Founder, bitHedge Fund I | Bitcoin upside; return of capital backstopped by US commercial real estate | CRE operator, bitcoiner | 506(c) | Not investment advice
Salt Lake City, UT
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Most investors want bitcoin upside but can't stomach the drawdowns. Most owners of commercial real estate have equity sitting idle and no way to put it to work without selling or refinancing.
We built a fund where each one solves the other's problem.
How bitHedge Fund I works:
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RIA says buy through cycle and look a decade and decades ahead. But also names 2030 as a real investment horizon.
Vs Strive outperform via engineering.
Join livestream of this event in next tweet
@bitHedgefund solves for this 2030 horizon, structured position by using real asset partners. Uncorrelated. First position. Low LTV. Aligned.
Hitting this straight from @MWBTCSummit and Regenerative Impact weekend of UNGA >>
going into tho cycle fluent on best applications of the best positions re resets among real assets and fiat to digital and bitcoin.
Generational land detached from sick financial and health
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Hitting this straight from @MWBTCSummit and Regenerative Impact weekend of UNGA >>
going into tho cycle fluent on best applications of the best positions re resets among real assets and fiat to digital and bitcoin.
Generational land detached from sick financial and health
First words overheard at @BTCtreasuries conference outside of intentional conversation:
“head of Bitcoin exposure…”
Bullish. 💯
@ChrisDrz sorry ur gone bro 😄
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First words overheard at @BTCtreasuries conference outside of intentional conversation:
“head of Bitcoin exposure…”
Bullish. 💯
@ChrisDrz sorry ur gone bro 😄
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One. Hundred. Percent.
This is gow you build giant onramps and bridges from tradfi to bitcoin and onchain.
From @nickisanders an advisor to @bitHedgefund
Apparently saying “crypto needs to become institution-native” was a little controversial. 😂
Some responses were basically:
“HORRIFIC TAKE. THE POINT OF CRYPTO IS TO DESTROY INTERMEDIARIES.”
I get that some people think that way, but in the real world that's not how things work.
I'm not arguing that we should preserve every intermediary forever or hand more power to TradFi.
I'm saying that if tokenized securities are going to reach the trillions of dollars already sitting inside financial markets, the infrastructure needs to work for the institutions that actually custody, clear, settle and distribute those assets today.
You can believe in self-custody, disintermediation and permissionless systems while also recognizing that institutions have legitimate requirements around custody, compliance, reporting and risk management.
Those aren't mutually exclusive.
The goal isn't to make crypto more like TradFi, it's to make the best parts of crypto usable by TradFi without requiring the entire financial system to throw out everything that already works.
You don't have to love intermediaries to understand how adoption works. Don't let perfection get in the way of improvement.
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Daniel Holbrook retweeted
I didn’t really stop to think too much about the current state of the market before launching The Digital Credit Podcast today with inaugural guests @CJ_Bitcoin and @GuiAmadoGomes. But as I listened to CJ and Gui, and then @GrainofSaltSF and @AngryBuhda in Grain’s space, I’m starting to realize just how early we are and how quickly these markets are developing. I’m sincerely so excited to be in the room. Join us on Monday in Manhattan and experience this amazing community of builders.
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Daniel Holbrook retweeted
Episode 36: Testing Real Estate's Breaking Point
@ChrisDrz , @DanielBitHedge and @TimKotzman discuss the recent fed rate hike, sunbelt multifamily distress and the downside case for the bitHedge Fund.
00:00 Intro
00:50 RES Market Monitor Update
04:00 Fed rate hike
26:00 BTC price action
30:25 What’s the downside case for bitHedge
42:00 Appropriate position sizing
49:00 Closing thoughts
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I'm rooting for bitcoin to stay in this range a little longer.
bitHedge Fund I is built around one event: the fund's bitcoin doubling inside the term. Lower entry means more bitcoin per dollar for capital partners and an easier bar for real estate partners.
In New York tomorrow. Happy to talk it through.
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Heading to #TOKEN2049 in Singapore, Oct 7-8, then on to Bali.
Looking forward to catching up with the Bitcoin community and sharing what we're doing at bitHedge.
Family offices, allocators, CRE owners: let's grab coffee.
calendly.com/daniel-bithedge…
meetme.token2049.com/badge/1…
#Bitcoin
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Daniel Holbrook retweeted
The Real Estate Standard Podcast Episode 36 nitter.net/i/broadcasts/1nGeLMXYo…
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Great chatting with the guys again!
Headlines like rate hike (meh) and 10-year treasuries, and most important, what to do with CRE portfolio when the tide has turned against you.
The Real Estate Standard Podcast Episode 36 nitter.net/i/broadcasts/1vJpPNWVa…
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Four Utah guys somehow find each other in Midtown. Always a good time.
Thanks Jeff for bringing the Founders & Funders crew together in NYC. Great seeing Garret Aida and Freddie Ashby
The stuff that isn't on the agenda is the best part.
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Barbell strategy of this thinking is the best digital asset for growth, a proven store of value for preservation. Bitcoin backed by US CRE liens.
In a world filled with increasing geopolitical risks, where the only certainties are the relentless increase in government debt and advances in agentic technology, owning the pre-eminent DIGITAL, Provably SCARCE, VERIFIABLE and UNPRINTABLE Asset is the smartest move to protect and grow one's wealth.
Bitcoin belongs in ALL portfolios.
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Clarity failing says a lot about the state of US politics, nothing about Bitcoin.
ZERO changes to Bitcoin as the preeminent and only blockchain with global adoption and network effect.
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Daniel Holbrook retweeted
Govt feels broken. 18 months of work between our industry, dems and republicans and Clarity falls apart on the 5 yard line. All the issues got to a hard fought compromise other than one. On Ethics both sides dug in and decided their stance was more important than the long run good of a major industry and our countries chance to lead it. Republicans were afraid of putting real limits on a President’s ability to profit from digital assets. Dems decided that this one industry is where they would fight a corruption battle. They were scared to be seen doing anything that could be perceived as being soft on the President.
There had been a bi-partisan proposal that would have worked but it got hi-jacked in the politics of it all.
I am very disappointed that neither side could find a way to cross that chasm. I know there is an election in 7 weeks and that dominated the actions of both sides. What is crazy is the I honestly don’t believe crypto and this bill will be a top 10 issue in this election. It was in 2024 but this year will be about the war, inflation, affordability, Ai , immigration and what party has a better answer to those questions.
I do have faith that the SEC and CFTC will drive on with rules for the road and hopefully in time congress will find a way to memorialize them so people can have a longer term confidence in how digital assets will be treated in the US.
Maybe Mitch McConnell coming back in a wheel chair after 90 days was s comic signs to amplify how broken Congress is.
We go back to work tomorrow. And continue building.
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