Yukon Cornelius said:

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Jamey you catch the latest bankless?

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No, something interesting I take it?

Long discussion on quantum. Curious your thoughts

Yukon Cornelius said:

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Long discussion on quantum. Curious your thoughts

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I'll check it out. Ive already seen some talk on quantum lately and it seems like ETH is positioning itself well.

And while everyone seems worried about crypto and quantum its strange that trad fi gets a pass and is at least if not more, possibly much more susceptible than Crypto



What I've seen so far on eth has made me more comfortable with my larger than initially intended position. I'm now 35% BTC and 45% ETH including BMNR in my crypto fund. The rest is a small allocation to CNTN, SOL and HBR, and 13% cash

I'll get more BTC if it falls or i might just go with QQQ or gold of btc looks shakey long term compared to other crypto

I share your sentiments. I'm not sure why banks aren't discussed as being vulnerable

This has me pretty bearish on btc

I think btc is suppressing eth. I can see a decoupling in a year

DFDV, a treasury for SOL, reports earnings after the bell today. Hoping that they continue making money within the crypto market.

Alright, I have to buy bitcoin. What is the easiest, safest, best way to convert cash to bitcoin? Is the Fidelity Wise Origin Bitcoin Fund a good option?

Yes

I have a lot of FBTC but they options activity is nonexistent.

Use IBIT if you like to sell calls

TxAG#2011 said:

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I have a lot of FBTC but they options activity is nonexistent.

Use IBIT if you like to sell calls

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Thanks NFL

This will mostly be a buy and forget. I'm now required to ensure a small % of a portfolio be invested in crypto. The Fidelity fund seemed much easier than a cold wallet.

I use the Strike app. Then cold storage.

TxAG#2011 said:

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I have a lot of FBTC but they options activity is nonexistent.

Use IBIT if you like to sell calls

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I use BTC because it has lots of liquidity and the annual fee is .15%. MSBT is coming that will be 0.14%. I see no reason to pay a higher fee for the exact same product.

JUST IN: 🇮🇷🇨🇳 Iran demands ships transiting through the Strait of Hormuz to pay fees in crypto or Chinese yuan, Bloomberg reports.

— Watcher.Guru (@WatcherGuru) April 1, 2026

Y'all ready for the petrobitcoin

Anyone looked into STRC? It's a product from MicroStrategy that does fixed income securities.

Essentially it appears to act as a money market fund with a whopping 11% dividend? I bought some but instruments like this always have some kind of tail risk that blows up somewhere

Blackrock owns a lot

https://www.coindesk.com/markets/2026/01/20/blackrock-s-pff-etf-has-usd380-million-worth-of-exposure-to-mstr-s-preferred-equities

TxAG#2011 said:

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Anyone looked into STRC? It's a product from MicroStrategy that does fixed income securities.

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I have some - seems pretty safe...
Now tell me about MSTR...

Could be a Legitimate ponzi. As I understand it They sell ATM shares to generate the income to pay dividends. Which is based on strc par of 100. So yields can vary.

He's essentially banking on BTC going up 10% YOY.

I would be incredibly careful.

No - He is betting on over 20% CAGR, right? He uses the proceeds from sales of the STRC shares to buy more BTC which helps with the BTC yield for MSTR. There is already hundreds of millions set aside to pay dividends and the BTC he has will last a few decades of dividend payments.

Btc doesn't produce any yield. When he says "btc yield" he's playing word games. What's he doing is borrowing in the forms of bonds against the btc to generate cash.

I would doublecheck your source on where he's generating cash from to pay the monthly dividends. From what I've seen it's the sell of shares. So pretty Ponzi to me.

You are probably closer to the truth than not but Blackrock owns a fair amount of it. Would be strange if they bought it without looking into it closely

yeah, but, these go to eleven.






Sooo, there you go.

Haha fair enough

TxAG#2011 said:

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Anyone looked into STRC? It's a product from MicroStrategy that does fixed income securities.

Essentially it appears to act as a money market fund with a whopping 11% dividend? I bought some but instruments like this always have some kind of tail risk that blows up somewhere

Blackrock owns a lot

https://www.coindesk.com/markets/2026/01/20/blackrock-s-pff-etf-has-usd380-million-worth-of-exposure-to-mstr-s-preferred-equities

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Yes. I bought 1,000 shares in the IPO and have been adding more since then.

The only way to understand the big picture is to look into all the different preferred stocks MSTR offers and the market they're attempting to address. STRK, STRF, STRC, and STRD all carry different structures, dividends, convertibility, seniority, funding mechanisms etc. This is a good place to start: https://www.reddit.com/r/MSTR/comments/1m6utlw/the_ultimate_explanation_of_strategy/

Yukon Cornelius said:

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Btc doesn't produce any yield. When he says "btc yield" he's playing word games. What's he doing is borrowing in the forms of bonds against the btc to generate cash.

I would doublecheck your source on where he's generating cash from to pay the monthly dividends. From what I've seen it's the sell of shares. So pretty Ponzi to me.

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When Saylor talks about btc yield, he means the percentage growth in btc holdings per fully diluted share. That's not word games.

The cash is generated from selling bonds. Bonds are debt. If someone came to you and said their house is generating yield and you ask how many renters they have and they say no no I took a second mortgage on the place you'd look at the funny. Why? Because that not yield, that's leverage.

The btc he has isn't earning anything it's being indebted.

Yukon Cornelius said:

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The cash is generated from selling bonds. Bonds are debt. If someone came to you and said their house is generating yield and you ask how many renters they have and they say no no I took a second mortgage on the place you'd look at the funny. Why? Because that not yield, that's leverage.

The btc he has isn't earning anything it's being indebted.

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Again. He's not referring to Bitcoin yielding anything. He's referring to the number of bitcoin per share.

I understand but that's why I'm saying it's world games. "Bitcoin yield" is what he calls it. Btc isn't yielding anything and the "growth" of btc per share is just debt. Thats Not yield. These are very specific terms in finance he's changing. Which is why I say he is playing word games.

Respectfully you don't. MSTR has the yield to which he is referring. And it's yielding in bitcoin. You have it backwards.

Happy Easter.

I understand what you're saying. That the yield generated from MSTR is used to buy btc and he's calling it btc yield not that btc is yielding something. However the problem is MSTR isn't yielding anything. It's taking on debt and hence my example of a 2nd mortgage.

For the record I own MSTR.

Happy Easter too!

We are on the same page. I would add that it's not all debt. He issuing equity too.

The allocation is interesting, not his projected price

Charles Schwab recommended a ETH/BTC ratio of 0.714 on the conservative side for your portfolio allocations.

That means they value $ETH at $49k per coin at current BTC price, and $86k per coin at ATH BTC price

This isn't me talking, it's Charles Schwab who manage $9T of… pic.twitter.com/9Nx4GA6i4u

— ProffEtherPrints (@ProffEtherPrint) April 9, 2026

That's not what that chart means at all.

Meh, wrong language. Apparently BMNR looking into stock buyback

🚨BREAKING: BITMINE TRANSFERS TO NYSE AND UNVEILS $4B STOCK BUYBACK

BitMine Immersion Technologies is moving its public listing from Nasdaq to the New York Stock Exchange while expanding its stock repurchase program to $4 billion.

The company also disclosed a massive treasury… pic.twitter.com/8O1Wzm7nwa

— BSCN (@BSCNews) April 9, 2026