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
*
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