Howdog

🚀ASST 2026 MOON MATH🚀 ASST is set up for absolute monster performance, and this is simply because the market is recognizing the balance sheet is set up for a MEGA-AMPLIFIED Bitcoin move, and it is materially de-risked via the funding mechanism of perpetual preferred equity (SATA). Using today’s ASST tracker snapshot: 15,000.5 BTC $505.95M debt + preferred 20,542 sats per basic share ASST price: $16.88 That gets you to roughly: Current CEBE: ~11,940 sats/share Current CEBE value: ~$9.62/share Current ASST / CEBE multiple: ~1.76x Now assume ASST simply repeats April’s capital raising pace, about $71.13M per month, for the rest of the year. If that money is raised through preferred-style senior capital, then at flat BTC, common CEBE is basically unchanged. Why? Because the new BTC is offset by new claims. So the upside case is not “they bought more BTC, line go up.” The upside case is drag compression. If BTC rises, the fixed dollar senior stack shrinks in BTC terms, while the enlarged BTC treasury reprices upward. That is when common starts getting paid. My implied ASST projections, holding today’s CEBE multiple constant, and April's pace is repeated each month with ZERO GROWTH: BTC flat at $80.5k → $16.88 BTC to $120k → $33.24 BTC to $150k → $45.31 BTC to $200k → $65.00 BTC to $250k → $84.33 BPS can show “growth” even when common got nothing. CEBE shows what common actually owns. If ASST keeps raising at April’s pace, then at flat BTC the structure is mostly neutral. If BTC rips, the preferred wrapper starts turning into a compression engine for common equity. That’s the whole game.

$CIFR just broke above $20 after securing 4.2 GW of power capacity and signing another hyperscaler deal tied to its AI data center buildout. Management says the company is “transforming into an energy, data center and HPC infrastructure company.”