Adam @3usadam_
cypherpunk, cryptographer, privacy/ecash, inventor hash cash (used in Bitcoin mining) phD Comp Sci Malta 🇲🇹 Joined April 2008-
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🟠 Live from Korea 🇰🇷 where I’ll be speaking at @bitcoinseoulcon! The Blockchain Group has acquired 624 BTC for ~€60.2 million at ~€96,447 per bitcoin and has achieved BTC Yield of 1,097.6% YTD, 47,9 % QTD. As of 6/3/2025, $ALTBG holds 1,471 $BTC for ~€131.9 million at…
🟠 Live from Korea 🇰🇷 where I’ll be speaking at @bitcoinseoulcon! The Blockchain Group has acquired 624 BTC for ~€60.2 million at ~€96,447 per bitcoin and has achieved BTC Yield of 1,097.6% YTD, 47,9 % QTD. As of 6/3/2025, $ALTBG holds 1,471 $BTC for ~€131.9 million at… https://t.co/6WdwMv8Doh
Hyperbitcoinization intensifies.
🟠 The Blockchain Group confirms the acquisition of 624 BTC for ~€60.2 million, the holding of a total of 1,471 BTC, and a BTC Yield of 1,097.6% YTD ⚡️ Full Press Release (EN): theblockchain-group.com/wp-content/upl… Full Press Release (FR): theblockchain-group.com/wp-content/upl… BTC Strategy (EN):…
Let’s do an example to hurt some feelings: Imagine Company A: BTC NAV: $1B Market Cap: $5B mNAV multiple: 5x BTC yield YTD: 200% → 3x multiple Period: 5 months YTD 5 / 3 = 1.6 1.6 x 5 = 8.33 ✅ That means the company will fully "earn back" its premium in under 9…
🔥WANT TO KNOW IF A BITCOIN TREASURY COMPANY IS CHEAP?🔥 Let me introduce you to the metric that will fry your CFA’s brain like an egg on a burning fiat balance sheet: mNAV MONTHS-TO-COVER (MmC) A great way to actually price these Bitcoin monsters. (thank you, @adam3us!) 🧵…
Metaplanet closes Tuesday trading as Japan's #1 most liquid stock by value traded, clearing ¥216 billion ($1.51 billion) of daily turnover.
FIPS 205: SLH-DSA. best PQ secure signature candidate for the moment IMO. signature size a bit big, but if we want to stop premature quantum FUD, make a new address format with a Schnorr taproot, and a SLH-DSA tapleaf. QED. future work: signature aggregate SLH_DSA using STARKs.
I like SLH-DSA as it is using SPHINCS+ which is itself an improved Winternitz signature (1982) improving Lamport signature dating back to 1979, and using simple robust hardness assumptions. most of the other NIST candidate signatures are using novel untested hardness assumptions.
Taproot addresses are unhashed Schnorr public keys, but can contain a tweak to reveal a tapleaf (containing SLH-DSA or other opcodes), the tapleaf tweak was designed to be PQ secure when taproot was introduced, planning ahead, as a smarter alternative to hashed public keys.
KULR has acquired 83.3 BTC for ~ 9 million at ~ $103,234 per #bitcoin and has achieved BTC Yield of 220% YTD. As of 5/20/25, we hodl 800 $BTC acquired for ~ $78 million at ~ $97,597 per bitcoin. $KULR
What a pleasure and honour to end this amazing @TheBitcoinConf with @BitcoinPierre and discuss BTC🇫🇷🇺🇸⚡️
NEW: $1.5 BILLION FIRST HEARTLAND CONSULTANTS JUST INVESTED IN #BITCOIN FOR THE 1st TIME ANOTHER INSTITUTION GETS OFF ZERO. FOMO 🔥
Thread
227 BTC added to the treasury for @_ALTBG (The Blockchain Group) ✅ The private placement from 9 may is used. ✅The 12.1m from 12 may (Adam Back) is recieved in BTC AND(!!!) More conformation that its logical that the other trance 2 subscribers will use there possible 1.5x…
Days to cover mNAV is freaking genius H/T @adam3us
The asymmetry between personal accounts and fund positions is going to close and push BTC to the next order of magnitude.
The asymmetry between personal accounts and fund positions is going to close and push BTC to the next order of magnitude.
Signal from the exclusive Talking Hedge Conference: by show of hands, 50% of the asset managers in the room personally own bitcoin today (!). By contrast, only 3% of them currently have a bitcoin position with their funds.
Welcome back to The Bitcoin Treasuries Podcast. Presented by @OnrampBitcoin. Today's guest is @DylanLeClair_. Dylan is the Director of #Bitcoin Strategy at @Metaplanet_JP. In 2024, Metaplanet Inc., a Tokyo-based company, experienced a remarkable stock price increase of…
with bitcoin the timechain drives the arrow of time with proof of work. bitcoin not blockchain, rather timechain!

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