NIK

#bitcoin⚡️Researcher of different topics related to bitcoin. Likes to brainstorm about the future #nostr: npub1w6rtkskec4tvhudzr8qarl9cesytjel9td5ukz2qe7uwvlj5m

[Jeff Walton @PunterJeff]

In the last 5 weeks, the US Bitcoin ETF's on NET sold 79,284 Bitcoin.

@Strategy sold 32 Bitcoin, and accumulated 26,387 in the same horizon.

@Strategy was a net buyer of 26,355 Bitcoin, accumulating 33% of the net outflows from the Bitcoin ETF's.

[Michael Saylor @saylor]

Still adding dots.

[Mark Harvey @thepowerfulHRV]

Bitcoin's 4-year CAGR is back above 30%.

Growth is reaccelerating.

[The Dad Presents @Dad_Presents]

If Elon Musk becoming a trillionaire makes you angry, wait until you hear about the organization that collected over $100 trillion from Americans, borrowed another $40 trillion, can’t pass an audit, and still acts like it’s broke.

One guy built rockets.

The other guys built debt.

Guess which one everyone is mad at.

[Matt Cole @ColeMacro]

No single metric tells a full financial picture. The key is understanding the differences and how to use them.

Strive’s two annual KPIs are:
1. Increase Bitcoin per common share before senior claims.
2. Pay all obligations on time, such as interest from $SATA.

We believe if we achieve those two KPIs annually the company will outperform Bitcoin over the long run, which is our long term and most important KPI.

The KPIs, when combined, require viewing the world both from the growth and risk perspective, but the core thesis behind this strategy requires believing in the debasement trade and Bitcoin. I believe focusing on the growth story while modeling the risks is better than focusing on the risks then modeling the growth story. You can achieve a complete view whether you start with standard BPS or CEBE BPS.

Like in any market, intelligent investors will disagree in what makes the best framework, which is why it’s important for the industry to provide raw data for investors to do their own analysis with their preferred way to view the data.

Lastly and importantly, if you finish the math, both analysis paths work and show how the strategy of amplification from Digital Credit can systematically outperform Bitcoin over time.

[Michael Saylor @saylor]

The shorter the liability duration, the more CEBE matters. The longer the duration, the more BPS matters. If claims came due today, CEBE BPS would be the more relevant metric. If BTC outpaces dividend obligations, BPS better captures common equity upside.

[Michael Saylor @saylor]

BPS measures Bitcoin per common share before senior claims. CEBE BPS measures Bitcoin per common share after senior claims. CEBE is the conservative risk metric. BPS is the common equity growth metric. BTC Yield measures BPS execution.

[Zynx @ZynxBTC]

Instead of waiting around for regulatory approval to list their preferred equity on the Tokyo Stock Exchange, Metaplanet acquired their own Japanese brokerage.

They now have direct distribution for Bitcoin-backed fixed income products without needing anyone's permission.

[Dylan LeClair @DylanLeClair]

@grahamformaine There will be many, many, many more trillionaires where we are headed.

[Dylan LeClair @DylanLeClair]

June 11: Japan’s lower house passes bill moving crypto from payments law to financial-product rules, effective within a year.

June 12: Metaplanet acquires 100% of Siiibo Securities, adding a regulated Type I securities platform to build and distribute BTC-linked yield products.

[Root 🥕 @therationalroot]

Low Consolidation phase reached, historically one of the best entry zones. #Bitcoin

[Jeff Park @dgt10011]

As we celebrate SpaceX IPO today, it's worth remembering that SpaceX has ~20k BTC on its balance sheet with the lowest average cost basis of $35k, representing one of the most visionary corporate treasuries in America

Two moonshots, one balance sheet

[The Kobeissi Letter @KobeissiLetter]

BREAKING: SpaceX, $SPCX, is now the 7th most valuable public company in the world, worth $2.19 trillion.

[Dylan LeClair @DylanLeClair]

Introducing: Metaplanet Securities

[Dylan LeClair @DylanLeClair]

Puzzle pieces are starting to fall into place.

Gradually, then suddenly. $BTC

[bitcoin @getonbitcoin]

Distribution. For anyone scratching their head on this, study the history of Uridashi bonds in Japan.

Metaplanet is building an Uridashi-like distribution channel for bitcoin yield products.

This also provides Metaplanet with a Type 1 securities license - highest level available.

Nomura of Bitcoin.

Very Bullish.

[Zynx @ZynxBTC]

Big news from Metaplanet.

The acquisition of Siiibo Securities gives them direct distribution for their Bitcoin-backed fixed income products straight into the Japanese market.

This is about owning the entire pipeline from issuance to distribution.

Metaplanet is positioning itself to dominate Bitcoin credit in Japan and become core infrastructure for the entire Bitcoin ecosystem in the country.

Monopoly is not too strong a word.

Bullish on $MTPLF | $MPJPY.

[Metaplanet Inc. @Metaplanet]

Notice Regarding the Execution of a Share Transfer Agreement for the Acquisition of Shares of Siiibo Securities Co., Ltd. (Conversion into a Consolidated Subsidiary) and the Change of Corporate Name to Metaplanet Securities Inc.

[Simon Gerovich @gerovich]

We are pleased to announce that Metaplanet has entered into an agreement to acquire 100% of Siiibo Securities, a licensed Type I securities firm and a pioneer of Japan's online corporate bond market. Following closing, expected in July, the company will be renamed Metaplanet Securities. This is Metaplanet's first major acquisition and the first concrete step in Project Nova, our long-term strategy to build a Bitcoin-centric financial ecosystem in Japan.

The significance is hard to overstate. Japanese households hold roughly $7.4 trillion in cash, deposits and low-yield products, and as Japan shifts from deflation to inflation, that capital has begun searching for yield. By bringing Siiibo's Type I registration and online securities platform into the group, we will develop and distribute Bitcoin-related yield products directly to Japanese investors, supported by the 40,177 BTC on our balance sheet, the largest corporate Bitcoin treasury in Asia.

We have great respect for Kazuki Komura and the team at Siiibo Securities and what they have built. Together, as Metaplanet Securities, we will bring new yield opportunities to Japan.

[Bull Theory @BullTheoryio]

BREAKING: The UK is drafting a law to scan every photo, video and message on every phone in the country.

Tech CEOs who refuse to implement this could face up to 5 years in prison.

The proposal would force companies to build device level scanners that inspect content before encryption.

That means:

• Every image scanned
• Every message inspected
• Every video analyzed

All directly on your phone.

Governments and companies pushing these safety” systems already have a terrible track record protecting user data.

Last month, Europe’s new age verification app, promoted as a way to "keep children safe," was hacked in under 2 minutes.

In another case, over 70,000 IDs and selfies linked to online verification systems were exposed in a major breach.

Now the UK wants even deeper access directly inside your device.

Once governments force surveillance tools into every phone, they can expand what gets monitored at any time.