Miller Cole

@mc0le · Joined

Business Analyst @ Musqet, building Bitcoin-native payments. Politics and Economics student at the University of Bath.

Ghostwriting services for BTC companies. Writing on Bitcoin treasury strategy and corporate adoption.

Latest Articles

Picture of Michael Saylor

Strategy's Hidden Funding Spread - And Why It Changes Everything

When Strategy disclosed its mNAV accretion floor at Q1 2026 earnings, it wasn't issuing guidance. It was publishing the architecture of a synthetic funding curve - and confirming that the metric most investors treat as a sentiment gauge has become the primary variable in the company's cost of capita...

uk america flag with a bitcoin

Why Britain Is Losing the Bitcoin Race to America

On April 21, a US combatant commander told the Senate that Bitcoin is a tool for American power projection. The UK held 61,000 BTC in its seized asset register the same week and had no policy. The gap is not accidental.

Freddie New, B HODL CEO

Inside B HODL: The UK’s First Active Bitcoin Treasury Company

The first UK‑listed company founded for Bitcoin accumulation and revenue generation from the Bitcoin in its treasury is putting its Bitcoin to work. A close look at the model Freddie New is building, and what it means for the UK's emerging Bitcoin treasury ecosystem.

Michael Saylor

Why Strategy’s $12.5 Billion Q1 Loss Is Actually Bullish

A $12.5 billion net loss dominated the headlines. Strip the accounting and what remains is a company accelerating - more Bitcoin, more preferred capital, and a credit instrument that is becoming the benchmark it set out to be.

Picture of Michael Saylor

STRC Ex-Dividend Date Explained: Eight Months of Evidence

Nine months ago, STRC didn't exist. Today, it purchased more bitcoin in a single session than Strategy bought in all of August 2025. Tomorrow, STRC goes ex-dividend for the ninth time – and the demand has never been stronger.