He is bailing out Sam Altman. OpenAI cant IPO because they are massively in debt and dont make any money so Altman runs to the White House begging for a bailout and magically 3 days later we get this. This is the TARP bailouts all over again lol How "rich" did we get after '08

Exactly $0 has been given to the defense of Ukraine since Trump took over. Those of us on NATO’s eastern flank are not feeling any reciprocity at the moment.

Video message from Federal Reserve Chair Jerome H. Powell: federalreserve.gov/newsevent…

With $BTC continuing to stay suppressed @IonicDigital which is the startup created by forcing victims of @CelsiusNetwork to invest during Ch.11 has saw substantial reductions in BTC output well before the scheduled handover to @nscale for Q3/2026. The Nov 2025 Average daily BTC Mined has fallen to 1.96 from 3.17 in October a peak in FY25 of 4.85 in March. There has been a substantial decoupling effect for a while, but really appears to have taken effect once BTC dipped below $109,000. While @IonicDigital has been perfectly content to run unprofitable for years, mining BTC in the red likely hoping for FASB adjustments which favored them briefly on their FY24 substantially redacted/partial audit. With the announcement of the Lease & attempting to get listed, I suppose they need to finally start being somewhat fiscally responsible. Data sourced directly from @arkham

The commissioner of the BLS got fired in Aug for failing to provide the numbers the President wanted. Then the immediate proceeding month the BLS with the figurehead provides magically different results which the president appreciated. All while every day Americans continue to see increased food expenses, energy costs, and insurance premiums. For God sakes, even Hamburger helper is flying off the shelves and that was literally created to stretch tight food budgets during the depression. But yes the BLS released results so blatantly fake, almost like it was arranged to be faked.

We are likely getting to the end of even this level of transparency with @IonicDigital considering lease agreement will pull almost 65% of their revenue generating assets off the blockchain. But I did want to do brief update on Oct Thus far. Currently production has averaged 3.28 down -3.6% from Sep 2025. The monthly estimate based on present observations continue to lead to less than optimal results. Based on what I am tracking, the model is pointing towards the 101.5-103. Down from 104.4 from 10 days ago. I will say, it's going to be a substantial loss for shareholders of @IonicDigital when the majority of their transactions will shift off the public ledger. Ionic has already proven over nearly 2 years they are incapable of providing timely, accurate, or really any details about the business victims of @CelsiusNetwork are majority shareholders of the the company. While victims are held hostage, insiders profit, and leverage their position for their own interests. I can't say what the future holds here, but I will say having less access to information, is definitely not going to be a positive for victims. End of month update will come early next month once all data is available on the different blockchain accountability trackers.

Figure I can at-least post this too. Yes, once the tenant receives possession of cedarvale, and Ionics gets their first lease payment of $16.6 million it'll be pretty damn hard for them to not turn profitable. They "should" if they continue to keep the remaining sites active, see an annual net in the ballpark of $168m barring any substantial cost increases. But they've also given up 61.4% of their total energy capacity so we'll have to see how stable the other sites are (they struggled bad in FY22,FY23, and FY24)

🎊 This is fantastic for creditors of Celsius still recovering. A $299 million settlement with Tether. Substantially lower than the small minority of folks telling victims they'd receive billions, but also I'll admit more than I was expecting based on recent legal deference towards Tether and paolo. I was expecting them to bleed this out. But this is incredible news.

Some simple math for those that might be disappointed based on their own unreasonable expectations This is a preference claim, which are currently being settled for like 15 cents on the dollar so lets say you go the full 5 years to litigate this out, somehow win on the same arguments that Glenn ruled against the borrowers for...and are awarded the full $4.3B Then you subtract the principal which is $800m so that leaves a $3.5B claim. At 15% settlement rate for preferences, you're looking at like a $500m settlement.....which Tether will most definitely appeal and drag out even further.... So you could go almost a decade, spend idk, maybe $100m in legal fees and your best outcome is like $500m before expenses Which will be paid out in cash......when btc is going to be trading at $1m in 2035 lol This is a HUGE victory. I dollar in hand today is going to be worth a whoooooooole lot more than a dollar in the future. Lesson learned. Buy bitcoin, learn self custody, and don't get trapped in anymore shitcoin casinos.

A year later @IonicDigital has demonstrated it has vastly different priorities than its shareholders. If they believe they have been laser focused, maybe they need bifocals.

I've never been shy about my opinion about matters involved with @CelsiusNetwork and @IonicDigital. Some folks seem to forget how this started and why I continue to engage with the victims and advocate for them even with my limited voice. This is a massive post. But figured I'd spell it all out. In 2022 I was asked to help a adhoc group clean, scrub, and make usable the PDF Celsius gave to the adhocs for accounts and balances containing over 14,700 pages of intermingled, merged, and basically unreadable data. I spent weeks creating a custom powershell script that converted that into a usable, functional data base for the adhoc, which I also shared with other groups pursuing their own adhoc claims. This master document became the basis for which @devDapps used create the interactable website, which allowed everyone free and open access to the data I cleaned for victims, which @CelsiusNetwork never actually provided a usable document to victims till even the bitter end. I'll forever be grateful for Daps putting the data I scrubbed to such use for victims. Over the duration of the Ch.11 I've provided aid and assistance to hundreds of victims directly. To help determine preference exposure long before the LOC or the UCC sent out collection letters so they could financially prepare almost a year in advance. Helped them trace transactions, and balance history, helped them collect their data for taxes, etc. Also during the Ch.11 I worked diligently to provide clean and accurate reporting on the financial statements, offering condensed and easy to understand explanations for those who didn't speak English well, and at times spent hours discussing matters through translation tools to help folks understand the situation as it involved them. I provided consistent reporting on their BTC mining, production reports, estimates on values, and estimated future revenues. Consistently landing well within industry standard margin of error or better. I provided adhocs and pro-se insight and data for their filings directly or was used indirectly. Consistently raising issues about false or misleading statements by @CelsiusNetwork throughout the Ch.11. Primarily on cost basis being inaccurate, energy rates being falsified, and a host of other glaring omissions. The Examiner report, which I covered on release validated those concerns I had, proving without a shred of doubt as she provided the invoices that Celsius mining was in-fact paying substantially over their reported cost basis by an order of magnitude. I've spent months reviewing every plan or revised plan the UCC and Celsius provided and which eventually got approved by a vote. I laid out substantial concerns about profitability, leadership structure, operational issues, environment / permit issues, and the absurd revenue/profit projections which had been so outlandish to be criminal. In Aug of 2023, They laid out this plan summary, and I blasted them for thinking the network hashrate was going to be just 307 EH/S in Sept 2024, and 374 in Sept 2025. It was grossly negligent and substantially misaligned the estimates which anyone on twitter in crypto could have spotted. Their Revenue estimates for Sept 2024 off by just -$175 million and their Sept 2025 Estimate was off by -$327 million. All glaring issues I raised substantial concerns about, and provided substantial evidence supporting my stance and opinion. But when those concerns got brought up in court the UCC led by Scott & Tom (Now board members) and Celsius got Judge Glenn to slam down on objections and push this through. Shocking nobody who actually follows me, my concerns for @IonicDigital have landed basically spot on. Don't even get me started on these revenue estimates, which mind you didn't include selling out the only major asset one just spent $100 million building, only for it to be gutted, shredded, and converted into a new facility. But they won't even hit the FY24 best case based on pure revenue play. I've helped out hundreds, and potentially thousands understand the process. As is always the case, a few loudmouths come out, claim I am negative, and tell me to fuck off. But here is the rub. I've listened to victims losing their homes, losing loved ones, losing retirements, and been a shoulder to lean on. Yes, I don't mince my words, and yes I can be brash and blunt. However; I have not, and will never blow smoke up your ass. The victims of @CelsiusNetwork have already suffered because of unsupported puffery causing their losses, they've suffered from the UCC providing unrealistic, and absurdly inaccurate estimates about what @IonicDigital would be in FY24, FY25, etc, and ya'll still can't trade a single share. So yea, I am going to stay around. Cause there are very few people involved who will fight for your voices to be heard, to share your concerns, and to continue to fight for transparency, accountability, and your rights. To the recent person who told me to fuck off and leave. Maybe, you should have used your platform of 23 thousand followers to fight for your rights. Imagine having just 17 posts over 3 years discussing Celsius, and 2 since 2025 discussing Ionic (One telling me to fuck off). And yet telling me who's put substantially more effort into advocating for victims rights, that I should leave. If one does not actually care enough to fight for themselves, why should they feel entitled to tell someone who is to leave?

Earlier this month @IonicDigital released their monthly report. As I covered below they grossly under-reported their sales based on evidence directly from the blockchain. An under report of 42.38 BTC. Why do I bring this up again? Last month they had a substantial shortfall between BTC Rewards & BTC sales (99.23 received VS 110 sold). This month as I estimated they are still on track to receive between 103 and 106 BTC; however, as I also reported on the 19th and followed up on the 26th once the trace was complete @IonicDigital has sold at-least a further 115.2 BTC. This will result in likely a equal short fall. Ionic has had a consistent and trackable issue with accurate reporting when directly compared to the blockchain data. While some sale periods are better than others, they've been getting progressively worse over the prior two months, which also directly aligns with their weaking performance and ability to mine at breakeven when using rewards vs sales data. I raise this concern again, as next month reporting will either be the 3rd month in a row of substantial mis-reporting or them shifting to proper reporting. I have real concerns about their ethics and financial accuracy.

And so far, have nothing to show for it outside of completing cedarvale which was already 60% built by core. No Audit No Nasdaq Listing No investors/outside investments No plans provided to shareholders No Ability to sell / trade shares All they've done is release monthly updates which don't match the blockchain data and consistently provide puffery statements about how they care about providing shareholder value.

Today marks the 600th day since @IonicDigital emerged from the Celsius bankruptcy. The bankruptcy itself lasted “only” 567 days.

This is rich coming from the @IonicDigital board member who refuses to take equity compensation and only accepts "cash" payments & bonuses. All while shareholders are approaching 2 years without the ability to sell their shares.

Something’s seriously off at @IonicDigital — the audit delay screams major drama with BDO over just how badly torched the goodwill impairment really is #CelsiusIonic

Not to be that guy. But "actually" they invested $711. 4 Million on petition date, Plus a further net loss of -$457.2 million over the course of chapter 11. So a total cost to creditors was well inexcess of $1.398 billion /- a few million. Last month financial from Ch.11 Dec 2023.

Dividends were never part of "the plan". The plan was to list within 6 months and y'all would have access to liquidity. Now 20 months later they are so far off their audit to timeline they won't even mention it.

If you want actual block chain results for @IonicDigital see my tweet below vs their "internal metrics" unaudited trust me bro bullocks. My data is sourced directly from @Dune @arkham and their own wallet movements. Using monthly direct block chain source data to get true numbers vs their obviously puffer up and conflated feel good stuff.

⚠️ Some substantial changes to @IonicDigital for July & early August that shareholders should be made aware of. Before we get to some alarming early August numbers let's quickly recap July 2025. Mined increased by 1.74% primarily driven by a 31 day month vs a June 30 day month. Revenue did see a 14.26% increase, driven primarily by a 8.69% increase in BTC over the course of July rally. Effective EH/S saw a substantial decrease of -15.73% dropping from 6.32 in June to 5.32 in July. ⚠️Onto the August concern. August 1st saw @IonicDigital drop to 2.085 BTC for the day, using @Dune data in July we saw a revenue per Th/S of $2.40 an increase 35% over prior months. Taking into account the slippage of BTC over the past few days, I adjusted the Revenue per TH/S down 8% which is still 1.14% better than the price per BTC reduction Ionic has received. Long story short, Ionic for August 1st & August 2nd has seen their effective estimated EH/S drop by -95.11%. From 5.32 EH/s to just 0.26 EH/S. This is alarming, as Ionic has not seen numbers this low in a long long time which raises alarms on what just happened? They did see a mild uptick for August 2nd, so I'll continue to monitor. But losing greater than 95% of effective estimated hashrate is substantial.