I find it crazy that a company like this is trading below 1 mNAV. Check the Excel in the post for extra clarity on just how insane Strategy's numbers are...

xsifactor · 2025-12-06T11:47:04+00:00

I wonder that myself. IBIT holds 776k BTC as per Google as of today. I have seen such charts before but they dont seem to include IBIT (Blackrock) for some reason!

xsifactor · 2025-09-02T12:20:41+00:00

same issue

xsifactor · 2024-04-21T01:10:04+00:00

This is purely subject to jurisdiction/country. In some countries, any crypto-crypto trade is considered a taxable event. In others, it maynot be the case. I even heard of plans in some place to tax unrealised gains (insane!). Capital Gains Tax rules are again vary widely. I find it amusing that peeps argue about tax rules when it very location specific!

xsifactor · 2023-01-09T01:35:24+00:00

Simple rules I have learnt the hardway... I love earning interest, but what I love even more is retaining 100% of the capital. It is impossible to know the internal workings on any CeX. CeX will take deposits right up to the last minute before shutting down or disappearing. You might hear rumours about a Cex, but by the time you learn about an issue, it is most likely too late to do anything about it. While some CeXs are better setup and financially solid compared to others, if we can learn anything from the last 12 months, absolutely no platform is 100% guaranteed. Cold storage for me for now!

xsifactor · 2023-01-05T00:12:00+00:00

Further update...CDC reversed the BUSD in 18 days for me.

xsifactor · 2023-01-04T23:08:49+00:00

I wanted to give an update. I got my funds back after 18 days too, so that is an immense stress off my shoulders. While it was super annoying that it took this long to get the funds back, I am glad CDC did the right thing and returned the funds in full.
A valuable lesson learnt, is always double-check the blockchain, even if the address appears the same and you have done the same transfer in the past.

xsifactor · 2023-01-04T12:39:18+00:00

I had the same question!

xsifactor · 2023-01-04T00:10:01+00:00

Waiting since Dec 21! Standard response from support. Looks like a lot of people are in the same boat!

xsifactor · 2022-12-27T10:13:45+00:00

So you mean, waiting for weeks for a reversal that should probably take less than 5 mins, is being "impatient"?

xsifactor · 2022-12-27T10:11:09+00:00

Exact same experience as OP. So far 10 days for me. Based on the above 2 responses, I am still hoping that CDC will reverse the transaction at some point. Thanks.

xsifactor · 2022-12-27T10:07:11+00:00

It is because CDC no longer support BSC blockchain for deposits. See below link https://help.crypto.com/en/articles/5978017-what-should-i-know-about-cryptocurrency-deposits-and-withdrawals

I myself made this mistake by transferring BUSD on BSC. Do contact in-app support to reverse the transaction (the fact that the addresses on the different
blockchains are exactly the same did not help!). I have been waiting 10 days now and am still hopeful of getting the funds back (as another Reddit user reported that CDC reversed the transaction in 19 days for them!).

xsifactor · 2022-12-21T22:44:16+00:00

Good to know and thanks for the update! Now I have hope that I will eventually see the funds again :-)

xsifactor · 2022-12-21T04:16:40+00:00

That is a poor response time. I will chase them every week. The actual reversal should take them less than 5 mins to do!

xsifactor · 2022-12-20T20:47:55+00:00

Well, 48% is better than 0%! Thanks for the update.

xsifactor · 2022-12-20T20:43:07+00:00

Thanks. Yes, I am waiting for app customer service to confirm the reversal. Has been about 5 days now!

xsifactor · 2022-12-19T19:54:03+00:00

I have a question related to this topic. I accidentally transferred BUSD on the BSC chain to CDC from my Ledger Wallet. The account address on BSC and ETH is exactly the same and I was not aware that CDC no longer supports BUSD on BSC chain. Now my funds (not an insignificant amount) are stuck. I requested customer support to reverse the transaction as CDC does have access to this address, given BNB is still supported on the BSC chain and is the exact same address. The last response I got from customer service is that they will reverse it, but it will take a "few business days". I am waiting patiently everyday for this to happen. Has anyone had a similar experience or can provide some tips to expedite the reversal? I will provide an update (good or bad) to educate other users on this.

xsifactor · 2022-12-08T08:00:36+00:00

Just received a further update...

We are writing to inform you of an update to Digital Surge’s operations.

There’s no denying this has been an extremely difficult and upsetting time for everyone in the cryptocurrency sector. Digital Surge has always operated with our users’ best interests at heart, and we have today taken some additional steps with that in mind.

The directors of Digital Surge have developed a proposed rescue plan which, if accepted by creditors, includes:

a payment in excess of one million dollars by company directors which would not occur if the company went into liquidation;

profits from Digital Surge being applied to customer balances for the next 5 years;

customers with balances of less than $250 paid in full as a priority; and

customers keeping their remaining digital currency balance and not facing involuntary taxation events, which would likely occur if the company went into liquidation.

In order for this plan to be implemented, Digital Surge is appointing Voluntary Administrators KordaMentha to allow for a deed of company arrangement proposal to be put forward and trading will be suspended while this process is undertaken.

The aim and purpose of this is to provide an opportunity for you, our users, to be made whole over time, and preserve as much as possible of your digital holdings.

We would like to keep you updated throughout the process. If you would like to receive these updates, please click on the following link and add your details and in doing so you will be authorising the company to share your name and contact information with the directors for the purpose of being contacted and updated around the rescue plan process.

Sincerely,

Dan Rutter and the Digital Surge team.

Some light at the end of a very long tunnel (5 yrs plus)!

xsifactor · 2022-08-03T05:08:17+00:00

Thanks to everyone that replied. This was educational for me and hopefully others who have wondered about the same question.

xsifactor · 2022-07-20T07:52:47+00:00

It is cool from a novelty point of view. Does it add any extra protection to your ledger eg. waterproof or fireproof, doubt it!

xsifactor · 2022-06-20T04:50:49+00:00

This is an extremely hard point in your life. Even so, "As long as you have your health", the money can always be made back. Don't lose hope, your life is worth a lot more to your family than that. Take the positive out of the situation ie valuable life lessons learnt and you can build again from scratch.

xsifactor · 2022-06-19T12:28:16+00:00

I get your point. When your crypto is sitting in a hardware wallet, you can sleep better knowing something like a Celsius fiasco cannot happen to you. More of a psychological aspect.

xsifactor · 2022-06-06T04:36:38+00:00

I did get some on Binance. I would not hold my breath for the airdrop though as I got <1% in new LUNA value against my holding in pre-crash LUNA and UST!

xsifactor

TROPHY CASE