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GM. This is Milk Road. The newsletter that takes information divulged in a private setting, and decides to broadcast it to the world.
(It’ll make sense once you read the first article).
Here’s what we got for you today:
- ✍️ Revealing our personal portfolios
- ✍️ The $BTC ETFs are about to flip Satoshi’s holdings
- 🎙️ The Milk Road Show: Digital Gold vs. Digital Silver: Is Kaspa the Next Big L1?
- 🍪 Terminal of Truths (the AI chat bot, turned crypto millionaire) just got hacked for $600k
Prices as of 2:00PM ET. Click here for our Fear & Greed Index
REVEALING OUR PERSONAL PORTFOLIOS 👀
Alright, before we get into it – this is all on me (I’ll own it).
Last week we were at the Milk Road / Impact3 Retreat, and I (Chevy, the idiot in the far back 👇) made the stupid decision to divulge my portfolio allocations to the team.
Milk Road and Impact3 Retreat in Muskoka, Canada
I knew it was likely going to get a big (potentially strange) reaction from certain members of our team (you’ll see why in a second) – yet I still said it.
What’s worse is, it led to this – the decision to broadcast it to 330k+ people.
Thankfully, I’m not alone. Four other brave souls from the Milk Road team are joining me on this journey, as we pull back the metaphorical kimono on each of our portfolios.
Not the Milk Road PRO Portfolio. Our personal portfolios.
Some allocations you’ll no doubt love. Others you’ll likely scoff at. Either reaction is ok.
(You can vote to let us know which is your favorite at the end 👀)
You ready? Alright, here it goes…
1/ “Mr. Bossman” Kyle Reidhead
(👆Is this his real title? No. But he insists we call him that. It’s weird.)
As the nickname suggests, Kyle is one of the owners of Milk Road.
Kyle also heads up research at Milk Road PRO, which means his picks are all going to be “fUnDAmEnTalLy DrIvEN.”
(Pffft!)
It’s smart, but it doesn’t make for good reading.
(100 likes on this post and we’ll force him to buy $WIF).
Here’s his portfolio:
- Ethereum $ETH – 37.5%
- Solana $SOL – 37.5%
- Bitcoin $BTC – 10%
- Coinbase $COIN – 5%
- Tesla $TSLA – 5%
- Maker $MKR – 2.5%
- Jito $JTO – 2.5%
2/ The Intern, Raul [LAST NAME REDACTED]
(Why is his last name redacted? To hide his trail of poor life decisions).
Raul is the youngest on our team, chronically online, and if you type “Are” in the search bar of his browser, the suggested autocomplete reads: ‘Are Red Bull intravenous drips a thing?’
Knowing all of that, his portfolio probably won’t surprise you:
- Teh Epik Duck $EPIK – 28%
- Dog Wif Hat $WIF – 24%
- Smoking Chicken Fish $SCF – 18%
- Popcat $POPCAT – 16%
- Goatseus Maximus $GOAT – 13.95%
- Ethereum $ETH – 0.05%
(That last one only exists ‘cause he doesn’t hold enough $ETH to cover the gas fees required to swap into $SOL).
3/ PRO Researcher, Martin m0xt (aka “Dr. PRO”)
👆This nickname is NOT self imposed. Quite the opposite. Martin hates it.
(And that’s exactly why it has stuck).
Like Kyle, Martin is known for his measured decisions, long term thinking, and deep convictions.
Boring? Yes.
Will he be richer than most of the team in ten years time? I’d put money on it.
(Seriously, @polymarket, make us a spread).
Here’s his portfolio:
- Ethereum $ETH — 45%
- Solana $SOL — 35%
- Jupiter $JUP — 3.50%
- Aave $AAVE — 3.30%
- Lido $LDO — 2.90%
- Maker $MKR — 2.50%
- Ethena $ENA — 1.90%
- Gnosis $GNO — 1.90%
- CoW Protocol $COW — 1.50%
- Across Protocol $ACX — 1.30%
- Optimism $OP — 1.20%
4/ Lead Writer, Chevy Cassar (or “Chivi,” if the feeling takes you).
What has two thumbs and does pretty much anything Raoul Pal tells him to do?
This guuuuuy:
- Solana $SOL – 100%
Seriously. This is the only asset I own.
Is it out of conviction? Sure, there’s some of that. Analysis? Eh, here and there.
General laziness, mixed with a feeling of “if it ain’t broke, don’t fix it”?
Ding, ding, ding! We have a winner.
5/ General Manager, Tyler Galbrith (aka “Old Man River”)
Why Old Man River? ‘Cause Tyler held index funds most of his life.
Though, after months of internal bullying and multiple HR complaints (“wAaH, rAuL and cHeVY are tEaSiNG mE, wAaH”), we are proud to report…
Tyler has now moved almost completely into crypto assets:
- Solana $SOL – 37%
- Ethereum $ETH – 30%
- Bitcoin $BTC – 12%
- Maker $MKR – 4.5%
- Immutable $IMX – 2.5%
- Brett (Based) $BRETT – 2%
- Optimism $OP – 1.5%
- CoW Swap $COW – 1.5%
- $TIA, $GNO, $ILV, $ATOM, $DEGEN, $DYM – 7%
- $COIN, $TESLA – 2%
There you have it! That’s everyone on our team that we could convince to reveal their portfolio.
Ok, now: Whose portfolio are you most bullish on??
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HOW TO INCREASE YOUR EXPOSURE TO BITCOIN
What’s the one token everyone wants in their portfolio? Bitcoin. 🪙
How to increase your exposure to the Bitcoin Network? Bitcoin Layer 2s. 🔗
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So if you’re a Bitcoin or L2 enthusiast, see what BitcoinOS is all about.
THE $BTC ETFS ARE ABOUT TO FLIP SATOSHI’S HOLDINGS 😧
Still feeling a little emotionally tender after that first article, so we’re going to keep this one short n’ sharp.
ICYMI: The ETFs are gobbling up Bitcoin like it’s no one’s business – which has helped to push/hold $BTC above $70k for the past two days or so!
Hell, the total amount of $BTC held in the ETFs is on track to flip Satoshi’s known holdings. 🤯
And if this buying momentum continues, we could well see the flippening be made official before the year is out!
Just yesterday alone, the $BTC ETFs gobbled up more than $800M worth of Bitcoin.
(For context, that’s more than $BTC miners collectively mine in an entire month!)
If you’re hoping for a demand driven/supply restricted boom in $BTC’s price…
This could well be the catalyst!
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$ETH and $SOL are playing catch up with $BTC. Bitcoin stopped short of reaching new all-time highs (ATHs) by $175 last night, while $ETH and $SOL are yet to regain their ATHs of last cycle (pray for Chevy).
Coinbase & Visa roll out instant funding as Bitcoin booms. Looking to make a quick buy on Coinbase, but don’t have funds loaded on your account? You can now make instant purchases with a Visa debit card in the US and EU.
Terminal of Truths developer moves all his Goat tokens after X account hack nets $600,000. You’re not an official degen until you get rekt at least once in crypto. Welcome to the club ToT.
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MILKY MEMES 🤣
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
