Alexander Xethalis retweetledi
Alexander Xethalis
333 posts
Strive will surpass Realty Income’s consecutive dividends record in March of 2028.
They’ve been running since 1969
Step function in yield & frequency
$SATA $ASST
Realty Income@RealtyIncome
Realty Income, The Monthly Dividend Company®, declared a dividend amount of $0.2705 per share, representing an annualized amount of $3.246 per share. This declaration marks the 670st consecutive common stock monthly dividend in the company's history. ow.ly/7gHm50YZOk5
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Investment Grade merch store coming summer 2026!
Freddy₿itcoins 🪽 🚀🦞@FreddyBitcoins
Where do I buy some swag? @PunterJeff @Werkman @Strive I'd be wearing your stuff proudly around Naples, Fl with my wife and kids! So proud of you guys as a shareholder + true north maxi! Wonderful to be along the ride to see your guys journey. Inspiration to my kids that anything is possible you set your mind to and have conviction in!
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Alexander Xethalis retweetledi
STRIVE - The Daily Dividend Company
Digital Credit is going DAILY
Below are the improvements on the horizon for $SATA and @Strive
What it means and why it matters 🧵👇
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Disney is about to delete five years of canon because Rey doesn't move toys.
The sequel trilogy did $4.47B at the box office. Force Awakens $2.07B, Last Jedi $1.33B, Rise of Skywalker $1.07B. The merchandise tells a different story.
Star Wars merchandise peaked at $700M in 2015 when Force Awakens launched. By 2019, the year Rise of Skywalker shipped with a billion-dollar marketing push as the supposed finale of the Skywalker Saga, Hasbro's Star Wars line was doing roughly $150M. A 70%+ collapse during the trilogy's own theatrical run.
Then 2020 happened. No new movies. A streaming show legally unavailable in most international markets. Hasbro's Star Wars revenue grew 70% year-over-year. One character named Grogu outsold three years of sequel-trilogy merchandise.
The sequel cast specifically can't move inventory at any price point. Rey, Finn, Poe, Rose, Holdo: Walmart clearance for years. Diamond Select's president said sales on TFA and TLJ products "were not too strong." Hasbro silently stopped producing Rise of Skywalker figures mid-line. There is no mass-market action figure for Poe, Finn, Lando, unmasked Kylo, Palpatine, or Leia from that movie. The licensees gave up before the trilogy finished releasing.
The Lucasfilm acquisition was a $4.05B bet on the merchandise flywheel that built modern Hollywood toy licensing. Kenner's best year selling Original Trilogy toys, adjusted for inflation, outperformed the entire Disney era combined. That's the asset Disney bought.
Galaxy's Edge runs the same play. Over $1B per park to build a Star Wars land set on a sequel-era planet nobody cared about. Both parks underperformed projections. The Mandalorian-themed expansion now under construction is the admission.
If the rumor lands, this is the most expensive retcon in entertainment history. Five years of IP development written off because the licensees voted with their order books. Luke, Han, Leia, Vader, Boba, Mando, Grogu, Ahsoka generate revenue. The sequel cast generates returns.
Geeks + Gamers@GeeksGamersCom
RUMOR: Disney to Remove Star Wars Sequel Trilogy From Timeline to Resume Focus on Original Characters "If true, this would be one of the most dramatic franchise shifts in modern Hollywood history."
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Alexander Xethalis retweetledi
Strive acquired an additional 444 $BTC for ~$33.9 million at an average cost of ~$76,307 per bitcoin.
STRIVE SNAPSHOT
Bitcoin holdings: 15,000
QTD BTC Yield: 4.3%
YTD BTC Yield: 18.7%
April '26 $SATA Issuance: 584,730 shares
Amplification ratio: 43%
$ASST $SATA
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Had a Jane Street phone interview in 2016. "Price a 6-month forward on carrots."
There's no carrot futures market, so I build one from scratch: seasonal harvest cycles, USDA demand elasticity, cold storage decay rates.
One trader stops me. "Your storage cost function– you're modeling the carrot as dead inventory. Like grain in a silo." He asks me the metabolic respiration rate of a post-harvest carrot at 2°C. I estimate.
"Your forward is overpriced by exactly that shrinkage. The underlying is consuming its own sugars. It's alive." Good correction. I adjust the model. I think I've recovered.
Rejection email comes the next morning. Subject: "Ethical Review." My framework, they write, "relied on the severance of the root organism from its growth medium." The question about respiration was a test. The carrot was still alive and I'd built an entire derivatives structure on top of its death without questioning whether harvest was an acceptable act.
I pull up the recruiter's original email. It doesn't say Jane Street. It says Jain Street– a non-violent quantitative commodities fund.
The carrot was never supposed to be priced. It was supposed to be refused. I later learn the only candidate who passed that round was a former monk from Gujarat who sat in silence for eleven minutes and said, "I cannot put a price on life." He's now a partner.
Deedy@deedydas
Jane Street made ~$40B in 2025 with 3,500 employees, a ~2x from the year before. At ~65-70% profit margin, that's $8M profit / employee, the highest for a 1000+ ppl company. High-frequency trading continues to be the most efficient money making engine. I want to share an old story about my Jane Street interview in 2014. Jane Street was known for hiring a lot of math, physics and CS olympiad winners from top universities and putting them through many rounds - including, for trading roles, a gauntlet of mental math. It was my 6th interview and my final round and I recall being asked "What is the next day after today in DD/MM/YYYY where all the digits are unique?" They'd toy with you and say "You can use a pencil and paper, if you want" but you knew that was an instant no. Painstakingly and as quickly as I could, I came to an answer. "How confident are you that this is correct on a 0-1 probability scale?" the interviewer said. "0.95", I blurted out, not fully knowing how to answer that. "Are you sure?" After thinking harder for a few more seconds, I realized I could've flipped the digits around to get a closer date. I gave the interviewer my answer. It was correct. "0.95 huh?" he chuckled. That's when I knew I failed. Note: fwiw, other companies that come close in efficiency are - Tether ($90M+ profit/emp) - Hyperliquid ($80M+ profit/emp) and on revenue: - Valve ($50M/emp) - OnlyFans ($37M/emp) - Craigslist ($14M/emp) - Anthropic ($12M/emp, run rate) - OpenAI ($8M/emp, run rate) For comparison, Nvidia is very efficient at scale and is $4.4M/emp.
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Alexander Xethalis retweetledi
Self-custody must be protected. The United States was founded on the principle of private property, and the seizure of assets is something we must guard against. At the @CFTC, that means protecting Americans’ ability to hold and control their own digital assets.
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Alexander Xethalis retweetledi
It was an honor to join @ChairmanSelig and discuss both his priorities and the important policy principles around self custody and the protection of software developers.
Mike Selig@ChairmanSelig
Self-custody must be protected. The United States was founded on the principle of private property, and the seizure of assets is something we must guard against. At the @CFTC, that means protecting Americans’ ability to hold and control their own digital assets.
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Kathleen Moriarty was more than just a superhero, she was a kind, generous and brilliant woman.
The SPDRWoman who invented the legal side of the ETF industry changed the path of modern finance. And like any good mentor, she changed my path.
She would be 73 today.
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Alexander Xethalis retweetledi
I look forward to sitting down with @ChairmanSelig to talk about his first 100 days in the CFTC seat. 11AM PT at the Nakamoto stage on Monday the 27th.
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Alexander Xethalis retweetledi
Mario’s absence from this metaphor tells you everything you need to know
Dr. Lucky Tran@luckytran
Zohran Mamdani: "If you are a Mario Kart fan, government is Yoshi and philanthropy is the Golden Mushroom, that edge we need to beat Bowser on the Rainbow Road. To belabor this metaphor even further, Bowser is corporate greed in this scenario."
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@PunterJeff @zerohedge He won it with a guy named William Sharpe……
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@zerohedge Ground Breaking stuff by Schwab….
Harry Markowitz only wrote about this in 1952
74 years ago.
Literally won the Nobel prize in 1990 for Modern Portfolio Theory.
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Even A 1% Bitcoin Allocation Can Drastically Reshape Portfolio Risk, Schwab Finds zerohedge.com/crypto/even-1-…
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Alexander Xethalis retweetledi
@EricBalchunas Thanks @EricBalchunas! We’re excited to see digital credit in the spotlight. More to come.
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New filing for T-Strive Digital Credit ETF which will hold the preferred securities of DATs. T-Strive is new issuer too, joint production by Tuttle and Strive.
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Alexander Xethalis retweetledi
Strive filed a registration statement with the SEC for the T-Strive Digital Credit ETF.
Please read the prospectus for details:
sec.gov/Archives/edgar…
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Alexander Xethalis retweetledi
Alexander Xethalis retweetledi
Out of the numerous successes Strive had in our first six months as a public company, the most important was cementing our foundation as a structured finance company laser focused on digital credit.
We see a multi-trillion dollar opportunity for digital credit to scale in the years to come. We believe our digital credit product, SATA, provides a liquid and scalable solution for investors targeting double-digit yield with minimal volatility.
We’re focused on building a track record of success for SATA by maintaining a stable trading range and keeping a strong balance sheet, which we believe will generate attractive long-term returns to our common equity stockholders vs our Bitcoin hurdle rate.
$ASST $SATA
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Alexander Xethalis retweetledi
Alexander Xethalis retweetledi
The story of Strategy World was Digital Credit - how quickly demand is rising and how big it will become.
AI continues to speed up both geopolitical and economic events - compressing the frequency of major events and uncertainty.
Raise your hurdle rate and tune in!
The Hurdle Rate Podcast@HurdleRatePod
Welcome Back to The Hurdle Rate. Episode 49: Digital Credit is for Corporations The crew is back this week and dives straight into Bitcoin as digital freedom money amid growing global uncertainty, followed by a full Strategy World recap. They examine whether STRC itself represents The Hurdle Rate, then look at how traditional finance showed up at Strategy World and what that signals. The back half of the episode focuses on the liquidity component and wraps with closing thoughts. Here's the latest with @TimKotzman , @ColeMacro , @PunterJeff and @Werkman 0:30 - Welcome Back to The Hurdle Rate 2:30 - Bitcoin as Digital Freedom Money Amid Global Uncertainty 21:00 - Strategy World Recap 28:25 - STRC as The Hurdle Rate? 39:50 - Traditional Finance at Strategy World 51:10 - The Liquidity Component 1:06:20 - Closing Thoughts
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