Strategy’s Bitcoin Bonanza: $963M to Make Satoshi Cry & Other Tales

This isn’t just a small snack; oh no, it’s a banquet! As of December 7, 2025, Strategy, the digital conquistador, boasts a staggering hoard of 660,624 BTC, amassed for a total tidy sum of approximately $49.35 billion – yes, billion with a B – at an average venture cost of $74,696 a coin. It’s basically the Monopoly board come to life, with Strategy owning Mayfair and Park Lane at the same time. 🏦😏

The Fall of KRG: A Market Exodus and the Struggle for Dignity

In the third quarter, HGI sold every last share of KRG, a gesture as final as a closing door. The sum-$3.4 million, measured by quarterly averages-was not a whisper but a shout. This departure arrives as the fund shrinks its herds of U.S. equities, retreating to safer pastures. The market, that great and indifferent force, watches with its thousand eyes.

The Twilight of Confidence: A Corporate Elegy on Vornado’s Decline

The margins of high finance, like the margins of a fading painting, are filled with quiet disintegration. HGI’s retreat from Vornado-once a titan clasping the skyline-was nothing less than a symbolic shedding of old skin. With a quarter revealing a halving of their assets, one cannot help but consider whether the firm finally perceives the ghost of a rapidly diminishing landscape. A landscape where the familiar, stubborn edifices of Manhattan are bathed in a wan light of waning vitality, where even the most robust structures seem poised for quiet surrender.

A Quiet Exit from the Empire’s Shadows

In the manner of a painter retreating from a half-finished canvas, HGI Capital Management divested its entire position in Empire State Realty Trust. The sum of $4 million, extracted from a portfolio of $36.4 million, marked the end of a chapter in which the fund had once held 5.4% of its assets in this venerable REIT. The SEC, ever the patient scribe, bore witness to this departure on November 14.

BTC’s Tantalizing Tango: A Cryptic Waltz of Whales & Witches 🕵️‍♂️💸

Our hero, BTC, rebounds from the abyss of $83,000 with the grace of a ballerina in a dumpster fire-bruised but unbowed. The $92,000 mark looms, a siren song for bulls and a tripwire for bears. Momentum indicators hum a tentative lullaby, while volatility, that fickle muse, curls up for a nap. Will this be a phoenix’s rebirth or a pratfall into the arms of Mr. Market’s tender embrace? 🤷‍♂️