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Thien Tran
@friggy626
learn from everyone. follow no one.
SJ.CA Katılım Ekim 2024
307 Takip Edilen104 Takipçiler
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Two MASSIVE Executive Orders signed by Trump today on Fintech and Digital Assets!
--Integrating Fintech and Digital Assets into Traditional Finance--
This order directs federal regulators to review and streamline rules to foster innovation and competition between fintech firms, cryptocurrency companies, and traditional banks. It mandates that agencies identify outdated guidelines and create measures to integrate digital assets and innovative technologies into traditional payment.
--Expanding Payment Access and Tightening Financial Oversight--
This order directs the Federal Reserve to evaluate how non-bank financial firms and uninsured depository institutions (such as crypto companies) are granted access to its wholesale payment systems and accounts (often called "master accounts"). Additionally, it tasks the Treasury with updating Bank Secrecy Act and customer-identification regulations to prevent exploitation by criminal networks and to guide financial institutions on serving undocumented individuals without overburdening banks.

Cointelegraph@Cointelegraph
🇺🇸 BIG: President Trump signed two executive orders on fintech and financial security. The first streamlines regulations for fintech firms and promote financial innovation, while the second tightens customer identification requirements to crack down on illicit activity in the banking system.
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$OPEN🔥🔥🔥🔥🔥🔥🔥🔥
Still want to short this? Still want to panic sell? @nejatian just walked into the JP Morgan room and said everything.
📒 1/4
"I never thought I would leave Shopify. Opendoor felt like a flaw in the matrix." 1 in 5 Americans who sell a home in core markets come to Opendoor. You cannot buy that with marketing spend. Native intent. Proprietary data. The highest human labor cost transaction on earth. The 3 things he couldn't get out of his head.
📒 2/4
The single biggest change. They stopped predicting where home prices would be a year from now. "Predicting home prices a year from now is about as fruitful as predicting the lottery." Flipped from prop desk to market maker. Homes over 120 days went from 51% to under 10%. Acquisitions up 6x year over year. Margins going up while the industry collapses. TV ads pulled. Volume still exploding.
📒 3/4
On AI. "I would put the penetration of AI at Opendoor against any company. Not any company in real estate. Any company in tech." Mortgage launched in 6 weeks with a handful of engineers. 11 people used to review every home. Now 1. Headcount down. Acquisitions up. Dispersion up. Margin up. This is not buzzword bingo. This is the actual thing.
📒 4/4
What keeps him up at night. Not the balance sheet. Not the housing market. "The worst thing you can do is take a trillion dollar opportunity and build a billion dollar business out of it and pretend you were smart." Mortgage. Insurance. One thick platform. Pricing a home, buying a home, insuring a home. The exact same decision. "The loop is already closing." He didn't leave Shopify to build something small. Remember that.
Every single word Kaz said at this conference pointed to one thing. The potential of $OPEN has not even begun to be priced in.

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Do you really NOT understand the growth potential of Strive ($ASST)?
OKAY, let me drop you some knowledge.
The daily dividends for SATA are not even here yet, and 9 days before the ex. div date, Strive bought an estimated 225 Bitcoin yesterday if they ATM'd $17.84 million out of the $53.3 million of daily volume.
So with SATA still in its infancy, don't you think them buying 100 Bitcoin PER BUSINESS DAY is TOTALLY in the cards?
I definitely do, and if you don't think so, cool. I think you're wrong.
So let's go with 100 Bitcoin acquired per day. Less than HALF of what they just got on Friday.
I ran the math on SATA alone, no ASST issuance either, just the preferred goblin vacuum buying 100 BTC per business day for 3 years starting June 15.
Starting point balance sheet:
15,009 BTC
13,896 CEBE sats/share (common equity exposure)
0 debt (baller)
preferred stack already at $495.95M
After 3 years, SATA alone would push Strive to:
124,609 BTC
That is where it gets demonic.
But you must remember... the SATA issuance is adding a PREFERRED CLAIM on the balance sheet!
You need Bitcoin to go up to experience the AMPLIFICATION if you are an ASST shareholder.
SATA's claims add drag to the balance sheet. Bitcoin going up compresses the drag, and as an ASST shareholder you get OWNERSHIP ACCELERATION. You begin to OWN MORE of the balance sheet as the value of Bitcoin increases because the preferred claim, remember, is staying FIXED.
Bitcoin compounds, the fixed claim does not.
This is the INHERENT BEAUTY of the DIGITAL CREDIT MODEL.
Using a 1.35x CEBE NAV multiple, projected ASST share prices look like this by buying 100 Bitcoin per business day for 3 years, at a variety of different Bitcoin price scenarios.
Year 1
BTC path to $100k = $18.97
BTC path to $150k = $28.83
BTC path to $200k = $38.69
BTC path to $300k = $58.41
BTC path to $500k = $97.85
Year 2
BTC at $100k = $27.99
BTC at $150k = $58.60
BTC at $200k = $89.22
BTC at $300k = $150.44
BTC at $500k = $272.89
Year 3
BTC at $100k = $41.70
BTC at $150k = $103.85
BTC at $200k = $165.99
BTC at $300k = $290.28
BTC at $500k = $538.85
That is roughly:
+148% in the $100k case
+518% in the $150k case
+889% in the $200k case
+1,629% in the $300k case
+3,109% in the $500k case
And before some tourist says “but the preferred is senior,” yes genius, that’s the whole point.
Even after senior claims, year 3 CEBE still climbs to:
30,890 sats/share at $100k BTC
51,282 sats/share at $150k
61,477 sats/share at $200k
71,673 sats/share at $300k
79,829 sats/share at $500k
Boomers come for the daily yield.
Strive turns their retirement dopamine into a Bitcoin artillery barrage.
ASST common becomes the smoking residual claim on the crater.
SATA is a nursing-home carry trade that accidentally wandered into hyperbitcoinization:

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In Q1 Strive passed TSLA in Bitcoin holdings
Became a top 10 corporate BTC holder
Hit 18.7% YTD BTC yield
Retired $110M of legacy debt
Raised $225M from SATA
And now sits as the #2 player in digital credit behind Strategy
Announcement tomorrow 👀
Strive@Strive
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