Stellan

crypto with a 9 to 5 | supply and demand investor | bear market research

[Stellan @stellannotes]

i’m fully allocated as of today.

aster-2:native @ $0.62
solana:JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN @ $0.22
$MSTR @ $96.02
$CYPH @ $0.70

going to continue adding as i get paid

[Stellan @stellannotes]

@MoneyPrinter0x looks like it’s boutta top

[Stellan @stellannotes]

@jussy_world where can i find info on perps upgrade?

[Stellan @stellannotes]

@blknoiz06 peep solana:JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN

[Stellan @stellannotes]

agreed

this is why i hold solana:JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN

[Ansem @blknoiz06]

this is the first cycle solana infra plays will rip alongside sol, first cycle was too new, second cycle unlocks & everything, this time have good core protocols that are essential to the ecosystem & will benefit from increased retail + institutional activity on chain

[Stellan @stellannotes]

go lower

i want more

[Stellan @stellannotes]

zcash:native chart btw

[Stellan @stellannotes]

@blknoiz06 too early

gimme more time to stack

[Stellan @stellannotes]

this is where i close my eyes and keep buying

[Stellan @stellannotes]

@RealJackPoor why would you?

[Stellan @stellannotes]

@satfillbch he has over $50b in bitcoin:native

[Stellan @stellannotes]

$MSTR posts are starting to show an inefficiency in the market

everyone who is genuinely bearish can’t fully explain why they’re bearish

mf they have $50b of bitcoin:native on their balance sheet

and i’m seeing people saying strategy is about to be insolvent lmao

this is getting to back up the truck territory for me

[Stellan @stellannotes]

@satfillbch ok explain it

[Stellan @stellannotes]

@_tm3k the value from the l2s doesn’t come back to the l1 tho

[Stellan @stellannotes]

@1keezybaby d rose no doubt

[Wrecked Retail @wreckedretail]

"$MSTR trades below its Bitcoin." Cool. Do the math.

Buy the whole company: $37.3B.

Sell BTC to clear the debt and preferreds: ~$22B.

What's left: ~$31B in raw Bitcoin.

You just paid $37B for $31B of net BTC. That's a 20% premium.

Gross mNAV says "discount." The equity's claim says "premium."

The leverage sits right in front of you, but most can't see it.

Issuing stock here to buy Bitcoin isn't dilutive. It's accretive.

That's the entire machine.

The panicans can't read a balance sheet.

When Bitcoin doubles, none of this noise matters.

You either understand the thesis or you don't.

Everything else is just execution.

[Stellan @stellannotes]

@pdxeth why

[Stellan @stellannotes]

i’m blocking out noise

tunnel vision

aster-2:native solana:JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN $CYPH and soon will have $MSTR

these are the main bets i will be making

i will continue to accumulate over the next few months

yes, i have changed my mine a million times

but i have confidence in these

i think ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 is great and hyperliquid:native is great too, but i’m already betting big on aster as my perp dex of choice

[Stellan @stellannotes]

@InvestingAddict click that 10Y button

[Stellan @stellannotes]

@TheBTCTherapist no