Digital Credit - Weekly Close (Sep. 25) A grind-higher week for the stack, and a buyback milestone. 👀 @Strategy keeps retiring paper... 🔴 $MSTR • Finished up +3.0% w/w at $158.61. Net mNAV grew from 1.20x vs 1.16x a month ago. • The addition of 950 BTC was announced with the treasury finishing the week with a $7.0B unrealized gain. 🔴 $STRC • Ended at $98.54 (flat w/w), 12.2% effective yield. The $174M repurchase announced this week pushed the buyback program past $1B retired, and short interest is down to 1.9% of float. • Next up: daily dividends go to a shareholder vote on Oct 28, with STRC first in line. @Strive the shorts came back... 🔵 $ASST • Closed -2.2% w/w at $29.44. Net mNAV stood at 2.16x, and the short trade re-loaded: 28.1% of float, 2.3 days to cover. • The $27 warrants expiring Oct 10 remain a potential overhang to watch. 🔵 $SATA • Held par at $100.01 (flat w/w), 13.0% effective yield. Another 1,355 BTC funded by the ATM takes the treasury to 26,355 BTC, +54.5% BTC yield YTD. The SATA short is nearly extinct: 1.6% of float, 0.3 days to cover, still paying 26.5%/yr to stay on. Where digital credit closed, updated daily:

We’re going LIVE on Monday @ 11:30 ET w/ @TheOtherParker_, @pete_humiston, & @0xDonSylvester! 🚀 Topics De Jour: 🔴 $STRC imminent to trade at $100 par again? 🔴 $BTC at the brink of breaking out? 🔴 Latest $MSTR + $ASST filings 🔴 Apyx Updates and Q&A Drop questions + set a reminder. 👇

Digital Credit - Weekly Close (Sep. 18) $BTC broke $81K and digital credit issuers’ common equities ran with it, big time… 🚀 @Strategy is back to compounding... • $MSTR +17.5% w/w to $153.92, its best week since August 2026. Net mNAV rebuilt to 1.19x and the treasury now sits on $4.9B of unrealized gains. 😱 • $STRC $98.51 (-0.1% w/w), 12.2% effective yield. Another $139M repurchased announced earlier in the week; the buyback program is approaching $1B retired while $STRC climbs back to $100 @Strive hit a massive milestone... • $ASST +8.9% w/w to $30.09. Net mNAV 2.37x, and $BTC yield YTD is up to +49.5%. 🤯 • $SATA back above par at $100.01 (+0.3% w/w), 13.0% effective yield. The treasury crossed 25,000 $BTC, and what is left of the short pays 28.1%/yr with half a day to cover. Where digital credit closed, updated daily. 👇

We’re going LIVE on Monday @ 11:30 ET w/ @TheOtherParker_, @pete_humiston, & @0xDonSylvester! 🚀 Topics De Jour: 🔴 $STRC imminent to trade at $100 par again? 🔴 $BTC at the brink of breaking out? 🔴 Latest $MSTR + $ASST filings 🔴 Apyx Updates and Q&A Drop questions + set a reminder. 👇

The best way to earn yield onchain? Digital credit. 👀 Here are some of the best ways to yieldmaxx with Apyx right now. 🔴 Curve $apxUSD/USDC v3 🔥 17.43% APR + 60x Pips 🔥 🔴 Hyperithm $apxUSD Vault 17.16% APR + 44x Pips 🔴 Pendle $apyUSD, Nov. 5 14.28% fixed yield YT: 52x Pips | LP: 13.46% APR + 32x Pips 🔴 Hold $apyUSD 12.89% native APR + 4x Pips And for the Pips maxxers: 🔺 Commit $apxUSD: 196x 🔺 Pendle $apxUSD YT: 128x 🔺 Pendle $apxUSD LP: 100x 🔺 Curve $apxUSD/USDC: 60x 🔺 Hyperithm $apxUSD Vault: 44x Yield, Pips, or both. Pick your strategy. 🔴

Introducing the new Apyx Protocol Dashboard! 🔴 We spent months building what we believe is the clearest, most comprehensive view into the Apyx Protocol. Track protocol reserves, liquidity, supply, yield, & activity in one place. Start exploring. 👇

just got told @apyx_fi extended aptUSD’s Pips multiplier for another 4 weeks. i've being holding some $aptUSD, i might just have to buy more. now i can get 24x pips till October 12th. while i'm already earning 3.5% APY from aptUSD, now i get this. this is a vault backed by U.S. Treasuries and cash equivalents. and the yield even grows automatically while i have access to my capital. it even gets better because: > zero fees on the position. > instant exits whenever liquidity is needed. > liquidity stays deployable across DeFi. i like how simple the setup is. i don't have to constantly manage positions just to keep earning yield. by holding, i also get exposure to Treasury-backed yield with less DeFi lending risk. these are counterparty, smart contract, and platform risks common across DeFi lending. i'm shielded from these risks. it better to put your idle cash to use now and earn from this. get positioned and don't be sidelined.

$aptUSD is back, with 4 more weeks of boosted Pips. 🚀 Onchain U.S. Treasury yield should be liquid, permissionless, and free to access. That’s what $aptUSD was built for. Hold $aptUSD and earn: • 3.5% APY backed by U.S. Treasuries & cash equivalents • 24x Pips through Oct. 12 • Yield that accrues automatically • Zero fees, exit instantly • Liquidity designed to remain deployable across DeFi Don't let your cash sit idle. Earn while you wait to ape. 🚀 Learn more: 👉 Swap into $aptUSD: 👉

The latest weekly 8-K results from @Strategy and @Strive are LIVE on $MSTR 🔴 Repurchased 1,420,467 $STRC shares (~$139M) 🔴 $1.05B preferred + $1.0B $MSTR buyback capacity remaining 🔴 $5.1B USD Reserve + $1.3B cash $ASST 🔵 Acquired 469 $BTC at ~$77,954/BTC 🔵 Issued 402,541 $SATA preferred shares 🔵 Issued 34,206 Class A shares 🔵 Cash increased to $204.2M Track it all & more. 👇

Digital Credit - Weekly Close (Sep. 11) The credit stack keeps grinding higher while the commons digest. And there's a new source to follow all things Digital Credit. 👉 @Strategy went on buyback offense... • $MSTR -8.3% w/w to $130.97, giving back part of the run. Net mNAV held at 1.10x, still above 1.08x a month ago. • $STRC ended at $98.64 (+0.9% w/w), a fresh multi-month high. Strategy announced that it repurchased another $176M this week, its biggest buyback yet, taking the program past $800M. @Strive crossed a milestone... • $ASST +1.8% w/w to $27.62. Net mNAV 2.37x, and BTC yield YTD is now +46.7%. • $SATA $99.75 (-0.3% w/w), 13.0% effective yield. SATA notional crossed $1B as the ATM printed $92M and funded 1,375 more BTC. The pref shorts capitulated: 2.9% of float short, down from 8.1%, with 0.6 days to cover. Where digital credit closed, updated daily:

Excited to welcome Parker White (@TheOtherParker_), CFA, Founding Contributor at @apyx_fi, as a speaker at DAYS Singapore! Ex-@krakenfx and @defidevcorp, Parker now builds Apyx – a dividend-backed stablecoin protocol that transforms preferred equity into high-yield digital dollars. Catch Parker on the stage, October 6 Digital Asset Yield Summit is where private capital explores onchain yield: a tightly curated room of 300 institutional allocators and asset managers. Applications are still open! 🔗 Request an Invite →

Onchain digital credit yield keeps winning. 👀 ethereum:0x38eeb52f0771140d10c4e9a9a72349a329fe8a6a 30D APY: 13.39% Think $STRC makes its way back to par? Implied yield with recovery: 16.12% DeFi yield is good, but enhanced digital credit yield is even better. 👑

Lookin' to earn enhanced digital credit yield? 👀 The latest & greatest yieldmaxxing menu is looking pretty good. 👇 🔴 @arkonixXYZ Apyx Yield Vault 43.86% APR + 40x Pips 🔴 Pendle $apyUSD PT, Nov. 5 13.97% fixed yield YT: 52x Pips | LP: 13.58% APR + 32x Pips 🔴 Pendle $apxUSD PT, Nov. 5 Up to 12.76% fixed yield YT: 128x Pips | LP: up to 4.72% APR + 100x Pips 🔴 Hold $apyUSD 12.94% native APR + 4x Pips 42x Pips on Solana And for those optimizing primarily for points: 🔺 Commit $apxUSD: 196x 🔺 Pendle $apxUSD YT: 128x 🔺 Pendle $apxUSD LP: 100x 🔺 Curve $apxUSD/USDC LP: 60x 🔺 Hyperithm $apxUSD Vault: 44x Yield, points, or both. Pick your strategy. 👉

Newcomers on Base last week 1. @send - launched Send Cards, letting users fund and spend with USDC on Base. 2. @useqadi - integrated nTZS, Tanzania’s stablecoin, into its wallet. 3. @roboticomarket - launched an intelligence platform for tracking humanoid robotics companies, robots, capital, and people. 4. @inconetwork - launched confidential tokens with an SDK for private balances. 5. @PeerPay_ - went live with checkout payments and instant USDC payouts for merchants. 6. @setzapp - launched coin-backed collectibles on Base. 7. @apyx_fi - introduced a treasury-backed yield token with no lockups or fees coming soon. 8. @zothdotio - announced zVaults for bringing US stock baskets onchain.