$MSTR $STRC I’ve been asked a lot about the future of digital credit and STRC. My answer is simple: The PMF is clear. People want yield without the volatility. Digital credit TVL has grown from $3B to $10B in just two months. Demand for ~12% yield with significantly lower volatility has never been more obvious. The recent volatility is a short-term speed bump, not a full stop. The bigger picture is the emergence of digital credit as a new asset class. Saturn is one of the clearest examples of this trend. What’s most exciting isn’t that existing DeFi yield capital allocators are buying digital credit. It’s that we’re bringing in capital that likely would’ve never bought Bitcoin in the first place. STRC is working, attracting fixed-income capital to Bitcoin.