Learn how the market actually works

A plain-English introduction to companies like MicroStrategy that hold Bitcoin as a corporate reserve asset.

The ratio that tells you whether a treasury company's stock is trading at a premium or discount to the crypto it holds. Formula + MicroStrategy worked example.

Complete purchase history + weighted avg cost basis + current mNAV for the world's largest corporate Bitcoin holder (843K BTC).

The three major ETH treasury companies — Bitmine (BMNR), Sharplink (SBET), Ether Machine (ETHM) — and how they compare to spot ETH ETFs.

Ten publicly-traded Bitcoin miners with a plain-English guide to how mining margin works, halving impact, and MARA vs RIOT comparisons.

Coinbase (COIN) holds a large operational BTC position alongside its exchange business. The specific quantities, filings behind them, and what they mean for COIN as a proxy vs a pure exchange play.

Tesla bought $1.5B of BTC in 2021, sold 75% in 2022, kept the rest. The full purchase-and-sale timeline plus what's still on the balance sheet.

The Japanese public company that became the largest non-US corporate Bitcoin holder — timeline, mNAV pattern, and why Tokyo demand supports the local premium.

The mechanics behind why treasury companies raise capital, buy crypto, and trade at a premium to what they hold. Convertibles, ATMs, and the mNAV feedback loop.

See every filings-verified company holding BTC, ETH, SOL, or HYPE — 34+ names, live cost basis, unrealized P&L, source citation per row.

R²-gated β for every coverage name. Actual return minus expected return, ranked by absolute gap — the signal MicroStrategy watchers actually want.

The narrative frame — why treasury companies are a structural bid on crypto and which ones the market is mispricing right now.

Every major spot Bitcoin ETF ranked — fees, AUM, liquidity, tracking error. Which fits which type of investor.

Every spot Ethereum ETF compared. Why they don't stake, why ETHE's fee is high, and which is the default choice.

What creations and redemptions mean, why flows lead price, and how to interpret the daily net-flow numbers.

The largest spot Bitcoin ETF by AUM. Structure, custodian, fee arbitrage vs FBTC, and why IBIT is the default choice for most first-time Bitcoin buyers.

The pending and approved spot Solana ETFs — filing status, custodians, staking treatment, and how they compare to holding SOL directly.

The SOL treasury companies — UPXI, HSDT, DFDV, STSS, FORD — and how a SOL treasury differs from a Bitcoin treasury (staking yield changes the math).

Live flow tracking across every major spot Bitcoin and Ethereum ETF, plus FintellHQ's read on what the flows are telling you this week.

Hyperliquid in plain English: how the platform works, the HYPE token, and PURR — the Nasdaq-listed treasury vehicle for US brokerage investors.

The perp-DEX narrative, HYPE token, and PURR (Hyperliquid Strategies) — the public stock that holds HYPE on its balance sheet.

The public companies actually earning revenue from stablecoin float. Who mints, who distributes, and where the interest income lands.

How stablecoins grew from trading tools into payment rails, and which public companies are best positioned as they scale.

Ondo, Chainlink, Coinbase, Galaxy — the tokens and companies at the center of the on-chain traditional-finance shift.

The two most popular ways to get Bitcoin exposure through a normal brokerage account. Trade-offs, taxes, leverage, and when each makes sense.

For readers who want Bitcoin exposure but don't want to manage a crypto wallet. Every legitimate route, ranked.

Every legitimate way to hold Bitcoin in an IRA — the ETF-in-brokerage-IRA path, dedicated Bitcoin IRA custodians, and the tax trade-offs of each.

How Robinhood's crypto product actually works: which coins are listed, transfer availability, custody model, and where a dedicated exchange still wins.