Key insights
- The author suggests ASST as an asymmetric bet on Bitcoin, highlighting its high volatility and potential for significant returns. The upcoming SATA security offering a 13% yield paid daily is seen as attractive for traders. The author believes ASST offers higher leverage than MSTR and is uncorrelated with AI, making it a potentially attractive investment.
ASST gets no love on Reddit. It definitely is an asymmetric bet on bitcoin with leverage. They are releasing their preferred security SATA which gives 13% interest based on Bitcoin. They just changed this into a daily dividend model which will be a great place for traders to store their cash overnight. At less l than 2 billion dollar valuation and is likely to go up with 30-40% volatility compared to Bitcoin which has cycled off highs and ready for a bull run.
In my view best way to get 10x over next 5 years. More amplified than MSTR. Not correlated with AI, if there is a downturn.