Just finished looking through $ASST's Q3 filings. One thing I want to highlight is that the cash on the balance sheet, including the dividend reserve, isn't dead money. ~$490M of cash plus $50M of STRC should earn around $25M a year, covering a third of the company's running cost. The cash needs to be there anyway and it will keep growing. That means the interest from it will too. It'll be nice to reach the point where interest alone covers the company's entire operating cost. Just something I've been watching.

Over the next 10 years, your company is likely to be destroyed by Elon or one of the other AI giants. You can't compete in the long run. One day you'll wake up to an announcement that wipes out your business overnight. Store that value now. Just buy the Bitcoin bro.

Absolute bloodbath in the markets today. I thought Bitcoin going to $75k was bad but then I checked some of the AI stocks. $CIFR is down 14% today and 64% over the last month. Incredible.

I've watched $MSTR overcome every FUD narrative since it started buying Bitcoin 6 years ago. The latest was that STRC would never recover to par. It destroyed that one yesterday. Next up is the MSCI exclusion. Guess what? It will survive that too. There's a pattern here.

This is extremely unsettling. If you talk about stocks on X, please be careful about the parasocial relationships that can form. I once took a 0.26% stake in a Canadian Bitcoin company. I later sold it, after finding the company inadequate in more ways than one. I don't get every call right, but I stay nimble enough to pivot when the thesis changes. Screenshots of me being bullish on a company I'm no longer bullish on aren't the gotcha you think they are. I don't delete my posts, even if a prediction is wrong. As grown men, we should take personal responsibility and not blame others for our investment decisions. One shareholder of that Canadian company has been deeply fixated on me ever since. Grok Bot presented me with some troubling data... Be careful out there.

Pretty big deal for $ASST. SATA closed at $98 and all it took was for Bitcoin to cross $80,000. Better Bitcoin price = better credit = path back to par gets easier. Everything gets better in a Bitcoin bull market.

Metaplanet cancelled 131 million shares worth over $200 million from its management compensation pool. That followed the public pressure campaign Ragnar and I started. How are we repaid? Constant libel and lies. I'd do it again, every single time.