The golden cross was back on Sept 9th. That’s just the 50D SMA pushing through 50W SMA.

Nearly 40% cumulative inflation in a decade. Trillion-dollar deficits. Exploding national debt. Money printing. A Fed that fanned the flames. This is what happens when fiscal and monetary discipline disappear. Americans are left paying the bill.

US National Debt in March 2016: $19.3 trillion US National Debt Today: $40.4 trillion

I use long-term money-supply trends as an important factor in assessing the cost of capital we should be willing to underwrite to amplify Bitcoin. We’ve covered in depth why Amplification Ratio is the key determinant of Strive’s ability to outperform Bitcoin, and why cost of capital matters less. I hope this historical framework, viewed alongside Bitcoin, helps those seeking a deeper understanding. Scarcity has consistently outperformed debasement over the past 55-plus years. Gold has compounded faster than M2 in every period shown: 9.0% vs. 6.7% since 1970, 9.5% vs. 6.3% since the GFC, and 18.3% vs. 6.5% since COVID. Bitcoin is digital gold, a superior store of value whose emergence remains in its early stages. It should outperform gold as it matures. Our thesis depends on long-term monetary debasement continuing. Our believe is the trend is unbreakable, and as the debt crisis continues to worsen, the outperformance of scarce assets will perpetually accelerate (not decelerate) relative to the dollar in CAGR terms vs historicals. If you accept that premise, as we do, the only challenge becomes building and sustaining a high Amplification Ratio without blowing up. It sounds simple, but it is extraordinarily difficult. I don’t believe most investors understand nor properly value the moat Strive has built around high Bitcoin amplification with high liquidity, and I don’t expect most to recognize it until Bitcoin makes sustainable new all-time highs. The consensus investor remains fixated on the cost of capital and fiat cash flows. That is understandable, but it means picking up pennies in front of the debasement steamroller. When you truly internalize the principles of a Bitcoin standard, the focus becomes crystal clear: be maximally and perpetually short dollars and long Bitcoin. $ASST $SATA $SATS

Strive announces upsized IPO of $SATS to $700M notional, priced at $90 per share. We'll discuss the details in depth on the next @HurdleRatePod, which will be released when the IPO settles next Tuesday.

Strive acquired 2,822 BTC over the last two days, increasing our BTC HODL by 8.6%. We now hold 35,595 BTC and the #4 spot among global publicly traded holders of BTC. In the last 9 days Strive have increased Bitcoin held by 20.8% (29,462 > 35,595). Averaging ~ 681 BTC acquired per day over the last 9 days. ~150% of the daily new supply of BTC.

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.

Since the start of the Iran war... European Natural Gas: +163% Sulfur: +89% Heating Oil: +80% Jet Fuel: +80% Diesel: +67% Rice: +62% Sugar: +50% Gasoline: +46% The inflationary shock continues to build.

Strive just had a monster week 🟠 • Bought 3,311 BTC (Oct 5–9) at ~$84.5K • Stack now 32,773 BTC • BTC per share UP ~1.7% in one week, even after issuing new shares • $310M cash on hand And $SATA holders got upgrades: • 13% rate held for November, paid DAILY • $100 minimum sale price now written into the charter, so no issuing below par • Weekends now count as business days, which opens the door to 7-day dividends • Distributions expected to be return of capital (tax-deferred) They're stacking sats AND protecting the preferred. This is how you build a Bitcoin treasury. Fuck Im so Bullish on $ASST $SATA #Bitcoin

If you just accept that everything he says falls into one of three buckets then you no longer have to listen to anything he or his sycophants have to say or write: 1. Asshole bucket - simply put: I've got no idea what you're asking me, so I'm going to make up a bunch of bullshit to make it seem like I know something, anything, or deflect to something that has no implication to what you just asked (a.k.a "word salad"). 2. Pump my family bags - you know this one; I'm a failed entrepreneur (also, Daddy gave me millions so I can bankrupt casinos), but I'll shill any piece of garbage that will add a few dirty bucks to my own or my family's soiled coffers. 3. Putin's got my chain - my favorite; let's do everything we can to weaken democratic institutions from the inside (courts, government agencies, military, etc.), and overspend the shit out of our taxable income so that inflation drives the middle class into the ground, and the country collapses from within (quite similar to the 'spend them into oblivion' that helped to end the USSR).

Strive is in hypergrowth mode.