Joe Burnett
@IIICapital
Bitcoin Strategy @Strive ($ASST $SATA $SATS)
Led Bitcoin Strategy for the 2nd U.S. public company to adopt Bitcoin as its primary treasury asset.
995 Following 106.6K Followers
When Bitcoin sentiment hits rock bottom, I want maximum amplification.
Announcing LayerTree: a new tree-based scaling solution for Bitcoin that permits O(1), independent of the number of users in the system:
A single UTXO can hold the balance of millions of users as an off-chain Merkle-sum tree.
Transaction introspection techniques permit batched exit from the system in a single transaction w/o any pre-signing:
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If you want to be a "select investor" in the $SATS IPO, visit the Fidelity brokerage platform in the link below. The Fidelity indication of interest window ends today.
For additional information please visit the SATS IPO website at
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@ColeMacro Strive for Bitcoin.
Keep ₿uilding.
The momentum continues.
Strive is now the 4th largest publicly traded corporate holder of Bitcoin.
Stay humble and stack Bitcoins.
Through Tuesday, Strive acquired an additional 2,822 BTC for $235M, increasing holdings to ₿35,595.
- 13.7M of 15.3M remaining warrants exercised, worth $369M in gross proceeds
- 94% of traditional warrants exercised in aggregate
- Amplification ratio: 47%
$ASST $SATA $SATS
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Investors can now access the $SATS perpetual preferred IPO through Fidelity.
See details below
Strive is offering $SATS through an IPO available to select investors.
- 15% fixed-rate perpetual preferred stock
- Cumulative dividends paid every business day
- Junior to SATA
INVESTOR PRESENTATION TIMESTAMPS
00:00 - Introducing SATS
01:46 - Executive Summary
18:50 - SATS Improves SATA
21:06 - Dividend and Balance Sheet Strength
27:33 - Performance and Liquidity
30:48 - Bitcoin Thesis
40:26 - Amplification and Risk
$SATS $ASST $SATA
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No Hurdle Rate this week. See you next week.
Strive is turning demand for digital equity ($ASST) and digital credit ($SATA) into demand for Bitcoin. Its hypergrowth shows how the capital markets are accelerating Bitcoin adoption.
Stay humble and stack Bitcoins.
Last week, Strive acquired 3,311 $BTC, increasing total holdings to ₿32,773.
- $208M in warrants exercised; ~15.3M remain, expiring today at 5pm ET.
- SATA’s $100 minimum issuance price is now a binding restriction in governing docs, formalizing the protection.
$SATA $ASST
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@RoaringRagnar Strive announces capital markets activities through SEC filings.
8-k and X post tomorrow AM.
Think ₿igger.
Does digital credit suppress Bitcoin’s price?
I suspect it's the opposite.
Timestamps:
00:00 Will Digital Credit Keep Bitcoin Below $1 Million?
01:09 Credit Gold, Bitcoin IOUs, and IBIT
03:02 Following a $1 Million Digital Credit Investment
07:04 More Dollar Credit, Less Available Bitcoin
08:20 Digital Credit’s Impact on Bitcoin’s Price
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Nice overview.
Regardless of your thoughts on digital credit, I’m highly skeptical of the price suppression theories for both gold and bitcoin.
Bitcoin Treasuries and Digital Credit
LIFT the Long Term Cohort.
For some reason I've seen people argue that this sector is hurting the price of Bitcoin.
But the most glaring evidence that it helps is taking a look at their effects on the LTH.
When Strategy or Strive purchase Bitcoin they are destined for the LTH and 99.99% of their coins will remain there.
The LTH has been one of the strongest levels of support on Bitcoins long horizon.
When these companies are buying Bitcoin at higher prices their purchases are lifting that LTH harder and the coins are there to stay.
$BTC $MSTR $ASST $STRC $SATA $STRK
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Ledger is investigating reports of loss of funds from users in South East Asia who purchased products from a reseller named CryptoBillis. As a precaution, and pending the results of our investigation, we have asked CryptoBilis to pause all sales and shipments of Ledger devices. We recommend Ledger users who purchased from this reseller in the last 90 days to not initiate set up if you have not done so yet. If you have set up your Ledger device, consider moving assets to a new Ledger signer (with new seed). We will continue to inform customers of updates as the investigation progresses.
Reach out to Ledger customer support through official channels with any questions:
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Daily Dividends are better.
I voted.
Bitcoin settled $5.75 trillion worth of coin in Q3 2026.
Bitcoin is the most powerful transactional savings system in the history of humanity, very few understand this.
