KyleChassé

Jensen Huang just resigned as CEO, effective immediately.
CFO Colette Kress steps in as interim CEO. Nvidia also named its first-ever board chair. The stock is down another 10% premarket. About $600 billion in market value gone this week.
Short sellers are sitting on roughly $3.8 billion in paper profits. But guys, the chips didn't resign, right?
One portfolio manager said it best. The roadmap is visible for years. The real risk is execution. Apple lost Steve Jobs in 2011 and still became America's first trillion-dollar company seven years later.
Just something to think about.

Strategy's average cost per bitcoin is $75,456. Bitcoin is trading around $73,700.
Saylor's 850,364 BTC are underwater on paper.
And MSCI just confirmed it's removing Strategy from its indexes, including the MSCI USA, after the close on November 30.
Funds tracking MSCI hold around 13 million MSTR shares. JPMorgan estimated forced selling of about $2.8 billion.
Saylor's move the week before? Another 1,036 BTC.
Guys, index funds have to sell. They don't get a vote. Strategy doesn't have to sell a single coin, right?
So who blinks first?

Fun Fact...
If Germany didn't have to sell their $BTC , they'd have $3,665,059,874.12.
Wild...

Jensen is not the first CEO to cheat on his wife.
I will say it again. Cheating is wrong, very wrong. But there is some interesting data here.
Out of some of the other CEOs from major companies who had an affair, the prices have actually gone up. This is a very finite list because there are many companies that did not do this after CEO infidelity.
And the rise in the price is not because of the affair, it's because these companies have real value and people will still keep buying value.
But none of the companies replaced the CEO after the affair came out. That's what they're talking about doin

America just approved a type of nuclear reactor construction permit it hadn't issued in nearly 60 years.
And the review took just 18 months.
Guys, that tells you something about where this AI race is heading.
We've spent years obsessing over chips and models. But intelligence at scale requires electricity at scale.
The companies that secure reliable power could end up holding more leverage than the companies building the AI itself.

The next major wave of crypto capital might come from retirement accounts.
A rule expanding access to alternative assets in 401(k) plans has reached White House review. It hasn't taken effect yet. But the direction is worth watching.
Guys, crypto doesn't need every American to become a trader. It needs access to the financial systems Americans already use.
Distribution can be just as powerful as innovation.

Google just burned through $9.1 BILLION in free cash flow in one quarter.
Its second straight negative quarter. And AI is eating the cash. Guys, $51 billion in capex in just 90 days. Up to $205 billion this year. Wall Street sees over $300 billion in 2027.
Google even proposed an $80 billion equity raise, with Berkshire committing $10 billion. When one of the world's biggest cash machines needs outside capital to build AI, the stakes have changed.
The infrastructure bill is guaranteed. The returns aren't.

Inflation just handed the Fed a loaded gun.
Core CPI hit 0.3% for the THIRD straight month. That's 3.7% annualized against a 2% target.
Headline inflation came in hotter than expected at 0.4%.
Guys, Waller floated a 50-basis-point hike if core hit 0.3%. It just did. Logan already wants two more hikes.
Bitcoin is near $73K, and Wall Street now has to price in a Fed

Bitcoin ETF outflows shrank by more than three-quarters in four trading days.
$430 million out on Nov 5.
$412 million on Nov 6.
$201 million on Nov 9.
$95 million on Nov 10.
Still red, guys. but each day shows a less and less selling.
This could be the sellers getting tired, but we won't be able to say the mood has completely shifted until we see more green than red.
Right now... the past few weeks have been more red than green.

Your AI agents know how you work better than your coworkers do.
So who owns that memory, guys? On $SUI , you do.
Walrus Memory keeps it encrypted in an account you own. Sui smart contracts decide who can read it. Cut off any app, anytime.
Save context in Claude Code. Pick it up in Codex or Cursor. And every memory account is anchored on Sui. As AI agents scale, that's demand running straight through $SUI, right?
Built to follow your agents wherever they go.

November is supposed to be bitcoin:native's best month.
Average return since 2010? 34.4%.
Today BTC fell as low as $72,695 after the hot CPI print. Its lowest level in about three months, and down roughly 17% on the year.
21Shares says a sustained break below $73K opens the door to $69K, guys. That's right around where the 2021 cycle topped. The calendar says rally. The Fed says hike.
Which one do you trust for the rest of November?

Nvidia lost nearly $200 billion in market value on Monday over its CEO's personal life.
Today Bank of America took it off the US 1 list, its shortlist of best stock ideas. Micron and Lam Research went with it.
Look closer though, guys. All three still have Buy ratings.
It's like a coach benching his best player for one game. He still rates him. He just doesn't want that risk on the court tonight.
BofA hasn't tied the move to the board's probe into Jensen Huang. And its own chip analyst still expects AI growth through 2027, right?
So when a stock gets headline risk, do you trim it or do you buy

Trump Media just reported $410M in quarterly profit on only $3M in revenue.
Guys, that's the power of a Bitcoin-heavy balance sheet.
They added 1,510 BTC, bringing their holdings to 15,649 Bitcoin. Meanwhile, the core business still lost $12.3M on adjusted EBITDA.
Here's the part that matters. Most of that profit came from asset gains, not operating cash flow. Bitcoin is now driving the earnings narrative. And that cuts both ways.
When BTC moves, the balance sheet moves with it.