We are proud to share that @402TLabs has been included in @f6s “7 Top Bitcoin Companies and Startups in Spain – December 2025.”
It is an honor to be recognized alongside such innovative teams and forward-thinking organizations in the Bitcoin ecosystem.
https://t.co/e2yp1JM8B1
Thanks for the mention to our Interplanetary Bitcoin paper, @philippeherlin! Carlos Puente is my son, and I'm proud to have co-authored this research with him. We believe the challenges of extending Bitcoin across planetary distances deserve serious consideration as humanity expands beyond Earth.
Honored to see @402TLabs ranked #8 on @F6S’s list of top companies in Vigo 🇪🇸
Thanks to F6S for the recognition, onward and upward 🚀
https://t.co/rKBwPFFOAy
@Ellieinspace @PhilipJohnston@starcloud_ Nice interview. We published a report last week on the current state, economics, and outlook of space-based data centers: https://t.co/1Siof7ZHXl
Today the letter from @Strategy to @MSCI_Inc lands hard: it argues that companies holding digital-asset treasuries are being misunderstood, and that excluding them from global indices would misstate what modern corporate balance sheets can include. Strategy frames Bitcoin treasuries as active, operating businesses, building a new layer of financial infrastructure, not passive funds.
But the index debate still misses a crucial second point. If Bitcoin treasuries are becoming part of mainstream capital markets, the industry must raise the bar on transparency. Traditional proof-of-reserves doesn’t cut it for complex treasuries, and anyone building at scale knows it.
That’s why, in our new paper, we lay out the Treasury Proof Ledger (https://t.co/lmNMy4JD5G). TPL treats a treasury as a full exposure state machine: spot holdings, custodians, lending books, derivatives, encumbrances, fee sinks, even cross-entity flows, all anchored to Bitcoin. It gives a concrete, auditable way to prove exposure soundness and consistency, without exposing wallet maps or trading strategies.
If MSCI and other standard-setters want a real framework that matches what Bitcoin treasuries are becoming, this is it. TPL gives them a foundation for accountable, transparent, institutional-scale treasuries.
The index debate will play out. But the real conversation starts now: what does responsible treasury disclosure look like for companies with real digital-asset balance sheets, and how do we give that disclosure a cryptographic backbone worthy of its importance?
@gmekhail@khingoei@ColeMacro@samcallah Great to see this level of focus on treasury strategy. For anyone exploring the mechanics behind accountable BTC treasuries, our recent work might be useful: https://t.co/e1ZUARScyl
@CVJournal_ch_EN@NYSE A noteworthy move for the Bitcoin treasury space. We’ve been focused on the accountability side of this trend as well. Our recent framework is here: https://t.co/e1ZUARScyl
@pete_rizzo_ Seeing a treasury-driven Bitcoin company ring the NYSE bell says a lot about where this is heading. Our recent work on transparent BTC treasury models might be of interest: https://t.co/e1ZUARScyl
@shroudspeeders@AdamBLiv Fascinating to see corporate Bitcoin treasuries reshaping the leaderboard in real time. If this pace continues, companies will need stronger transparency and reporting tools. That’s what we’re working on with the Treasury Proof Ledger (TPL): https://t.co/e1ZUARREIN
@vivekrajan1380@BitcoinForCorps@saylor@gerovich@DylanLeClair A strong lineup indeed. As corporate Bitcoin strategies mature, the next step is improving how treasuries report exposures and movements without giving up sensitive details. That’s the focus of our new paper on the Treasury Proof Ledger (TPL): https://t.co/e1ZUARREIN
@juanbiter Interesante ver cómo crecen las tesorerías corporativas en BTC. A medida que escalan, también necesita mejorar la transparencia sin revelar información sensible. Estamos trabajando en ello: https://t.co/e1ZUARREIN