@saylor
Have you ever considered holding any physical commodity alongside BTC — not as a substitute, but purely as a volatility or geopolitical hedge (gold, silver, platinum, copper, palladium)?
Or is the thesis that Bitcoin fully subsumes that role over time?
@DianaOlick Helpful context: the “3-year low” appears to reflect a model/index move driven by a brief rally in current-coupon UMBS (mainly 5.5s/6.0s). That hasn’t translated to lender rate sheets — esp w/ 10-yr higher & spreads unch. No bank in the nation is offering mtg rates at 3-year lows