La Truffe

#Bitcoin long term holder ₿⚡️
@_ALCPB believer 📈🚀

[La Truffe @PauLeandi]

@lm_charts_ 100k

[Goku 🗞 @Crypto__Goku]

Il est désormais possible de payer un inconnu pour faire presque n’importe quoi sur Internet 😱

PumpFun vient de lancer "Go", une plateforme où chacun peut proposer une mission rémunérée en crypto.

Le concept est simple : publier un défi, fixer une récompense, puis attendre qu’un parfait inconnu accepte de l’exécuter devant une caméra pour toucher l’argent.

Le problème, c’est que plus les récompenses augmentent, plus les défis deviennent extrêmes...

[La Truffe @PauLeandi]

@matteoinvest On va se taper un dump à 50k à cause de ceux qui pensent ça

[Xavier FENAUX @XFenaux]

This is the end

#Bitcoin

[La Truffe @PauLeandi]

@CrypttoManiac_ 0.2 BTC = 200K$ in 2040 maybe

[La Truffe @PauLeandi]

Ethereum n'est plus la deuxième crypto la plus capitalisée sur coinmarketcap
Buy #Bitcoin

[La Truffe @PauLeandi]

@VaubanPro2 Faux

[La Truffe @PauLeandi]

@L_insoumission Bardella vs melenchon c’est sur que Melenchon perd

[La Truffe @PauLeandi]

@kakalecaca Je préfère faire la cuisine

[La Truffe @PauLeandi]

@NCheron_bourse Btc va faire fois 100. Le Nasdaq seulement fois 4

[La Truffe @PauLeandi]

@festinaboy @giroditalia @lapreuvepar21 jonas peut-il battre pogy cette année ?

[La Truffe @PauLeandi]

@Redbeeea 2

[La Truffe @PauLeandi]

@festinaboy Je connais des maçons qui gagnent 80k par mois

[₿themoon | ∞ vs 21m | Capital ₿ear Stackers member @Bthemoon2030]

@_ALCPB been issuing tranche after tranche of warrants, OCAs and ATM facilities to fund its way to 7K-15k BTC by end off 2027. But what does that staircase actually mean for me as a holder over the next ~20 months?

I built a tool to figure it out 👇: https://t.co/IjZFTKn2Z3

It simulates the path from today (2,943 ₿, €0.64 share, ~732 sats/share) to FY27 target (7K-15K BTC end of 2027) month by month.

You pick the BTC price band, the mNAV you think Capital B trades at on avarage, and the holder behavior on OCA conversions.

The model figures out which warrants exercise when, which OCAs convert when, how much ATM gets tapped, and how big the funding gap is that requires new instruments. Share price emerges from the iteration.

— What the staircase looks like in numbers —

Warrants: 5 tranches (BSA 2026-01 to 05), 129M shares, ~€134M cash if all exercised. Strike prices €0.84 to €1.46.

OCAs: 6 tranches, 1,060 ₿ total BTC claim. Conv prices €0.544 (B-01) to €3.81 (Moonlight). Most have removed conversion gates so holders can convert at share ≥ conv × a chosen trigger. Moonlight still has original gates.

ATM: TOBAM €300M facility, only used when mNAV ≥ floor (you can set the floor)

Future instruments: whatever extra share issuance is needed to fund the rest. The model issues these at share × mNAV (same pricing as ATM.)

— What it doesn't model —

🔸The model works today but it static. The price an BTC holdings etc are the current but don't move with market and news. (no auto update of numbers)
🔸Linear BTC accumulation (real Capital B buys opportunistically).
🔸No transaction costs.
🔸No mNAV volatility - just a linear ramp.
🔸Treasury cash doesn't buy dips.

Pretty reliable for LOW + moderate mNAV. Less reliable for aggressive bull cases where assumptions compound.

— Credit —

Drag concept and BTC claim staircase framework: @CEBETracker

BTC pricing: @Giovann35084111's power law projections.

— Disclaimer —

⚡️NFA of course, just math.
⚡️Work in progress.
⚡️This model is just for fun.
⚡️Altough i tried my best there could be mistakes in the model.
⚡️I am bullish 🧡

[La Truffe @PauLeandi]

@TiboInShape Largement suffisant. 3/4 heures par semaine c’est déjà suffisant pour s’entretenir

[Bitcoin Magazine @BitcoinMagazine]

#Bitcoin has no top because fiat has no bottom 🚀

[Zynx @ZynxBTC]

Time has run out for the Bitcoin bears.

Saylor - "We can buy more Bitcoin than they can sell".

Larry Fink - "No one should be surprised if Bitcoin hits $700,000".

Thank you for playing.

You were warned.

[DECATHLON CMA CGM TEAM @decathloncmacgm]

"J’ai quelque chose à vous annoncer…"

"I have something to tell you..."

#DECATHLONCMACGMTEAM - @Decathlon @cmacgm @van_rysel

[CampionissimoOo @CampionissimoOo]

Ouverture du col de la Bonette ce matin !

C’est le paradis on est d’accord ? 🏔️

#alps #Cycling

[La Truffe @PauLeandi]

@Chishiki27 Je suis expert comptable stagiaire et je gagne 30k brut par an. C’est nul mais je sais quand j’aurais le diplôme je ferai 30k par mois