🚨BREAKING: STRATEGY IS UNDER INVESTOR INVESTIGATION
Rosen Law Firm has opened an investigation into Strategy and STRC, per Odaily.
The firm is reviewing whether investors may seek damages over potential securities law violations, including claims that Strategy may have provided materially misleading business information.
Strategy is the world’s largest publicly traded Bitcoin holder, led by Michael Saylor.
microstrategy sold bitcoin for the first time since 2022. $300m raise, 0.58% of holdings. the number is irrelevant, the signal is everything. mNAV collapsed from 3x+ to 1.09x against a 1.29x breakeven. STRC preferred trading below peg. cost basis $75,651 on 847,363 BTC with price at $60,814. that's $12.6b underwater. the company that told the world to never sell just proved every conviction holder has a liquidity price. MSTR needs BTC back above $97k to be profitable on its current leverage structure. either the bitcoin clarity act in july reverses this entire flow or the $300m was the warning shot before forced selling at scale
bittensor mints 41,000 TAO daily, roughly $10.2m. 70-80% of that hits exchanges within 48 hours. root governance redesign forces stakers to lock TAO into specific subnets with 21-day unbonding and performance-based emission cuts. subnets that don't generate real API revenue or usage get starved. 30-40% of the 64 live subnets probably die within 6 months under this model. that's a massive consolidation of emissions into 20-25 winners while removing $5-7m in daily sell pressure from the market. testnet is live now, mainnet expected Q3. corcel already processing 2.4m+ inference queries, masa selling structured datasets with 70% revenue to stakers. TAO shifts from a miner liquidation token to a productive staking asset. the tokenomic structure completely inverts.
So it seems the Labor Government will be handing out billions on our behalf to a Chinese renewable energy company with extremely close links to the Chinese Communist Party.
We’re destroying prime agricultural land, pursuing a net zero agenda that is driving up energy bills, and we’re now paying billions to the Chinese (the world’s biggest polluter) for the privilege.
At what point did the national interest, or what is best for everyday Australians, enter the equation here?
https://t.co/I4VEiSlq8e
Centralized AI companies like @AnthropicAI are more vulnerable to government intervention.
Decentralized AI technology like $TAO @opentensor offers an alternative.
Bittensor provides open source, permissionless access to AI through a decentralized global network. Following the suspension of Anthropic's AI model, $TAO rallied sharply, climbing 30% in just 12 hours.
Read more on this from @LowBeta on the Stack:
https://t.co/oNgIXuMNIy
$TAO really strong move today. Decentralized AI is still a really good narrative for this cycle and TAO was formerly 1 of the leaders in that category. Venice has taken its spot recently but we're about to see if there's any follow up for TAO and if it recovered from all the fud from before. No position for me but it was nice seeing a bounce from that high volume node. Would consider buying dips
bittensor subnet registration cost went from 230 to 1,500 TAO in under a year. 6.5x. that's raw demand for launching AI businesses on the network eating liquid supply. meanwhile daily emissions just got halved to 3,600 TAO, 73% of supply is staked, effective float is 3.4%, and nvidia has 77% of a $420M position locked. Q1 revenue hit $43M with PwC distributing Score subnet across 137 countries. the supply side of this is getting compressed from every direction at once
Access to intelligence should not depend on a handful of companies or governments.
This is why open, decentralized, permissionless AI matters.
This is why Bittensor matters.
#bitcoin spawned after the crisis of 2008, now there will be many projects spawned in response to centralised Ai lab
Arguably this battle is far more important than a currency, exciting times ahead
Its more important than ever to see $tao succeed. Expect criticism, expect praise but most important lets make sure it progresses
Aside from being critical we hired multiple people from frontier labs + investing 6 figures in our own little compute cluster
Actions matters and doubling down to have a meaningful impact
🚨PROCAP CEO ANTHONY POMPLIANO ISSUES A GRIM WARNING
"Much of the crypto industry is DEAD. It's never coming back. The dream is OVER."
"Reallocate the capital, reallocate the talent, and GO somewhere else."
"Simply holding BTC on the balance sheet is NOT a winning strategy" he warns about treasury companies.
Bittensor just had its Cyprus moment.
In 2013, Cyprus showed the world why we needed decentralized money.
People learned real fast that money in the bank was not really theirs if someone else could freeze it.
Now the same thing is happening with AI.
Access to intelligence can be restricted, gated, or shut off by centralized powers.
That is why bittensor:native matters.
Bittensor is not just building AI.
It is building decentralized intelligence with no single company, government, or gatekeeper in control.
Cyprus gave Bitcoin its why.
AI control may give Bittensor its why.
#Bittensor $TAO