Forwarded from Ahboyash Reads
Collector Crypt's $62M revenue is the same money, going in circles
Collector Crypt’s reported $62M revenue was almost entirely ($58M) recycled external deposits looped through automated buyback bots, not organic demand - evidenced by 93% volume from top wallets and metronome-like bots making identical $250 buys 20 hours/day
The vault holds real graded cards worth $18.6M and recycling was disclosed, but revenue equals the float with near-zero net value creation
https://x.com/johna2an/status/2071106458695901425?s=20
Collector Crypt’s reported $62M revenue was almost entirely ($58M) recycled external deposits looped through automated buyback bots, not organic demand - evidenced by 93% volume from top wallets and metronome-like bots making identical $250 buys 20 hours/day
The vault holds real graded cards worth $18.6M and recycling was disclosed, but revenue equals the float with near-zero net value creation
https://x.com/johna2an/status/2071106458695901425?s=20
X (formerly Twitter)
Startup Painkiller (@johna2an) on X
"Collector Crypt's $62M revenue is the same money, going in circles"
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Forwarded from Crypto Narratives
Summary:
- USD Reserve policy: they are now committing to having at least 1y worth of dividends in it. They are also promising that it won't be used for anything other than div payments.
- STRC dividend: basically there is no clear guidance anymore, they are not guaranteeing a dividend increase even if it trades below par.
- STRC + other prefs buyback program: they are announcing that they might do it, but haven't done anything yet => Signal that they could buy these back if their price goes low enough
- MSTR buyback program: they are announcing that they might do it, but haven't don't anything yet. => Signal that MSTR mNAV *could* be defended below some threshold
- They remind everyone that they could be selling BTC for all sort of purposes, but still only sold MSTR and not BTC last week even at depressed mNAV
- They sold $1.1bn worth of MSTR shares to replenish the USD reserve, which now covers almost 1.5 year worth of dividends
https://x.com/saylor/status/2071565162377568377
- USD Reserve policy: they are now committing to having at least 1y worth of dividends in it. They are also promising that it won't be used for anything other than div payments.
- STRC dividend: basically there is no clear guidance anymore, they are not guaranteeing a dividend increase even if it trades below par.
- STRC + other prefs buyback program: they are announcing that they might do it, but haven't done anything yet => Signal that they could buy these back if their price goes low enough
- MSTR buyback program: they are announcing that they might do it, but haven't don't anything yet. => Signal that MSTR mNAV *could* be defended below some threshold
- They remind everyone that they could be selling BTC for all sort of purposes, but still only sold MSTR and not BTC last week even at depressed mNAV
- They sold $1.1bn worth of MSTR shares to replenish the USD reserve, which now covers almost 1.5 year worth of dividends
https://x.com/saylor/status/2071565162377568377
X (formerly Twitter)
Michael Saylor (@saylor) on X
Strategy announces a Digital Credit Capital Framework designed to strengthen Digital Credit, enhance liquidity, preserve long-term Bitcoin exposure, and support long-term value creation. $MSTR $ST…
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Forwarded from Ahboyash Reads
Robinhood Chain Docs
Robinhood Chain is a permissionless, Ethereum-compatible L2 focused on bringing RWAs on-chain, with the goal of enabling global, programmable, and self-custodied financial infrastructure
https://docs.robinhood.com/chain
Robinhood Chain is a permissionless, Ethereum-compatible L2 focused on bringing RWAs on-chain, with the goal of enabling global, programmable, and self-custodied financial infrastructure
https://docs.robinhood.com/chain
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Forwarded from Important news [proliquid.xyz]
*ROBINHOOD TO USE LIGHTER PROTOCOL FOR PERPETUAL FUTURES
$LIT
· XYZ:HOOD ($107.76)
· HYNA:LIGHTER ($1.8433)
· LIT ($1.8404)
APEWIRENEWS
https://t.me/apewirenews/1203
$LIT
· XYZ:HOOD ($107.76)
· HYNA:LIGHTER ($1.8433)
· LIT ($1.8404)
APEWIRENEWS
https://t.me/apewirenews/1203
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