Jul. 14 at 7:40 PM
$ASST holds a treasury asset most trackers miss entirely: 505,000 shares of
$MSTR's
$STRC preferred (~
$44M at today's price) sitting alongside its own 19,900
$BTC.X and its own preferred,
$SATA. A DAT holding another DAT's preferred is a genuinely new balance-sheet situation — it's cash-like (sellable at market) but shouldn't count toward crypto NAV. We treat it as a distinct line, not folded into either bucket.
