Investor Strategies

SpaceX’s recent IPO is making headlines not just for its size but for what it reveals about Bitcoin’s evolving role in the financial world. Priced at $135 per share, SpaceX’s valuation reached approximately $1.77 trillion, marking one of the largest public market debuts ever. Yet, the real story lies in the company’s disclosure of owning 18,712 BTC, acquired at a cost basis near $661 million. This move signals a significant shift in how Bitcoin is viewed by major players in t

Introduction When investors evaluate a company, they often want to know one simple thing: how much real cash the business actually generates. One useful metric that helps answer this question is the Price-to-Free Cash Flow (P/FCF) ratio. It shows how much investors are paying in the market for each unit of cash a company produces. What is the P/FCF Ratio? The P/FCF ratio compares a company’s market value to the amount of free cash flow it generates. Free cash flow is the cash

Introduction Bitcoin's mining difficulty - an onchain metric just surged by 15%, marking the most significant single adjustment since 2021. This automatic recalibration signals something significant is happening beneath the surface of the world's largest cryptocurrency network. Why Did It Happen? Mining difficulty adjusts every ~2,016 blocks (roughly two weeks) to keep block times near 10 minutes. A 15% spike means far more computational power flooded the network driven by