What a Warrant Overhang Looks Like in Real Time
$ASST may be showing us exactly what a warrant overhang looks like in real time. $BTC surged toward $87K. $ASST
September 21, 2026
rosanna prestia
Monetary Regimes Change – Fear Reads as Loss
Monetary regimes change. They always have. 1971 closed the gold window and opened four decades of asset inflation. 1981 looked
September 21, 2026
Follow One Dollar: Own the Layers, Not the Logo
FOLLOW ONE DOLLAR A dollar of AI capex doesn’t land on one company. It walks the whole circuit. It starts
September 21, 2026
Why Bitcoin Gets Stronger As AI Wins
AI keeps lowering the cost of producing almost everything. A heavily indebted financial system cannot comfortably let that show up as broad deflation. Bitcoin is what sits between those two forces.
September 20, 2026
Why Compute? Jevons Still Explains the Shortage
Why COMPUTE? Jevons, 1865. Watt made the steam engine more efficient, coal got cheaper per unit of work, and Britain
September 20, 2026
IREN’s Bottom Line: The Hard Truth Behind Its AI Pivot
The bottom line on IREN is more complicated than the headline. The company combines renewable power, controlled sites, data-center capacity,
September 20, 2026
Power, Part 2: The Queue Nobody Can Skip
POWER, PART 2. The queue nobody can skip. Part 1 was who owns the electrons. This is why nobody else
September 20, 2026
Open Weights Push the Moat to Power, Land, and Chips
Chamath is describing the second half of Jevons. Open weights are the efficiency shock. Cost per token collapses, which means
September 20, 2026
Bitcoin’s Golden Cross Is a Signal, Not a Thesis
Bitcoin just printed two signals that the market has not seen together since last November: a golden cross on September
September 19, 2026
ASTS Is More Than a Space Story
The market often files AST SpaceMobile under space, but the customer is a phone with no signal. That framing misses
September 19, 2026
The AI Trade Just Became a Credit Trade
The AI buildout has crossed a financing line. The four biggest buyers guided to roughly $730 billion of capex for
September 19, 2026
ASST: $5.4M of Long-Dated Call Premium and the Hedge That Followed
$5.4 million of call premium traded in $ASST 2027–2029 expirations today. That is big money thinking in years, not days.
September 18, 2026