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Boop.Fun leading the way with a new launchpad on Solana.
I have taken a position in Strive / $ASST.
Average price $7.92.
Today's revelation of $127.2 million in cash reserves was the final piece in the jigsaw for me.
The market has overreacted to the 1-20 reverse split... not realising that the usual rule of thumb does not apply here.
Annual dividend obligation for $SATA = ~$53.3mil which means USD coverage is 2+ years.
Only $10 million in debt remaining from Semler Acquisition.
I am not a fan of buying multiple Bitcoin Treasuries in the same jurisdiction but the US is the exception.
The second largest bitcoin-backed fixed income product in the US is still a trillion dollar opportunity. Fund managers need to diversify and can't have all their AUM in one product.
Feeling good about my entry here.
Happy to be on board @ColeMacro @PunterJeff @mikealfred @IIICapital 🫡🚀
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