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Power Is the New Bottleneck. AI’s 945 TWh Problem Reprices Energy, Compute and Capital (2026–2030)

The base case, from the IEA. Global data centres consumed about 415 TWh in 2024, 1.5% of world electricity, roughly…

3 weeks ago

The $16 Trillion Question: Who Measures Tokenization?

The numbers, first. Tokenized real-world assets crossed $30 billion in early 2026, a 300% year-on-year increase : US Treasury debt…

3 weeks ago

Gold as an Implicit Call Option on Fiat Collapse: A Model-Driven Analysis

According to the methodology of Dixit and Pindyck (1994), gold contains an implicit call option on the collapse of the…

3 weeks ago

RWA Treasuries: The High-Stability, High-Yield Foundation for Modern Crypto Strategies

RWA Treasuries (Sharpe 1.0-1.3 | Volatility 2-3%). Asset representing the tokenization of U.S. Treasury bills (e.g., BUIDL, OUSG). The high…

3 weeks ago

Profitability and margin structure. Quantified comparison of SpaceX (Q2 2026) vs hyperscaler models (AWS, Azure/Microsoft Cloud, Google Cloud, Meta AI infrastructure).

https://www.steelldy-indices.com SpaceX has a gross margin of 55.3%, but negative operating and net margins (-1.8% and -6.9%). Only Starlink connectivity…

1 month ago

Structured Quantitative Financial Analysis of SpaceX. Consolidated Accounts for Q2 2026 (period ended June 30, 2026)

Revenue decomposition and growth dynamics for Q2 FY26 Consolidated revenue reached 7,814, representing a 91.94% year-over-year increase from 4,071. The…

1 month ago

Dr. Copper & Global Recession Risk

Executive Summary Copper ("Dr. Copper") remains a useful leading indicator of global industrial activity due to its ubiquitous use (power…

1 month ago

The ETH/BTC ratio currently stands at approximately 0.0292–0.0293

The ETH/BTC ratio currently stands at approximately 0.0292–0.0293 (early August 2026), meaning one Ethereum is worth about 2.92–2.93% of one…

1 month ago

The correlation between Bitcoin and physical gold (XAU/USD)

The correlation between Bitcoin and physical gold (XAU/USD) remains weak and unstable over the long term, making them an excellent…

1 month ago

BTC, Liquidity Pools, Institutional Flows, and Sharpe Ratios

1. Liquidity Pools include: Binance spot ($5-10B daily), Coinbase spot ($1-3B), perpetuals from Binance, Bybit, OKX ($20-40B), CME Futures ($2-5B),…

1 month ago