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Exclusive: YouTube-native indie sci-fi comedy 'Sunny Side Down' debuts its finale today after a three-year production, closing out a six-episode run that has already racked up more than 1.2 million views.

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Cartoon Brew

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54,136 просмотров • 4 месяцев назад •via X (Twitter)

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😼 A 21-year-old student from the Philippines makes absurd AI cat videos and earns $9,000 a month For creating 3D character models, Mark Garilao uses ChatGPT, and for video production — the KlingAI program. His channel now has nearly 600,000 subscribers, and the videos have racked up almost 500 million views. Garilao says his YouTube took off when he added “brainrot” meme characters — bizarre AI-generated creatures — into his cat videos.
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😼 A 21-year-old student from the Philippines makes absurd AI cat videos and earns $9,000 a month For creating 3D character models, Mark Garilao uses ChatGPT, and for video production — the KlingAI program. His channel now has nearly 600,000 subscribers, and the videos have racked up almost 500 million views. Garilao says his YouTube took off when he added “brainrot” meme characters — bizarre AI-generated creatures — into his cat videos.

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Kaja Kallas: The greatest threat Russia presents right now is that it gains more at the negotiation table than it has achieved on the battlefield. Russia is no superpower. After more than a decade of conflict, including four years of full-scale war in Ukraine, Russia has barely advanced beyond the 2014 lines. And the cost? 1.2 million casualties. Today, Russia is broken. Its economy is in shreds. It is disconnecting from the European energy markets, and its own citizens are fleeing.
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Kaja Kallas: The greatest threat Russia presents right now is that it gains more at the negotiation table than it has achieved on the battlefield. Russia is no superpower. After more than a decade of conflict, including four years of full-scale war in Ukraine, Russia has barely advanced beyond the 2014 lines. And the cost? 1.2 million casualties. Today, Russia is broken. Its economy is in shreds. It is disconnecting from the European energy markets, and its own citizens are fleeing.

Anton Gerashchenko

162,068 просмотров • 6 месяцев назад

THE PETITION AGAINST SONY JUST PASSED 100k SIGNATURES. it went from 12,000 to six figures in four days. - the number has a precedent: Dark Souls got its PC port in 2012 after a petition of nearly 100,000 - and Bandai Namco credited the fans directly - it's not one petition anymore: Push Square counts at least 15 separate campaigns demanding a reversal - sony's own announcement post now carries a community note spelling out that a digital purchase is a license, not ownership - more replies than likes, 127 million views - meanwhile in Austria, Sony's disc plant is already converting: 300 workers are retraining to make optical microlenses, with mass production set for early 2027 - a year before discs officially die, per ORF 100,000 signatures ask Sony to keep making the disc. the factory that makes it is already learning to make something else.
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THE PETITION AGAINST SONY JUST PASSED 100k SIGNATURES. it went from 12,000 to six figures in four days. - the number has a precedent: Dark Souls got its PC port in 2012 after a petition of nearly 100,000 - and Bandai Namco credited the fans directly - it's not one petition anymore: Push Square counts at least 15 separate campaigns demanding a reversal - sony's own announcement post now carries a community note spelling out that a digital purchase is a license, not ownership - more replies than likes, 127 million views - meanwhile in Austria, Sony's disc plant is already converting: 300 workers are retraining to make optical microlenses, with mass production set for early 2027 - a year before discs officially die, per ORF 100,000 signatures ask Sony to keep making the disc. the factory that makes it is already learning to make something else.

frostzy

169,589 просмотров • 2 месяцев назад

Aura Memecoin Frenzy On Solana Picks Up Pace AURA has surged roughly 50% over the past 24 hours, reaching $0.0246. The Solana based memecoin is now up more than 110% over seven days. Its market capitalization has climbed to approximately $23 million during the rally. solana:DtR4D9FtVoTX2569gaL837ZgrB6wNjj6tkmnX9Rdk9B2 draws its identity from the viral social media trend around “aura points.” The project turns that cultural meme into a community driven token ecosystem. Its ecosystem also includes a native meme generator designed to drive community engagement.
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Aura Memecoin Frenzy On Solana Picks Up Pace AURA has surged roughly 50% over the past 24 hours, reaching $0.0246. The Solana based memecoin is now up more than 110% over seven days. Its market capitalization has climbed to approximately $23 million during the rally. solana:DtR4D9FtVoTX2569gaL837ZgrB6wNjj6tkmnX9Rdk9B2 draws its identity from the viral social media trend around “aura points.” The project turns that cultural meme into a community driven token ecosystem. Its ecosystem also includes a native meme generator designed to drive community engagement.

BSCN

18,467 просмотров • 12 дней назад

So apparently Apple has begun production of a variable aperture camera for the iPhone 18 Pro Max. This would let the lens physically change its aperture depending on lighting, opening up in low light and narrowing in bright scenes. The result should be better exposure control and more natural depth of field. Korean publication ETNews reports that Sunny Optical has already started producing the tiny actuators responsible for this movement with full camera module assembly expected to kick off in early summer. It’s happening! Concept video by fpt./YouTube
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So apparently Apple has begun production of a variable aperture camera for the iPhone 18 Pro Max. This would let the lens physically change its aperture depending on lighting, opening up in low light and narrowing in bright scenes. The result should be better exposure control and more natural depth of field. Korean publication ETNews reports that Sunny Optical has already started producing the tiny actuators responsible for this movement with full camera module assembly expected to kick off in early summer. It’s happening! Concept video by fpt./YouTube

Shishir

183,860 просмотров • 4 месяцев назад

Core steps its block reward down every year instead of halving it Core DAO 🔶 caps coredaoorg:native at 2.1 billion tokens, a figure its documentation describes as exactly 100 times Bitcoin's 21 million. New supply enters through block rewards, the tokens paid to the validators producing each block, spread across an 81-year schedule per Core's whitepaper. Rather than cutting the reward in half every four years the way Bitcoin does, Core steps its emission rate down at every 10,512,000th block. At the network's roughly three-second block time, that lands about once a year. Each step is far smaller than a Bitcoin halving but is more frequent, with the schedule running until the full 2.1 billion cap is distributed.
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Core steps its block reward down every year instead of halving it Core DAO 🔶 caps coredaoorg:native at 2.1 billion tokens, a figure its documentation describes as exactly 100 times Bitcoin's 21 million. New supply enters through block rewards, the tokens paid to the validators producing each block, spread across an 81-year schedule per Core's whitepaper. Rather than cutting the reward in half every four years the way Bitcoin does, Core steps its emission rate down at every 10,512,000th block. At the network's roughly three-second block time, that lands about once a year. Each step is far smaller than a Bitcoin halving but is more frequent, with the schedule running until the full 2.1 billion cap is distributed.

BSCN

106,065 просмотров • 12 дней назад

Is Ankr about to give back to holders of the $ANKR token...?! Ankr, a leading blockchain infrastructure platform, says that it has "built something for $ANKR holders", "Coming soon" Details are yet to emerge but it seems likely to new reveal will seek out ways to direct value to holders of the platform's native token. For context, $ANKR's price is down more than -78% over the past year and is down to a ~$36M market cap. Its all time high value is over $1.2B, set in late 2021.
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Is Ankr about to give back to holders of the $ANKR token...?! Ankr, a leading blockchain infrastructure platform, says that it has "built something for $ANKR holders", "Coming soon" Details are yet to emerge but it seems likely to new reveal will seek out ways to direct value to holders of the platform's native token. For context, $ANKR's price is down more than -78% over the past year and is down to a ~$36M market cap. Its all time high value is over $1.2B, set in late 2021.

BSCN

14,638 просмотров • 1 месяц назад

The Celo Ethereum L2 has been ON FIRE in 2026 so far. Since transitioning to an Ethereum Layer-2 network, Celo has been on a tear. We’ve picked some of its biggest milestones from 2026 that you might have missed… (1) The network has now processed a total of more than 1.3 billion transactions [1.329 billion to be more precise]. Suffice to say this figure speaks for itself. (2) A peak daily user count of ~840,000 made Celo one of the most used Ethereum L2 networks in existence. The data comes from a report published on Bitget in April 2026, that report also pointing to a peak of some ~1.3 million monthly active users. (3) MiniPay, the stablecoin-focused wallet built on $CELO, now has more than 15 million registered wallets and has facilitated over 420 million transactions. Given its traction, MiniPay has become a key method for onboarding non-crypto-native users to the Celo ecosystem. (4) Celo’s network revenue has exploded, reaching an all-time high of ~$18,600 on May 18 of this year. On an annualised basis, this works out to an impressive $6.785 million according to growthepie 🥧📏. It equates to an increase of +218% over the past year and is the result of Celo’s tokenomic changes, one of which involved increasing the network’s base fee (something that Celo has achieved while maintaining sub-cent transaction costs).
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The Celo Ethereum L2 has been ON FIRE in 2026 so far. Since transitioning to an Ethereum Layer-2 network, Celo has been on a tear. We’ve picked some of its biggest milestones from 2026 that you might have missed… (1) The network has now processed a total of more than 1.3 billion transactions [1.329 billion to be more precise]. Suffice to say this figure speaks for itself. (2) A peak daily user count of ~840,000 made Celo one of the most used Ethereum L2 networks in existence. The data comes from a report published on Bitget in April 2026, that report also pointing to a peak of some ~1.3 million monthly active users. (3) MiniPay, the stablecoin-focused wallet built on $CELO, now has more than 15 million registered wallets and has facilitated over 420 million transactions. Given its traction, MiniPay has become a key method for onboarding non-crypto-native users to the Celo ecosystem. (4) Celo’s network revenue has exploded, reaching an all-time high of ~$18,600 on May 18 of this year. On an annualised basis, this works out to an impressive $6.785 million according to growthepie 🥧📏. It equates to an increase of +218% over the past year and is the result of Celo’s tokenomic changes, one of which involved increasing the network’s base fee (something that Celo has achieved while maintaining sub-cent transaction costs).

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Cardano Faces ‘Wave Of Failures’ Cardano (Cardano Community) founder Charles Hoskinson (Charles Hoskinson) warned that more projects and firms in the ecosystem could shut down this year as market conditions worsen. “I said at the beginning of the year, we’re going to see a lot of people collapse because the markets are really bad,” Hoskinson said. “There’s going to be a wave of failures in the ecosystem.” The comments came after Cardano analytics platform TapTools announced it was sunsetting operations after four years. $ADA has fallen to around $0.20, its lowest level in more than five years, and is down over 93% from its 2021 peak.
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Cardano Faces ‘Wave Of Failures’ Cardano (Cardano Community) founder Charles Hoskinson (Charles Hoskinson) warned that more projects and firms in the ecosystem could shut down this year as market conditions worsen. “I said at the beginning of the year, we’re going to see a lot of people collapse because the markets are really bad,” Hoskinson said. “There’s going to be a wave of failures in the ecosystem.” The comments came after Cardano analytics platform TapTools announced it was sunsetting operations after four years. $ADA has fallen to around $0.20, its lowest level in more than five years, and is down over 93% from its 2021 peak.

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50,820 просмотров • 3 месяцев назад

Jamaica braces for disaster as powerful Hurricane Melissa approaches Hurricane Melissa, a Category 5 storm — the strongest in the world this year and possibly in Jamaica’s history — is closing in on the island. According to the U.S. National Hurricane Center, winds have reached 280 km/h, and massive waves and rainfall could trigger catastrophic flooding. The “storm of the century” has already claimed three lives in Jamaica, while four more people have died in Haiti and the Dominican Republic. The Red Cross estimates that up to 1.5 million people could be affected. The prime minister has ordered the evacuation of coastal areas. Authorities warn of potential landslides, tornadoes, and severe destruction. Tens of thousands are already without power on the island, and more than 500,000 people have been evacuated in Cuba.
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Jamaica braces for disaster as powerful Hurricane Melissa approaches Hurricane Melissa, a Category 5 storm — the strongest in the world this year and possibly in Jamaica’s history — is closing in on the island. According to the U.S. National Hurricane Center, winds have reached 280 km/h, and massive waves and rainfall could trigger catastrophic flooding. The “storm of the century” has already claimed three lives in Jamaica, while four more people have died in Haiti and the Dominican Republic. The Red Cross estimates that up to 1.5 million people could be affected. The prime minister has ordered the evacuation of coastal areas. Authorities warn of potential landslides, tornadoes, and severe destruction. Tens of thousands are already without power on the island, and more than 500,000 people have been evacuated in Cuba.

NEXTA

46,353 просмотров • 10 месяцев назад

before The Best Thing aired, all I wished for was a smooth broadcast at the right time. it was an A level drama adapted from a small IP with a small budget as it didn't have many promotions materials back then before airing. but surprisingly, during the airing, it was well received by the viewers. it achieved S+ rating and got more than 3 million rmb revenue from its merchandise. it became the only modern drama to maintain a long post-airing tail, with over +11 million views per episode even after its peak period ended. clearly shows that there are lots of new viewers and it has strong rewatch value. now, it has even become the most watched cdrama on iQIYI in 2025. congratulations to all casts & crew for these achievements🎉 also thank you for finding your way into my spring last year and warming it so gently, The Best Thing♡
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before The Best Thing aired, all I wished for was a smooth broadcast at the right time. it was an A level drama adapted from a small IP with a small budget as it didn't have many promotions materials back then before airing. but surprisingly, during the airing, it was well received by the viewers. it achieved S+ rating and got more than 3 million rmb revenue from its merchandise. it became the only modern drama to maintain a long post-airing tail, with over +11 million views per episode even after its peak period ended. clearly shows that there are lots of new viewers and it has strong rewatch value. now, it has even become the most watched cdrama on iQIYI in 2025. congratulations to all casts & crew for these achievements🎉 also thank you for finding your way into my spring last year and warming it so gently, The Best Thing♡

张凌赫的小核桃𖹭

28,942 просмотров • 7 месяцев назад

variety of things happened to me today 🎉💵🤒 I finally did it with 1 million catches! Thank you very much for joined my 1m catches lobby and dressing up like me. I already capture everyone who dressing up like me. I will make a separate post because I feeling bad during the day because caught covid-19 🤒 I need more rest after today 🫠 Despite all the events that happened today, I won the lottery. It's in not a huge amount, but it's enough for my accommodation in Sendai for the end of the year 😁😁
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variety of things happened to me today 🎉💵🤒 I finally did it with 1 million catches! Thank you very much for joined my 1m catches lobby and dressing up like me. I already capture everyone who dressing up like me. I will make a separate post because I feeling bad during the day because caught covid-19 🤒 I need more rest after today 🫠 Despite all the events that happened today, I won the lottery. It's in not a huge amount, but it's enough for my accommodation in Sendai for the end of the year 😁😁

Beerzonline 🇹🇭 🔜 Go Wild Sendai 🇯🇵

15,789 просмотров • 23 дней назад

Today is Maki's birthday! She is the kind of student who always has a spray can in hand, itching to add color to every blank wall she passes. If something looks fun, she will happily forget the rules for a moment, but underneath it all is a pure wish to make the world a little brighter and more cheerful. Even as she stirs up mischief here and there, she has a delicate side that worries more than anyone about troubling or disappointing Sensei. She is full of bright ideas and dazzling talent, though about half of that inspiration seems to come to her only when Sensei is nearby. Today she may have quietly picked out a special color just for Sensei. She is probably keeping one stretch of wall empty, waiting for the moment to paint it together. So today, why not go and find her first, and fill that wall side by side. #BlueArchive
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Today is Maki's birthday! She is the kind of student who always has a spray can in hand, itching to add color to every blank wall she passes. If something looks fun, she will happily forget the rules for a moment, but underneath it all is a pure wish to make the world a little brighter and more cheerful. Even as she stirs up mischief here and there, she has a delicate side that worries more than anyone about troubling or disappointing Sensei. She is full of bright ideas and dazzling talent, though about half of that inspiration seems to come to her only when Sensei is nearby. Today she may have quietly picked out a special color just for Sensei. She is probably keeping one stretch of wall empty, waiting for the moment to paint it together. So today, why not go and find her first, and fill that wall side by side. #BlueArchive

BlueArchive

62,721 просмотров • 1 месяц назад

Don't worry...oil prices will go down. The US has a Strategic Petroleum Reserve that we refilled... Remember, Trump said, “right up to the top again.” Except, we didn't....we don't have the oil... The reserve currently holds 415 million barrels—barely half its 714 million-barrel capacity—after the Biden administration drew it down heavily in 2022 to contain prices following 🇷🇺Russia’s invasion of 🇺🇦Ukraine. Trump had cheap oil and a full year to replenish it. But Congress allocated less than $171 million of the $20 billion the energy secretary requested, and the administration made only token purchases. Anyone know any good escorts? For oil tankers, I mean. Is there anyone competent in the US leadership?
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Don't worry...oil prices will go down. The US has a Strategic Petroleum Reserve that we refilled... Remember, Trump said, “right up to the top again.” Except, we didn't....we don't have the oil... The reserve currently holds 415 million barrels—barely half its 714 million-barrel capacity—after the Biden administration drew it down heavily in 2022 to contain prices following 🇷🇺Russia’s invasion of 🇺🇦Ukraine. Trump had cheap oil and a full year to replenish it. But Congress allocated less than $171 million of the $20 billion the energy secretary requested, and the administration made only token purchases. Anyone know any good escorts? For oil tankers, I mean. Is there anyone competent in the US leadership?

Ryan Milton 弥瑞恩

17,315 просмотров • 6 месяцев назад

What is the Amalgaverse? The Amalgaverse is a fictional shared universe of fictional SF universes that will serve as the setting for a series of missions that will play out as episodic adventures in the style of the beloved ship-based sci-fi shows of the 90's. How will these missions play out? The missions will play out in the form of an online choose-your-own-adventure format with fan voting driving the narrative. YOU choose the missions. YOU select the away teams. YOU make the decisions that shape each adventure. How elaborate is each mission? Each mission has been designed like an episode of sci-fi television complete with twists, turns, shocks, and surprises. Five acts. At least five beats per act. A beginning, middle, and ending. Just like the old days! How many missions have you designed? Since these missions will play out like episodes from those beloved ship-based sci-fi shows of the 90's, I've structured a similar rollout. Ten missions to start followed by a brief hiatus after which the back half ten episodes will unfold. 20 missions/episodes in total. That will be our first season. And depending on fan response, a second season could be in the cards. This seems like a lot of work. Why are you doing this? I'm tired of crafting stories (pitches, pilots scripts, series bibles) that never see the light of day, always subject to the whims of gormless executives. Science fiction is a tough sell. Far future sci-fi, tougher still. Far future ship-based sci-fi, toughest of all. But that's my jam. And I've missed it. So this allows me to do what I do best, exercise those creative muscles, and hopefully give SF fans something to look forward to with every mission. For entertainment purposes only of course. But, characters aside, couldn't you just turn these stories into a script you can try selling or a book you could publish? Wouldn't that be more lucrative? Yes, absolutely, but, as I said, the prospect of selling a far future ship-based sci-fi series is so remote that I'd prefer the fun and the satisfaction of this exercise over the prospect of writing yet another script that will just end up on a digital shelf. And, yes, I could write a book - but that would require more time and effort than I am willing to commit at this time. Okay, enough questions. When do we get started? The adventures begin Monday, September 21st at 12:01 E.T., here on X. Set a reminder and turn on notifications so you don't miss a beat!
0:10

What is the Amalgaverse? The Amalgaverse is a fictional shared universe of fictional SF universes that will serve as the setting for a series of missions that will play out as episodic adventures in the style of the beloved ship-based sci-fi shows of the 90's. How will these missions play out? The missions will play out in the form of an online choose-your-own-adventure format with fan voting driving the narrative. YOU choose the missions. YOU select the away teams. YOU make the decisions that shape each adventure. How elaborate is each mission? Each mission has been designed like an episode of sci-fi television complete with twists, turns, shocks, and surprises. Five acts. At least five beats per act. A beginning, middle, and ending. Just like the old days! How many missions have you designed? Since these missions will play out like episodes from those beloved ship-based sci-fi shows of the 90's, I've structured a similar rollout. Ten missions to start followed by a brief hiatus after which the back half ten episodes will unfold. 20 missions/episodes in total. That will be our first season. And depending on fan response, a second season could be in the cards. This seems like a lot of work. Why are you doing this? I'm tired of crafting stories (pitches, pilots scripts, series bibles) that never see the light of day, always subject to the whims of gormless executives. Science fiction is a tough sell. Far future sci-fi, tougher still. Far future ship-based sci-fi, toughest of all. But that's my jam. And I've missed it. So this allows me to do what I do best, exercise those creative muscles, and hopefully give SF fans something to look forward to with every mission. For entertainment purposes only of course. But, characters aside, couldn't you just turn these stories into a script you can try selling or a book you could publish? Wouldn't that be more lucrative? Yes, absolutely, but, as I said, the prospect of selling a far future ship-based sci-fi series is so remote that I'd prefer the fun and the satisfaction of this exercise over the prospect of writing yet another script that will just end up on a digital shelf. And, yes, I could write a book - but that would require more time and effort than I am willing to commit at this time. Okay, enough questions. When do we get started? The adventures begin Monday, September 21st at 12:01 E.T., here on X. Set a reminder and turn on notifications so you don't miss a beat!

Joseph Mallozzi 🏴‍☠️

48,340 просмотров • 1 день назад

California schools are closing as enrollment collapses across the state. More than 19,000 students are starting the year without a school after nearly 75,000 kids disappeared from the system in a single year. The state’s population also edged down. Families are leaving, the birth rate has cratered, and the classrooms are going dark. This isn’t a funding problem. California spends record amounts on education. It’s a people problem. When the cost of living drives families out and the birth rate falls far below replacement, the buildings eventually empty no matter how much money you throw at them. Demographics don’t negotiate. They just win.
0:15

California schools are closing as enrollment collapses across the state. More than 19,000 students are starting the year without a school after nearly 75,000 kids disappeared from the system in a single year. The state’s population also edged down. Families are leaving, the birth rate has cratered, and the classrooms are going dark. This isn’t a funding problem. California spends record amounts on education. It’s a people problem. When the cost of living drives families out and the birth rate falls far below replacement, the buildings eventually empty no matter how much money you throw at them. Demographics don’t negotiate. They just win.

Paul A. Szypula 🇺🇸

12,569 просмотров • 22 дней назад

STRIPE-OWNED BRIDGE GOES LIVE WITH CELO SUPPORT Bridge Bridge, which is owned by the Stripe payments giant, today added support for leading Ethereum L2 Celo. Bridge's decision to extend its stablecoin orchestration platform to $CELO is no coincidence, the network boasting some incredible metrics already... • 1.3 billion total transactions • >$65 billion in stablecoin volume since March '25 • 25 native stablecoin assets on the chain ... and many more besides. According to an official release, Celo's emphasis on stablecoins dates back some six years to its launch in 2020, well before other networks adopted the stablecoin narrative. A clear case study when it comes to stablecoin adoption on Celo is MiniPay - Opera's self-custodial wallet platform, which has already driven a staggering 400 million stablecoin transactions on the network.
0:16

STRIPE-OWNED BRIDGE GOES LIVE WITH CELO SUPPORT Bridge Bridge, which is owned by the Stripe payments giant, today added support for leading Ethereum L2 Celo. Bridge's decision to extend its stablecoin orchestration platform to $CELO is no coincidence, the network boasting some incredible metrics already... • 1.3 billion total transactions • >$65 billion in stablecoin volume since March '25 • 25 native stablecoin assets on the chain ... and many more besides. According to an official release, Celo's emphasis on stablecoins dates back some six years to its launch in 2020, well before other networks adopted the stablecoin narrative. A clear case study when it comes to stablecoin adoption on Celo is MiniPay - Opera's self-custodial wallet platform, which has already driven a staggering 400 million stablecoin transactions on the network.

BSCN

11,303 просмотров • 4 месяцев назад

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.
0:10

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 просмотров • 3 месяцев назад

Toronto's new members breakfast last Friday. Everyone in the room joined in the last couple of months. Coffee, introductions, and a proper look at how to use the membership rather than working it out on your own six months in. The main thing people leave with is faces. Walking into your first dinner already knowing three or four people changes how the rest of the year goes. That first introduction is the part that decides how much someone gets out of their year. So we don't leave it to chance. Everyone in the room is running a business doing 7-9 figures, among 1,800+ vetted founders across North America. If you want to be part of it, book an intro call today. Link in bio.
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Toronto's new members breakfast last Friday. Everyone in the room joined in the last couple of months. Coffee, introductions, and a proper look at how to use the membership rather than working it out on your own six months in. The main thing people leave with is faces. Walking into your first dinner already knowing three or four people changes how the rest of the year goes. That first introduction is the part that decides how much someone gets out of their year. So we don't leave it to chance. Everyone in the room is running a business doing 7-9 figures, among 1,800+ vetted founders across North America. If you want to be part of it, book an intro call today. Link in bio.

The Founders Club

28,283 просмотров • 4 дней назад