source avatarMatthew Kerridge

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Today marks 50 days until the next FTSE quarterly re-balance on Tuesday 2nd June. With Bitcoin showing strength and STRC gobbling up mind blowing amounts of Bitcoin with estimates today as high as 9,300 at 60% of the volume traded with STRC today momentum is strong. It is incredible to think we are still very early with the creation of digital credit. The buying pressure Strategy alone are applying to the market is not sustainable. These current Bitcoin prices must increase. It’s only a matter of time. As Bitcoin price increases and it becomes more apparent to institutional capital that the Bitcoin bottom is in I expect more capital to flow into both Bitcoin and directly into SWC. Today we touched 1 mNAV during trading hours. It is only a matter of time until the ATM kicks back into gear. If the macro environment starts to settle down and markets turn more risk on we could be in for an explosive Q2. But the key remains patience. This is a 10 year plan (for starters…). The foundations are in place. The rocket has been fueled. Onwards! 🚀

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