Dangerous Ruling for Crypto Treasury Companies like Microstrategy.

So, crypto got whacked a bit today. Why?

Because of NASDAQ. NASDAQ lists the vast

majority of the treasury companies that

are trying to load up on various

different coins or tokens. The problem

is NASDAQ is questioning, hey, are

people aware of what they're getting

into with this? Keep in mind two days

ago I reported that this company alt

five which is ticker alt s probably is

going to head to zero. I'm not very

optimistic about it and I think it's

kind of setting up a bit of a scam. You

could watch my full video on it to see

why I think it is. And even though it's

got one of Trump's sons on the board, I

don't think investors in OldT S realize

that they're getting into a money losing

company that's about to pump liquidity

not for its own stock, but they're about

to issue a ton of stock to go buy WLFI,

the World Liberty Financial Token.

That's Trump's token. Basically, pump

the bags of people who gave Trump money

essentially. Now, here's the thing. Old

Five is uh that company. Old Five is

decaying. We already know this. After I

made my video, I mean, the day I made my

video, the stock went down like 27%.

Then it went down 19% yesterday. It's

down another 18% today. Yesterday

morning in our alpha report, which

remember, if you remember at meetke.com,

you get every single day. I literally

put a red alarm siren emoji and said,

"Get the hell out of this if you're in

it. It is going way down." Uh, and sure

enough, you know, after that alpha

report was down another 19% yesterday,

down 18% today. Why? It's because people

are being misled by what these companies

actually do. And that's why NASDAQ is

now stepping up scrutiny of these kinds

of plays. Now, keep in mind that Alt

Five is a special type of one where Alt

Five is, in my opinion, so wild that

they've always had a reputation of, I

hate to say it, failure. And I mean,

this comes straight from their annual

report on what they do as a business.

And basically, as a business, they just

fail. I really I hate to say it. We did

a whole video on this, but here's

literally a company that was a crypto

mining play in Canada and in October 30

on on Halloween of COVID. So during CO

and on Halloween, apparently there was a

severe storm that destroyed all of their

crypto mining and they had to close

their crypto mining business. This

comes, you know, sort of before they got

into recycling energy efficient

appliances

and then going into biotech for

painkillers and now apparently they're

exit liquidity for WLFI and they're a

revolutionary fintech now. Yeah. Like

that's that's what this company is. They

call themselves a financial services and

fintech holding company created by

financial industry specialists out of

the necessity to provide a digital asset

economy. Right? So NASDAQ is like, "Holy

smokes, people are literally using these

listed vehicles to basically go scam

people." And NASDAQ's like, "Dude,

that's going to make NASDAQ look bad.

NASDAQ doesn't want this crap. So, what

are they going to do? Well, NASDAQ is

now quote unquote stepping up scrutiny

of companies listed on the exchange that

are aiming to get a stock price boost by

raising money to buy and hoard crypto.

So, basically, they're going to

potentially require these companies to

get shareholder approval before issuing

new shares to buy crypto. Now, if you

actually look at the article, what's

remarkable is if you type in Trump, they

actually sh they talk about how Trump

uh where is it? Where is it? Where is

it? It's in here. They talk about Trump.

There it is. Nearly half of the 124

crypto stocks are buying smaller coins,

including Trump's World Liberty

Financial Tokens. And critics say these

deals could be a way for holders of the

coins to sell them to unsophisticated

stock market investors. Basically, let

me translate this to English to you.

Donnie T's son, like Eric, goes on Fox

News and says, "Hey, uh, you should

invest in Alt 5. It's on the stock

market. Just swipe up on Robin Hood.

It's real easy for you to invest in all

five. It's the greatest thing since

sliced bread, bro. And then people are,

"Oh, that's Fox News." Well, Fox News,

they're not just a shill for Trump. The

Okay. Well, if the president's son is on

Fox News talking about it, it must be

legitimate. Honey, why don't we throw

another thousand into alt five? Swipe

up. Oh, we did it. Oh, make America

great again. And then what happens? Old

Five goes, "Huh, look at all these saps

who just bought our stock. Great. We

could turn their money into liquidity

for all of the insiders who showed up at

Donald Trump's dinners and bought World

Liberty Financial Token because they're

connected to insiders because it wasn't

available to outsiders. And we're gonna

use grandma and grandpa's money that

they just bought on Robin Hood to go

bail out the rich friends of the Trump

family buying world liberty financial

token in the future when all this

goes to zero because that's all it is is

a pile of When it all goes to

zero, guess who's left holding the bag?

The Fox News watchers and the regular

Americans who are just trying to make a

buck when the insiders

get away with big profits. And NASDAQ

smells this from a mile away. And NASDAQ

is like, "Yo, yo, yo, yo, all right, all

right, hold on. Let's at least get

grandma and grandpa to vote to approve

this pile of flaming turd before we

let them go buy whatever freaking tokens

they want." NASDAQ wants companies to

slow down and make sure their investors

know what's going on before they turn

themselves into crypto stocks. because

it's a bad look. If a bunch of NASDAQ

companies go to zero, like all five,

because they're a scam, my opinion.

Don't sue me, bro. Uh, and I provided my

evidence as to why in my other video.

Maybe I'm wrong. I could be wrong. So,

go watch the other video and see the

evidence for yourself. But anyway, if

they go to zero, then NASDAQ looks bad.

And then people aren't going to want to

list on NASDAQ anymore because NASDAQ

ends up getting associated with being a

scam. Even though it's not NASDAQ's

fault, they're just, you know, a

provider basically of of a vehicle.

They're just a tool. Uh, you know, you

still have 94 of crypto buying stocks on

NASDAQ and only 17 on the NYSE.

We say NY in the industry.

Anyway, so uh this is

this is also obviously hitting, you

know, Michael Sailor's Micro Strategy,

uh because it could affect them. You

know, Micro Strategy is NASDAQ listed.

Uh pretty sure Bitmine is NASDAQ listed

as well. I'm pretty sure. I'm not sure

why I can't see the exp. Yeah. Oh, no.

They're on the American exchange. Oh,

that's interesting.

Oh, that's uh that's part of NY. But

anyway, uh that's interesting. So, um

but anyway, broadly, it's not uncommon

for you to see listing requirements at

NASDAQ also end up hitting NY because

both of them are going to be like,

"Yeah, no, we don't we don't want this."

NASDAQ just has a whole lot more of this

going on. So, of course, that's why

you're seeing some of the pain in some

of these treasury companies, but they're

also cautious because they don't really

want, you know, regular businesses like,

I don't know, I'll just make one up, a

distillery going in and saying, "Oh, all

of a sudden we're crypto treasury

company," which is actually exactly what

happened. So, if you jump into

uh that information article again, you

could see here heritage distilling, a

NASDAQ listed craft distillery offering

military themed whisies, is now going to

accumulate a random cryptocurrency

called IP, which implies intellectual

property. So, you know, these are not

what these companies disclosed to their

shareholders they were going to do. kind

of like like I look at this as you know

I mean obviously we do fundamental

analysis every day in the meet Kevin

membership which you know you already

know you could use code bullish catalyst

to join that and get lifetime access

>> but you know I I've been regularly asked

hey Kevin why doesn't house hack buy you

know crypto or or come up with some kind

of treasury strategy for buying uh uh

you know cryptocurrencies and my answer

is always the same my answer is I told

investors that we are a company that

helps people diversify to real estate

and we handle the tenants and toilets. I

have always said that we are not a

cryptocurrency company. If you want to

buy cryptocurrency, go buy

cryptocurrencies.

But I'm not going to take a real estate

company that we've raised, you know,

what $75 million for or whatever and

turn it into a crypto play because

that's not what I told investors we

would do. I told investors, we buy real

estate, we buy wedge deals, and we fix

them up and we rent them out. If we can

make money on them in the future by

strategically selling some of them,

maybe we'll do that. Otherwise, we'll

just buy and hodddle. And in the

meantime, we'll keep developing our AI

technology, which we expect to have a

limited beta for members uh in the

fourth quarter, which will be really

exciting for uh for AI and real estate.

You know, we're we're cranking. We've

had a breakthrough in our AI technology

at House Hack, which is really exciting

because we don't think that's built into

our valuation at all. But uh but that's

fine because, you know, who knows? Like

it it could go nowhere. Uh but maybe

when when we release it, people love it

the way we do and and maybe people pay

for it. We don't know. We can't know.

But anyway, uh to always invest in house

hack if you want house hack.com. Read

the disclosures offering circular

private placement memorandums. There's

risk with every investment. And um this

video is not a solicitation, but that

said, you know, I get it. I get why

NASDAQ is doing this because NASDAQ is

looking and saying, "Hey, we don't want

distilleries or real estate companies or

companies that said they're one thing

turning into crypto plays buying random

crypto tokens to provide liquidity to

potentially scams because then it's a

scam on a scam like old five." Again,

it's my opinion that this is just a

vehicle that exists to rip people off

and take money from the poor and give to

the rich. It's literally the

anti-roinhood to bail out Trump cronies.

That's what this is. And you've got uh

you you finally got the NASDAQ waking up

saying, you know what, we don't want to

do that. We don't want to be involved in

that. So, uh that's great. You know,

again, that's that is what is going to

end up hitting the Bitcoin accumulating

strategies like Micro Strategy because

it's going to make it a little harder

for them to raise money. There is also

the potential that if you do make it

harder, like if you go to Micro Michael

Sailor and you say, "Hey man, look, you

wanted to raise a billion dollars

roughly uh in your last fundraising

round, you guys only raised $4ome

million in your last fundra. So, your

last fundra sucked weenies. It was a bad

fund raise. Uh, which gives you less

liquidity to go shop for more Bitcoin,

which kills that circular momentum,

right? Because usually they raise a ton

of money, they go buy Bitcoin, then

Bitcoin goes up, Bitcoin goes up, then

they raise more money because Micro

Strategy goes up, but the buck is

starting to stop. People are stopping

investing money into these treasury

strategies. So you're seeing less

liquidity to go buy Bitcoin, which is

creating a little bit of a stall factor

right now. Now, some of that could be

macroeconomic, and I'm not saying that,

you know, Bitcoin is going to sell out.

This isn't a video being bearish on

Bitcoin. Just saying there's a bit of a

stall happening in fundraising

strategies for Micro Strategy. Well,

what do you think NASDAQ requiring

shareholders to vote to approve these

strategies is going to do? It's going to

make it even harder to conduct this

circular strategy of raise money by

liquidating the stock, buy the

cryptocurrency, raise money to liquidate

the stock, buy the cryptocurrency. And

the circ circular momentum that circular

momentum gets hit by regulation now

NASDAQ regulation because NASDAQ's

waking up going, "No, no, no, no, no,

no, no. We don't want grandma and

grandpa to keep getting scammed like by

alt s." I'm just saying that that's

that's all I'm saying. Again, I'm not

here to be bearish. You know, if you're

into Bitcoin or Ethereum, I don't give a

fly at hoodies. I like real estate. I

like houses. I like tenants and toilets.

I'm jumping up and down about the idea

of going to Lowe's to pick up the damn

paint that I just ordered through my

Lowe's 5% off Lowe's for Pros discount

program. And while I'm there, I'm going

to go pick up some angle valves for some

toilets. That's the kind of stuff that

get that gets me going. I'm wearing a

Luigi outfit today. He's a plumber.

Okay, I got my Luigi cup. I got my Luigi

mug. I'm ready for real estate. That's

what I do. But I also like to observe

what's going on in financials. And

what's going on in financials is a red

flag to these treasury accumulation

companies. And it could slow down the

cycle, especially if you root out the

scams, which you should because you're

ripping people off at companies like Old

Five. And if people vote to be ripped

off,

fine. Uh at least there's less liability

then for NASDAQ. But that's what's going

on. Uh and it is a risk for slowing down

these Treasury accumulation strategies.

>> Why not advertise these things that you

told us here? I feel like nobody else

knows about this.

>> We'll we'll try a little advertising and

see how it goes. Congratulations, man.

You have done so much. People love you.

People look up to you.

>> Kevin Papra there, financial analyst and

YouTuber. Meet Kevin. Always great to

get your take.