chop

[Neil Sherwin @neilsherwin]

It might be coldest gif of all time now.

[Nakamoto @nakamoto]

Today UTXO Management announced a new fund: UTXO Preferred Income Strategies LP, dual-class structured income income fund targeting digital credit preferred securities for qualified purchasers.

[Adam Livingston @AdamBLiv]

BITCOIN AND DUNE: A CIVILIZATIONAL ANALYSIS OF POWER, SCARCITY, AND SYSTEMIC INCENTIVES

Scarcity is the gun to civilization's head.

In Dune, everything bends around one chemical compound floating in desert sand.

The spice.

You want to fold space? You need spice.

You want to see the future? Spice.

You want your economy to not collapse into pre-stellar barbarism?

Spice, spice, spice.

Scarcity isn't some footnote in an economics textbook.

Scarcity is the architect wearing a black hood, drawing blueprints in blood.

Bitcoin is the same gun, different bullet.

Twenty-one million coins. That's it.

That's all you get. Ever.

You can't print more. You can't vote for more.

You can't invade a country and drill for more Bitcoin.

The scarcity is the feature that rewrites every incentive structure in the global financial system.

Herbert knew this.

When one resource becomes the fundamental denominator of value, every institution, every religion, every military-industrial complex reorganizes itself around that resource like flies on a corpse.

Bitcoin is producing that same reorganization.

Right now.

While you sleep.

[Dallas Mavericks @dallasmavs]

The Flagg is flying ✈️

[chop @chopsticks_77]

@bkclaims Can send your way if needed

[The Bitcoin Conference @TheBitcoinConf]

ADAM BACK: "Zoom out! Prior bull markets had a dozen 30% - 35% drops."

"Buy and Hodl." @adam3us ✊

[UTXO Management @UTXOmgmt]

We are pleased to share that UTXO Management’s fund, 210k Capital, won the Digital Assets category award at the HFM US Performance Awards 2025 hosted by With Intelligence on October 14, 2025.

With Intelligence states on its website, “Each award celebrated funds who have gone above and beyond over the past year, delivering outstanding client service, driving innovation, and setting new standards across the hedge fund industry. Chosen through a rigorous judging process led by senior industry leaders, this year’s winners represent the very best in the business."

Past performance is not indicative of future results. UTXO Management did not pay to be considered for the award. For information about With Intelligence and its awards, visit https://t.co/zySMe352mv.

[Pardon My Take @PardonMyTake]

ZABIEN BROWN 99 YARD PICK 6 TO END THE HALF

[Carl ₿ MENGER ⚡️🇸🇻 @CarlBMenger]

Bags are packed. LFG #Bitcoin.

[Felipe Demartini @namcios]

#Bitcoin bateu novo ATH acima de $125 mil na madrugada 🔥

[Adam Livingston @AdamBLiv]

What makes holding Bitcoin treasury companies so exciting is the dynamic around mNAV oscillation.

These companies have demonstrated a track record of outperforming BTC itself.

That means you don’t just get exposure to Bitcoin, you get a shot at capturing the premium swings that push equity returns above the Bitcoin baseline.

And here’s the crucial point: even if mNAV regressed to 1 tomorrow and stayed there permanently, the absolute worst-case scenario is you simply earn Bitcoin-like returns.

That floor of BTC parity makes the upside asymmetry extraordinary.

On a risk-adjusted basis, the current opportunity to exceed the Bitcoin hurdle rate through this structure is unlike anything else in the market.

If you view Bitcoin’s ascension as a certainty, wouldn’t you like to make a leveraged bet on a certainty?

[chop @chopsticks_77]

@Chasing_Sunday @MrJerryOC @PardonMyTake @Philly_Mays @hen_ease @Tiffany_Gomas @BarstoolBigCat @barstoolsports @PFTCommenter @Zaccornelius_ @PardonMyMeme Dumahhhhs

[Professor₿ 🟧 @ProfessorB21]

HAPPENING RIGHT NOW!!!

@UTXOmgmt x @soraventures

Ending the @TheBitcoinConf with style

[The Bitcoin Conference @TheBitcoinConf]

INSANE CROWD AT #BITCOIN ASIA‼️

GLOBAL ADOPTION IS HERE 🚀

[Professor₿ 🟧 @ProfessorB21]

Creating a Bitcoin treasury in Hongkong

@DistRiggs the CEO of @MoonIncHK talks about what it was like working in Hongkong and how both him and @JasonSoraVC @soraventures saw opportunities in the Asian market from being early investors in @metaplanet

[chop @chopsticks_77]

@metaplanet let’s goooo

[Nakamoto @nakamoto]

GM! KindlyMD and Nakamoto are pleased to announce that we have filed the definitive information statement with the SEC, following the conclusion of SEC review. We expect the transaction to close Aug. 11 at the earliest (1/3)

[Bitcoin Thanos @BitcoinThanos]

Bitcoin > Everything else

[Dylan LeClair @DylanLeClair]

$BTC on the balance sheet.