Written April 27, 2026
Reasons for considering Lien Chicago Atlantic BDC:

• The dividend is attractive: about 14% annualized
• Revenue has been strong: Increasing 1,653.42% over the past 3/5 years and up 151.5% TTM
• Earnings are strong: Increasing 137.2% TTM
• Margins are strong:

Gross margin: 77.26%
Operating Margin: 63.59%
Profit margin: 61.29%

About Lien Chicago Atlantic BDC (LIEN*) $9.45 –

Chicago Atlantic BDC, Inc. (NASDAQ: LIEN) is a specialty finance company focused on originating, underwriting and deploying primarily first-lien, senior-secured fixed and floating rate debt primarily to the cannabis Continue reading →

As of April 2026, Strategy (MSTR) remains the top Digital Asset Treasury (DAT) offering the greatest overall leverage to a move in Bitcoin (BTC), largely due to its unprecedented, aggressive use of permanent capital—specifically, its massive perpetual preferred stock issuance—to fund Bitcoin acquisitions. While other firms offer high operational leverage (miners), Strategy’s structural, balance-sheet-driven leverage is unrivaled.

Top DATs Ranked by Leverage and Capital Raising Ability (Q2 2026)

1. Strategy (MSTR): The undisputed leader holding over 780,000+ BTC.
   • Leverage Mechanism: Uses “intelligent leverage” via convertible debt and, increasingly, perpetual preferred stock ($STRC) to purchase Bitcoin without margin calls.
   • Capital Raising: Has over $8 billion in perpetual preferred capital, which is non-dilutive to common shareholders regarding liquidation preference, acting as a permanent, high-yield “shield” for aggressive accumulation.
2. Metaplanet (3350.T): Often called the “Asian Strategy,” this firm has seen its stock rise significantly, adopting a similar debt-for-bitcoin strategy to accumulate Bitcoin.
3. MARA Holdings (MARA): While previously selling Bitcoin, MARA now acts as a high-beta proxy by holding one of the largest corporate treasuries among miners (38,689 BTC) while also generating operational leverage through mining.
4. Twenty One Capital (XXI): A Bitcoin-native public company (listed late 2025) backed by Tether and Bitfinex, focusing on capital-efficient accumulation and high-yield potential.
5. Strive (ASST): Led by Vivek Ramaswamy, this firm aggressively acquires Bitcoin and acquired Semler Scientific, a smaller treasury holder. Strive offere a perpetual Preferred SATA paying 13% annualized yield that is paid monthly. Strive has no convertible debt and has said they do not intend to use debt as a tool to accumulated more BTC.
6. Riot Platforms (RIOT): Combines high-leverage mining operations with a large BTC treasury. It has high potential upside if it successfully pivots its massive energy infrastructure to AI/HPC.
7. CleanSpark (CLSK): Noted for “smart” treasury management, using convertible notes (0% interest) to acquire BTC, often trading at a high premium to NAV.
8. Bullish (BLSH): A significant holder (24,300+ BTC), offering exposure to the crypto exchange’s growth, though with less transparency than MSTR in public costs.
9. Hut 8 (HUT): Operates as a hybrid AI-and-Bitcoin play with a substantial, growing treasury.
10. Trump Media & Technology Group (DJT): Has recently added significant Bitcoin, with its stock price behaving as a volatile proxy, though it lacks the consistent, long-term “Saylor” accumulation model.

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Those of you who have read this blog know the LOTM macro theme is focused on three areas:

• Crypto/Blockchain – this is an early stage – probable decade or longer expansion trend.
• Scarce Natural Resources with a focus on Gold, Silver & Copper
• High Dividend Ideas – with a core in Biotech. AI will bring faster drug discovery and development

You also know we like Stage Analysis as a benchmark for timing entry points. Buy Strong Company Value when the stock is in Stage 1 and appears to be heading into stage two chart pattern. Continue reading →

The largest subnet of Bittensor, Templar, has withdrawn from the Bittensor ecosystem with negative price reaction in the price of Bittensor. This negative price action in Bittensor will impact xTAO Inc (XTAIF*) as they are the largest public company owner of Bittensor (TAO*).

Is this a longer term threat to Bittensor (TAO*) and xTAO Inc (XTAIF*)?

In the market we deal with probabilities. There are always unknowable’s.

My answer is that it is probable that TAO will survive this, possibly become stronger because of this development.

The accusation by Templar is that Bittensor isn’t really decentralized and is controlled by three people that oversee the Bittensor ecosystem.

Since we are working with probabilities I wanted to hear from organizations that have greater insight into Bittensor Continue reading →

Dated March 2, 2026
Neptune (NPPTF*) is a self-described, concentrated “fringe” asset treasury Company that trades mainly in Canada.

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LOTM ran a number of silver stocks through a screening of LOTM filters to see what AI (GROK) would reply.

LOTM is looking for highest probability names for share price appreciation when the factors listed below are considered for the following silver miners mentioned. Our time frame is three to four-years.

FACTORS applied:

• A company’s growth potential
• Best value at today’s entry point of buying
• AISC number where appropriate.
• Has large scaled size of available portfolio properties to grow into.
• A number of fully diluted share count for share price leverage
• Has a reasonable debt level for projects and size of the opportunity
• Insider ownership is reasonable to be aligned with shareholder interest.

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The Emerging Micro-reactor Revolution in Nuclear Energy

Prepared for: LOTM by GROK at LOTM’s request following a Q&A session.
Date: March 28, 2026 Source:
Conversation on Dr. Pippa Malmgren’s Substack analysis and related public nuclear investments
Dr. Pippa’s Substack Linked here

Executive Summary
Dr. Pippa Malmgren’s March 26, 2026 Substack post, titled “Hormuz Replaced by Stars in a Box, Atoms and Light,” describes a geopolitical energy shift. Iran’s leverage over traditional oil routes (Strait of Hormuz, Kharg Island) is being countered by U.S. advances in portable nuclear technology — “stars in a box” — that reduce dependence on vulnerable fossil fuel supply chains.

This technology refers to compact, transportable micro-reactors and small modular reactors (SMRs), often using advanced fuels like TRISO (meltdown-resistant, proliferation-resistant particles). Key drivers include AI data center power demand, military energy security, and policy support for faster deployment.

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