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![StatelessKeon Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::958113913005993985.png) StatelessKeon [@StatelessKeon](/creator/twitter/StatelessKeon) on x XXX followers
Created: 2025-07-23 23:00:09 UTC

@IIICapital Premiums can vanish,
but capital-structure alpha stays.

Cheap debt + hard money = free beta boost;
BTC CAGR minus ≤ X % funding cost is pure spread.

Smart leverage beats flat hodling;
as long as you respect covenants and cycle timing.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948156207723614483/c:line.svg)

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[Post Link](https://x.com/StatelessKeon/status/1948156207723614483)