Riders of Rohan

$SOL gapping higher = more good news for $DEFT AUM higher ⬆️ Earnings revisions ⬆️

$BTQQF 7 months later, haven’t sold a single share Just getting started @ericjackson - appreciate you helping raise awareness Setting up for a banner 2H and 2026 as institutions finally realize the importance of BTQ’s tech stack

$DEFT if I’m not mistaken, one (or more) of the $SOL ETFs in the queue may also be buyers of $DEFT post-launch as DeFi Technologies provides exposure to Solana (the reference asset). Worth keeping an eye on (believe $SSK would qualify as a buyer of $DEFT given its mandate)

$DEFT should be rapidly approaching ~$1.0B in AUM by my math (assumes no net inflows/outflows since management's monthly corporate update for 6/30/25) Quick and dirty below (would note the BTC and SUI figures in the bottom table correspond to the latest updates for each ETP):

$DEFT while much more than a treasury co, think it's important to look at the company's treasury holdings and work through a SOTP analysis on what you're getting the remainder of the business for (more on this to follow) For now, here's a quick look at some sensitivities:

$DEFT ~7M shares have traded in the first 45 minutes of the session today 3.5x average volume real fast 👀 Tutes waking up

Since its 6/30 update, the underlying assets tied to $DEFT top 8 ETPs by AUM are up: 1) BTC: +10% 2) SOL: +10% 3) ETH: +22% 4) XRP: +21% 5) SUI: +28% 6) ADA: +30% 7) AVAX: +18% 8) DOT: +17% Top 2 accounted for ~$494M in AUM 3-8 accounted for ~$206M in AUM Earnings higher ⬆️

Now that the US markets are closed, I can turn my attention back to $BTQQF which is still trading in Canada as $BTQ.NE It still is dirt cheap as a quantum name. Its announcement today of the hiring of Dr. Sean Kwak to speed up commercialization efforts, their Radical acquisition…

$DEFT crossing average volume in the first 45 minutes of a shortened session… Hope you all loaded lower while you had the chance Let the re-rate begin ⏳

Adding more $BABA and $JD here

$DEFT food for thought: Longer it stays this far removed from fair value, higher the likelihood it starts garnering takeover interest Several names could benefit from acquiring the growth/profitability/market access and rolling it into their businesses at much higher multiples

$SOL starting to break out a bit here - would expect $DEFT to follow in short order Continuing to add to $DEFT