Mark Phillips 🎈 ☁️

Month on Month $HNT deflation is accelerating wildly. Since network inception, we've lost over 3.5% of the max HNT supply (7.89M total). The bigger deal is that ~4.5M of that 7.89M was burned in the last 7 months alone. blockworks.com/analytics/heli…

@abhay @helium My tweet was better.

interesting deployment 👀

Meet me in Bermuda. I'll buy you Rum Swizzles and we'll use the Helium Network. $HNT world.helium.com/en/network/mob…

@frugalbc Perhaps. But more importantly you've got one hell of a phone plan.

@pharkmillups Maybe my Helium I earned on my phone will finally be worth something now.

Month on Month $HNT deflation is accelerating wildly. Since network inception, we've lost over 3.5% of the max HNT supply (7.89M total). The bigger deal is that ~4.5M of that 7.89M was burned in the last 7 months alone. blockworks.com/analytics/heli…

In case you missed, @helium is cooking. $HNT network revenue is up 4x since mid last year and token burns meaningfully exceed network emissions. The price where burns equals emissions (net 0 emissions) is $2.21, 48% higher than the current price of $1.49. And one could argue with a network growing at this pace it could trade much higher factoring in future network cash flows. Just a thought.

obviously the crypto market across the board is...not good. but the things that we can control are going incredibly well and exceeding our expectations one thing that is somewhat undiscussed in the report is how we internally think about @helium_mobile vs @helium - to be incredibly blunt, there is no way that HM can be successful without Helium. MVNO's are notoriously low margin high difficulty businesses - we have absolutely no interest in trying to replicate Mint Mobile, Boost, or any of the others out there what we *are* building towards is a carrier that can stand on its own, with minimal or no dependence on a coverage partner. it will only be possible to do this if Helium gets big (really big), if HNT is the currency of connectivity, and if HM subs predominantly use Helium vs a partner. today that number is around 19% of all HM subscriber data, and our mission in 2026 is to increase that substantially. more HM data = more HNT bought and burned the @blockworks dashboard does an incredible job of getting into the details about how Helium and HNT are doing, and I'm glad this kind of IR work is getting done and shared with everyone 🫡

Just read the State of DePIN 2025 report by @MessariCrypto . It clearly supports the point I’ve been making for a long time. Yes, prices are ugly. Most tokens are down 90%+ from highs. But that's the trap. The gap between perception and reality is wild. Perception: DePIN is dying Reality: • $10B sector • $72M onchain revenue • Supply constrained networks • Real users, real payments People judge DePIN with a 2021 mindset: pre-revenue, heavy inflation, speculation driven. Two examples that prove it: @helium : Millions of daily users through carrier partnerships. Your phone is probably using their network right now without you knowing. @GEODNET : Centimeter-level GPS for agriculture and robotics. Paying enterprise customers. Revenue directly burns tokens. These aren't crypto experiments anymore. They're infrastructure companies with crypto rails. The report is honest about the physics: You can't build infrastructure without capital. Only 3 paths survive: 1. InfraFi with stablecoin capital 2. Capex-light networks that monetize fast 3. Perfect bull market timing DePIN isn't dying. It's maturing. And the market still hasn't figured that out. What's your take on DePIN's future?

now that some dust has settled and I've gotten a lot of feedback, I wanted to follow up on this tweet with a few thoughts: - we're always still going to buy back HNT and burn it with revenue we receive from carriers, that will never stop. this is not our money to spend, we are just an intermediary for carriers and partners who don't want to deal with tokens and on-chain things - saw a lot of "well if you think buying HNT is a waste of money why would I do it" - the difference there is that we were buying *and* burning. we never get to see the benefit of any value accrual that way. you do. possible that simply buying and holding is the right strategy instead, we'll evaluate that - i think it's important in our position to experiment. and experiment a lot. i should have phrased both the start and stopping of using Helium Mobile revenue - the separate MVNO - as an experiment not a policy. we are still an early stage growth company, and that comes with a lot of twists and turns as we learn (and make mistakes) there are still issues for companies like ours in figuring out how to navigate growing the Helium Mobile business, as well as making sure token holders see enough value. the original plan was that was the Helium Mobile and the Helium network are very symbiotic. the more HM can use Helium the cheaper it is for us, and the more HM revenue flows directly to HNT holders the downside is that this is a long process - we're at about 40% use in NYC, but it took *a lot* of time and money to get there. we plan on engage the same strategy in more cities asap. around 5% of Helium network traffic comes from Helium Mobile right now. it's happening, just over a long horizon meanwhile the Helium network usage is skyrocketing, as is the amount of HNT burned. 2M DAU used to feel like a long term target, now it's a regular occurrence. carriers and venues are hungry for indoor solutions, and we've built a pretty massive technology stack that enables it to work seamlessly for users, and for operators to get a ton of real-time data back about the experience I only expect this to keep growing from here with more venues, more carriers, and more opportunities. I want the Helium network to be self-serve enough that any MNO or MVNO can grab a certificate themselves and integrate it into their SIM or app to start using the network with or without our assistance we are still keen to hear thoughts and learn from others who are navigating similar crossroads with dual business/token models, and as the regulatory environment evolves I think we will see more options and more solutions. i'd love more feedback from people on ideas. some great thoughts from @DavidVorick and others so far it's been a long road, yet still feels very early. and usage is just up up and up 📈

The good news here is that Helium and our community has spent the last three years becoming experts at deploying mobile networks for enterprises and SMBs.

@MaknBank1 @helium_mobile

Last week I placed my largest single order of @helium_mobile hotspots to date. What’s funny is… this wasn’t even in my playbook a few months ago. I was cautious with all the HIP changes and started exploring other lanes to diversify my cash flow. At one point, I was actively involved in 23 different #DePIN projects, constantly studying, testing, and hunting for asymmetric opportunities. But no matter where I looked, all roads kept leading right back to @helium and @helium_mobile. In the early days, my only focus was deployment speed, get units out, capture Proof-of-Coverage, repeat. And let’s be real… the PoC rewards were sweet. But once the halving hit and HIPs reduced PoC multipliers, the game changed. I shifted fully into data understanding offload patterns, optimizing placement, and figuring out how to consistently capture the most GBs. That’s where the real disconnect is: most people still don’t understand how the system actually works. Yes, it gets a little more technical than the average conversation… but with 1–3 days of light study, anyone can grasp the core mechanics. We’re in a new era now. And truthfully? There’s not a single crypto asset I’d choose over mining HNT right now. Not one.

This is the most important image in the history of AI and it's not even close.

Helium isn’t just another crypto token it’s a full DePIN network built around real world usage. They’ve simplified their token system by focusing rewards back on HNT and prioritizing actual data activity over just network coverage. IoT devices, 5G hotspots, mobile data offload everything now feeds into a single ecosystem where real usage creates real value. With new telecom partnerships and a move to Solana, Helium is gradually becoming a decentralized alternative to traditional wireless networks. Here’s how people can benefit: ▪️Network contribution: Set up IoT or mobile hotspots, expand coverage, and earn HNT. ▪️Network growth: More devices and genuine data usage make the network stronger, increasing long-term value for contributors. ▪️Community-powered infrastructure: Active participants directly share in the network’s success, turning involvement into tangible rewards. ▪️The big picture is simple: a community-driven network, powered by real usage, delivering sustainable rewards. @helium @abhay @amirhaleem @keenan_hnt @heliumbuilders

@OverkillTrading 🫡

While many are calling for the crypto bear market, I am buying altcoins at their 2-5 year lows. Today, I bought $HNT at $1.85. This is one of the largest projects on the Solana blockchain $SOL with big partnerships with names like T-Mobile $TMUS. Fundementals are very strong, and the all-time high was $60 back in 2022.

@neilc_dawn @amirhaleem @fmong Consider it done. See you in Las Vegas.

@pharkmillups @amirhaleem @fmong If that’s the company I can keep during an outing then I might be sold on golf.

Genuine question. To the people who like golf — why?

Damn. I love this. $HNT: the only coin that shows up to work.

@fozzydiablo Wager? I'm still up heaps from that poker sessions a few months ago...

key is to not overreact having said that im confident we teleport straight to 50k

We will continue to send it.

My man. Sign up for Helium Mobile while you're at it and add put some more $HNT to work getting torched by the chain™. apps.apple.com/us/app/helium-…

Three standout tokens in the current regime $ZEC - deep neg funding (price suppression?) $ORE - generous tokenomics $HNT - decoupled from crypto, buybacks