Not a single panel discussion is addressing the controversy about compensation at Metaplanet. The word compensation is absent. This is the biggest issue in bitcoin treasuries right now. The fact that you are ignoring it means your conference is circle jerk for paid shills.

Pleased to have received over 99.8% support for the resolutions tabled to shareholders. Thank you to our shareholders for their continued support. Plenty MORE to come. LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8

In SOFTWAR, I used antlers as a symbol because they’re an example from nature where a species evolved a way to impose really high costs against things outside its own species, while softening that cost against itself. antlers are obviously extremely painful/dangerous if you dont have your own set of antlers to basically catch them and cushion the blow. Against other animals they can be lethal. But against another stag, the antlers get entangled and absorb a lot of that force. So stags can still compete with each other. For mating rights, dominance, pecking order, whatever. But they minimize the fratricide associated with that physial power competition. I think Bitcoin can basically become the digital version of this. If we use Bitcoin to create an energy intensive internet, where actions have some proof-of-work cost attached to them, then you can impose disproportionately more cost on non-human actors than humans themselves. because the big difference between humans and AI is how they behave. AI can perform actions at machine speed/scale. Humans cant. So even a relatively small per-action cost becomes enormous when you're doing 10,000X or 1,000,000X more actions. In other words, Bitcoin becomes digital antlers against AI. Antlers impose disproportionately more cost on things that arent stags than they do on stags themselves. Bitcoin can impose disproportionately more cost on things that arent humans than it does on humans themselves. So to me the antlers are still the perfect symbol for what we're trying to accomplish.

Just outside Starbase, a 50-foot bronze Prometheus is going up! Not a SpaceX commission. Not paid for by Elon Musk. French foundry Atelier Missor cast it in sections near Paris, shipped it across the Atlantic, and is assembling it on private land near the entrance for about a million dollars of their own money. In the myth, Prometheus stole fire from the gods and gave it to humanity. Here he holds that torch toward the same sky Starship is built to punch through. The legs are engineered for a Gulf hurricane: stainless tubes, 14 inches across, half-inch walls. Ancient titan. Modern launch site. Same idea … don’t accept the ceiling.

Naval’s point about playing long-term games with long-term people articulates why I’m max bullish on what we’re building at Strive. Our capital structure, amplification ratio, capital markets activity, hiring, compensation philosophy, and transparency are intentional, grounded in trust and long-term shareholder primacy. Trust earned through consistent execution and transparency compounds over time. I believe this is a durable moat for Strive, driving deep liquidity, access to large pools of institutional capital, the ability to maintain a high amplification ratio without restrictive covenants, and will result in sustained premium over our Bitcoin holdings. nav.al/long-term

Want a bullish Bitcoin chart? We're now 210 days off the Bitcoin/Gold ratio bottom (Mar 1, 2026). I went back to every prior cycle BTC/Gold low and checked what BTC did from this exact spot 👇 Median BTC return from day 210: 3M: +1% 6M: +43% 9M: +71% 12M: +120% 18M: +275% 24M: +390% 3 for 3 cycles were up big over 18 and 24 months: 2015 → +1,347% 2019 → +390% 2022 → +290% The catch: the first few months are usually flat, and 2019 was DOWN 30% before it went parabolic. Boring now. Violent later. Median path from here: ~$187K in 12 months, ~$416K in 24. n=3, not financial advice, but history's been loud:

$ASST short interest is at its highest levels in months. Even still, the stock is up 165% since August. That tells you how strong the demand is. The market has absorbed the heaviest short positioning of the period and kept pushing higher anyway. Look closer and the picture gets even better. Daily volume has quadrupled from around 2.5 million shares to over 10 million. Despite short interest rising, days to cover has collapsed from 8 to 2.4. That is purely a function of how much more liquid the stock has become. My read is that much of this is warrant holders hedging ahead of the 13th of October deadline. Once the warrants are exercised, those hedges get closed out and the overhang disappears. After the 13th, the focus goes back to what matters. Bitcoin on the balance sheet growing 5% a week and SATA glued to par. Bullish.

Strategy now holds 846,000 Bitcoin. The network produces roughly 164,000 new Bitcoin a year. That means $MSTR owns more than 5 years of the entire global supply of new Bitcoin. After the 2028 halving, annual issuance drops to around 82,000. At that point Strategy's stack represents over 10 years of new supply. No other company on Earth could replicate this position now. The coins simply are not available. That is what first mover advantage looks like on a fixed supply asset. Bullish $MSTR.

Last weekend, the subject of value traded came up, with $SATA and $STRC volume being compared with #SWC as an example of how the latter could possibly struggle. As Andrew rightly pointed out, the US market is 10 to 15 times larger. We accept that SWC will struggle to compete with the US when it comes to overall value traded and volume. But this got me wondering where SWC actually sits when it comes to volume in the UK market. After all, we are still a micro cap, sitting around 429th in the FTSE All Share. Now this was not the easiest thing to work out, but I think the numbers stand up. For consistency, all the historical share volume figures I used came from StockAnalysis London data supplied by S&P Global Market Intelligence. On Monday, on the #LSE, The Smarter Web Company traded 8.4 million shares. This was enough to place SWC at approximately 22nd in the entire FTSE All Share by shares traded that day. Around the top 4%. Now that was one day. How do we look over a longer period? Looking at the 20 trading sessions between 26 August and 23 September, SWC traded 45.3 million shares. That is an average of 2.26 million shares a day. Only around 95 companies in the FTSE All Share averaged MORE. That puts SWC at approximately 96th by average share volume, placing it in roughly the top 20% of the entire FTSE All Share. Remember, we only moved onto the Main Market in February 2026. Looking back at August, only 1.24 million shares were traded on average per day. That is a considerable move in a short period of time. For comparison, No.1 by average share volume over the same 20 trading sessions was Lloyds Banking Group. They traded an average of 138.69 million shares a day. In estimated value, that is roughly £153 million traded per day compared with The Smarter Web Company at around £1.08 million per day. The sterling values are estimates using the daily share price and volume, rather than exact transaction by transaction values. But with the right vehicle, The Smarter Web has #MORE room to move. Of course, nobody is suggesting a £200 million plus micro cap should be competing with Lloyds. That is not the point. The point is that a company sitting around 429th in the FTSE All Share by market cap appears to be around 96th by recent average share volume. The potential is huge. That certainly caught my attention. We are seeing volume increase. Bitcoin moving. Prefs coming. #MORE could bring MORE visibility and potentially a wider investor audience. None of that guarantees MORE liquidity, but we already have evidence that when investor participation increases, the market can handle considerably MORE SWC volume. We know who we are and we know the market we are in. We believe Bitcoin is going to $1,000,000 and eventually $10,000,000. We know Andrew and the team will work tirelessly to stack as hard as they can. We are so early. I am going to update these figures monthly so we can compare how SWC's liquidity develops over time rather than just guessing. Please feel free to offer opinions or comments. @asjwebley @MillerC0le @smarterwebuk LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8 | #MORE

I asked Grok to suggest a question to @_DannyKnowles for @_amanda_fab ... 👇

Après 237 ans de cette expérience ratée, il est temps de défaire la folie de la Révolution Anti-française. Anti-française, oui. Parce qu’elle a fait la guerre à tout ce qu’était la France : sa foi, son roi, ses provinces, ses langues, ses métiers, ses paroisses. Elle a appelé ça le progrès. Le principe était simple : effacer tout ce qui se tient entre l’homme et l’État. La famille, la communauté locale, l’Église, les corps de métier. Qu’il ne reste qu’un individu seul, face à un pouvoir sans limite. Depuis, les régimes changent – empires, monarchies, cinq républiques. La machine, elle, ne change jamais. Paris décide, la province obéit. L’État éduque vos enfants, prend ce que vous gagnez, et vous explique ce qu’il faut penser. Et la Révolution ne s’est pas arrêtée à la France. Les bolcheviks se voyaient en jacobins. Lénine avait la Terreur pour modèle. Le communisme est l’enfant de 1789 – nous, Polonais, l’avons connu de près. Nous avons vaincu l’enfant. La France vit encore sous le parent. Défaire la Révolution, ce n’est pas remonter le temps. Ce n’est pas une Terreur à l’envers. C’est rendre aux Français ce qu’on leur a pris : leurs communes, leurs écoles, leur argent, leur foi. Remettre l’État à sa place – sous la société, pas au-dessus. En 1789, on a dit aux Français : l’État vous libérera. 237 ans plus tard, il est temps de se libérer de l’État – et de redevenir français. 🇫🇷⚜️

When the British colonial government in India tried to control the cobra population they ended up with more snakes than they started. What happened became one of the most famous - and grotesque - lessons in economics, and explains why so many policies fail because they don't take account of incentives. In an attempt to reduce the number of venomous cobras in Delhi, the authorities introduced a reward for every cobra killed and handed in. At first, the policy appeared to work: dead cobras were brought in and payments were made. However, local entrepreneurs quickly realised there was easy money to be made. They began breeding cobras specifically to kill them and claim the bounty. When the government discovered the scheme and cancelled the programme, the breeders were left with thousands of now-worthless snakes. Rather than keep feeding them, they simply released the cobras back into the wild. The cobra population, which had been temporarily reduced, ended up larger than it was before the bounty was introduced. This episode became known as the “Cobra Effect” - a textbook example of perverse incentives. By creating a financial reward for dead cobras, the government unintentionally created a market for live ones. The policy did not account for how people would respond to the incentive it created. This same pattern appears whenever governments try to engineer outcomes through crude rewards or punishments without understanding how individuals will adapt and without considering second and third order effects of their policies. When policy ignores human ingenuity and self-interest, it often produces the exact opposite of what was intended.

Tesla is sending this notification to people in Austin announcing that its Cybercab robotaxi fleet has doubled. This aligns with Texas registration data from this past week, which showed Tesla's total number of registered Cybercabs jump from 58 on Monday to 125 on Friday, a 115% increase.

Ask your parents what a house cost in 1985. Now imagine your grandchildren asking what a Bitcoin cost in 2026. That conversation is coming. Make sure you have a good answer. bitcoin:native

"Firefly" not on this list - opinions disregarded.

Pretty much every rich person knows the US dollar is a scam. They usually got rich by figuring out how to benefit from the government’s lack of discipline.

#37 on The New York Times’ 100 Best TV Shows of the 21st Century. Honored to have been part of it. Frak yeah. #SoSayWeAll

JUST IN: 🇺🇸 SEC Commissioner Hester Peirce calls to end mass KYC data collection, warning it puts crypto holders at risk of phishing and physical attacks. Pierce says the current KYC/AML system creates massive databases of sensitive information that can be hacked, leaked, or exploited. She's pushing for zero-knowledge proofs (ZK proofs) that could verify users meet regulatory requirements without exposing their personal information.

A surprising amount of people are bulltarded on Bitcoin but have never read the whitepaper, it's 9 pages Here is the TLDR for you The problem: every digital payment needs a middleman. The middleman can block you, reverse you, or debase you. The solution: a public ledger everyone holds a copy of, so no single party controls the record. The catch: who gets to write the next page? If writing is cheap, cheaters can spam fake history. The fix: make writing expensive. Miners burn real electricity to add each page. Rewriting old pages means redoing all that work, alone, faster than the entire network combined. Honesty becomes the profitable strategy. crazy to think satoshi airdropped 9 pages of straight sauce that solved a problem computer scientists had chased for decades

I need one of these.