u/B1TB0TB33PB00P

Fraud "leadership" bros.

Compare to an unnamed CEO. It's all the same playbook.

Does not stop talking, even when the subject is completely irrelevant.

Absolutely needs as much attention in the spotlight as possible.

Postures as THE expert, dominating with stern potty mouth arrogance.

Plays victim mentality while deflecting and breaking down the perceived faults of third parties.

Financial gain for one, monetary loss for all others.

Total control requiring lies and misrepresentations.

Always reiterating success and avoiding personally unfavorable subjects.

Markets still open, will we go lower?

A couple Jack Maller's quotes from the video:

"What makes Twenty One extremely unique is we’re an operating business, when you’re investing in the business you’re buying a share of the company, your investing in leadership, in folks like myself to go out and work for you."

"We are building for the long term and this is a business that I plan to be the CEO of, forever."

Some people love to hear themselves talk.

Goodbye entitled potty mouth man baby. Hello Yale grad. Looking forward to discussion on the NEW XXI.

Tonight's episode transcribed early:

Yooooooooooooooooo...

Check my hoodie bro. I love daddy and wifey. Big house wow. Emotional loan officer ignore all shareholders. Michael Saylor WHY? Hate politics like a cool bro but imma teach you fans about politics. BTC, hooowww does iiiit work??? Thankfully I know everything. Take my lesson. TAKE IT.

*Reads texts in chat mentioning XXI*

I'm a MAN OF THE PEOPLE. Very busy uhhhhhh gotta go bros, byyyeee!!!

Markets still open, will we go lower?

I've tracked my BTC purchases for a while with Delta. Since it doesn't connect to Strike, I always manually enter the transactions. As a reference, it always shows a "global average price" for specific times, which I then adjust to my actual purchase price. I've always noticed that my purchase price was randomly above or below the average price, all seeming to even out. But I noticed since June 16th all of my purchases seem to be consistently ~$100-150 above the average price.

While this does seem close to the ~0.22% listed in the FAQ, it seems like an abrupt change. Now they consistently seem to be right around ~0.2% instead of good fluctuation.

I guess mostly posting to share awareness that your recent purchases might be at the high end of the spread, even if it is still better than most other exchanges...

---

Date	BTC/USD Avg	Purchase Price	Difference
5/1/2026	$77,034.26	$77,008.97	$25.29
5/2/2026	$78,306.93	$78,345.35	$(38.42)
5/3/2026	$78,271.08	$78,305.47	$(34.39)
5/4/2026	$79,920.45	$79,818.01	$102.44
5/5/2026	$80,929.43	$80,938.89	$(9.46)
5/6/2026	$81,473.57	$81,492.95	$(19.38)
5/7/2026	$81,397.13	$81,446.49	$(49.36)
5/8/2026	$79,482.76	$79,469.15	$13.61
5/9/2026	$80,225.09	$80,266.48	$(41.39)
5/10/2026	$80,707.18	$80,749.35	$(42.17)
5/11/2026	$80,841.66	$80,795.02	$46.64
5/12/2026	$81,010.86	$80,994.61	$16.25
5/13/2026	$80,954.33	$81,007.74	$(53.41)
5/14/2026	$79,790.69	$79,808.46	$(17.77)
5/15/2026	$80,557.78	$80,593.17	$(35.39)
5/16/2026	$78,600.90	$78,600.90	$-
5/17/2026	$78,065.69	$78,097.54	$(31.85)
5/18/2026	$76,873.53	$76,943.79	$(70.26)
5/19/2026	$76,972.81	$76,955.64	$17.17
5/20/2026	$77,317.87	$77,333.54	$(15.67)
5/21/2026	$77,538.08	$77,498.35	$39.73
5/22/2026	$77,338.68	$77,339.52	$(0.84)
5/23/2026	$75,315.48	$75,346.59	$(31.11)
5/24/2026	$76,895.46	$76,884.63	$10.83
5/25/2026	$77,319.49	$77,339.52	$(20.03)
5/26/2026	$76,833.85	$76,837.37	$(3.52)
5/27/2026	$75,719.04	$75,731.76	$(12.72)
5/28/2026	$73,048.68	$73,094.07	$(45.39)
5/29/2026	$73,673.47	$73,697.40	$(23.93)
5/30/2026	$73,493.48	$73,505.09	$(11.61)
5/31/2026	$73,950.52	$73,937.15	$13.37
6/1/2026	$73,022.23	$73,035.35	$(13.12)
6/2/2026	$70,000.21	$70,018.20	$(17.99)
6/3/2026	$66,909.54	$66,867.27	$42.27
6/4/2026	$63,969.86	$64,010.24	$(40.38)
6/5/2026	$61,877.24	$61,879.27	$(2.03)
6/6/2026	$60,742.47	$60,744.12	$(1.65)
6/7/2026	$62,108.18	$62,032.82	$75.36
6/8/2026	$62,955.75	$62,976.26	$(20.51)
6/9/2026	$63,246.48	$63,307.17	$(60.69)
6/10/2026	$61,425.66	$61,413.74	$11.92
6/11/2026	$62,706.44	$62,690.03	$16.41
6/12/2026	$62,906.11	$62,932.66	$(26.55)
6/13/2026	$63,694.29	$63,690.21	$4.08
6/14/2026	$64,253.57	$64,263.22	$(9.65)
6/15/2026	$65,789.46	$65,767.84	$21.62
6/16/2026	$66,420.44	$66,533.60	$(113.16)
6/17/2026	$65,555.15	$65,690.07	$(134.92)
6/18/2026	$64,040.81	$64,158.09	$(117.28)
6/19/2026	$62,850.71	$62,980.22	$(129.51)
6/20/2026	$63,681.38	$63,801.96	$(120.58)
6/21/2026	$64,221.92	$64,358.35	$(136.43)
6/22/2026	$63,940.26	$64,049.19	$(108.93)
6/23/2026	$62,866.91	$62,988.16	$(121.25)
6/24/2026	$62,699.02	$62,827.88	$(128.86)
6/25/2026	$61,646.01	$61,798.97	$(152.96)
6/26/2026	$60,237.06	$60,357.32	$(120.26)

Tether holds more US goverment debt than South Korea. Around $141 billion in treasuries, making it the 17th largest holder of US debt on the planet. Not 17th largest company. 17th largest holder, period.

They have roughly 200 employees. They made $10 billion in 2025 and $13 billion in 2024. That might make them the most profitable company per employee in financial history tbh.

$186 billion in USDT is circulating right now. About half of all crypto trading volume touches USDT at some point. If Tether had a problem tomorrow, the entire market would feel it within minutes.

And until March 2026, they had never undergone a full independent audit. For over a decade they only published "attestations", which are basically snapshots that confirm numbers on a single day, not a deep look at how the money actually moves.

They finally engaged a Big Four accounting firm for a real audit earlier this year. Some people see that as proof they have nothing to hide. Others think it took way too long for a company sitting on $186 billion liabilities.

Ngl the crypto market is built on top of something most people have never actually looked into.

So does Tether's size make it too big to fail, or too big to trust?