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Recent Notes

Nunya Bidness · 1d
5 other fund managers have done the same. It may be a small domino but it is falling.
Big Barry Bitcoin · 2w
You failed to answer one of my three questions. 😅
Big Barry Bitcoin · 2w
What does it all mean?
ed profile picture
It’s the market caps of the preferred equities issued by Strategy & Strive.

Basically they’re fixed income products backed by bitcoin. The treasury companies call it “Digital Credit”

The chart excludes Strategy’s STRE & Metaplanet’s prefs because they’re not publicly traded. Think those two would add smthn like ~$1-2B iirc

TLDR:
Close to $10B has gone into bitcoin via these fixed income products in about a year
Big Barry Bitcoin · 2w
But 1. Is this financial advice? 2. Can you even buy these in the UK? 3. Is this financial advice?
Big Barry Bitcoin · 2w
What does it all mean?