirm it: Sentiment. Wait for the crowd to scream that Bitcoin is finished. Wait for the loudest bulls to finally break. And this cycle already has one perfect signal: Michael Saylor. The crowd was trained to believe he would never sell. Strategy would always buy. Institutions would always save Bitcoin. That belief is the trap. Retail always does the same thing: They follow the loudest bull at the worst possible time. When that bull breaks, retail breaks with him. That is when sentiment hits the floor. That is when we buy. I’ll make sure you know when it happens. Reminder: I’ve called all the market tops and bottoms for the last 15 years, including the Bitcoin bottom at $16,000 and the top at $126,000. The next call will be even more important. I’ll post it here publicly like I always do. Turn notifications on. If you’re not following yet, you’ll understand why that was a mistake later.

Alex Mason 👁△

89,148 views • 2 months ago

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.

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 ⚡

142,587 views • 2 months ago

Happy Bitcoin Pizza Day 🍕 Today is a reminder of how far crypto has come, from 10,000 BTC for two pizzas to a global movement connecting millions of people. At LBank, we wanted to celebrate this day with something special for our users, so here’s a small unboxing of the Pizza Day gift box we prepared. Can’t wait for our community to receive these. We put real care into every detail, because our users deserve more than just campaigns, they deserve moments worth remembering. #LBank #BitcoinPizzaDay #Bitcoin

Happy Bitcoin Pizza Day 🍕 Today is a reminder of how far crypto has come, from 10,000 BTC for two pizzas to a global movement connecting millions of people. At LBank, we wanted to celebrate this day with something special for our users, so here’s a small unboxing of the Pizza Day gift box we prepared. Can’t wait for our community to receive these. We put real care into every detail, because our users deserve more than just campaigns, they deserve moments worth remembering. #LBank #BitcoinPizzaDay #Bitcoin

Eric He | LBank

16,045 views • 2 months ago

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.

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 views • 2 months ago

The wait is over. The People’s Launchpad is now LIVE! First up on our launchpad is Merlin Chain, a Bitcoin Layer-2 solution that integrates ZK-Rollups, a decentralized oracle network, and on-chain BTC fraud-proof modules to make Bitcoin fun again. 🟣 Ticker: $MERL 🟣 Total Prize Pool: $1,000 for 21,000,000 $MERL (1% of total token supply) 🟣 Token Listing at $100,000 Fully Diluted Valuation (FDV) 1️⃣ Instructions to participate: To get an allocation on $MERL tokens, you'll need to accumulate Power on our Launchpad. The more Power you have, the higher your allocation. $BTC and $ALLY holders will have 5 days to accrue Power. 2️⃣ You can get Power through each/combination of the 3 methods: 1. Holding $BTC on Merlin Chain's Mainnet 2. Staking $ALLY. Power is accrued based on the amount and length of stake 3. Referring users to participate in the campaign and completing community tasks 3️⃣ Timeline: ◢ Period for accumulating Power: 5 - 10 Feb (12pm UTC). ◢ Redemption Period 10 - 11 Feb (12pm UTC). ◢ Tokens will be distributed once Merlin Chain's tokens are released. 📢 Note: This Launchpad includes multiple dynamics, such as bridging to a Bitcoin L2 chain, that will be unique for most users. As such, we strongly recommend reading our participation guide at

The wait is over. The People’s Launchpad is now LIVE! First up on our launchpad is Merlin Chain, a Bitcoin Layer-2 solution that integrates ZK-Rollups, a decentralized oracle network, and on-chain BTC fraud-proof modules to make Bitcoin fun again. 🟣 Ticker: $MERL 🟣 Total Prize Pool: $1,000 for 21,000,000 $MERL (1% of total token supply) 🟣 Token Listing at $100,000 Fully Diluted Valuation (FDV) 1️⃣ Instructions to participate: To get an allocation on $MERL tokens, you'll need to accumulate Power on our Launchpad. The more Power you have, the higher your allocation. $BTC and $ALLY holders will have 5 days to accrue Power. 2️⃣ You can get Power through each/combination of the 3 methods: 1. Holding $BTC on Merlin Chain's Mainnet 2. Staking $ALLY. Power is accrued based on the amount and length of stake 3. Referring users to participate in the campaign and completing community tasks 3️⃣ Timeline: ◢ Period for accumulating Power: 5 - 10 Feb (12pm UTC). ◢ Redemption Period 10 - 11 Feb (12pm UTC). ◢ Tokens will be distributed once Merlin Chain's tokens are released. 📢 Note: This Launchpad includes multiple dynamics, such as bridging to a Bitcoin L2 chain, that will be unique for most users. As such, we strongly recommend reading our participation guide at

Particle Network

1,828,681 views • 2 years ago

🚨 THIS IS INSANE This is Bitcoin’s 2021 cycle overlaid on the current $BTC chart. And the overlap is almost PERFECT. Every week, I come back expecting the pattern to finally break. It does NOT. Bitcoin keeps following the same structure: → Same final pump → Same cycle top → Same violent rejection → Same first major correction → Same weak recovery → Same setup before the real capitulation Now look at the numbers. 2021 cycle: → $BTC peaked near $69K → Dropped around 77% → Bottomed near $15.5K → The bear market lasted more than a year Current cycle: → $BTC peaked near $126K → The first major breakdown has already happened → Every recovery is getting weaker → The structure still points toward $40K That is exactly how the previous Bitcoin bear market developed. I’m not saying $BTC must repeat the 2021 cycle tick for tick. But when two cycle structures track this closely for this long, ignoring it becomes dangerous. Most people will turn bullish after every bounce. They did exactly the same thing in 2022. The real bottom only forms when almost everyone has lost hope. What are your thoughts on this? Follow and turn notifications on. I’ll post the warning BEFORE the final capitulation begins.

🚨 THIS IS INSANE This is Bitcoin’s 2021 cycle overlaid on the current $BTC chart. And the overlap is almost PERFECT. Every week, I come back expecting the pattern to finally break. It does NOT. Bitcoin keeps following the same structure: → Same final pump → Same cycle top → Same violent rejection → Same first major correction → Same weak recovery → Same setup before the real capitulation Now look at the numbers. 2021 cycle: → $BTC peaked near $69K → Dropped around 77% → Bottomed near $15.5K → The bear market lasted more than a year Current cycle: → $BTC peaked near $126K → The first major breakdown has already happened → Every recovery is getting weaker → The structure still points toward $40K That is exactly how the previous Bitcoin bear market developed. I’m not saying $BTC must repeat the 2021 cycle tick for tick. But when two cycle structures track this closely for this long, ignoring it becomes dangerous. Most people will turn bullish after every bounce. They did exactly the same thing in 2022. The real bottom only forms when almost everyone has lost hope. What are your thoughts on this? Follow and turn notifications on. I’ll post the warning BEFORE the final capitulation begins.

Wimar.X

131,308 views • 20 days ago