Sypher Capital (@syphercapital) profile picture

Sypher Capital

@syphercapital

Tweets are not investing advice.

linktr.ee/syphercapital
Joined January 2025
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Photo by Sypher Capital (@syphercapital)Photo by Sypher Capital (@syphercapital)Photo by Sypher Capital (@syphercapital)Photo by Sypher Capital (@syphercapital)Photo by Sypher Capital (@syphercapital)Photo by Sypher Capital (@syphercapital)Photo by Sypher Capital (@syphercapital)Photo by Sypher Capital (@syphercapital)Photo by Sypher Capital (@syphercapital)Photo by Sypher Capital (@syphercapital)
Bitcoin’s Feb 5 sell-off was fast, violent... and often misread. Our latest market readout breaks down what actually happened, from positioning and leverage to ETF mechanics, and includes our 2025 Sypher Capital Annual Letter. Full newsletter here 👇
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Arch (@ArchLending) profile picture
Arch
@ArchLendingSep 28
New research from @syphercapital and @borrowonbtc puts real numbers behind something we've been saying for a while. Selling Bitcoin to access cash is one of the most expensive moves you can make, and most people don't realize how expensive until they see the math. 🧵
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BitcoinYield (@bitcoin_yield) profile picture
BitcoinYield
@bitcoin_yieldSep 23
Just crossed 100 videos posted on our YouTube. Are you subscribed? youtube.com/channel/UCJhpdyd…
Image from BitcoinYield (@bitcoin_yield)
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stacks.btc (@Stacks) profile picture
stacks.btc
@StacksSep 16
Institutions earning BTC yield without ever leaving Bitcoin L1 🤝 Stacks
Image from stacks.btc (@Stacks)
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Rena Shah (@renapshah) profile picture
Rena Shah
@renapshahSep 14
Bitcoin staking is becoming a real financial market, and I think ETF issuers will be a major driver. For the first time, ETF issuers like @21shares (@21sharesCM) have a way to access real Bitcoin-native yield while holding BTC. We’re also seeing @HashKey_Capital, @UTXOmgmt, and veteran DeFi players like @syphercapital bring institutional capital, asset management, and onchain finance together around Bitcoin, with direct impacts on blockstack:native. Bitcoin staking creates demand for STX and locks STX into the protocol. The latest cycle locked ~11.5M STX for 6 months, following ~20M additional STX locked in the prior cycle. Less free-floating blockstack:native is good for the ecosystem. Add in the improving STX/BTC ratio, and I think the market is beginning to recognize the value of making Bitcoin productive.
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stacks.btc (@Stacks) profile picture
stacks.btc
@StacksSep 10
Bitcoin-native finance should settle on Bitcoin. Most BTCFi runs on a chain with its own validator set and its own finality assumptions, then points at BTC in a wrapper. Stacks writes its state to Bitcoin, so transactions inherit Bitcoin finality instead of borrowing someone else's. Insight from @renapshah
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Stacking DAO (@StackingDao) profile picture
Stacking DAO
@StackingDaoSep 10
We built stBTC for institutional participation. Sypher Capital is accessing the @Stacks Genesis Bond through Stacking DAO, with the flexibility of instant liquidity that the stBTC LST offers.
Sypher Capital (@syphercapital) profile pictureSypher Capital@syphercapitalSep 10
Replying to @StackingDao
@StackingDao allows institutional capital to receive all the benefits of @Stacks's Genesis Bond, while still allowing allocators to remain nimble. StackingDao 🤝Sypher Capital
Image from Sypher Capital (@syphercapital)
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「The State of Bitcoin Yield 2026」をご覧ください。 nitter.cf/syphercapital/status/2…
Sypher Capital (@syphercapital) profile pictureSypher Capital@syphercapitalSep 9
Bitcoin yield is a matching problem, not a rate hunt for the highest yield. Who holds the BTC, what they paid for it, and where the BTC sits decide which yield makes sense long before the headline APY does. Check out our new whitepaper: The State of Bitcoin Yield 2026 (free) docsend.com/v/xnf3k/stateofb…
Image from Sypher Capital (@syphercapital)
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stacks.btc 华语 (@Stacks_CN) profile picture
stacks.btc 华语
@Stacks_CNSep 10
Stacks 上的 Bitcoin Staking（比特币质押）现已正式上线。 @UTXOmgmt、@21shares、@HashKeyCloud、@syphercapital 以及 @FireblocksHQ 成为 Genesis Bond（创世债券） 的首批参与者，这也是 Stacks 首个面向机构的 Bitcoin Bonding 周期。 现在，机构持有的比特币无需离开 Bitcoin L1（比特币主网），即可获得原生 BTC 收益。
Image from stacks.btc 华语 (@Stacks_CN)
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tycho.btc (@TychoOnnasch) profile picture
tycho.btc
@TychoOnnaschSep 10
Bitcoin securing credit without being sold is what turns BTC from idle asset into productive capital.
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Currently, stBTC allows DeFi borrowers to reduce their borrowing costs to almost 0% based using @ZestProtocol.
Stacking DAO (@StackingDao) profile pictureStacking DAO
@StackingDaoSep 3
stBTC is live on @Stacks. Deposit and earn Bitcoin Staking yield that auto-compounds in BTC, up to a 2.6% target yield produced by Stacks Bitcoin Staking. Allocation is limited, first come first serve.
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Stacking DAO (@StackingDao) profile picture
Stacking DAO
@StackingDaoSep 10
Stacking DAO is in the Genesis Bond. 150 BTC of stBTC backing is now earning Bitcoin Staking yield on @Stacks. stBTC itself stays liquid, tradable, and usable as collateral.
Image from Stacking DAO (@StackingDao)
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Stacking DAO (@StackingDao) profile picture
Stacking DAO
@StackingDaoSep 10
Replying to @Stacks @UTXOmgmt @21shares @HashKeyCloud @syphercapital @FireblocksHQ
Five institutional partners on day one of Bitcoin Staking, and every one of them keeps their BTC on Bitcoin the whole time. 🟢
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🔥Honored to participate in a monumental moment for institutional bitcoin yield! This is a game changer.
stacks.btc (@Stacks) profile picturestacks.btc
@StacksSep 10
Bitcoin Staking on Stacks is officially LIVE. @UTXOmgmt, @21shares, @HashKeyCloud, @syphercapital, and @FireblocksHQ are the inaugural participants in the Genesis Bond, the first institutional bonding period. Institutional Bitcoin now earns native BTC yield while staying on Bitcoin L1.
Image from stacks.btc (@Stacks)
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stacks.btc (@Stacks) profile picture
stacks.btc
@StacksSep 10
Read The State of Bitcoin Yield 2026:
Sypher Capital (@syphercapital) profile pictureSypher Capital@syphercapitalSep 9
Bitcoin yield is a matching problem, not a rate hunt for the highest yield. Who holds the BTC, what they paid for it, and where the BTC sits decide which yield makes sense long before the headline APY does. Check out our new whitepaper: The State of Bitcoin Yield 2026 (free) docsend.com/v/xnf3k/stateofb…
Image from Sypher Capital (@syphercapital)
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stacks.btc (@Stacks) profile picture
stacks.btc
@StacksSep 10
Every yield has a payer. In Stacks PoX, it's the miner — via @syphercapital
Image from stacks.btc (@Stacks)
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Jacob Brown (@JakeBlockchain) profile picture
Jacob Brown
@JakeBlockchainSep 9
Replying to @syphercapital @bitcoin_yield
NICE! Gonna touch on this in the newsletter
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Bitcoin yield is a matching problem, not a rate hunt for the highest yield. Who holds the BTC, what they paid for it, and where the BTC sits decide which yield makes sense long before the headline APY does. Check out our new whitepaper: The State of Bitcoin Yield 2026 (free) docsend.com/v/xnf3k/stateofb…
Image from Sypher Capital (@syphercapital)
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Much of the rate data in the whitepaper was sourced from @bitcoin_yield, alongside others. Thanks @JakeBlockchain! Great resource if you want to see what the market pays today.
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Zest Protocol (@ZestProtocol) profile picture
Zest Protocol
@ZestProtocolSep 3
🟠 Now live 🟠 Levered Bitcoin Staking on @Stacks. This Vault one click loops stBTC into more Bitcoin Staking yield. No manual borrowing, no rebalancing.
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