Lukas Ruppert

AI/semis cracking, 10y at highs. Polymarket now expects SpaceX IPO by Jun 15 and repriced a '26 rate hike to 32%. Death stab setup loading x.com/lukasruppert/s…

It really feels like AI could be the equivalent to electrification and we're set to relive the roaring 20s: - Electrification <> AI (general-purpose innovation of the era) - Automotive <> Robotics (physical extension of the general-purpose innovation) - Synthetic Chemistry <> Biotech (innovation cycles compress) - Aviation <> Space Commercialization (new economic geographies)

@thedefivillain Also benefits mNAV recovery: cap dilution, kill the jun '28 put

The way I interpret this is that Strategy probably wasn't a buyer of BTC this week... which is rather bullish. Getting rid of the convertible bonds progressively is good too, that's what they announced on the recent earnings call anyway, not surprising.

@aridiculosidea @Rewkang Exactly, the progression is the tell CEFs are cleaner low float, high FDV vehicles. Next iteration would be leverage on those

@lukasruppert @Rewkang 2021: SPAC's 2024: mNAV on the Crypto Treasury Companies 2026: Private equity CEF's/ETF's When the ducks are quacking Wall Street will always find something to feed 'em.

RoboStrategy ($BOT), $RVI, $DXYZ are the modern day equivalents of 1920s investment trusts @Rewkang is usually early and there's a reason those structures led to the biggest bull (and bear) in history The last block missing is leverage

@JoeMunnsHK Good stuff

Looks like Saylor used this week's STRC ATM to retire half the 0% 2029 converts the trade is about mNAV: cap dilution, kill the jun '28 put, signal undervaluation another $1.5B '29s outstanding, maybe less BTC buys short term x.com/Strategy/statu…

@codeisnotlaw @Rewkang goated

@lukasruppert @Rewkang But is Kang the goat or not

@0xMerp both can be true. trend is real, median bag still goes to zero. dot-com had Amazon and a graveyard of Pets.coms. payoff skew gets worse the deeper into the mania you buy

kinda funny in 2020/21 we were calling it a supercycle and now theyre talking about a semiconductor supercycle NVDA up 3m% in the last decades is definitely hard to argue with, but then again, BTC was up like 1m% in a decade didnt mean any of the other coins were real

$KLED providing 5% equity exposure to the token via Street's ERC-S framework is clever Crypto wants equitycation - running back the 1920s investment trust architecture seems like a fit Ideal for speculative manias. Less ideal for what comes after

$CBRS low float, high FDV $5.5B IPO proceeds; unlock Nov 10 = $62B (171.1M shares at $360) Worth to start tracking those as the IPO pipeline is shaping up

@annabellschfr interesting read

spot led move

google search volume for "help with mortgage" is above 2008 GFC levels

@MikeSilagadze @ether_fi 🙋‍♂️

If you're an @ether_fi user and want to get a physical card please reply below, we're looking for people to test out the new process

The most basic hotels in Buenos Aires are $500+ a night right now - no wonder crypto is dumping

@gregoffchain @KaitoAI @InternKaito @banditxbt gyap

Gkaito had a call with @lukasruppert yesterday, and he told me to continue collecting these Yaps, so I did. Over 100 Yaps in a timespan of 4 days. Comfortably sitting at 755 now. 4-digit Yapper by end of this year.

$HYPE can 126x. Oh, never mind. November Unlocks will send it to 0. x.com/reisnertobias/…

Nobody wanted to hear it, but selling $HYPE around the USDH beauty contest was the right call