Articles

Financing Strategies for BTCTCs Under Sub-NAV Valuation Conditions
Executive Summary Bitcoin Treasury Companies (BTCTCs) operate with a financial objective distinct from traditional corporations long-term maximisation of Bitcoi…

Metaplanet’s Class B Preferred Shares: Japan’s First Institutional Bitcoin Preferred Equity
Metaplanet Inc. has entered a new chapter of corporate finance in Japan. With the launch of its Class B Preferred…

SATA: The Second Perpetual Preferred in Bitcoin Treasury Finance
Strive Asset Management — SATA Perpetual Preferred Equity I. Executive Summary The emergence of perpetual preferred equity within Bitcoin Treasury…

Strategy Inc.: A 50% BTC-Denominated Drawdown Has Created the Strongest Buying Opportunity Since 2020
Strategy has lost ~50% in BTC terms since May — and this pullback is exactly the opportunity long-horizon investors wait…

Engineering Trust with Fireblocks
We built Roxom architecture around one principle: trust engineered through security. It’s not an afterthought. It is the invisible structure…

Financial Instruments of the Bitcoin Standard: How Bitcoin Treasury Companies Channel Global Capital into Sound Money
Bitcoin Treasury Companies (BTCTCs) are quietly rewriting corporate finance. While the mainstream financial world remains anchored to fiat debt and…

STRE: Strategy Inc. Launches Euro-Denominated Digital Credit for Investors In Europe
Introduction: A Bitcoin-Backed Euro Yield Play Strategy Inc.’s new euro-denominated perpetual preferred security, STRE (Stream), offers a unique solution.…

Strategy’s B- Rating Marks the Birth of Bitcoin Credit Markets
S&P’s First Rating of a Bitcoin Treasury Company Redefines Corporate Credit for the Post-Fiat Era Executive Summary S&P Global Ratings…

Metrics to Understand Bitcoin Treasury Companies
An Institutional Framework for Evaluating BTC Per Share Compounding Bitcoin Treasury Companies (BTCTCs) represent a financial architecture built on a…

GOLD-BTC Perpetual Futures | Trade Gold in Bitcoin on Roxom
A new standard for hard-money markets, where gold meets Bitcoin. Introduction For centuries, gold has defined monetary stability. It was…

Gold Is Melting: Hard Money’s Migration to Bitcoin
Executive Summary The world’s oldest store of value is quietly dissolving in real time. Gold, the anchor of wealth for…

Wall Street Needs a New Benchmark The S&P 500 Is Collapsing in Bitcoin Terms
For decades, the S&P 500 served as the unquestioned barometer of U.S. wealth. Pension funds, 401(k) allocators, sovereign wealth desks,…