Adam Back@adam3us· 28 days ago

RT @mc_khristina: $HOGPF so you can purchase H100 at Fidelity. You need to call the international trading desk and place the order verbally. They will route it to the Nordic Growth exchange for execution. Unfortunately, Fidelity only takes calls from 5am-7pm ET and the Nordic market is open from 3am-11:25am ET. @jeffgoldsmith23 and I both called last night, we placed limit orders which executed while we were asleep and the shares showed up in our accounts this morning under the US OTC ticker $HOGPF in USD. I bought stock in both my IRA and non-IRA accounts. @Sanderandersenn has said he is working to get the US OTC issue resolved ... but for now, if you take the time to call ... you can get ahead of all the lazy people who wont pick up the phone! @RichardByworth @steve_btcfo @adam3us @bradmillscan

Adam Back@adam3us· 28 days ago

RT @JAN3com: ADAM BACK: “You don’t have to trust the middleman. Bitcoin is self-sovereign money, permissionless and global.” https://t.co/NcIcnzEDgS

Adam Back@adam3us· 28 days ago

RT @RoaringRagnar: @adam3us @KristophJeffers @Metaplanet_JP @DylanLeClair_ Agree that graphs should be the standard and should be published on the dashboard of each treasury.

Adam Back@adam3us· 29 days ago

RT @RichardByworth: On the day when @H100Group announces the completion of a $54mln raise they also use some of their settled cash to buy nearly 50BTC. Total holdings could quickly be 750BTC from here. This has to be the fastest and most aggressive accretion of any BTCTC yet. As I have said a few times, @Sanderandersenn is an exceptional leader, bitcoiner and capital raiser. Onwards 🔥

Adam Back@adam3us· 29 days ago

RT @H100Group: H100 Group has raised an additional SEK 516M (~$54M) through the execution of Tranche 6 and Tranche 7 — as initially announced on 16 June 2025. Total capital secured to date: SEK 921M ($96M), up from SEK 405M ($42M). https://t.co/pTQkS5kyH0

Adam Back@adam3us· 29 days ago

RT @Sanderandersenn: Bitcoin treasury companies aren’t just holding BTC, they’re absorbing public market mispricing and converting it into alpha. This is the birth of a new asset class: Bitcoin Equity. Expect different playbooks from PE, VC, hedge funds, real estate, and financial infra. The new financial system will be built on Bitcoin.

Adam Back@adam3us· 29 days ago

RT @pete_rizzo_: BREAKING: JEFF BOOTH, LYN ALDEN VENTURE FIRM EGO DEATH CAPITAL JUST RAISED $100 MILLION THE LARGEST #BITCOIN ONLY VENTURE ROUND IN HISTORY 🙌 https://t.co/udiL7VVvuw

Adam Back@adam3us· 30 days ago

RT @pete_rizzo_: BREAKING: FRENCH SEMICONDUCTOR COMPANY SEQUANS HAS SUCCESSFULLY RAISED $384 MILLION TO BUY #BITCOIN CORPORATE ADOPTION IS ACCELERATING 🚀 https://t.co/N1rmlt7Tsy

Adam Back@adam3us· about 1 month ago

RT @saylor: $MSTR Reports $14 Billion in Total Bitcoin Fair Value Appreciation in Q2 2025 https://t.co/DVxLsZTvEN

Adam Back@adam3us· about 1 month ago

RT @saylor: To view the $STRD ATM press release, prospectus, and investor presentation, along with additional information about $MSTR, $STRK, and $STRF, click here: https://t.co/qQ4gq4la6I

Adam Back@adam3us· about 1 month ago

RT @pete_rizzo_: JUST IN: PUBLICLY LISTED REAL ESTATE COMPANY MURANO ANNOUNCES THEY WILL BUY $500 MILLION BITCOIN CORPORATE ADOPTION IS GOING VERTICAL 🔥 https://t.co/Z8FlmCotlJ

Adam Back@adam3us· about 1 month ago

RT @saylor: Strategy Announces $4.2 Billion $STRD At-The-Market Program https://t.co/JVIYQmQSpv

Adam Back@adam3us· about 1 month ago

RT @MarkYusko: Relentless Stacking = Edge Join us on a better planet, @Metaplanet_JP 🧡🌏🚀

Adam Back@adam3us· about 1 month ago

RT @Cassiopeia_ltd: JUST IN: 🇪🇺 Europe’s First Bitcoin Treasury Company strikes again! The Blockchain Group @_ALTBG has purchased 116 Bitcoin for approximately €10.7 million, bringing their total holdings to 1,904 BTC. #Bitcoin #BTC #CryptoNews #BlockchainGroup #DigitalAssets #InstitutionalAdoption #TreasuryStrategy #CassiopeiaCrypto

Adam Back@adam3us· about 1 month ago

RT @pete_rizzo_: NEW: MEXICO'S 3RD RICHEST MAN SAYS BUYING #BITCOIN IS A BETTER INVESTMENT THAN REAL ESTATE BECAUSE YOU “CAN’T MAKE MORE BTC” DEMONETIZING A $300 TRILLION MARKET. IT’S COMING 🔥 https://t.co/J5uC9qnW2t

Adam Back@adam3us· about 1 month ago

RT @DylanLeClair_: ₿15,555

Adam Back@adam3us· about 1 month ago

RT @awfu_life: @adam3us @w_s_bitcoin @BitcoinMotorist https://t.co/SYoOAKqQoF

Adam Back@adam3us· about 1 month ago

RT @BTCTimescom: ICYMI: 🚀 @H100Group raises its #Bitcoin holdings to 247.54 #BTC through a SEK 750M strategy backed by @Blockstream CEO @adam3us. https://t.co/GcBqlnBF9v

Adam Back@adam3us· about 1 month ago

RT @Ashcryptoreal: BREAKING: 🇺🇸 PRESIDENT TRUMP HAS POSTPONED TARIFFS DEADLINE FROM JULY 9TH TO AUGUST 1ST. PUMP THE MARKETS 🚀

Adam Back@adam3us· about 1 month ago

RT @BTCTimescom: ICYMI: 📈 @_ALTBG adds 60 #Bitcoin, now holding 1,788 #BTC toward its 170K goal—backed by €1.16M from @Blockstream CEO @adam3us 🚀 https://t.co/oTjZGzxGf9

Adam Back@adam3us· about 1 month ago

RT @scottmelker: Adam Back: Bitcoin Will Absorb The Entire Financial System @adam3us 0:00 Intro 2:00 Early Bitcoin Days 4:10 Institutions vs Ethos 6:15 Strategic Reserve Risks 8:20 Hal Finney's Vision 10:15 Surviving Volatility 12:20 Self-Custody Evolution 14:30 Security & Fireproofing 16:25 Blockstream’s Expansion 18:20 Solving Dollar Shortage 20:30 Wallet Backup Innovation 22:15 Inheritance & Access 24:00 Bitcoin Perception Shift 26:00 BlackRock's Influence 28:10 Bitcoin as Hurdle Rate 30:00 ETF Buyer Behavior 32:15 Hyperbitcoinization Future

Adam Back@adam3us· about 1 month ago

@pete_rizzo_ should be $200 trillion.

Adam Back@adam3us· about 1 month ago

RT @BitcoinForCorps: 📹 WATCH: @Saylor and @adam3us sit down for an exclusive fireside chat at @BTCPrague, hosted by @AlexandreLaizet. They unpack the hard math, economic shifts, and geopolitical drivers behind Bitcoin’s rise—plus how #Bitcoin treasuries and financial engineering are reshaping corporate capital strategy. 📍@BTCPrague 2025

Adam Back@adam3us· about 1 month ago

RT @fiatarchive: JUST IN: 💥 Fidelity's ‘FBTC’ buys 2,170 Bitcoin. This is the LARGEST inflow since January! https://t.co/RcnnLlOuqd

Adam Back@adam3us· about 1 month ago

RT @pete_rizzo_: JUST IN: METAPLANET JUST ANNOUNCED IT'S TRANSLATING THE #BITCOIN STANDARD INTO JAPANESE FREEDOM MONEY SPREADING GLOBALLY. LOVE TO SEE IT 🧡 https://t.co/cA2yZ7OTbZ

Adam Back@adam3us· about 1 month ago

RT @Kosanovic_V: With ₿1,788 in our treasury valued at ~€166M, our BTC NAV is now more than 13x our market capitalization at the time of ₿ standard adoption. @_ALTBG, Europe's First Bitcoin Treasury Company, powered by the ₿ standard since November 5, 2024⚡ https://t.co/DA9NXZ3kVS

Adam Back@adam3us· about 1 month ago

RT @pete_rizzo_: ✨ #Bitcoin pioneer Hal Finney discussing the potential of zero-knowledge crypto, 27 years ago He was ahead of his time. Legend 🧡 https://t.co/UHCo01x13A

Adam Back@adam3us· about 1 month ago

RT @Blockstream: Open-source Bitcoin self-custody hardware has landed in Indonesia 🇮🇩 New @BlockstreamJade wallets donated via the @MyfirstBitcoin_ Node Network are now in the hands of educators and community leaders supported by @bitcoinindo21. https://t.co/f6O8T1tHYI

Adam Back@adam3us· about 1 month ago

RT @BeeEvolved: The @Blockstream Satellite network beams the Bitcoin blockchain to every corner of the globe, 24/7, free and immune to local outages. It brings Bitcoin to regions without reliable internet and creates a truly sovereign pathway for syncing blocks anywhere on Earth. This little side-quest project we’re developing is a Bitcoin Satellite Command Console to interface with the Blockstream satellites. Every asset we develop for this project, from engineered parts to software, will be 100% free and open source, available on our GitHub.📡🛰️

Adam Back@adam3us· about 1 month ago

RT @pete_rizzo_: BREAKING: PUBLIC GOLD MINER HAMAK LIMITED ANNOUNCES IT WILL BUY #BITCOIN FOR THEIR TRESUARY GOLDBUGS BENDING THE KNEE. IT'S HAPPENING 🔥 https://t.co/1NZLqZRXUP

Adam Back@adam3us· about 1 month ago

RT @AlexandreLaizet: 🟠 The Blockchain Group has acquired 60 BTC for ~€5.5 million at ~€91,879 per bitcoin and has achieved BTC Yield of 1,270.7% YTD, 69.3% QTD. As of 6/30/2025, $ALTBG holds 1,788 $BTC for ~€161.3 million at ~€90,213 per bitcoin⚡️ @_ALTBG Europe's First Bitcoin Treasury Company 🇫🇷

Adam Back@adam3us· about 1 month ago

RT @Sanderandersenn: Mag7 stocks trade at a sizeable premium with PE multiples between 20 and 100x + Bitcoin treasury companies will absorb that premium and redeploy it into the best asset class in the world The result? Bitcoin exposure in every pension plan via index inclusion, without most even realizing it

Adam Back@adam3us· about 1 month ago

RT @pepe_btc: My first impression from Malta 🇲🇹 is ⚡️⚡️⚡️ #Bitcoin @adam3us 🧡 https://t.co/E1ajqF5Y4O

Adam Back@adam3us· about 1 month ago

RT @Excellion: .@Caviarandbull in Malta has been accepting #Bitcoin for payments since 2016. 🇲🇹 https://t.co/fbYzCAUoOq

Adam Back@adam3us· about 1 month ago

RT @Sanderandersenn: Bitcoin treasury companies are not a replacement for owning Bitcoin. They’re a capital structure on top of Bitcoin, designed to attract misallocated fiat and turn it into BTC faster than you can do alone.

Adam Back@adam3us· about 1 month ago

RT @H100Group: H100 Group has added 47.33 BTC to our treasury. Total holdings: 247.54 BTC. https://t.co/IKkD7gBZo6

Adam Back@adam3us· about 1 month ago

RT @alistairmilne: Listen, I'm 25 and feel great...

Adam Back@adam3us· about 1 month ago

RT @Sanderandersenn: @boyz_meta I understand that this is frustrating. We are in the process to do an proper OTCQB listing. It will take around 4 weeks, and we are now giving them all the information they need.

Adam Back@adam3us· about 1 month ago

RT @scottmelker: Lawrence says all altcoins are going to zero. @LawrenceLepard https://t.co/qFavF8o9dR

Adam Back@adam3us· about 1 month ago

RT @bitcoin_bugle: Best. Summer. Ever 🌞 https://t.co/UfPBMPYjML

Adam Back@adam3us· about 1 month ago

RT @FOMO21shop: How Much Bitcoin Do You Have? 🫣 https://t.co/oKAJc52RsW

Adam Back@adam3us· about 1 month ago

RT @BTC_WorldMap: Use your PH1OONE https://t.co/VnQZgEboae

Adam Back@adam3us· about 1 month ago

RT @fiatarchive: JUST IN:💲 Fidelity is applying for Bitcoin and crypto bank charter. https://t.co/4IBfwcArzG

Adam Back@adam3us· about 1 month ago

RT @Vivek4real_: Michael Saylor says, "Soon every billionaire will buy a billion dollars of #Bitcoin, and the supply shock will be so great that we will stop measuring BTC in terms of fiat." https://t.co/ldBKeIxM0y

Adam Back@adam3us· about 1 month ago

RT @gerovich: Just 3 months ago, we announced live at our shareholder meeting that we hit 3,350 BTC — and now we’ve added 10,000 more to reach 13,350 BTC. ちょうど3か月前、株主総会で3,350 BTCに到達したことをライブで発表。そこからさらに1万BTCを積み上げ、いまや13,350 BTCに。今こそ、加速のとき。

Adam Back@adam3us· about 1 month ago

RT @BitcoinMagazine: JUST IN: Bitget partners with Mastercard to launch a #Bitcoin and crypto card. Mastercard can be used at 150 million merchants 🙌 https://t.co/NORus65onr

Adam Back@adam3us· about 1 month ago

RT @fiatarchive: BREAKING: 🇯🇵 $300 billion Japanese tech giant Mitsubishi to add Bitcoin trading to 100 million user reward points app. https://t.co/c0AxAdK3Qv

Adam Back@adam3us· about 1 month ago

RT @pete_rizzo_: BREAKING: $300 BILLION JAPANESE TECH GIANT MITSUBISHI TO ADD #BITCOIN TRADING TO 100 MILLION USER REWARD POINTS APP ASIA IS WAKING UP IN FORCE. HUGE 🔥 https://t.co/z8famRAegB

Adam Back@adam3us· about 1 month ago

RT @alistairmilne: Highest ever monthly close for Bitcoin (in USD) GM https://t.co/JOdXKwrmpw

Adam Back@adam3us· about 1 month ago

RT @alistairmilne: Just here estimating the flows going into $MSTR stock when it is admitted to the S&P500... Estimated S&P 500 Weight (at $100B cap)~0.20% Initial Passive Inflows: $12–18 billion Annual Ongoing Inflows: $1–3 billion/year Probably nothing

Adam Back@adam3us· about 1 month ago

RT @100trillionUSD: Bitcoin June closing price: $107,179 ... new monthly close ATH, like clockwork https://t.co/M1PDjdwyeV

Adam Back@adam3us· about 1 month ago

RT @BlockstreamJade: Bitcoin isn’t waiting. This summer, take self-custody into your own hands. We’re giving away 5 Blockstream Jade Plus hardware wallets: 🟢 100% open-source 🟢 Verifiable with Genuine Check 🟢 Built for a lifetime of Bitcoin security Want one? 1️⃣ Follow @BlockstreamJade 2️⃣ Retweet this post Winners announced on July 4th.

Adam Back@adam3us· about 1 month ago

RT @Alpha2Wealth: WHY I AM MORE BULLISH THAN EVER ON $ALTBG 👇 🔸TOBAM Kept executing the « ATM like program » last week even in very adverse markets, meaning pace may go nuts in favorable weeks (see @Bthemoon2030 analysis on this topic) ——- 🔸Yes amounts do not compare yet to $MSTR or $MTPLF BUT frequency massively increased! Looking at a monthly pace @AlexandreLaizet & @Kosanovic_V are really going nuclear in feeding the BTC Treasury strategy ——- 🔸Each transaction increases the market cap hence the potential for a really massive public share offering (potential ranging between €100m & €200m at this stage adding up to more than 2,000 BTC with one single operation!) ——- 🔸Finally, @adam3us and @YChoueifaty keep supporting the company with the new convert: that is a very positive point, and may lead new institutional investors and High Net Worth Individuals to join them in funding @_ALTBG 👉 WE ARE SO EARLY

Adam Back@adam3us· about 1 month ago

RT @H100Group: H100 Group has raised ~SEK 74M from a new group of investors — we are thrilled to welcome @richardbyworth on board. Total capital secured to date: SEK 405M (~$42M). https://t.co/v2bKHeCUWw

Adam Back@adam3us· about 1 month ago

RT @RoaringRagnar: @AlexandreLaizet @adam3us @YChoueifaty https://t.co/EJ5lDzgHXm

Adam Back@adam3us· about 1 month ago

RT @AlexandreLaizet: 🫡~€11M new funding to accelerate our Bitcoin accumulation strategy: 🔶 €1M ATM-type capital increase with TOBAM 🔶 €10M New BTC-Denominated Converts with @adam3us and TOBAM @YChoueifaty More Nuclear BTC Yield Maximization⚡️

Adam Back@adam3us· about 1 month ago

RT @cryptosteel: Seed24 is here. A complete metal backup system designed for 24-word phrases, Shamir SLIP39 shares, and advanced MultiSig setups. Built on the original Capsule architecture, now upgraded with a stronger core, improved separators, and tamper-evident security seals. No tools. No electronics. No compromises. This is self-custody, hardened. https://t.co/hK94SCTcJc

Adam Back@adam3us· about 1 month ago

RT @pete_rizzo_: BREAKING: MICHAEL SAYLOR'S STRATEGY JUST GOT ADDED TO THE RUSSELL TOP 200 INDEX PASSIVE CAPITAL WILL FLOW INTO #BITCOIN 🔥 https://t.co/nrar97t0k6

Adam Back@adam3us· about 1 month ago

RT @steve_btcfo: H100 raising another SEK 74 million for BTC, along with clearly outlined position of not selling. Excellent communication. H💯🟠 https://t.co/rx7O9qBQgx

Adam Back@adam3us· about 1 month ago

RT @klaus_koo: @mattiakabtc @Sanderandersenn just told in @Anders_ interview, that he has been raising money his whole life. It’s worth to watch. How many microcap treasuries have @adam3us, @UTXOmgmt, @RichardByworth, @bradmillscan etc. on board?

Adam Back@adam3us· about 1 month ago

RT @tylev: Metaplanet ascends to the top 5 corporate bitcoin holders. Numbers 2-4 on notice! Congrats @gerovich @DylanLeClair_ and team 🚀

Adam Back@adam3us· about 1 month ago

RT @Vivek4real_: 🇺🇸 BILLIONAIRE CHAMATH PALIHAPITIYA JUST EXPLAINED WHY #BITCOIN IS GOING TO $1,140,000 THIS CYCLE THIS IS A MUST WATCH!!! https://t.co/2jyf6zn3E8

Adam Back@adam3us· about 1 month ago

@blockstream CIO @macrocrunch got the first bitcoin into a public pension fund (Santa Clara VTA) in 2021 his recent blog post on topic https://t.co/80ir7kWjC9

Adam Back@adam3us· about 1 month ago

vote firefighter and bitcoiner @Beiwatch1 Dom Bei for CalPERS pension board. more bitcoin in more pensions to improve pension returns.

Adam Back@adam3us· about 1 month ago

RT @btconexchanges: @adam3us This one doesn't look bad either https://t.co/Hd07qyaXcl

Adam Back@adam3us· about 1 month ago

RT @Vivek4real_: 🇺🇸 BILLIONAIRE AND GEMINI FOUNDER WINKLEVOSS SAYS #BITCOIN IS “EASILY” GOING TO $1,000,000 IT’S COMING!!! 🚀 https://t.co/xcVUPKZsen

Adam Back@adam3us· about 1 month ago

RT @RoaringRagnar: The bull is loading… can you feel it? 😏 https://t.co/b1tKRUXJrl

Adam Back@adam3us· about 1 month ago

looks quite good zoomed out like this https://t.co/OXdGI7U6tu

Adam Back@adam3us· about 1 month ago

fixed it for you @CNBC (thanks @eragmus1 via bitcoin core slack) https://t.co/uEEnr7LQnJ

Adam Back@adam3us· about 1 month ago

RT @Vivek4real_: BLOOMBERG SAYS #BITCOIN IS NOW OUTPERFORMING ALL THE OLD-SCHOOL ASSETS WHAT A TIME TO BE ALIVE!!! https://t.co/x8bSI3POvj

Adam Back@adam3us· about 1 month ago

RT @Arnab_Naskarr: TradFi is the wooden horse… @coinjoined We’re changing this. Capital markets will be tokenized—and they’ll be on Bitcoin. @stokr_io has been building on Bitcoin since 2020, unlocking access to some of the most interesting assets in the space: 🔹 BMN (hashrate backed securities) 🔹 CMSTR (tokenised @Strategy) 🔹 CMTPL (tokenised @Metaplanet_JP) 🔹 Aquarius Fund …and soon, @H100Group BTC-denominated converts. Horse power matters 😉

Adam Back@adam3us· about 1 month ago

RT @YChoueifaty: To be sent as of today to your bank/broker: [Your Full Name] [Your Address] [Postal Code, City] [Phone Number] [Email Address] To: [Address of your branch or the relevant department, if known] For the attention of: [Your Advisor / Securities Department] Paris, June 29, 2025 Subject: Prohibition of securities lending Dear Sir or Madam, I currently hold shares of the company ALTBG – The Blockchain Group (FR0011053636) in my securities accounts with your institution. Through this letter, I am formally notifying you of my express objection to any lending of securities, and in particular the shares of ALTBG, from these accounts. I request that you duly record this instruction and take all necessary measures to ensure that NONE of my shares — especially those of ALTBG — may be lent to any third party, whether in the context of custody, portfolio management, or any other activity. I kindly ask you to acknowledge receipt of this request and to confirm in writing that the aforementioned securities will be excluded from any securities lending operations. Pending your response, I remain, Yours sincerely, [Your Full Name]

Adam Back@adam3us· about 1 month ago

RT @AlexandreLaizet: 121% $ALTBG BTC Yield Focus⚡️ https://t.co/mw0ndgmLuI

Adam Back@adam3us· about 1 month ago

RT @saylor: In 21 years, you'll wish you'd bought more. https://t.co/s1I607RVda

Adam Back@adam3us· about 1 month ago

RT @HodlMaryland: If you’re still thinking linearly, you’re already behind. This administration is playing an exponential game. Presentation by Andrew Hohns Co-Author of the BitBonds White-Paper https://t.co/6txnsE1DGV @DarkSide2030_ @Puncher522 Today’s Presentation 👇👇👇 https://t.co/6IeAmWoMbZ

Adam Back@adam3us· about 1 month ago

never re-balance #bitcoin. HODL

Adam Back@adam3us· about 1 month ago

40% it's a start - can become 85% soon enough.

Adam Back@adam3us· about 1 month ago

RT @Vivek4real_: 🇺🇸 BILLIONAIRE AND PANTERA CAPITAL CEO SAYS THE USA WILL SELL GOLD AND BUY $600 BILLION #BITCOIN SOON IT’S HAPPENING!!! https://t.co/uwFNTp2rYL

Adam Back@adam3us· about 1 month ago

liked and reposted👍. this is the way; just no cap gains on #bitcoin. not the weak sauce "exempt on small limit" lately news.

Adam Back@adam3us· about 1 month ago

RT @AlexandreLaizet: Watch out the complete version with @adam3us and @saylor here on youtube: https://t.co/ToCWfiMwRm

Adam Back@adam3us· about 1 month ago

$billions of btc buying price stuck in $100-110k "must be paper bitcoin selling" here's another paper debunk. the guys buying big ticket amounts of btc are taking delivery: storing with custodians. i know a lot of retail are leaving on exchange, but hard to hide that much paper.

Adam Back@adam3us· about 1 month ago

RT @YChoueifaty: Soon the bull will wake up... https://t.co/Tf1kAoEEIQ

Adam Back@adam3us· about 1 month ago

RT @saylor: My Views on BTC Theory and Practice at @BTCPrague. 4:07 BTC Business Models, Treasury Theory & Growth Dynamics 13:30 BTC Equity Models & Metrics (BTC Yield, BTC Gain) 18:10 BTC Credit Models & Metrics (BTC Rating, BTC Risk, BTC Credit) 21:25 Logic of BTC Perpetual Preferreds like $STRF & $STRK 30:00 BTC Credit vs. Traditional Credit Instruments 35:00 Is the Bitcoin Network Getting Stronger or Weaker? 39:20 Global BTC Usage Models & Adoption Dynamics

Adam Back@adam3us· about 1 month ago

RT @mc_khristina: @adam3us @bradmillscan @klaus_koo @H100Group 🔥 I like it ! h💯DL

Adam Back@adam3us· about 1 month ago

RT @alistairmilne: https://t.co/WBx0uYy7L6

Adam Back@adam3us· about 1 month ago

RT @RichardByworth: We’re early… very few people are taking these companies seriously… yet

Adam Back@adam3us· about 1 month ago

RT @_mikeinvests: @SimplyBitcoinTV Billionaires will fomo, retail will fomo, institutions will fomo, nation states will fomo, but there will be those who do their DD and execute based off of knowledge.

Adam Back@adam3us· about 1 month ago

RT @SimplyBitcoinTV: NEW: Billionaire Investor speaks on Bitcoin and tells CNBC, "Every day I do think, Why do I not own it?" "I made a mistake and i'm changing my mind." 👏 https://t.co/byxCbzBFoW

Adam Back@adam3us· about 1 month ago

RT @BlockstreamJade: Word on the block is that one of the USB sticks is heading off into graceful retirement.🕯️ For a fully open-source, camera-ready, Bitcoin-only sidekick, get Blockstream Jade. Grab yours with code “RETIREMENTPARTY” for 12% off (while the confetti lasts) https://t.co/GEoElGuBpA

Adam Back@adam3us· about 1 month ago

RT @DylanLeClair_: Some thoughts on the landscape of Bitcoin-backed fixed-income securities, and the endgame coming into focus. To rewind a bit, let me take you back to 2021, the manic phase of the COVID bull market. I had just begun a full-time position writing research for Bitcoin Magazine Pro (then called The Deep Dive), an analytics focused newsletter focused on the Bitcoin market. At that time, a dominant market talking point among Bitcoiners was “contango,” the phenomenon of futures trading at a premium to the spot price for a commodity. That premium is common in commodity markets because of physical constraints such as storage and seasonality, but none of those constraints exist for BTC. There is no storage cost, the future supply schedule is known with certainty, and the asset is intangible and indestructible. Many found it confounding that a 20-30% annualized return could be made simply by buying spot BTC and shorting the futures contract. For those unfamiliar with the mechanics, if you buy 1 BTC and short 1 BTC of futures (posting the spot BTC as collateral), you hold a synthetic-dollar position that pays a variable yield. Baseline funding on perpetual futures is about 10% APR, meaning that if spot and futures trade exactly in tandem the synthetic dollar yields roughly 10%. During the leverage frenzy of 2021, those yields rose to more than 40%. I was convinced the bond market would not stand idle while Bitcoin hyper-monetized in a zero-rate environment. My naive hypothesis was that Wall Street would imminently arrive to capture the spread by taking delta-neutral positions, long spot and short futures, thus outperforming anything in traditional fixed income. That view was flawed for two main reasons: 1) The plumbing was not ready: no serious institutional capital was going to log in to Binance or FTX to run this trade. 2) Even with a friendly regulatory landscape and secure platforms, most capital lives under strict mandates that prohibit such activity. Instead of a wave of institutional arbitrage, the contango premium collapsed under its own weight as the underlying bull-market leverage unwound. Demand to short fiat and long BTC dried up, and the most levered crypto firms imploded, mainly driven by altcoin based leverage and loan rehypothecation. After the 2022 bear market, the clean-up process began. Bad actors disappeared, BlackRock filed for a spot ETF in mid-2023, and the institutional tide started to shift. By 2024 both legs of the contango trade were finally available on Wall Street. Institutions could go long via SEC-approved spot ETFs and go short via CME futures, capturing a roughly 5-15% annualized spread with full regulatory oversight. Yet fixed-income capital still stayed away. The players harvesting that basis were prop funds, not the massive pools of fixed-income capital, as their mandates prohibited such activities. Something was still missing. For a while I thought convertible bonds issued by operating companies might be the bridge. Volatility could be the transmuting variable that lets Bitcoin-backed optionality outcompete traditional cash-flow bonds. But the convert market is opaque, infrequent, relatively illiquid, and much smaller than the depths where fixed-income giants swim. The endgame revealed itself in 2025. It finally clicked when MicroStrategy launched its first perpetual preferred equity offering. Suddenly the fiat-denominated bond-market endgame came into focus. Massive fixed-income pools were never going to post BTC on a futures exchange to hold a synthetic-dollar position, no matter how attractive the yield. Even when that contango trade offered 40% in 2021, it didn’t matter. MicroStrategy’s Bitcoin-backed preferred equity solved this. The instrument is issued in dollars, MSTR buys BTC up front, the pref ranks senior to common equity, is registered with the SEC, is transparently over-collateralized, and pays a fixed dividend that does not evaporate when dynamic funding rates collapse. In effect it is an infinite-duration BTC<>USD swap contract, wrapped in a bond like instrument. Interestingly, the “crypto-complex” has spent billions attempting to create such product-market fit. Ideas such as synthetic stablecoins built upon perpetual swap contracts - which never really landed with much effect in TradFi. Here is @_Checkmatey_ and I discussing the hypothetical product-market fit of a synthetic instrument collateralized by BTC that pays yield based on a perpetual futures contract… Sound familiar? Outside of raw spot BTC itself, I’ve often stated that the “golden goose” in crypto was who was going to be first to figure out how to seamlessly build a secure vehicle that provides USD yield and stable USD exposure to investors who want to take the other side of the trade as the long perpetual futures traders… Well, Saylor figured it out (shocker).... MSTR is going long spot BTC (in massive size) and selling the short leg of a perpetual swap to the $100T fixed-income market. STRF pays roughly a 10% dividend and is secured by Bitcoin collateral. It offers far greater legal protection, transparency, and stability than any offshore perpetual swap ever has. These instruments are built to capitalize on the fiat system’s inherent design: 21,000,000 BTC versus an unlimited and ever-expanding supply of currency units. The contango narrative of 2021 and its perceived 2nd & 3rd order effects on the fixed income markets was simply ahead of its time. To conclude: Bitcoin-backed perpetual preferred is the golden goose. And Saylor caught it. The gates of Troy have been breached.

Adam Back@adam3us· about 1 month ago

RT @Croesus_BTC: @DylanLeClair_ Have been reaching the same conclusion as well. $318T in global debt! You also may have saved me a year with this post 👀 https://t.co/87X1RiaoBx

Adam Back@adam3us· about 1 month ago

RT @AlexandreLaizet: 🟠 Looking forward to the opportunity of welcoming short sellers as shareholders of @_ALTBG⚡️ Last time Citadel tried to short us, stock price was €0.40, 40 BTC on the balance sheet, and market cap €40M. 10x later, at around €4 stock price, +1,700 BTC on the balance sheet, +1,200% BTC Yield YTD, and a market cap of €500M, QUBE & VOLEON are now providing opportunity for those able to handle volatily with conviction and long term focus on BTC Yield Maximization⚡️ 🟠 Volatility is vitality for Europe’s First Bitcoin Treasury Company 🇫🇷

Adam Back@adam3us· about 1 month ago

RT @gerovich: 🇯🇵🤝🇺🇸 https://t.co/uKrZDRLKi5

Adam Back@adam3us· about 1 month ago

zero chairs given! https://t.co/cPVRdd74mx or why @metaplanet_jp mNAV and yield stays high. focus + less chairs. @DylanLeClair_ @gerovich

Adam Back@adam3us· about 1 month ago

RT @gerovich: Metaplanet has acquired 1,234 BTC for ~$132.7 million at ~$107,557 per bitcoin and has achieved BTC Yield of 315% YTD 2025. As of 6/26/2025, we hold 12,345 $BTC acquired for ~$1.20 billion at ~$97,036 per bitcoin. $MTPLF https://t.co/vsnbCLGjZB

Adam Back@adam3us· about 1 month ago

RT @RichardByworth: Just remember back when @Metaplanet_JP was a 20x mNAV H/t @80IQmindset for the great graphic 🙏🏼 https://t.co/wSknUBoi0y

Adam Back@adam3us· about 1 month ago

RT @Sanderandersenn: Thank you @BTCPrague for having me on stage. Bitcoin is nothing without Bitcoiners. 🧡 Grateful to be part of this movement. https://t.co/nUERzHhhtB

Adam Back@adam3us· about 1 month ago

RT @DylanLeClair_: The only winning move is to play. $BTC https://t.co/SwDqiDQkXh

Adam Back@adam3us· about 1 month ago

like clockwork, #bitcoin's floor price grinding higher🟩

Adam Back@adam3us· about 1 month ago

#bitcoin 200wma passes $49k https://t.co/Ye2NifOBwn https://t.co/W95h7ecA6G