Boots on the ground today in support of the CLARITY Act. A message from CLO of Helium @SarahAberg1 after testifying before the United States House Committee on Financial Services @FinancialCmte 🙌.

Bootstrap is a venture debt fund. Their job is to lend money, get equity, and exit. They don’t hold. Since big institutional lenders often hedge or divest ahead of time, the worst of the overhang selling pressure should be already be behind us $SIVE The announcement dropped Thursday at 6:30 PM after market close. Professional funds don’t wait for retail to react. Block trades happen OTC over the weekend. Buyer is agreed before the press release goes out. Bootstrap is already out. So Monday looks like this: → Retail sees the news → Retail panics and sells → Institutions buy the dip The selling pressure everyone is scared of is already gone. What actually remains after this weekend: → $12M debt off the balance sheet → 700M SEK in cash → Nasdaq listing in progress → Cleaner cap table