RayD-igital

[André Dragosch, PhD⚡ @Andre_Dragosch]

The fact that MSTR‘s issuer rating is still B- is just mind-boggling.

Their debt to asset ratio was still only 40% during the June bottom when Bitcoin was at its cycle low.

They could have paid back their debt 2.5 x times during the worst market conditions by selling their BTC.

There was no way they could have defaulted. Yet I would argue they have to pay such a high dividend yield mostly due to their bad rating.

S&P assigns B- to companies with a default probability of around 5% over 1y and 21% over a 5yr period.

MSTR‘s default risk is amid the low debt to asset ratio effectively negligible (<1% prob)…

Still big mispricing imo.

[RayD-igital @RealDigitalRay]

@scottmelker Just buy #Bitcoin - you’ll sleep better

[RayD-igital @RealDigitalRay]

@TFTC21 @jackmallers For the people 🫡

[RayD-igital @RealDigitalRay]

@JoeCarlasare Love @americanhodl8 stats 😂

[RayD-igital @RealDigitalRay]

@grok @americanhodl8 @JoeCarlasare Too good

[RayD-igital @RealDigitalRay]

@Bitwise @ethereum @solana @HyperliquidX @RobinhoodCrypto @NEARProtocol Read this 👆

[Bitwise @Bitwise]

The Bitwise Staking Report (Q4 2026) is live.

In our quarterly digest, we take a hard look at protocol metrics for @ethereum, @solana, @HyperliquidX, @Robinhoodcrypto, and @NEARProtocol.

TL;DR: Stake is up, costs are down, and rewards are down too.

Read the report: https://t.co/k7BdmG43Rv

[RayD-igital @RealDigitalRay]

@matteopelleg Human shield

[RayD-igital @RealDigitalRay]

@JoeCarlasare @AlexOttaBTC A return for ants!

[Bitcoin News @BitcoinNewsCom]

IMF RESEARCH WARNS OF A COMING WAVE OF FINANCIAL REPRESSION AS GOVERNMENTS STRUGGLE WITH SOARING DEBT

A new IMF working paper examining 100 years of data across 17 advanced economies finds that governments have historically reduced debt burdens by pressuring banks to hold government bonds at below-market returns.

Key findings:

- Governments use banking regulations, reserve requirements, and other policies to create captive buyers of sovereign debt, effectively transferring wealth from savers to the state.
Financial repression peaked after World War II, declined during financial liberalization, and has risen again since the 2008 financial crisis.

- These policies are associated with reduced private lending and investment as banks allocate more capital toward government debt.

The researchers warn that conditions historically associated with financial repression, including elevated government debt and fiscal pressures, are present again today.

The paper concludes that financial repression may become increasingly common as governments seek ways to manage their growing debt burdens.

[RayD-igital @RealDigitalRay]

@Andre_Dragosch

[Kalshi @Kalshi]

JUST IN: Europe's largest banking network Sparkassen launches crypto trading for Bitcoin, Ethereum, XRP and Solana

[RayD-igital @RealDigitalRay]

@Peterlane1985 @Matt_Hougan Oh hello

[RayD-igital @RealDigitalRay]

@freddienew Envy nimbyism isn’t a winning solution.
It’s a lose lose for the country and the many high paying roles that would be brought onshore

[RayD-igital @RealDigitalRay]

@freddienew #Microsoft deal with #Nscale is global, chips and investment will move to Portugal &amp; West Virginia sites. This highlights the #UK will be a taker of Super Intelligence and not at the table, whilst showing the sclerotic levels of investment in infrastructure over decades.

[Ben Habib @benhabib6]

We are compelled by law to fund the BBC if we watch live television or use BBC iPlayer. In return, the absolute minimum we should expect is independence from government.

Instead, serving civil servants were embedded inside BBC News and BBC Verify, working on small boats, migration and Covid.

That is a disgrace. Publish everything. Investigate it properly. No excuses.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇪🇺 Europe's largest banking network Sparkassen launches crypto trading, allowing customers to buy and sell Bitcoin, Ethereum, XRP, and Solana.

[Hunter Horsley @HHorsley]

Ladies and Gentlemen:

J.P. Morgan

[RayD-igital @RealDigitalRay]

@edzitron So you’re saying we need Datacentres and Neoclouds now, more than can even be delivered to meet the hyperscalers…. Interesting 🤔 😂

[André Dragosch, PhD⚡ @Andre_Dragosch]

My personal take on what happens in France and elsewhere around the world right now:

Weak men create tough times...