Block

Building meme structures out of freedom and truth.

[Block @BlockFields]

Bitcoin filters for truth

[𝐓𝐗𝐌𝐂 @TXMCtrades]

$BTC Bear markets

This one is not so different from the others, and it may have further still to go.

[a16z crypto @a16zcrypto]

Big day for @Morpho.

Last year, we sat down with @PaulFrambot and had him explain it from scratch: what it is, why institutions suddenly care, and where he thinks finance is headed.

Five answers 👇

[K A L E O @CryptoKaleo]

Same vibes.

[Block @BlockFields]

😳

[Finn Mallery @fin465]

everyone's sleeping on how absurdly good 2026 is to start a company (even compared to 2024)

one person can now:

- ship full apps without engineers (cursor, replit)
- design without being a designer (v0, Claude Design)
- turn one video into 10 clips (opus, descript)
- push those clips to millions (X, Linkedin, TikTok)
- replace a support team (chatbase, intercom)
- literally watch exactly what their users do (Posthog)
- find + target perfect leads on autopilot (origami)

This is such a rare window. I just can’t imagine it being this easy ever again

[The Factor Report @PeterLBrandt]

Major support in Silver comes in at $54

Here is how the dynamics of price behavior works:

Late comer bulls who bought >$90 missed the top and have sworn to themselves that they will never sell out

In fact, they have stated their intent to buy more at $65 and more at $60

They will mark the bottom by puking out their positions below $60 swearing to never trade Silver again

This is how bottoms are made every time in every market be it Silver or Bitcoin or Soybeans or Sugar or the S&Ps

$SI_F #silver

[Block @BlockFields]

@SalsaTekila Just answer “salsa and tequila”

[Derin Olenik @BigpictureBTC]

The Michael Saylor Broken Promise Tracker 🧵

1/ "Never dilute if it decreases Bitcoin per share."

Broken: Announced today the issuance of 1.4M new common shares to bolster cash reserves and manage STRC stress, mathematically decreasing BPS for common holders.

2/ "Never dilute below 1.22x EV mNAV."

Broken: Floor officially breached today. 1.4M shares were issued at a compressed premium simply to hoard fiat cash rather than accreting Bitcoin.

3/ STRC will act as a stable "money market fund" (3% volatility).

Broken: The preferred stock is now trading like a volatile high-beta asset. 30-day historical volatility hit 11% and the principal plunged to $90.40, breaking its $100 par value.

4/ "There is no second best crypto asset."

Broken: Now heavily promoting DeFi yield protocols and stablecoins (like Apyx and Saturn), as these alternative assets have quietly become STRC's largest holders to absorb the supply.

5/ "We will never sell."

Broken: In May 2026, Strategy Inc. officially sold 32 BTC, permanently shattering the perpetual hold narrative.

6/ The $42B plan will be deployed methodically "over 3 years."

Broken: Burned through the vast majority of the allocation in months, eventually halting purchases entirely due to dividend coverage stress.

7/ "Never dilute below 1.0x basic mNAV."

Broken: Floor entirely abandoned as market premiums collapsed.

8/ "Never dilute below 2.5x basic mNAV."

Broken: This initial floor was quietly abandoned the moment premiums began compressing.

9/ "Zero counterparty risk."

Broken: While technically equity, the massive preferred stack introduces severe systemic risk. The 11.5% yield created a massive annual cash obligation, acting as a structural margin call that is forcing the liquidation of treasury BTC.

10/ "Chasing yield is how you lose your Bitcoin."

Broken: Created STRC to chase yield and is now seemingly in a position where they will need to start selling (losing) their Bitcoin.

11/ Maintain accurate, lawful corporate accounting.

Broken: Caught cooking financial books in 2000, triggering an SEC settlement. The stock wiped out 90% of its value in a single month, ultimately crashing 99.4% from its peak.

[Jeff Dorman @jdorman81]

Just about any company can raise money at 11.5% if they wanted to... they simply don't, because that's an incredibly high hurdle rate to overcome, no matter what you do with the money.

Just because $MSTR calls this innovative doesn't make it smart. Sure, BTC could go up more than 11.5% per year. It also may not.

But every company COULD do this. They could buy assets with the proceeds, or they could reinvest in their business, or they could even buy back their own stock. Many of these investments would outperform BTC. But again, no one does this, because 11.5% is a massive hurdle rate.

[Aakash Gupta @aakashgupta]

If you’ve been procrastinating on learning loops, read this.

[Joe Lonsdale @JTLonsdale]

Everyone who over-hired or lowered the bar too much in the 2021-2023 wave, or isn’t growing as fast as budgeted, now pretends they’re laying people off “due to AI productivity.”

[Ali Yahya @alive_]

Barbell strategy for killing it in an age of superhuman AI:

Simultaneously get as close to AND stay as far away from AI as humanly possible.

1. Get close — play with AI models, use them to help you think, ask them to teach you about the world, get them to help you create, work with them to write code, understand what makes them tick, embed them into your everyday life, have fun.

2. Stay far away — learn to tell stories, make eye contact, build a team, lead with courage, connect far-flung ideas, build lifelong friendships, debate persuasively, think forbidden thoughts, handwrite ideas, confess your fears, fall in love.

Spend less time trying to master mental transformations that are purely mechanical — building spreadsheets, analyzing trades, balancing accounts, writing code by hand, following playbooks, searching for needles in haystacks. These are the emerging no-man's land, squarely the domain of AI.

Venture to the extremes. That’s where all the fun is anyway.

[Block @BlockFields]

@Clav0Updates @mgurri

[Block @BlockFields]

@justintrimble Yeah, the book “where’s my flying car” talks about this idea in depth

[moon @MoonOverlord]

The problem with Ethereum is there’s an exchange on an L3 that is 1/20th the marketcap with 1/1000 the employees with 100X the yearly revenue that ETH does

[Josu San Martin @josusanmartin]

When it comes to my job, in less than 10 years, AIs will be better at everything that I do than me.

[COFFEE CAPITAL @Crypto_Coffee]

Couldn't have said it better myself.

[Alice Smith @TheAliceSmith]

The Labour Party wants to ban social media for under-16s in the UK.

The Labour Party wants to lower the voting age to 16 in the UK.

Why?

The Labour Party wants voters to have no access to information beyond state education before they vote.

[柴郡🔔｜Crypto+AI Plus @0xCheshire]

看见一个很离谱的论文……

如果你每天在收盘时买入美光科技，在第二天开盘时立刻卖出，几十年来会获得高达 138,330,342% 的收益。

但如果每天开盘买入，当天收盘时卖出，你的投资最终会几乎全部亏损-99.92%。

作者表示，这一切都是既得利益者的阴谋，所有市场都一样。

是的，包括咱们大 A。

[Block @BlockFields]

https://t.co/B1JykITYcb

[Block @BlockFields]

@Thirsty4Alpha @buyerofponzi 😂😂😂