
BTC Cassidy and the Satoshi Kid 🍊
3.2K posts

BTC Cassidy and the Satoshi Kid 🍊
@BTC_Cassidy
Bitcoin collector 🔸🔑




Everyone calm down! We're here.



Week-long US investor roadshow, telling the Metaplanet story. Guess where we are today 👀







No buys this week. Back to work next week. $BTC




Let's talk about STRC vs. SATA and digital credit adoption, because people are UNDERRATING the success of SATA. I think a good way to frame the comparison is VELOCITY of ADOPTION per UNIT OF BITCOIN BACKING! So first, let's compare SATA vs STRC with the same number of trading days since IPO. Same playbook. Wildly different adoption curves. 172 trading days in: STRC: 106.4M cumulative shares traded SATA: 16.4M cumulative shares traded STRC has done 6.5× SATA's volume on a normalized launch basis. The narrative from the SATA skeptics is that Strive just can't compete. WRONG! Everyone's looking at SATA vs STRC raw volumes and concluding STRC is "winning" 6.5×. That comparison is broken. Here's why. MSTR holds 818,334 BTC. Strive holds 14,556 BTC. MSTR's hoard is 56× larger. Of course its preferred trades more volume. The right question isn't "which trades more shares" - it's "which trades more aggressively per dollar of BTC backing." Once you normalize: Last 30 days: SATA averages 1.65% of Strive's BTC NAV traded daily. STRC averages 0.57% of MSTR's. SATA is being adopted ~2.9× FASTER per unit of underlying. Cumulative since SATA's Nov 2025 launch: SATA's total dollar volume = 138% of Strive's current BTC NAV. The entire hoard has effectively churned through SATA more than once. STRC's same-period cumulative = 33% of MSTR's NAV. This isn't STRC being weak. STRC is the deep-liquidity, institutional-allocation instrument. The Strategy preferred stack is built for size. SATA is a different beast. Novelty premium for an income wrapper in a market that doesn't have the depth yet. It's a VELOCITY ENGINE. Check the second graph. It seems like SATA might be compounding Bitcoin per share faster for ASST shareholders... Next couple days are gonna be FUN.








First they ignore you, then they laugh at you, then they fight you, then you win. $BTC




I’ve spent a decade telling people to do what I do: "Buy and Hold." Now I've decided to list my entire real estate portfolio for sale and walk away. It started slow. The bills, the maintenance, the tax increases... but the final straw was when I tried to develop an ADU to do exactly what the city of LA claims it wants investors like me to do: Create more housing. You'd think they'd make it easier, but after two delayed inspections, a sewer pipe replacement that needed 75 days advance notice, and a city-owned tree that became my responsibility, I'd had enough. The identity of being a real-estate guy is very hard to walk away from, trust me. For a long time, I stayed just because real estate was my "thing." It’s how I started. It’s what I’m known for. It led to every good thing in my life. But that blinded me to the fact that just because something served me in the past, it doesn't mean things haven't changed in the present. The reality of 2026 finally stripped the emotion away. My LA rentals are netting about 4-5% after the constant background noise of taxes, insurance spikes, and repairs. Meanwhile, a risk-free Treasury pays 5%. The trade-off just doesn't make sense any more. I’m reallocating to a liquid portfolio that actually lets me focus on the work I love. I published a deep dive on my Substack about the ADU nightmare that broke my patience, the exact numbers behind the exit, and where I’m moving the money next to buy back my sanity. I'll drop the link here in a bit.











