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đŸ’„Persistence (XPRT) Wallet Setup GuideđŸ’„
January 01, 2023
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Welcome to the Persistence Wallet Guide!

It can be confusing switching from one blockchain to another and understanding all the functionality of an unfamiliar wallet. Whether you’re new to the Cosmos ecosystem or have been using some of the other Tendermint-based chains, this guide should help you understand all of the important functions of the Persistence wallet.

This guide covers:

1. What is a Persistence Wallet

2. How to Create a Persistence Wallet

3. Importing an Existing Wallet (Using Mnemonics or Keplr)

4. How to Sign into the Wallet Dashboard

5. Wallet Dashboard Functions

6. Sending XPRT, Receiving XPRT and ‘Transactions’ Tab

7. Generating KeyStore File

8. Persistence Explorer

9. Help

Note: If you have already set up your wallet and are looking for the XPRT staking guide, read here.

1. What is a Persistence Wallet?

Persistence is an interoperable protocol built to facilitate the creation of next-gen financial products. XPRT is Persistence’s native token, which is used to secure the Persistence network. You need to have a Persistence wallet to store or transact using your XPRT tokens.

The Persistence wallet also allows you to stake your XPRT tokens to accrue staking rewards. Visit Explorer to check the latest APY.

2. How to Create a Persistence Wallet

Create a wallet or import one from an existing seed phrase.

To create a new wallet follow these steps:

Step 1: Create a Wallet

Navigate to https://wallet.persistence.one/ and click the ‘Create Wallet’ button.

Step 2: Read Notes

Please take a moment to carefully read notes about Persistence wallet. Once you have read through, proceed by clicking “Next”.

Step 3: Store Mnemonics

Write down and make sure you store your wallet Mnemonic (seed phrase) somewhere safe. Alternatively, you can click the Copy icon and paste it in a file location of your choice. Do not share your seed phrase with anyone, and remember, if someone has access to your Mnemonic, they have access to your wallet. Think of it as a master password that you wouldn’t want to be leaked.

You will need the seed phrase now in the next step of the setup phase and in future too.

Proceed by making sure each letter and each word is correctly stored. Once done, click the “Next” button.

(DO NOT USE THE MNEMONIC SHOWN ABOVE TO IMPORT THIS EXAMPLE WALLET AS ANYONE WILL BE ABLE TO ACCESS THIS GUIDE. THIS IS FOR EDUCATIONAL PURPOSES ONLY. THE MNEMONIC BELOW SHOULD NEVER BE UTILIZED.)

Step 4: Verifying Mnemonics

On the next screen you will see your Mnemonic but with some of the words missing. This is to ensure that you have safely recorded all the words in order.

Confirm that you have by filling in the missing terms of your mnemonic (seed phrase) in the correct order. Once you’re sure you have them correct, click “Submit”.

Step 5: Generating KeyStore File

If you’ve entered your mnemonic correctly, you will be greeted with a “Create Wallet” screen. Here, you can download and generate the KeyStore file.

The KeyStore file is an added layer of security, basically it’s an encrypted copy of your Mnemonic seed phrase with a password to enter the file. Once you generate the KeyStore file, secure the keystore.json file in a safe location.

You will need your KeyStore file and password to conduct transactions.

Step 5.1 (Optional): Create the HD Wallet Path

Optionally, click Advanced to create the HD (Hierarchical Deterministic) Wallet path and enter the Account, Account Index, and bip39Passphrase. Once complete, click “Next”.

Step 6: Create a Password to Encrypt Mnemonic

You will then enter a password to encrypt your mnemonic (seed phrase).

Note: This password does not help you generate your mnemonic (seed phrase). It is for use with your KeyStore file. After entering a password, your KeyStore file will download for you to save on your device. Once you are done, click “Submit”.

Step 7: Wallet Path & Address

You will then be shown your wallet path and wallet address. Ensure that you note the wallet path and address for future use. Once you have done so, Click ‘Done’.

You’re all set! You have now successfully created a Persistence wallet.

Now let’s learn how you can import an existing wallet.

3. Importing an Existing Wallet

If you already have a Persistence wallet, you can import it using the Import an existing wallet button. You will need to use your mnemonic and password. So keep it handy when you import a wallet.

Importing Your Wallet Using Mnemonics/Seed Phrase

Alternatively you can use Keplr. Keplr is a simple, open-source browser extension wallet for our ecosystem. You can add Keplr extension to your browser and sign into your wallet. It helps you sign into your wallet and transactions with ease.

 Add Kepler to Chrome.

Importing Your Wallet Using Keplr

4. How to Sign into the Wallet Dashboard

Step 1: Sign In

Head over to https://wallet.persistence.one/ and click on the “Sign In” button on the top right.

Step 2: Continue with Address

Click on the “Continue with Address” button.

Step 3: Submitting Address

Enter in your wallet address and click “Submit”.

That’s it, you’re now in the dashboard!

5. Wallet Dashboard Functions

The Wallet page tracks the following details of your wallet in the Wallet Balances region of the app for quick reference. This region is available in the Staking page as well. The wallet attributes in this region include:

  • Total Balance: Sum of the balance available to delegate, delegated amount, and XPRT token in unbonding state
  • Delegatable Balance: Indicates the number of XPRT token you can delegate
  • Delegated Amount: Indicates the number of XPRT token you have already delegated
  • Vesting Balance: Indicates the number of XPRT token in vesting (locked) state
  • Transferable Amount: Indicates the number of XPRT token that you can transfer
  • Current Price of each token in USDT
  • Current Value of XPRT in USDT
  • Rewards: Indicates the staking rewards
  • ‘Claim’ Button: Option to claim staking rewards
  • Unbonding Token: Indicates the number of XPRT tokens that are in unbonding state. Click the ‘View’ link to view the unbonding XPRT schedule details. If you have no unbonding tokens, then the View link does not appear.

The Wallet page has 3 tabs:

  • Send: Send your XPRT tokens to another person with a Persistent wallet.
  • Receive: Find your wallet ID. Copy and share it with others who want to send you XPRT tokens. Scan the QR code for your address to share or reveal it.
  • Transactions: All your transactions are tracked in this tab in a table with these attributes: Transaction Hash, Transaction Type, Transaction Result, Transaction Amount, Transaction Fee, Block Height, and Transaction Time. You can filter the sent and received transactions using the ‘Sent’ and ‘Received’ buttons in the Transactions tab.

*Use the Refresh icon to view the latest details after transacting in the app.

6. Sending XPRT, Receiving XPRT and ‘Transactions’ Tab

Sending XPRT Tokens

Sending XPRT Tokens Using Mnemonics/Seed Phrase
Sending XPRT Tokens Using Keplr

You may want to send some XPRT to someone who has a Persistence wallet.

  1. From the Wallet page, Send tab, copy and paste Recipient Address. You obtain their wallet address from the application.
  2. Enter the Send Amount.
  3. Optionally, click Advanced and enter your comments or remarks in Memo. Don’t provide any sensitive information such as password or mnemonic in this Memo field. Centralized exchanges use this info to identify a transaction when crediting to an account.

The application calculates the transaction fee in XPRT token and is deducted from your wallet.

4. Click Send.

5. Sending will require that you enter your KeyStore file and wallet password. Upload your KeyStore file, and then enter your password.

A confirmation message appears after you have successfully sent the XPRT tokens. Click the transaction hash link and view the details or you can review the details under the Transactions tab.

6. Click Done to return to the Wallet page.

Receive XPRT Tokens

Within the “Receive” tab, you are able to view your wallet address to send to users who would want to send you XPRT.

Copy the Wallet Address and share it with others to receive your XPRT tokens.

You can also find your wallet address in the user profile menu in the top right of the app.

Transactions Tab

Within the “Transactions” tab, users are able to view their recent transactions and monitor their wallet activity.

7. Generating KeyStore File

If you lose your KeyStore file or need to download another, you can do so using your Mnemonics/seed phrase.

  1. Click the user profile icon at the top right and click the Generate KeyStore button.
  2. Copy or enter your mnemonics/seed phrase and click Next.
  3. Enter Password. Your password encrypts your seed phrase. Note that this password does not help you generate your seed phrase, it is for use with your KeyStore file.
  4. Click Submit. Note that the KeyStore file is generated and saved to your local Downloads folder. Rename the file if you want to and move it to a location of your choice. Keep it handy so that you can use it when required.

8. Persistence Explorer

When you click the Explorer in the global region, it takes you to the Persistence Explorer app. Information is segregated and placed in various cards in the your dashboard:

  • Latest Block: Indicates the block height, who proposed it, its time stamp in UTC, and average block time (100000 blocks)
  • Tokens: Includes the inflation, bonded tokens, bonded amount, total supply, and the community pool.
  • Voting Powers: The voting power is calculated based on the number of tokens staked with the validator. Graphically represents the active validators and their voting power percentage.
  • Recent Activity: Indicates the important blockchain notifications related to validators such as validator missing blocks or getting jailed and changing commission rate.

The others pages in the Persistence Explorer app include:

  • Blocks page: The latest block and other blocks information appears here.
  • Transactions page: You can find your transactions by transaction type, status and time.
  • Validators page: View the active and inactive validators, their voting power, commission rate, and delegated amount. You can order the table and quickly search for a validator too. Use the validator link and view the specific details of the validator.
  • Proposals page: View suggestions for the better functioning of the blockchain. These proposals aid in voting.

9. Help

Go to the app help for all Wallet and Staking related FAQs

Here, you will find sections for frequently asked questions of all kinds, and a link to our Telegram group.

Hopefully, you are now fully equipped with the knowledge you need to be able to set up and use the Persistence wallet and be able to send & receive transactions. In case you have any questions, we remain at your disposal as always. Don’t hesitate to reach out to us!

About Persistence

Persistence is a Tendermint-based, specialised Layer-1 network powering an ecosystem of DeFi applications focused on unlocking the liquidity of staked assets.

Persistence facilitates the issuance and deployment of liquid-staked stkASSETs, allowing users to earn staking rewards while participating in DeFi primitives, such as lending/borrowing and liquidity provisioning on DEXs.

Persistence aims to offer a seamless staking and DeFi experience for PoS (Proof-of-Stake) users and enable developers to build innovative applications around stkASSETs.

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The CEO of BlackRock just revealed what’s actually about to rewrite the global economy


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Let that sink in.

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We are edging dangerously close to the Earth's critical tipping points!

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Did someone tell him about the Solovki geomagnetic excursion, the desertification of the Sahara, or the Y-chromosome bottleneck when 19 out of 20 male lineages went extinct 6000 years ago?

Did someone tell him about the tipping points during the 8.2 kiloyear event or the Younger Dryas?

👉They are just brainwashing you and blaming you for the upcoming collapse and the geophysical event while they build doomsday bunkers with your money! They are evil and act like cornered rats—if they could, they would take everything from you just to save their bloodlines.

👉I’m disgusted by hearing them talk and act concerned while they profit from oil money.

OP: @OMApproach

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Get This Out There.. Its Time. 🕐

Send this to the people you know that still have their heads in the sand. Time to wake up the world 🌎 We have been lied to, for far too long.

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Dozens of U.S. Government officials reveal their concerns about UAP activity & what's at stake for humanity. Watch The Age of Disclosure WORLDWIDE on @primevideo & in select theaters in NYC/LA/DC.

Check out this sneak peek:

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Custom AI assistants that print money in your sleep? 🔜

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💠 'Based Agent' enables creation of custom AI agents
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👉 What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
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3I/ATLAS — Secret Laws Of Gravity
Unlocking the future of space travel through the precise calculation of time and orbital trajectories.

"My preliminary analysis suggests two principal hypotheses regarding the reported phenomenon known as '3I/Atlas':

  1. A Coordinated Psychological Operation (PsyOp): The phenomenon may constitute a calculated effort to manipulate public sentiment or induce fear, potentially preceding a planned, large-scale deception (referred to informally as 'Project Bluebeam').

  2. A Highly Anomalous Object: Alternatively, the phenomenon represents an authentic, significant anomaly warranting serious scientific or intelligence scrutiny.

Regardless of its origin, '3I/Atlas' represents an historically noteworthy development that necessitates close, informed observation."

 

~Crypto Michael | The Dinarian 🙏

Abstract Introduction:

New data is now showing something that arrived early and its changing colors as we previously predicted.

In orbital mechanics where trajectories are calculated centuries in advance with accurate precision measured in seconds.

A 11-minute deviation is not a rounding error.

It’s not a typo in the database.

It’s not close enough.

"It’s Physically impossible.”

Now The longest government shutdown in U.S. history still blocking NASA releases while the object executed its closest Fly-by approaches to Mars, The Sun and Venus at the moment of maximum observational blackout.

But orbital mechanics don’t care about “government shutdowns.”

Our observations Don’t Stop.

And the math doesn’t wait for “Press releases.”

The math says this:

“If 3I/ATLAS is natural, it should have lost about 5.5 billion tons of mass.”

It didn't.

1. The 5.5 Billion Ton Problem:

Let’s start with what everyone agrees on: 3I/ATLAS “now” arrived earlier than pure gravitational predictions would allow. Even though we have been mentioning this trajectory change over 2 Weeks ago (October 21st Article HERE) TRACKING 3I/ATLAS .

The scientific consensus explanation? “Natural outgassing” the "rocket effect." As water ice sublimates near the Sun, it creates thrust, like a slow-motion rocket engine powered by evaporating ice. Comets do this all the time. It’s normal. It’s natural. It’s explainable.

Except for ONE problem.

“The Physics Don’t Add Up!”

To generate enough thrust to arrive approximately “11 minutes early” would require shedding a staggering amount of mass.

Our calculations show “over 5.5 billion tons” of gas ejected over the perihelion passage.

Think about that for a moment.

That’s not a little puff of vapor.

That’s not some gas leaking from surface cracks.

That’s 15% of the object’s total estimated mass.

If 3I/ATLAS lost that much material naturally, it would create a debris cloud larger than Jupiter’s magnetosphere—visible to amateur telescopes from Earth. Absolutely impossible to miss in professional observations, and bright enough to be catalogued by every sky survey on the planet.

1.1 ~ The Plume Paradox:

Here’s where it gets interesting:

No such cloud has yet to be observed.

Not by Hubble. Not by JWST. Not by ground-based observatories. Not by the Mars orbiters that watched it pass at 30 million kilometers.

The brightness remained within “expected limits.” The coma showed stable & geometric shifting features. The tail structure now disappeared (but that’s another story). The main one is that: “The debris cloud that should exist — simply doesn’t.”

This isn't a minor discrepancy.

This is complete, mathematical failure of the natural comet hypothesis.

Part 2: The Industrial Signature:

So if natural sublimation didn't create the thrust, what did?

The answer is hidden in the chemistry—specifically, in what shouldn’t be there. “The Nickel Anomaly.” When multiple astronomers analyzed 3I/ATLAS’s spectral signature, they found something extraordinary: “nickel vapor” (Ni) at extreme distances from the Sun, where temperatures should be far too cold for metals to vaporize naturally.

Nickel doesn't just evaporate on its own at those temperatures.

It needs HELP.

And there’s only one known process—natural or industrial—that produces a volatile nickel-carbon compound at cold temperatures which we have said several times previously;

Nickel Tetracarbonyl: Ni(CO)₄

This is not a natural cosmic process.

This is an “industrial chemical pathway” used on EARTH for metal refinement!!!

It forms at 120°C and decomposes at 180°C allowing nickel to vaporize at temperatures where water ice would remain frozen solid.

It is LITERALLY, an industrial refrigerant for metal processing.

The presence of Ni(CO)₄ in the plume tells us two things:

  • The core is not ice — It’s a nickel-rich, engineered structure.
  • The process is not passive sublimation — it’s an active, controlled system.

The nickel vapor isn’t contamination.

It’s not a coincidence.

It’s Exhaust.

3. Secret Gravity (SOEG) Model:

This is where our research team proposes something NEW.

We call it The “Self-Optimizing Ejection Guidance (SOEG) Model”

A Brand New Scientifically defensible framework that explains the acceleration not as chaotic outgassing, but as “controlled propulsion.”

The SOEG Model (Project EE / 3IE)

The System:
‱ Volatile Reservoir — CO₂ ice + Nickel-rich metallic core.
‱ Solar Heating — Perihelion triggers sublimation at optimal moment.
‱ Magnetic Ionization — Internal magnetic field ionizes nickel vapor into plasma.
‱ Anisotropic Jets — Plasma channeled through focused nozzles. (not random cracks)
‱ Thrust Optimization — Maximum momentum transfer with minimal mass loss.

Unlike natural cometary outgassing—which is chaotic, omnidirectional, and wildly inefficient. The SOEG Model Fully Represents: (CONTROLLED, DIRECTIONAL, OPTIMIZED PROPULSION.)

It’s the engineering solution to interstellar navigation: Using a “magnetofluidic drive” that uses the Sun’s + Nearby Planets & Star energy to activate a propulsion system that was BUILT.

The secret is in the magnetic field. By ionizing the nickel-carbon vapor into a high-velocity plasma jet, the system achieves thrust efficiencies that natural sublimation could never match.

This isn’t science fiction. This is “magnetohydrodynamics” the same physics that powers experimental plasma thrusters being developed by NASA and ESA for deep-space missions.

The difference?

We’re building prototypes


Someone else already perfected it.

4. The Scientific Statistical Test:

Here’s what makes it undeniable.

Natural comets exhibit HIGH temporal variance in their acceleration parameters.

Technical terms like (A₁) and (A₂) that describe how thrust changes over time. Natural outgassing is messy, chaotic & unpredictable.

Our Prediction:

We formally predict that when sufficient post-perihelion data is published — expected from JUICE observations (data release February 2026) and ground-based telescopes through December 2025— 3I/ATLAS WILL show:

  • (A₂ parameter near zero) — phase-locked rotational coherence.
  • Temporal drift < 0.5σ — stability far beyond natural variance.
  • “Thrust vector alignment” with rotational axis — body-fixed engine signature.

If ALL 3 conditions are met.

The probability that 3I/ATLAS is a natural comet drops below 0.01% (a >4σ statistical rejection).

This is not speculation. This is a time-stamped, falsifiable prediction.

By February — March 2026, we will either be proven right or wrong.

The data doesn’t care about our theories. It only cares about what actually happens.

5. The Blue Hue đŸ””:

Now there’s one more piece of evidence—and it’s visible to the naked eye (well, through a telescope). “The Color Anomaly.”

Natural comets scatter sunlight off dust particles, producing a yellowish-red glow. At 1.36 AU from the Sun, 3I/ATLAS should have appeared reddish-orange from thermal emission.

Instead, observers noted something strange: “A distinct blue fluorescence” in the coma.

What Blue Light Means?

Blue emission in a comet’s coma comes from highly ionized species—primarily “CO” (carbon monoxide ions) and certain excited metallic vapors. This requires enormous, “FOCUSED” energy to achieve.

You don’t get this level of ionization from passive solar heating. You get it from ~ Active Plasma Generation. The blue hue is the visible proof of the SOEG engine operating at perihelion. It’s the "engine glow" of a magnetofluidic drive generating high-energy plasma to achieve maximum thrust efficiency.

Compare:
- Natural comets (Hale-Bopp, NEOWISE, 67P, Etc.): Usual Yellowish-red dust scattering.
- Expected for 3I/ATLAS at 1.36 AU: Reddish-orange thermal glow.
- Observed in 3I/ATLAS: Distinct “Blue” plasma fluorescence.

This isn't subtle.

This is the difference between reflected sunlight and an active thruster firing.

5.5 ~ Convergence of Evidence:

Let's put it all together.

The Self-Optimizing Ejection Guidance (SOEG) Model is not speculation. It’s not wild theorizing. It’s one of the only frameworks that coherently explains:

✅ The early arrival— non-gravitational acceleration without natural explanation.

✅ The missing 5.5-billion-ton debris cloud — controlled thrust with minimal mass loss.

✅ The Ni(CO)₄ industrial signature — engineered propulsion chemistry.

✅ The blue plasma glow — active ionization system visible during perihelion.

✅ The statistical impossibility — phase-locked stability beyond natural variance. (pending verification)

However each piece of evidence, standing alone, is anomalous but potentially explainable.

Together, they form an interlocking pattern that demands a technological origin.

But then there’s the Silence.

Venus conjunction: Still offline.

This is not incompetence.

This is recognition.

THEY know something we’re still calculating.

December 19, 2025: 3I/ATLAS reaches closest approach to Earth at 167 million miles.

“If the calculations are correct, the 5.5-billion-ton debris cloud should be impossible to miss. Every telescope on the planet will be watching.”

All of this new information scheduled to be released should definitely include the following: High-resolution spectroscopy, morphological analysis, particle environment data and MOST CRITICALLY the astrometric parameters that will confirm or refute our SOEG model’s predictions.

“If the A₂ parameter shows phase-locked stability, the SOEG model is confirmed.”

Conclusion:

The Numbers Don’t Lie. The orbital path was not set by gravity alone. The acceleration was not powered by ice. The chemistry was not natural. And the timing is not “coincidental.”

3I/ATLAS is a message written in orbital mechanics, plasma physics, and industrial chemistry—a message we have “74 days” left to fully decode.

The mathematics are clear.

The predictions are calculated.

We don't have to speculate about what it is.

“We just have to (wait) for the complete data packet to arrive.”

And when it does, one of two things will happen:

Either the natural hypothesis survives (unlikely, given the evidence). Or we confirm what the numbers have been screaming to us since October are TRUE.

“Something pushed it. Something controlled it. Something arrived exactly when it needed to.”

Or The A-parameters will lock.

The plasma signature will confirm.

The debris cloud will be absent.

And the institutional silence will make perfect sense.

Because you don’t announce a discovery like this through a press release.

You announce it through a “Calculated Strategy.”

Analogy Conclusion:

The orbital path was set by laws that were not known,
For where the starlight failed, a force was subtly sown.

No dust and ice, but Nickel in the plume’s blue gleam,
A pulse of hidden power, of controlled, forgotten dreams.

The A-Parameter locks, The true secret of the sphere,
The Simultaneous Truth arrives, When all the numbers are near.

— Earth Exists

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EARTH EXISTS Documentation:
- [Previous article. 35 Days of Silence — 3I/ATLAS]

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BlackRock Is Manipulating The Price Of Bitcoin👀

Blackrock possess a strategic depth that goes far beyond initial appearances. When the general market perceives selling and traders respond with emotion, these major players are often operating on a much more profound level. They adeptly identify and leverage every available mechanism to influence market dynamics. Their power isn't in direct control of the asset, but in understanding how to move the market without ever taking direct ownership.

What entity has become the most prominent corporate champion of Bitcoin ($BTC)?

It's the one with the massive treasury holdings, known as Microstrategy.

 

However, the major strategic challenge lies here: the size of their Bitcoin position is fundamentally linked to their external financing, typically in the form of debt.

This reliance on significant debt creates an inherent vulnerability—a dependence on creditors and shareholders. When an entity's position is highly leveraged, that dependence makes them susceptible to market manipulation or strategic pressure from external financial forces.

When a highly leveraged corporate holder of a significant asset (like $BTC) faces external financial stress, that pressure inevitably transfers to the asset itself.

Blackrock's goal isn't to induce a market crash, but rather to establish a dominant position and control.

Any substantial sale of major cryptocurrencies like $BTC or $ETH initiated by Blackrock, can be interpreted not as routine trading, but as a deliberate effort to manipulate market sentiment and pricing.

Blackrock is deploying a sophisticated combination of tactics: they simultaneously generate market volatility through strategic sales of the asset ($BTC) while accumulating shares in key corporate holders (the stock symbolized by $MSTR).

The deeper intent is to leverage this equity stake to direct the corporate strategy of the highly leveraged Bitcoin champion.

With a sufficiently large ownership percentage, this influence becomes highly effective. The resulting market power is therefore a function of both manipulating price movement and controlling corporate policy.

Is Microstrategy (the company represented by the $MSTR stock) vulnerable to this kind of pressure? The evidence suggests yes.

A substantial stake held by Blackrock grants them effective leverage to influence and manipulate the company itself.

When the company's shares experience a significant decline, the leadership is often compelled to take action, potentially buying back their own stock. This action is driven by the fact that falling share prices directly intensify financial and market pressure on the entire organization.

If the stock of Microstrategy continues a sustained decline, lenders will inevitably begin to re-evaluate and revise the terms of existing loans. This is a critical point of failure for the entire strategy.

The fundamental operational model of this corporate champion works like a closed loop:

  • It secures debt financing (taking loans) to acquire $BTC.

  • Alternatively, it issues new equity (selling shares) to acquire $BTC.

Crucially, the ongoing interest payments on this substantial debt are often managed by the mechanism of issuing even more shares, creating a continuous cycle of dilution and reliance on a high stock price.

A major consequence of rising leverage is the escalating cost of borrowing, requiring Microstrategy to source even larger amounts of capital.

The most straightforward solution—to issue and sell more stock—proved to be insufficient.

In fact, the situation worsened: the company’s recent attempt to raise funds through a stock offering did not fully sell out. This failure directly resulted in a significant liquidity shortfall, hamstringing Microstrategy’s ability to meet its financial obligations and continue its asset acquisition strategy.

And the ultimate shock came when Microstrategy—the very entity that vowed it would never liquidate its holdings—began to sell.

These weren't insignificant trades; the sales were valued at billions of dollars.

The key question now becomes: Does this sudden, massive reversal signal the imminent collapse of Microstrategy, or is it simply a necessary, albeit drastic, maneuver of 'business as usual' under extreme duress?

There appear to be two primary strategic objectives behind Blackrock's calculated moves:

  • Scenario A (Direct Dominance): Blackrock aims to neutralize its most prominent competitor (the corporate Bitcoin accumulator) in order to seize the title as the largest holder of $BTC.

  • Scenario B (Indirect Control): The institution’s goal is to establish absolute market control and influence, preferring to leverage Microstrategy to execute the most aggressive or politically difficult actions.

The outright financial destruction of Microstrategy is highly improbable. Such an action would trigger a severe market crash that could take years to fully repair.

The far more intelligent strategy is integration and control.

Under this model, Microstrategy remains operational, while Blackrock secretly dictates strategy. This allows Microstrategy to absorb the market blame for any necessary but controversial manipulation, a classic and often dirty tactic used by high-powered financial entities.

In the immediate future, the market will continue to exhibit strong reactions to the strategic maneuvers of Blackrock.

When they execute sales, it instantly captures headlines, is aggressively amplified by the media, and causes fearful retail traders ('weak hands') to panic and exit their positions.

Every decrease in price that results from this panic directly translates into a superior entry point for Blackrock. This clearly illustrates that the current market environment is driven purely by emotion, making it a survival game reserved only for those with the strongest resolve.

In the long run, the nature of $BTC will likely shift, moving away from its original ideals of being completely free and decentralized.

The vast majority of the available supply is projected to become highly concentrated within a small number of major corporations and investment funds.

Consequently, the price cycles will no longer be reliably tied to events like halvings or popular narratives. Instead, they will be driven primarily by government and central bank policy decisions, overarching macroeconomic conditions, and the internal political maneuverings of the world's most dominant funds and corporations.

Blackrock's goal is not to eliminate $BTC; instead, they are focused on constructing an elaborate system of control around the asset.

Microstrategy (the stock symbolized by $MSTR) remains a powerful tool, but it now operates under terms and directives that the company's leadership no longer fully dictates.

Since direct command over the decentralized asset is impossible, control is established through strategic influence over the largest corporate and fund custodians. Moving forward, Blackrock will be the primary entity determining the market's trajectory.

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A Request for NASA to Release Scientific Data on 3I/ATLAS

During my recent podcast interview with Joe Rogan (accessible here), I had mentioned the unfortunate circumstances, under which NASA had not released for four weeks the images collected by the HiRISE camera onboard the Mars Reconnaissance Orbiter. These images were taken on October 2–3, 2025, when the interstellar object 3I/ATLAS passed within 30 million kilometers from Mars. The images are extremely valuable scientifically because they possess a spatial resolution of 30 kilometers per pixel, about 3 times better than the spatial resolution achieved in the best publicly available image from the Hubble Space Telescope, taken on July 21, 2025 (accessible here and analyzed here). Whereas the Hubble image was taken from an edge-on perspective since Earth and the Sun were separated by only ~10 degrees relative to distant 3I/ATLAS, the HiRISE image offers a sideways perspective, valuable in decoding the mass loss geometry and glow around as it approached the Sun.

The delay in the data release was argued to be the result of the government shutdown on October 1, 2025. Nevertheless, conspiracy theorists suggested that it may have to do with evidence for extraterrestrial intelligence in the HiRISE images. When asked about it, I suggested that the delay is probably not a sign of extraterrestrial intelligence but rather of terrestrial stupidity. We should not hold science hostage to the shutdown politics of the day. The scientific community would have greatly benefited from the dissemination of this time-sensitive data as astronomers plan follow-up observations in the coming months.

Joe Rogan suggested that I contact the interim NASA administrator, Sean Duffy. The following day, I corresponded with congresswoman Anna Paulina Luna regarding a related formal request from NASA. Following our exchange, Representative Luna wrote a brilliant letter to NASA’s acting administrator Duffy.

We all owe a debt of deep gratitude for the visionary support displayed by Representative Luna to frontier science through her letter, attached below.

Avi Loeb is the head of the Galileo Project, founding director of Harvard University’s — Black Hole Initiative, director of the Institute for Theory and Computation at the Harvard-Smithsonian Center for Astrophysics, and the former chair of the astronomy department at Harvard University (2011–2020). He is a former member of the President’s Council of Advisors on Science and Technology and a former chair of the Board on Physics and Astronomy of the National Academies. He is the bestselling author of “Extraterrestrial: The First Sign of Intelligent Life Beyond Earth” and a co-author of the textbook “Life in the Cosmos”, both published in 2021. The paperback edition of his new book, titled “Interstellar”, was published in August 2024.

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