🥛 The guy who called the bear is buying 💰

Bitcoin bull market

BTC is in a new bull market if it holds the 200-day MA around $71K; he'd risk 15% on the chin for 130% upside.

Onchain vs offchain trading

Coinbase and Robinhood aren't really onchain; high-frequency trading needs 1-2M TPS, which is what Zero chain targets.

SpaceX valuation

SpaceX is an AI compute company, not just a rocket launch company, and his price target is $389.

Altcoin entries

We are in a lockout rally and won't get good altcoin entries again; he's fully deployed at 0% cash.

Stocks vs bonds

Why own stocks when 10-year Treasuries pay 5.3% risk-free while the S&P at 19x earnings yields roughly 5%?

SpaceX is an AI compute company

Kyle Reidhead argues SpaceX's valuation should be based on AI compute leases ($61M/MW) and potential 7.5-10 GW by end of next year, leading to $450B ARR bull case and a $389 price target.

Prices SpaceX on compute leases rather than launch or Starlink revenue.

GPU Mortgage for AI compute

B3 Labs lets individuals own commercial Nvidia nodes with 30% down; rent from AI labs helps pay off the rest, making AI compute an investable asset class.

Crypto's real AI play is infrastructure, not agents; turns Nvidia GPUs into income-producing assets.