Stacky @stacky43

Travis Bazzana, as advertised. #GuardsBall | #GuardiWins

@travisyost This is brilliant. Because it’s true. You go play in the road in an SEC town. lol

@seattletimes You’re shit

Newly declassified documents from the ODNI under Tulsi Gabbard confirm that COVID-19 was man-made and the result of gain-of-function research, contradicting earlier beliefs that it originated naturally.

@ShamashAran Epic

@AutismCapital My god Japan well done

Today was the most difficult day in the history of Digital Credit. $STRC traded as low as $82.50 before recovering sharply. $SATA traded from par down to the low 90s before also rebounding. It was a difficult day for many investors. What happened today was a leverage liquidation event, not a deterioration in underlying credit quality. There is an old saying in income markets that the road to hell is paved with carry. When investors discover an asset that offers attractive yields, relatively low volatility, and strong underlying credit characteristics, many eventually decide that owning it is not enough. They borrow against it. They lever it. They attempt to enhance the carry. That works until it doesn't. When markets move against leveraged holders, forced selling can create a cascade. Prices fall, margin calls increase, more selling occurs, and the cycle feeds on itself. The selling becomes disconnected from fundamentals and becomes driven by balance sheet constraints. We have seen this many times before in traditional finance. Some of the largest hedge fund failures in history involved highly leveraged positions in U.S. Treasuries. Not because Treasuries suddenly became poor credits, but because investors became overextended while trying to earn additional yield on assets that appeared safe and stable. That is the dynamic that played out today in Digital Credit. Importantly, the creditworthiness of the issuers remains strong. At @Strive, our dividend reserves remain intact. Our company is not under stress. We remain well positioned to meet our obligations and continue executing our strategy. The underlying credit profile remains substantially unchanged from where it was before today's volatility. One of the lessons markets teach repeatedly is that leverage flushes are not necessarily evidence of weak collateral. In many cases, they occur precisely because the underlying collateral is viewed as stable enough to encourage excessive leverage in the first place. In that sense, today's events were difficult for some investors, but they were also instructive. Digital Credit is still in its infancy. It is better for the market to experience and learn from these dynamics now, while the market remains relatively small, than years from now when the market is many times larger. Investors, issuers, and market participants all benefit from understanding the risks associated with leverage and liquidity before the asset class reaches full scale. No one knows with certainty whether today's lows will ultimately prove to be the bottom. What is clear is that there was substantial demand at those prices. Both $STRC and $SATA experienced significant buying interest off their intraday lows, resulting in sharp recoveries. That price action reflects meaningful demand entering the market at lower levels and is an encouraging sign for the health of the asset class. A liquidation event and a credit event are not the same thing. The price action today did not change my conviction in the long-term opportunity for Digital Credit. If anything, it reinforced my belief that we are building an entirely new category of financial instrument that will experience many of the same growing pains that other large fixed income markets experienced before reaching maturity. The volatility was uncomfortable for many participants. The lesson will prove valuable. Stay calm. Focus on fundamentals. Markets have a way of working through excesses, and when they do, stronger foundations are often left behind.

@FreddyLA7 Hell yes

@FreddyLA7 Wait what? At some point bro you’re meeting POTUS on this trip lol

It is amazing to me how many of the same oil doomers also believe AI is a bubble and scream "here we go" when long term rates tick higher for a week. This tells you everything about being a permabear trying to fight AI. Since Feb. 28 when the US-Iran conflict began, there have been at least 22 notable AI model releases or major capability rollouts. Anthropic alone went from Opus 4.7 to Opus 4.8 to Mythos Preview to Fable 5/Mythos 5. While permabears hunt for the next geopolitical risk. The model layer keeps accelerating into AGI. The lesson: AI is not waiting for people to get comfortable or jump on board. Ad(a-o)pt or Die.

@StackieRobins0n @WolvesSuperfan @BullTheoryio Doesn’t matter in the long run. It’s a strategic purchase that unlocks a lot for them and should return that investment easily.

@WolvesSuperfan @BullTheoryio Glad it came through officially then

This is why I root against New York sports. Stay classy

I Meme Therefore I Am 🇺🇸 @ImMeme0

a week ago

Knicks fans mob and attacked an elderly Spurs fan on his scooter. Bottom-of-the-barrel human garbage!

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@Supersonic_Red You’re not wrong lol

This has been the best follow on X Love to see it!

Freddy🇩🇪 @FreddyLA7

a week ago

Our room for the coming days in Houston. I don’t even know what to say about this. This is just unreal. No words. Huge huge thank you to JJ Watt for giving me and my friends the opportunity to stay at a place like this🙏🙏🙏

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Crazy thing is they will be more respectful than the Knicks fans

Barstool Sports @barstoolsports

a week ago

Brazil fans have taken over Times Square Let’s see how Knicks fans respond

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@NFL_DovKleiman Ryan Clark is a generational hater though. Probably clown too

Elon creates wealth. Politicians take. Thank you for coming to my Ted talk

ᴛʀᴀᴄᴇʀ @DeFiTracer

a week ago

🚨 BREAKING: THIS GUY MIGRATED TO THE U.S. FROM MEXICO AND WORKED AS A WELDER AT SPACEX HE RECEIVED $10,000 IN STOCK AND WAS PAID $28/HOUR FOR 10 YEARS AFTER IPO HIS $SPCX STAKE IS WORTH AROUND $1,000,000 HE IS ONE OF 4,400 EMPLOYEES WHO BECAME MILLIONAIRES TODAY!!

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