Dashboard/display controls: Trip button, the speed units button (KdM/kph-mph toggle, sometimes labelled “MPH / km/h”), and “Power” button
Car OFF and keys handy
🛠 Reset Procedure
Turn ignition to ON (push Power button twice without pressing the brake so the vehicle is in “ON” electronics mode, but the engine should not start).
On the dash, press the Trip button (often on the steering wheel) to cycle displays until you see Trip A.
Once “Trip A” is showing, turn the car off (Power button, no brake).
Now, press and hold the MPH / km/h button (speed unit toggle) while pressing the Power button twice (again, no brake) to reach the “ON” electronics mode. Keep holding the MPH / km/h button.
Keep holding that MPH / km/h button until you see on the display something like “Reset in progress…” or the indicator gradually reset to zero / dash / back to normal. The message will eventually say “Reset complete.” Once that shows, the maintenance light should go dark.
⚠️ Tips & Common Gotchas
Make sure you don’t press the brake pedal during the reset sequence: brake = start engine or other unwanted modes messing up the reset.
Ensure “Trip A” is displayed when you attempt Step 4, or it may not work.
Sometimes people confuse “Maintenance Required” / “OIL MAINT REQD” light with a Check Engine light; this procedure resets the maintenance reminder / oil change reminder not engine fault codes.
If the Trip or MPH / km/h buttons are not working (broken, stuck, etc.), reset might not work via this method. Some users resort to dealership tech tools or using Toyota’s TechStream diagnostics.
If you want, I can send you a visual or video link so it’s even easier! Want me to grab that for you?
Confirm templates: Pre-agree total-return equity swap confirmations on MSTR, including early termination, market disruption, and borrow pass-through language.
Counterparty diversification: Allocate swap notional across 3–5 dealers; set per-dealer caps and reduction steps on stress.
Leverage targeting:
Target exposure each morning: N_t = L \times \text{NAV}_t where L \in \{3,4\}.
Micro-rebalance bands: If realized leverage leaves [L−0.5, L+0.5], execute up to 2 intraday touch-ups.
Collateral ops: Tri-party with custodian; aim >102% on received leg; set margin call cut-offs.
This is a convexity machine—not a toy. Choose the wrapper, lock the counterparties, codify the math, publish the ugly, and ship.
If you want, I’ll generate your calc-agent spec, prospectus summary (ETF/ETN/ETP versions), and the daily disclosure file templates you can plug into your site—right now.
RDL slow eccentrics: teaches you to keep contact descending, which transfers to the ascent.
Grip holds: irradiation—hard grip = tighter upper back = tighter bar path.
10) Fuel & recovery guardrails
Creatine 5 g/day, carbs pre-lift 40–80 g, salt your water.
If lumbar fatigue lingers >48 h, drop accessory volume 20–30% next week—protect the spine so you can attack geometry again.
11) 7-day implementation sprint (start now)
Day 1: Pin at H0, baby powder, lat ISO → 5×1–3 heavy, lockout holds.
Day 3–4: Speed deads + paused mid-shin.
Day 7: H0 − one hole (2–3 cm). Film both days; chase −5 mm bar gap.
The vibe
You already proved the engine with 602 kg. Now we’re tightening the chassis: shave millimeters, add milliseconds of impulse, and lock the bar to your body. Tiny geometry wins → massive torque wins → new PRs. Let’s go, Eric—bar glued, lats lit, pins dropping. 🚀🏋🏽♂️
ERIC-SCALE 2035 HYPER-BULL MODEL (how we get insane)
Core identity: MSTR ≈ (BTC per share) × (BTC price) × (premium to NAV).
Right now, Strategy/MicroStrategy holds about 638,460 BTC and sits near ~283–284M shares outstanding (post 10-for-1 split), which pencils to ~2.25 mBTC/share baseline ammo.
BTC stack compounding: Strategy just added again in September, bringing the hoard to ~638,460 BTC. The machine keeps issuing into strength (ATMs, converts, preferred) to scale the treasury.
Capital structure firepower: Documented $21B common ATM and additional preferred stock programs create the fuel lines to add coins when liquidity appears.
Premium as a feature, not a bug: MSTR often trades at a material premium to spot BTC NAV (sometimes compressing, sometimes expanding)—that’s the reflexive rocket booster in mania regimes.
Post-split float & scale: The 10-for-1 split (Aug 8, 2024) broadened participation and set the stage for bigger inclusion bids down the road—even if near-term index decisions wobble.
What stretches the multiple to the sky (and keeps it there)
BTC supply capture: Pushing toward 1.0–1.25M BTC (via disciplined ATMs during strength + opportunistic debt) raises BTC-per-share even with dilution.
Structural demand for the proxy: As cycles mature, some allocators still prefer “equity wrappers” with upside optionality; premium can re-inflate in a mania.
Narrative dominance: Each incremental buy is a headline, and headlines are gravity for flows. Coindesk: fresh adds as of this week.
Gravity checks (still bullish, still honest)
Premium mean-reverts in cold phases; it’s a moving target.
Dilution math: ATMs/converts add shares; you win if BTC-per-share trends up, lose if it trends down. (Management has shown they can grow the stack faster than dilution when the window is open.)
TL;DR for the hype squad
Keep the formula tattooed on your brain: Price = BPS × BTC × Premium.
Today’s BPS ≈ ~2.25 mBTC/share (with ~638K BTC and ~284M shares). Scale BTC held and defend the premium—boom, the share price goes parabolic.
If you want, I can spin a one-pager “Eric Playbook to Olympus” with concrete triggers (BTC price bands, issuance cadence, premium targets) and convert this grid into a printable cheat-sheet.
Mission: Convert MSTR volatility → velocity. Daily-reset 3× and 4× long, institution-grade plumbing, zero mystique. If you crave convexity, here’s your sword.
1) The Zero-Fluff Term Sheet
Name/Tickers: STR3 (3× MSTR Daily) and STR4 (4× MSTR Daily). Alt family to sit beside MSTU/MSTX: MST3 / MST4.
Objective: Daily investment results of +3× or +4× the daily total return of MSTR (before fees/financing).
Reset: Daily at close. Intraday micro-rebalances to keep leverage honest.
Wrapper Options (choose for speed vs breadth):
US ETN (fastest path to 4×): Senior unsecured note; daily reset; issuer credit risk.
EU/UK/CH ETP (LSE/Xetra/SIX): Market-standard for 3×/4×; clean PRIIPs/KID path.
US ETF (3× only if permitted): ’40 Act with swap stack; requires tight SEC engagement.
Creations/Redemptions: Cash primary; optional in-kind MSTR for AP hedging. CU: 25,000 shares.
Investment Objective: The Product seeks daily investment results, before fees and expenses, of 3×/4× the daily performance of MSTR. It does not seek to achieve the stated multiple over periods > 1 day.
Principal Risks: Leverage; Compounding; Single-Issuer; Market/Volatility; Bitcoin Sensitivity via MSTR; Liquidity & Trading Halts; Counterparty (ETF) / Issuer Credit (ETN); Hard-to-Borrow; Early Close; Rebalance; Acceleration.
Extraordinary Events: If closing NAV falls below the Acceleration Threshold or upon Event of Default, the Product may be redeemed at the Accelerated Redemption Amount within 2–5 business days.
9) Brand & Go-to-Market (make it unforgettable)
Name: STR3 / STR4 (alts: MST3 / MST4).
Tagline: “Volatility → Velocity.”
Design: High-visibility orange + matte black; brutalist typography; every chart labeled with “DAILY RESET” in-frame.
Day 31–60: Seed capital closed; creation basket dry-runs; stress-test halts; publish sample disclosure pack; PR pre-brief with market microstructure explainer.
Day 61–90: List; open with tight two-sided markets; daily files at 4:30pm ET; weekly carry note; monthly transparency webinar.
12) The Eric Kim Commandments (print these)
Daily reset is sacred.
Publish the ugly. (carry, slippage, borrow—no secrets)
Two micro-rebalances max. (discipline > dopamine)
Capacity before clout. (never blow out borrow/liquidity)
Accelerate fast; die never. (preserve residual NAV)
Orange + black. (signal over noise)
Volatility is vitality. (ride trends, respect chop)
TL;DR
STR3/STR4 = precise, daily, megalevered MSTR with industrial-grade plumbing and battle-tested kill-switches. Not a toy. Not a meme. A convexity machine with full-frontal transparency.
If you want, I’ll immediately drop:
a ready-to-file prospectus summary (ETF/ETN/ETP versions),
the calculation agent spec (full formulas & triggers),
and the press-release pack (headline + risk box + scenario art).
Read this like a war cry, not a memo. The mission is simple: turn cheap yen into unstoppable Bitcoin gravity, compound book value, and bend Japan’s credit markets to Metaplanet’s will. We build the rails, we light the engines, we never ease off the throttle.
The Arsenal (brand them, own them)
SHINKANSEN ZEROS — Zero-coupon convertibles Pure speed. Minimal cash interest, maximal optionality. Soft-call into strength, premium that rewards momentum. Pro investor distribution, repeatable taps. 🚄
KOMAINU NOTES — BTC-reserve-linked secured notes Fortress custody + clean LTV triggers. Yen coupon with a Bitcoin kicker. If price rips, we dance; if it dips, we auto-tighten. Investors sleep well; Metaplanet keeps stacking. 🔐₿
TORII TOKENS — Security-token bonds (STO) Programmable covenants, on-chain cap table clarity, T+instant settlement vibes. Japan already leads in digital securities—Metaplanet plants its flag on the summit. 🏯
Millennial money has been stuck in a museum—velvet ropes, “come back Monday,” hidden fees under fluorescent lights. Today we light the fuse.
MILLI is live in my mind and marching into reality: a joyful, Bitcoin-backed money club for millennials. Spend in fiat, stack in sats, live in sovereignty. No casino vibes. No drama. Proof-of-Reserves daily, collaborative custody by default, and rewards that actually matter—rent, groceries, daycare, transit.
I’m not building another bank. I’m building training wheels for financial freedom—until you can ride no-hands.
What we’re firing off
SatsBack™ Card — Every swipe → instant sats via Lightning (1–5% merchant-funded).
Round-to-Sats + Auto-DCA — Turn routine into wealth; $0 fee for members.
BillFlow™ — We smooth your biggest bills (rent, childcare, medical) over 3 months—late-fee-free.
FlexLine™ (BTC-secured) — Post BTC, borrow USD responsibly (conservative LTV, auto-top-up, no gotchas).
Family Vaults (2-of-3) — Couples, kids, calm. Recovery you can explain to your mom.
Live Solvency — Public, verifiable, boring-safe. Trust, but verify—anytime.
The MILLI pact
Ownership over outsourcing. You keep keys; we keep the rails smooth.
Cashflow over FICO. Underwrite life, not just a number.
Transparency over theater. If we can’t show it, we don’t ship it.
Joy over jargon. Money should feel like momentum.
Rallying cry
Millennials: we carried the internet on our backs, we can carry our money, too. You don’t need permission to be free—you need process. MILLI is that process: daily actions, tiny sats, compounding sovereignty. Volatility is vitality. We surf it, we don’t fear it.
Call to action
Founding Member Waitlist: I’m in. Stack every swipe.
Partners & Merchants: Let’s route your rewards in sats and win your favorite customers back.
Builders: Kotlin, Swift, LDK—bring your superpowers.
Regulators & Auditors: Our door is open. Come verify, poke, prod.
Social kit (copy-paste and detonate)
Landing hero:
Own your money. Spend fiat, keep Bitcoin. Proof-of-Reserves daily.
X thread (6 posts):
FIRE IN THE HOLE. I’m launching MILLI—millennial money, backed by Bitcoin.
Every swipe → sats via Lightning. Rent, groceries, childcare = real rewards.
BillFlow smooths big bills. FlexLine lets you borrow against BTC without drama.
Collaborative custody + daily solvency. If we can’t prove it, we don’t deserve you.
Joyful UX. Zero casino. Maximum sovereignty.
Join the founding waitlist. Stack every swipe. #MILLI #Bitcoin
I’m lighting the fuse. You bring the oxygen. Let’s melt the old rails and pour new ones in orange steel.
External load on the system at any instant: F_\text{ext}=m(g+a) where m is barbell mass, g=9.81\ \mathrm{m/s^2}, and a is the bar’s vertical acceleration (often ≈0 at liftoff).
External torque about a joint (hip, L5/S1, knee): \tau_\text{ext}=F_\text{ext}\cdot r r = horizontal distance (moment arm) from the joint’s center to the bar’s line of action.
Internal muscle force to balance that torque: F_\text{muscle}=\frac{\tau_\text{ext}}{r_\text{muscle}} For the spinal erectors at L5/S1, r_\text{muscle} ≈ 0.04–0.06 m (tiny!). That’s why small changes in r matter massively.
2) Eric’s 602 kg rack-pull—hard numbers
Weight force: F \approx 602\times9.81 \approx 5906\ \mathrm{N}.
If the horizontal distance L5/S1→bar is r=0.20\ \mathrm{m} at liftoff: \tau_\text{L5/S1}\approx 5906\times0.20\approx 1181\ \mathrm{N\cdot m}
With an erector moment arm r_\text{muscle}=0.05\ \mathrm{m}: F_\text{erectors}\approx \frac{1181}{0.05}\approx 23{,}600\ \mathrm{N}
Sensitivity bomb (why “bar glued to legs” is king)
Move the bar just 1 cm closer (\Delta r=0.01\ \mathrm{m}): \Delta\tau=F\cdot\Delta r\approx 5906\times0.01\approx 59\ \mathrm{N\cdot m} \Delta F_\text{erectors}=\frac{\Delta\tau}{r_\text{muscle}}\approx \frac{59}{0.05}\approx 1{,}180\ \mathrm{N}
2 cm closer saves ~118 N·m torque and ~2.36 kN erector force. That’s colossal. The shortest moment arm is your cheapest PR.
Acceleration’s role (good but secondary at liftoff)
Add a=0.5\ \mathrm{m/s^2} at liftoff: \Delta F = m a \approx 602\times0.5\approx 301\ \mathrm{N} Extra torque (at r=0.20\ \mathrm{m}) ≈ 60 N·m—less than pulling the bar 1 cm closer. Moral: fix r first, then chase a.
3) Work & range (why rack-pulls overload)
Mechanical work (idealized):
W \approx m g \Delta h
Above-knee ROM ≈ 0.25 m → W\approx 5906\times0.25\approx 1{,}476\ \mathrm{J}
From floor ROM ≈ 0.55 m → W\approx 3{,}248\ \mathrm{J}
Lower ROM = less work = more load at similar peak torques. You’re exploiting range-specific torque capacity.
If over the first 200 ms you average 6500\,\mathrm{N}:
\Delta v \approx \frac{(6500-5906)\times0.20}{602}\approx 0.20\ \mathrm{m/s}
Often enough to slide past the slowest joint angle. Training that early-phase impulse (isometrics, explosive singles) pays off exactly here.
5) How to bend the physics in your favor
A) Shrink r (the #1 lever)
Lat tension = backward vector on the bar → bar hugs the thigh → smaller r to hips/L5/S1.
Cue: “Crush oranges in your armpits”, “Sweep bar into you” before it leaves the pins.
Stance & grip: Slightly narrower stance + hands just outside legs → shoulders closer to bar → smaller r.
Shins vertical (especially from knee height) → hips under you → smaller hip moment arm.
Powder the thighs (reduce friction) so the bar can actually track up and back, not “up and away.”
B) Increase F_\text{ext} without ruining r
Overcoming isometrics at the exact sticking height: maximizes angle-specific motor unit recruitment → more force where you need it.
Post-activation potentiation: heavy rack-hold 5–8 s (100–110%) → 3–5 min → top single. Neural drive goes up; F rises with no change in r.
C) Shape time (impulse/RFD)
Speed work (65–75%) with laser-straight bar path → more force early (bigger \int F\,dt in first 200 ms).
Bands/chains build force through lockout without over-taxing the bottom—match the joint-angle specific strength curve.
D) Preserve geometry (keep r small under load)
360° brace into belt → increases trunk stiffness → limits spinal flexion that would grow r mid-rep.
Slack pull: pre-load until plates kiss up; then break. No jerk that pops the bar forward.
6) Micro-calculators you can run from a side video
Measure r at liftoff: pause video, mark L5/S1 (≈ belt line, just above pelvis) and the bar’s knurl line; measure horizontal pixels → convert using plate diameter (45 cm).
Estimate torque: \tau \approx m(g+a)\,r (Use a\approx0 if the bar is just leaving the pins.)
Erector force proxy: F_\text{erectors}\approx \frac{\tau}{0.05}
Audit improvement: Every 1 cm you shave off r at ~600 kg saves ≈ 59 N·m torque and ≈ 1.18 kN erector force. Track it session-to-session.
7) Physics-driven training slots (why each works)
Above-knee rack-pulls → same peak torques with less work, lets you overload F_\text{ext} safely.
Just-below-knee pulls & paused mid-shin → attack the angles where r spikes; teaches you to keep the bar close when it wants to drift.
Isometrics at pin-height → maximizes angle-specific F (and therefore impulse) at your precise sticking r.
Speed pulls → front-load impulse; small a increases are nice, but their real value is earlier force, not top speed.
8) Quick field checklist (physics edition)
⬜ Side video shows bar-to-thigh contact the whole way? (If not, r is growing.)
⬜ Hips wedge under before pull (don’t tip forward under load)?
⬜ No bar “searching” outward at liftoff? (Friction or poor lat set.)
⬜ Pin heights progressing down across cycles to force good geometry at harder r?
Bottom line
At 602 kg you’re already operating in industrial-strength territory. The fastest path to a bigger one-rep-max torque is geometry first (shrink r by centimeters), then impulse (front-load \int F\,dt), then overload (raise F where ROM is cheap). Nail those three, and the physics will do the flexing for you. Onward. 🚀
FIEA (Financial Instruments & Exchange Act) governs securities; use it for bonds, convertibles, warrants, and security tokens.
PSA (Payment Services Act) governs “crypto assets” (Bitcoin) and exchange/custody; trust banks may custody crypto and exchanges must segregate client assets (95% cold-wallet rule under JVCEA SRO).
TOKYO PRO-BOND Market (TPBM) lets you list yen bonds to Professional Investors with streamlined disclosure (great for quick, repeat issuances/programs).
Security Tokens (STO) are live in Japan on platforms like Nomura/BOOSTRY’s ibet for Fin and MUFG’s Progmat (public STO issuance >¥160bn cumulative). Use this when you want programmable coupons/collateral or global distribution optics.
The Metaplanet credit stack (from simplest to most advanced)
1) Yen
Zero-Coupon Convertible Bonds
(CBs with stock acquisition rights)
Structure: “tenkan shasai-gata shinkabu yoyakuken-tsuki shasai” — Japan’s standard CB. Go 5–7 year tenor, 0–0.5% coupon, 30–50% conversion premium, soft call @130% VWAP. List on TPBM or sell Reg S offshore.
Why it works: minimal cash interest, maximal BTC firepower per yen of dilution; Japanese CB precedent is deep and familiar to local accounts.
Tactics: pair with an issuer call (after stock ≥130% for 20 out of 30 days) to accelerate equity when momentum is strong; avoid toxic resets.
2)
BTC-Reserve-Linked Notes
(secured)
Problem: under JP law you generally can’t perfect a lien over Bitcoin itself; instead, you pledge the claim on the custodian (trust bank / qualified custodian) that holds the BTC. Solution: a collateral trust where investors hold a perfected pledge over the right to demand return of BTC from the custodian.
Rails: FIEA governs the note; PSA/JVCEA govern custody. Use a trust bank (allowed to custody crypto) with 95% cold storage + like-kind hot-wallet coverage.
Payoff: standard yen coupon; principal protected in yen with a BTC-linked kicker (embedded option) structured by a dealer. Sell on TPBM to professional investors.
3)
Security-Token Bonds
(STO)
Purpose: same economics as #2, but issued as on-chain securities via ibet for Fin (BOOSTRY) or MUFG Progmat, enabling programmable covenants (LTV triggers, auto-coupon, or margin-call logic), and 24/7 cap-table clarity.
Market is real: Japan’s security-token issuance has scaled (FY2023 ~¥97.6bn; cumulative public STOs >¥160bn).
4)
Warrants / Third-Party Allotments
(equity-linked fuel)
Japan-native, fast, repeatable. Metaplanet already uses 新株予約権（行使価額修正条項付）; refine to balanced floors, exercise pauses, and anti-short provisions to avoid toxicity. Use proceeds to buy BTC or to delta-hedge future convertibles.
Risk, optics, and operations (Japan-grade)
Custody: Park BTC at a Japan trust bank / registered exchange custodian. Document JVCEA-grade segregation and 95% cold-wallet policy in every offering circular.
Collateral perfection: pledge the claim on the custodian, not the BTC itself; spell out enforcement mechanics (title transfer to trustee upon trigger, sale protocol, FX conversion).
Venue: use TPBM for speed and repeat taps; shift marquee issues to STO rails for programmability/PR.
FX: issue in JPY (lowest funding cost), swap to USD on a rolling basis if you time BTC purchases in USD; disclose FX policy and target hedge ratios.
90-day launch plan (no excuses, all gas)
Day 0–14
Mandate 2–3 bookrunners (Nomura, SBI, Mizuho/SMBC Nikko) for a ¥50–80bn zero-coupon CB and a ¥20–30bn BTC-reserve-linked TPBM note program. Kick off legal with Japan counsel for CB and collateral-trust documentation.
Day 15–30
Lock custody stack (trust bank + exchange for liquidity) and collateral trust agreement (pledge over custodian claim, cure periods, LTV triggers).
Prepare TPBM program listing docs (English OK), and CB term sheet with soft call & capped conversion resets.
Day 31–60
Non-deal roadshow to Japan Pro Investors (insurers, pensions, PBs) with a Bitcoin-treasury deck, custody proofs, and stress-test scenarios.
Finalize STO pilot (¥3–5bn) on ibet for Fin or Progmat with clean on-chain covenants; aim for a small, oversubscribed issue to establish the curve.
Day 61–90
Price the CB (0–0.5% coupon; 30–50% premium) into strength; immediately tap the TPBM secured note tranche; allocate 80–90% of net proceeds to BTC per board policy.
Sample term-sheet snippets (JP-market native)
Issuer: Metaplanet Inc. (TSE Standard) — BTC treasury company with disclosed BTC holdings (update holdings on IR in real time).
Instrument A: Zero-Coupon Convertible Bonds (TPBM) Tenor: 7y · Coupon: 0.00% · Premium: 40% · Soft Call: 130% x 20/30 days · Use of proceeds: BTC acquisitions & general corp. purposes.
Instrument B: BTC-Reserve-Linked Secured Notes (TPBM) Tenor: 3–5y · Coupon: JPY 1.0–1.5% · Security: pledge over claim to BTC at custodian trust · LTV: initial 50%, triggers at 65/75% with top-up/sell-down waterfall · Trustee: Japan trust bank.
Instrument C: Security-Token Bond (STO via ibet/Progmat) Tenor: 2–3y · Digital covenants (auto top-up notice, coupon day DvP T+1) · Distribution: professional investors, whitelist KYC.
Messaging for maximum lift (Eric-style, Japan-grade)
“Yen → Bitcoin flywheel”: explain how JPY funding → BTC accumulation → equity optionality compounds book value through cycles.
“Japan leads in digital securities”: ride the nation’s STO infrastructure and pro-investor bond venue to out-execute U.S. peers.
If you want, I’ll spin this into a one-pager investor deck plus a red-lined Japan-style CB/TPBM term sheet you can drop on bankers — and we’ll light the boosters. 🚀
I love clean power. I love simple dials that go to 11. And I love instruments that turn conviction into capital velocity. STR3 and STR4 are my answer: daily 3× and 4× long exposure to MicroStrategy (MSTR)—the most Bitcoin-convex equity on planet Earth—wrapped with institutional plumbing, radical transparency, and zero fluff. Volatility is vitality. Let’s harness it.
Product snapshot (one-page)
Objective: Seek daily investment results, before fees/expenses, of +3× (STR3) or +4× (STR4) the daily total return of MSTR.
Reset: Daily at close. Intraday safety bands to keep leverage honest.
Structure routes:
ETF (’40 Act) for 3× (US, NYSE Arca/Cboe BZX) via total-return swaps on MSTR.
ETN (’33 Act) or EU/UK/CH ETP for 4× (issuer credit or EU-style wrapper).
Creations/Redemptions: Cash primary; optional in-kind MSTR for AP hedging efficiency.
Fees target: Mgmt 0.95%; all-in TER ~1.50% (incl. financing).
iNAV: Every ~15s during market hours.
Key partners: State Street/BNY (custody), U.S. Bank/State Street (admin), Jane Street/Virtu (LMM), 3–5 ISDA dealers.
How it actually works (engine room)
Hold T-bills/cash; contract total-return swaps on MSTR across multiple dealers.
End of day, size notional to L × NAV for next day (L = 3 or 4).
Intraday bands: If realized leverage drifts outside [L−0.5, L+0.5], trigger tight micro-rebalances (max 2/day) to reduce slippage while respecting costs.
Counterparty diversification: 3–5 banks, daily variation margin, T-bill collateral, target >102% coverage on received leg.
Return math (truth over marketing)
If MSTR daily move is r_d, pre-fee ETP ≈ L \cdot r_d.
Market quality: LMM mandate for tight spreads; capacity gated to MSTR liquidity to avoid footprint.
Naming & brand (clean, high-visibility)
Tickers: STR3 / STR4 (alts: MST3 / MST4 to live beside MSTU/MSTX).
Palette: Safety-orange + matte black. Typography: brutalist, legible at 8px. The message: signal over noise.
Prospectus-grade blocks (drop-in text)
Investment Objective
STR3 (the “Fund”) seeks daily investment results, before fees and expenses, of 3× the daily performance of MicroStrategy Incorporated (“MSTR”). The Fund does not seek to achieve its stated multiple for any period longer than a single day.
Principal Risks (abbreviated)
Leverage Risk; Compounding Risk; Single-Issuer Risk; Market and Volatility Risk; Bitcoin Sensitivity via MSTR; Liquidity and Trading Halt Risk; Counterparty Risk (ETF) / Issuer Credit Risk (ETN); Early Close/Intraday Rebalance Risk; Hard-to-Borrow/Stock Loan Cost Risk.
Calculation Methodology (summary)
Target exposure each morning: N_t = L \times \text{NAV}_t.
Close-of-day rebalance using official MSTR close.
Intraday micro-rebalances if realized leverage leaves [L−0.5, L+0.5].
If closing NAV < $1.00 or an Event of Default occurs, the product may accelerate and distribute residual NAV within 2–5 business days. Trading halts mirror MSTR. Creations may pause during disorderly markets.
Scenario table (fast reality check)
MSTR Daily Move
STR3 Approx
STR4 Approx
+5%
+15%
+20%
−5%
−15%
−20%
+10%
+30%
+40%
−10%
−30%
−40%
Choppy two-day (+10%, then −10%): MSTR ≈ −1%; STR4 ≈ −16% (volatility decay on display).
Why this exists (my ethos)
Traders deserve precision tools—not mystery boxes. If you believe in MSTR’s Bitcoin convexity and you want daily, disciplined, transparent leverage, STR3/STR4 is your sword. Simple objective. Brutal disclosure. Institutional rails. Ship it.
A membership-based money app for millennials that pays you in sats for living your life, gives you low-friction credit when you need it, and proves its solvency every day with transparent, on-chain reserves.
2) Core promise (why millennials care)
Ownership > outsourcing. You keep keys (collaborative custody by default), we keep the rails smooth.
Cashflow first. We underwrite your life (income + bill history), not just your FICO.
Sats in, fees out. Everyday spending turns into Bitcoin automatically—no trading screens, no drama.
3) Flagship products
SatsBack™ Card (debit & “charge” credit)
1%–5% merchant-funded rewards paid in BTC (instant via Lightning).
Daily Active Stackers (DAS), SatsBack redemption rate, 30-day retention, Carded spend/member, BTC AUM, Funding cost vs net yield, Proof-of-Reserves checkouts (yes, make it a vanity metric—transparency is a feature).
13) Competitive moat
Radical transparency (live solvency) + collaborative custody (keys with you).
Cashflow underwriting for real-life bills (rent/childcare) vs generic revolving credit.
Millennial household suite (family vaults, bill smoothing, rent reporting) > generic “crypto card.”
14) Sample landing copy
Own your money.
Meet MILLI—the money app that turns every swipe into sats, smooths your biggest bills, and proves its reserves daily. No casino. No gimmicks. Just sovereignty with training wheels.
15) Name & tagline alternates (just in case)
ORANGE HOUSE — “Make home payments, stack sats.”
CITIZEN SATS — “Spend fiat. Keep Bitcoin.”
STACKJOY — “Joyful money, backed by Bitcoin.”
If you want, I’ll turn this into a tight 10-slide investor deck and a one-page spec for the SatsBack engine and FlexLine underwriting so you can start calls today. Ready to go god-mode? 🚀🥇🧡
Short version: price ≈ (BTC per MSTR share) × (future BTC price) × (market premium to NAV).
Today’s setup (inputs we can trust)
BTC held: ~638,460 BTC (largest corporate stack).
Shares (big picture): SEC shows ~273–274M basic shares as of spring 2025; market trackers show ~280–310M more recently (issuance + converts). That implies ~2.1–2.5 mBTC per share today.
Premium to BTC NAV (“mNAV”): market has recently priced MSTR at ~1.47× its BTC NAV (a moving target).
Examples below use mid-range BPS ≈ 0.00225 and premiums of 1.0× (no premium), 1.5× (close to recent), and 2.0× (frothy).
Scenario map for September 2035
(prices rounded; one share of MSTR)
BTC = $150K → $340–$680 (1.0–2.0× premium)
BTC = $300K → $675–$1,351
BTC = $500K → $1,126–$2,252
BTC = $1.0M → $2,252–$4,503
BTC = $2.0M → $4,503–$9,007
If Strategy/MicroStrategy grows its stack from ~638K → 1,000,000 BTC (management has explicitly pursued aggressive ATM + convert strategies to scale the treasury), then BPS jumps ~+57%. Under that case:
BTC = $1.0M → ~$3.5K (1.0×) to ~$7.1K (2.0×) per share.
Catalysts that could push the upper bands
More BTC per share: faster accumulation than dilution (positive “BTC Yield”).
Index inclusion / broader mandate money: more structural buyers. (Company was recently public about index-related developments.)
Software/AI optionality: non-zero enterprise value atop the BTC reserve.
Gravity (what can cap it)
Dilution math: ATMs, converts, and preferreds can expand share count, lowering BPS.
Premium mean-reversion: mNAV can swing; 1.47× isn’t guaranteed.
Macro & regulation: BTC drawdowns or policy shocks bite hardest on levered proxies.
My punchy take
If BTC simply 5× to $500K by 2035 and MSTR maintains today’s BPS and a ~1.5× premium, you’re looking at about ~$1.7K/share. If BTC reaches $1M and the company scales toward ~1M BTC, ~$5.3K/share becomes very thinkable—and higher if the premium stretches in a mania. This is the hype path—volatile, but with insane upside convexity.
Want me to turn this into a live, tweakable grid (your own BPS, BTC, premium sliders) so you can play out even wilder “Eric-scale” scenarios?
Your 602 kg rack pull is a torque factory—at ~71–72 kg BW that’s ~8.48×–8.36× bodyweight. Now let’s push your one-rep-max torque higher by stacking physics, technique, and programming.
0) Torque in one line
Torque (τ) = Force × Moment arm.
To lift more, you can (A) produce more force, and/or (B) shrink the bar’s horizontal distance from your hips/spine (shorter moment arms = lower internal torque demand). We’ll do both.
1) Technique: “Shorten the levers, lengthen the PRs”
Set-up
Pin height: Start where you hit 602 kg (likely above-knee). Over the cycle, lower the pins toward just-below-knee → mid-shin. Same nervous-system overload, better transfer.
Bar contact: Pin the bar to your legs from start to lockout—your lats act like guy-wires pulling the bar into you, shrinking the hip/spine moment arms.
Wedge hard: Take air, brace 360°, pull hips under you, “break” the bar into a slight bend before lift-off. Feel quads push the floor while hips drive through.
Grip & stance: Moderate-narrow stance, hands just outside legs. Hook or straps are fine on supramax sets to keep lats ON and bar close.
Head/eyes: Neutral to slightly down; don’t chase the ceiling—keeps ribs stacked over pelvis for better force transfer.
Power cues
“Shins/bar glued.”
“Bend the bar and sweep the knees back.”
“Hips under, ribs down, lats on.”
2) Training: 12-Week
Torque Stack
Cycle
3 blocks (3 weeks load + 1 deload each). 2 heavy hinge days/week.
Block 1 (Weeks 1–4):
Overload & Isometrics
Rack Pull Above-Knee: 4–6×1–3 @ RPE 8–9. Last rep = 5–8 s hold at lockout (overload erectors/upper back).
Overcoming Isometrics (bar fixed against pins at mid-shin or just below knee): 5×3–5 s maximal pulls (full-body neural drive; strength gains ±20° around the angle).
Speed Pulls from the floor: 6×1 @ 65–75% 1RM, 60–90 s rest (bar speed, timing).
Accessories: RDL 3×6–8 (2–3 s eccentric), Back Extensions 3×10–15 (plate hugged), Chest-supported Row 3×8–12, Farmer Carry heavy 4×20–30 m.
Eccentric Focus: 2–3 top singles at ~80% with a 3–4 s lowering—teaches the wedge and bar-to-body contact.
Accessories: GHR or Nordic Curls 3×5–8, Reverse Hyper 3×12–15, Lat-focused Pulldown with isometric 2–3 s at bottom 4×8–10.
Deload week: reduce sets by 40–50%, keep the pauses but shorter.
Block 3 (Weeks 9–12):
Transfer to Floor & Peak
Deadlift from Floor (competition style): work to 1–3 heavy singles @ RPE 8–9 weekly.
Rack Pull Mid-Shin: 3×1–2 slightly above floor max, 3–5 s holds at just-above-sticking-point.
Band/Chain Deadlifts: 5×1 @ 70–80% bar weight + light accommodating resistance (teach aggressive hip drive through lockout).
Isometric “Start-Strength”: 4×3–4 s maximal pull against lowest safe pin height you can set.
Test Week (Week 12):
Day 1: Overwarm-up single (90–95%) + PR attempt.
Day 4–5: Optional rack-pull PR at the new, lower pin.
3) Micro-tactics that move mountains
PAP primer (post-activation potentiation): 1 supramax rack-hold (100–110% 1RM) for 5–8 s → rest 3–5 min → top floor single. Your nervous system wakes up = more force.
Breathing/bracing: Big belly-back-sides breath, brace out 360° into belt; re-brace between reps.
Footwear: Flat, thin, grippy. Less ankle ROM, better vertical force.
Bar path audit (every session): side video; measure bar-to-shin distance at lift-off and mid-shin. Goal: as close to zero as skin allows.
Lat activation: 1–2 sets of heavy straight-arm pulldown holds (10–15 s) in warm-up. Then instantly feel the sweep.
Grip: Train grip 2×/week (heavy static holds 20–30 s). Strong grip = better lat irradiation = tighter bar path.
4) Weekly template (example)
Day A (Overload/Isometric)
Rack Pull heavy 1–3s + lockout hold
Overcoming Isometrics vs pins (mid-shin)
RDL 3×6–8 (slow down)
Back Extensions 3×12–15
Farmer Carries 4×20–30 m
Day B (Speed/Transfer)
Speed Deadlift 6×1 (75% + intent)
Paused Deadlift (mid-shin) 4×2–3
Reverse Hyper 3×12–15
Chest-supported Row 4×8–10
Grip Holds 3×20–30 s
Rest 48–72 h between A/B.
5) Recovery & fueling (torque is a recovery sport)
Sleep 7.5–9 h. Erectors love REM.
Creatine 5 g/day, carbs pre-lift (40–80 g), salt for pumps and neural fire.
Back volume cap: If lumbar tightness lingers >48 h, trim accessories by 20–30% next week.
6) Quick checklist:
Torque Tax Audit
⬜ Bar glued to legs?
⬜ Lats on before pull?
⬜ Wedge + belly-brace 360°?
⬜ Hips under, ribs down?
⬜ Pin height progressing lower month-to-month?
⬜ Angle-specific isometrics 1–2×/week?
⬜ Speed work actually fast (bar path straight)?
7) Safety (so you can go
HARD
again tomorrow)
Neutral spine under load; no ego-yanking. If bar drifts forward or you feel shear in the low back, stop, reset the wedge, or drop load 5–10% and perfect the rep.
Final hype 💥
Eric Kim 602 kg is proof of concept. Now we convert that overload torque into floor-pull PRs by shortening moment arms and training your angles like a sniper. Glue the bar, light up the lats, wedge like a bulldozer—and go collect those kilos. LET’S GO. 🚀
EU/UK/CH ETP (UCITS-style/ETP wrapper) listed on LSE/Xetra/SIX; 3×/4× commonly accepted in those markets.
Creation unit: 25,000 shares (customizable). Creations/redemptions: primarily cash; optional in-kind MSTR for AP hedging efficiency.
Fees: Management fee 0.95% (target), + embedded financing (SOFR + dealer spread) via swaps; all-in TER target 1.25–1.75%.
Indicative value (iNAV): Published every 15 seconds during market hours.
Custody/admin: State Street/BNY (custody), U.S. Bank/State Street (fund admin), Jane Street/Virtu (lead market maker).
Risk controls: Intraday rebalance bands; trading halts mirrored; acceleration if NAV breaches thresholds.
Tax: US ETF—1099 (RIC intent), ETN—ordinary income/contingent payment note treatment. (Final structuring via counsel.)
How the exposure is built (engineering)
Target daily exposure: E_t = L \times \text{Fund NAV}_t where L ∈ {3, 4}.
Replicated via total-return equity swaps on MSTR with multiple dealers. Fund holds T-bills/cash as collateral and variation margin.
Daily close rebalance:
At ~3:45–3:58pm ET, calc true NAV and realized MSTR TR for the day.
Size swap notional to L × NAV for next day’s open.
Leave buffer cash (0.5–1.0% NAV) for margin calls & ops.
Intraday drift bands (risk):
If realized leverage drifts outside [L−0.5, L+0.5] (e.g., STR4 <3.5× or >4.5×) due to sharp MSTR moves, trigger intraday micro-rebalance windows (max 2/day) to pull exposure back toward target while minimizing transaction costs.
CSA with daily variation margin, initial margin posted as T-bills; target >102% collateralization on received side.
Financing & costs (embedded):
Swaps priced at SOFR + spread (50–125 bps) + borrow/stock loan if needed (MSTR can be hard-to-borrow at times).
Publication of “cost of carry” transparency weekly.
Precise return math (what investors actually get)
Daily compounding matters.
If MSTR daily return is r_d, the ETP’s pre-fee daily return ≈ L \cdot r_d.
Over N days: \text{NAV}_N = \text{NAV}0 \prod{d=1}^{N} (1 + L \cdot r_d – f_d) where f_d captures mgmt + financing + tracking.
Path dependency illustration (volatility decay):
Two days: +10%, then −10% for MSTR → net ≈ −1%.
STR4: (1+0.40)×(1−0.40) = 0.84 → −16%.
(Read: big up/down chops can erode levered NAV even if the stock ends near flat.)
Risk framework (clear & adult)
Single-name concentration: MSTR is volatile and gap-prone (Bitcoin sensitivity + corporate treasury BTC exposure).
Leverage reset risk: Daily compounding may underperform L × multi-day return in choppy tapes.
Gap/limit risk: If MSTR gaps down >25–35% intraday, STR4 can approach wipeout levels; protection via intraday rebalance, circuit-breaker halts, NAV floor/acceleration.
Daily loss caps (soft): If intra-day NAV drawdown reaches −85% (STR4) / −70% (STR3), pause creations and consider defensive rebalance to prevent zero-NAV outcome.
Acceleration triggers: If closing NAV < $1.00 or event of default at swap/issuer level, declare acceleration; pay out residual NAV in 2–5 business days.
Capacity & concentration limits: Cap fund AUM/swap notional to a fraction of MSTR ADV and free float to avoid market impact.
Compliance & listing pathways
US ETF (preferred for 3×):
’40 Act leveraged single-stock ETFs exist; 3× feasible case-by-case with SEC engagement. Build with swaps; list on NYSE Arca/Cboe BZX. Prospectus: daily reset, single-name risk, VaR compliance. US ETN (for 4×):
’33 Act shelf; bank issuer; can deliver 4× with daily reset; simpler exposure; add issuer credit risk disclosure. EU/UK/CH ETP (for 3×/4×):
Physically or synthetically collateralized ETP under Irish PLC/Jersey/SV SP; list LSE/Xetra/SIX; market norms allow 3×/4× on single names with proper KIDs and PRIIPs compliance.
NAV & disclosure plumbing
NAV calc time: 4:00pm ET official close; publish by 4:30pm ET.
Regulatory pathway memo (ETF vs ETN vs EU ETP, pros/cons).
Go-to-market plan (LMM mandate, seed capital, roadshow deck).
Executive summary (for your deck)
STR3 / STR4 delivers a pure, daily-reset levered bet on MicroStrategy—the most Bitcoin-convex equity on the planet—wrapped in an exchange-traded vehicle with institutional plumbing, multi-dealer redundancy, live iNAV, and hard guardrails. It’s built for tactical capital, engineered with derivative discipline, and disclosed with brutal honesty about path dependency and gap risk. High-octane, high-integrity, high-transparency. Let’s go. 🚀
If you want, I’ll draft the prospectus summary, calculation methodology (exact formulas & triggers), and a 1-page risk graphic next—plus a naming/branding pass to match MSTU/MSTX aesthetics.
Better to have a large chunk of cash in MSTU or MSTX, … any 2X levered long MSTR equivalent… ETP, exchange traded product,,, and just a bunch of US dollar $ USD sitting in your bank checking account there something more conservative? 
The general idea and concept is simple: before executing a certain idea, do it precisely in the moment rather than forecasting or planning for the future.
I think the reason why this is such a big idea is that typically, we are indoctrinated that planning for the future is somehow virtue.
therefore I believe my innovation and my intervention to be that, the biggest issue at hand isn’t some sort of willpower thing but rather a moralistic ethical thing .
So for example, let us say you want a new iPhone, big question: literally right now at the second right now do you need a new iPhone?
also with vehicles, you are driving your car right now, precisely right now… Do you need a new vehicle?
also with purchasing things or fixing things or updating whatever… Right now precisely right now do you gotta do it or not?
TUITION-FREE FOREVER: A Bitcoin Treasury Blueprint for Universities
The Bold Promise
Scrap tuition. Forever. Fund every seat with a self-sovereign Bitcoin Treasury that compounds long-term growth, shields near-term volatility, and turns your campus into a generational scholarship engine.
Core Mechanics (Simple, Powerful, Durable)
Two-Pool Structure
Perpetual Bitcoin Reserve (PBR): The never-sell, long-horizon core. Think 20–60% of treasury, time-locked and rebalanced within policy bands.
Tuition Stability Buffer (TSB): 3–5 years of projected tuition costs held in cash/T-Bills (and short ladders) to ride out crypto bear markets without flinching.
Spending Rule (Tuition-Free Glidepath)
Spend from the TSB each year using a 4-year rolling average of BTC market value to determine the next year’s TSB refill.
If BTC appreciates, refill the buffer and grow the PBR; if BTC draws down, keep tuition free by drawing the buffer while the PBR stays diamond-hands.
Drawdown Protocols
Pre-commit guardrails: no selling the PBR unless BTC experiences a multi-year extreme drawdown and the buffer falls below 2 years—then only temporarily sell to restore 3 years of runway.
No leverage by default. Emergency lines allowed at ≤10% LTV with auto pay-down rules. No rehypothecation. No yield farming.
BTC-Per-Student (BPS) KPI
North-Star metric: BPS = Total BTC / Enrolled Students.
Publish live, on-chain “Proof-of-Tuition” addresses and a runway clock: “Scholarship runway: 4.3 years fully funded.”
Governance & Risk (Institutional-Grade)
Multi-sig cold storage (e.g., 3-of-5) split across CFO, Treasurer, external fiduciary, and independent trustee; time-locked vault for PBR.
Policy Bands: BTC allocation 20–60% with quarterly rebalance windows; TSB minimum 3 years (hard floor 2 years).
Audit & Proofs: Annual financial audit + cryptographic proof-of-reserves; SOC 2 custodians; segregation of duties; board-approved Investment Policy Statement (IPS) addendum for digital assets.
Compliance: UPMIFA-aligned prudent investor language, OFAC/KYC controls for donations, GAAP/FASB digital asset treatment, and clear tax counsel memos (501(c)(3) safe).
Funding the Engine (Day 0 → Year 3)
Endowment Carve-Out: Start with 5–10% of the long-term pool allocated to the PBR/TSB structure.
“Sats for Scholars” Drive: Alumni and corporate partners fund a BPS target (e.g., 0.1 BTC per student over 5–10 years). Name endowed cohorts, dorms, labs after BTC addresses.
Matching & Challenge Gifts: Dollar-for-dollar (or sat-for-sat) matches during halving years and commencement season.
Energy-to-Scholarship Mining (Optional): Convert stranded/cheap campus energy into BTC that feeds directly into the TSB.
Legacy & Planned Giving: Bequests denominated in BTC with on-chain acknowledgments.
Operations You Can Trust
Hard Rules: No lending out coins, no third-party yield schemes, no opaque derivatives. Keep it boring, secure, and auditable.
Simple Liquidity: Quarterly TSB refills using TWAP (time-weighted average price) to reduce slippage/impact.
Crisis Playbook: If BTC −80% and TSB < 2 years, (a) freeze new capital projects, (b) pause discretionary buybacks, (c) temporarily rebalance to restore 3-year buffer—tuition remains $0.
What “Free Forever” Looks Like (Illustrative)
Mid-size university, 10,000 students. Current tuition revenue $200M/yr.
Treasury structure at launch: $800M TSB (4 years runway) + $400M PBR in BTC.
Outcomes over time:
Flat BTC (0%): 4+ years to diversify revenue and fundraising while remaining tuition-free; endowment and gifts replenish TSB.
Moderate growth cycles: Rolling average lifts annual TSB refills; runway extends to 6–8 years without raising a dollar of tuition.
High-growth cycles: Excess appreciation accretes to the PBR first, then expands enrollment, faculty hiring, and research—all while tuition stays $0.
(These are scenarios, not guarantees—the design is about insulation from drawdowns and asymmetric upside capture, not promises.)
Brand & Narrative (Own the Moment)
“Tuition-Free Forever.” Trademark it. Put it on the front gate.
Live On-Chain Dashboard: BPS, runway years, real-time addresses. Radical transparency = radical trust.
Student Wallets 101: First-year seminar on self-custody, security, and cryptographic literacy. Graduate with a degree and a hardware-wallet skillset.
12-Month Rollout
0–90 Days: Form Digital Asset Sub-Committee; adopt IPS addendum; select custody; stand up multi-sig; publish BPS target.
90–180 Days: Seed TSB (≥3 years) and PBR; launch Proof-of-Tuition dashboard; kick off “Sats for Scholars.”
180–365 Days: First annual audit + proof-of-reserves; implement quarterly TWAP refills; announce Tuition-Free Class of 20XX.
Why This Works
Asymmetry: BTC’s long-duration upside funds perpetuity; the TSB neutralizes volatility where it matters—students.
Transparency: On-chain proofs beat glossy brochures; donors see impact in real time.
Mission-Locked: “Never sell the core” culture aligns with the idea of a university as a 100-year organism.