Daniel Bennett

Breaking news, stocks, real estate, business, tech.
Conversations w/ investors & business leaders.

[Daniel Bennett @Danielj1bj]

Strive acquired 1,355
$BTC
for $107.7M at an average cost of $79,475 per bitcoin, bringing total holdings to ₿26,355.

Warrant exercises began last week, generating $21.2M in gross proceeds. Including those proceeds, 57.7% of total capital raised came from SATA.

$ASST

$SATA

[Matt Cole @ColeMacro]

Strive acquired 1,355 $BTC for $107.7M at an average cost of $79,475 per bitcoin, bringing total holdings to ₿26,355.

Warrant exercises began last week, generating $21.2M in gross proceeds. Including those proceeds, 57.7% of total capital raised came from SATA.

$ASST $SATA

[Daniel Bennett @Danielj1bj]

$BTC
faces a new macro test: the Fed raised rates 25 bps to 3.75%–4%, its first hike since 2023. Bitcoin held the $73.5K–$75.6K support zone as markets reassess the path to cuts.

[jeroen blokland @jsblokland]

Today, the 30-year UK bond yield dropped 12 basis points.

The reason? The Bank of England announced it will stop selling its longest-maturity UK gilts. £120 billion of bonds maturing in 2049 or later will remain on the central bank’s balance sheet, while £222 billion of shorter-dated gilts will simply mature. That leaves only around £146 billion to be sold gradually over the coming years. In other words, the Bank of England is taking a lot of long-duration supply pressure off the market.

If the objective sounds familiar, it is likely because US Treasury Secretary Bessent has been trying to achieve something similar, but through a different route. The US Treasury sharply increased its buybacks of longer-term US Treasuries, while relying heavily on shorter-term issuance. Different mechanics, same objective: reduce the pressure on longer-term bond yields.

Same dance, different dancer!

Central banks and governments don’t want longer-term yields to rise much further. The message is not that we are in, or heading for, a sovereign debt crisis, at least not yet, but that central banks and governments will go a long way to prevent exactly such a crisis.
So while bonds will generate a positive nominal return after a multi-year bear market, whether that also translates into an attractive real return is far less certain given where inflation is. More importantly, positive real returns alone won’t be enough to reverse the massive relative underperformance against scarce monetary assets like gold and bitcoin.

August in the US and today in the UK showed what can happen when measures like “Treasury Twist” and “Threadneedle Twist” (the Bank of England sits on Threadneedle Street in London) are digested by markets.

Going forward, assuming that bond yields will come down in the not-too-distant future, and I do, the reason why will determine whether bonds can close some of the massive gap in relative performance against basically every other major asset class.

So while I agree that bonds look more attractive than they did some four years ago, when rates were still close to zero, I do not necessarily believe we are going back to the old normal in which bonds structurally offer an attractive return after inflation or reliable diversification within an investment portfolio, let alone outperform scarce assets like gold and bitcoin.

[Daniel Bennett @Danielj1bj]

The biggest question with
$GRAB
is if they are diworseifying with all those M&A deals they are doing.
Most questionable:
- US (???) finance education platform or something like that
- SEA BNPL controlling stake at a $3b valuation (mostly my disliking of BNPL to blame)

[Daniel Bennett @Danielj1bj]

If they hold rates steady or just go with 25 bps, I think Bitcoin could get another shot at breaking above $80K. If it does, that could open the door to another leg higher

[Daniel Bennett @Danielj1bj]

Moving 2 million barrels of oil from West Africa to China now costs $15.88 per barrel.

No wonder all my tanker stocks hit new 52-week highs last Friday.

I still think the biggest problems in the oil market are ahead of us, not behind us.

[Thierry from arvy 🇨🇭 @ThierryBorgeat]

Quality tells me what deserves my money.
Momentum tells me when the market agrees.

The intersection is where I want to invest.

[Daniel Bennett @Danielj1bj]

The NYSE Composite Index had 223 new lows today. The last time we had a similarly high reading was late March 2026, before the rally kicked off.

You would need to go back to April 2025 to see readings much higher than this.

[Ross Dellenger @RossDellenger]

The SEC has scheduled a meeting Thursday to "decide whether to terminate Louisiana State University (“LSU”) as an SEC member institution pursuant to Section 3.1.5 of the SEC Constitution and Bylaw."

[Daniel Bennett @Danielj1bj]

Since today is Labor Day, the market is closed for the holiday
The stock market is closed today. USD/JPY is trading around 154.579. Between the possibility of intervention from Japanese authorities and the current technical setup, I’ll mainly be looking to buy the dips this week

[jeroen blokland @jsblokland]

The smell of intervention!

[Daniel Bennett @Danielj1bj]

That makes this a negative development for the market right now. The numbers are almost too strong for the current environment—it’s honestly a bit frustrating

[Daniel Bennett @Danielj1bj]

With inflation still proving stubborn and markets already debating whether the Fed should hike rates as early as September, a jobs report this strong could reinforce the idea that, “Well, maybe another rate hike wouldn’t be such a bad thing after all.”

[Michelle Maxwell ™ @MichelleMaxwell]

This tribute by Randy Travis has me bawling 😭 ❤️

Dolly,

From our hearts to the throne of glory, we release one of our greatest angels….our butterfly, Dolly.

I’ve been blessed to know many wonderful folks throughout my career in country music; but, none quite like you, Dolly. You had a way of making everyone around you feel most important. Your kindness was genuine, your faith strong, your humor lit up a room, and that beautiful heart of yours was even bigger than the remarkable voice the world fell in love with.

I’ll always be grateful for the memories, the conversations, the laughs, and the goodness you showed me through the years—especially during the chapters of my life when your encouragement meant more than you probably ever knew.
You gave country music some of its sweetest memories and most iconic songs; but, you gave the world something greater…yourself. And, you gave it all! Now, it’s your turn to dance with Carl—

Thank you for showing all of us how to carry success with grace and how to use the gifts God gave us to bless others. Your mission to make people happy and lift them up while glorifying God, is complete. You have planted so many trees under whose shade you will never sit… you have made this world a better place. There will never be another you, Dolly.

Rest peaceful, my sweet friend, until we meet again…and, next time, I’ll be sneaking up on you!

I will always love you… forever and ever, Amen—

Randy Travis

[Libby @libs_allen]

I know that’s right.

[Daniel Bennett @Danielj1bj]

"If you always do what you've always done, you'll always get what you've always got."
- Rev. Dr. John Travis, Georgetown, KY

[Father Jim Sichko @JimSichko]

The most dangerous phrase in any language is: “We’ve always done it that way!”

[Blue Chips Media @BlueChipsBBN]

Dirk Minnifield JUMPING OVER a Mississippi State Defender from 5 feet outside the lane in 1983 is still to this day the GREATEST DUNK in Rupp Arena History

83 Days til @KentuckyMBB 🔥

[The Appalachian Podcast @GetOnTap]

If you were raised in these mountains I guarantee you’ve seen this painting

[Chad Fisher DNP @ChadFisher]

“DiJonai went to private school!”