Untapped Tools Capital Tools

RPM is like volatility ., leverage long … 90 RPM dangerous 18B into balance sheet and speed it 90-100RPM, turbine!

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5 vol or 50 vol?

Embrace the volatility and asset

Positively polarized to capital

Enrich

Use of proceeds cost to capital is SP500

Performance and velocity!

5 days not 5 years — velocity ! ***

Recycle volatility back as BTC yield

The known leader in universe

Downside protection?

Bond is 90% gain ,,, return. 46% return on BTC

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Outperformed with our bonds! Not equity!

Bitcoin backed bonds

Permanent capital , floor

98% forward vision, 1% value now !

Bitcoin treasury company

High volatility , high leverage

Productivity and Capital preservation

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Digital commodity

Acquire Bitcoin

I’m obsessed!!

Permanent bitcoin Capital

Fixed income

75% ARR

Very liquid and very volatile !

Credible trustworthy or transparent ?

No hedge!

MSTX MSTU

options market

Extra juice to short it

Large pool of capital

21B in fixed income

21, 41 years old … 63 years old, 84 years old, 105 years old, 126 years old?

Adjust leverage

10T asset class

Progress mobility

Oil refining company

Crude oil

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Opportunistic and strategic –>

Capital markets around the world

Encumbered , unencbered

Unencumbered

Bitcoin holdings / # of shares

We are a growth company! Growth !!! 50% a year !!!

Focus on growth