
ed ewel III
1.3K posts






$DEFT







$DEFT End of Q3 Balance Sheet: $210m Revenue through Q3: $80m Let’s say balance sheet is $175m as of the end of 2025 since treasury coins and venture portfolio are down in correlation with the fall in crypto prices. Current market cap is ~$220m. Implied enterprise value is ~$45m for a business that is going to do about ~$100m in revenue and over $50m in operating income with zero debt…so the business is trading at a 2x 2025 revenue multiple when peer companies get a baseline of 12-15x and some over 30x.








NEW: Elon’s attorneys are calling on Clinton-appointed Judge Charles Breyer to investigate the jury in Musk's recent Twitter acquisition case after jurors were mocking Musk in court. RIGGED




Google updates their quantum migration deadline to 2029: “Google’s introducing a 2029 timeline to secure the quantum era with post-quantum cryptography (PQC) migration. Last month, we called to secure the quantum era before a future quantum computer can break current encryption. This new timeline reflects migration needs for the PQC era in light of progress on quantum computing hardware development, quantum error correction, and quantum factoring resource estimates.” blog.google/innovation-and…
















