$RAGE is holding up better than most benchmarks. CMC100, BTC, ETH, even MicroStrategy are getting hit harder. $RAGE takes a hit too, sure but it stays surprisingly solid.

Backing per share has crossed 1.16. $HESTIA per $RAGE continues to climb with the same steady momentum. This is exactly how the system is built to behave. The engine keeps accumulating underlying assets day after day, even when the market is anything but stable. The expansion

URM Weekly Report | Nov 26 - Dec 03 ❏ $HESTIA - Burn: +0.71% - Stacked: 0.71% - Tokens removed: 3 778 ❏ $ULTRAROUND - Burn: +0.04% - Stacked: 0.04% - Tokens removed: 358 ❏ $RAGE underlying - Multisig inflow: +80.94 RAGE - Pending hestia: 3 299 - Pending ultraround: 2 744

week by week, the URM ecosystem keeps tightening supply while rage keeps absorbing value. here’s what happened from dec 03 to dec 10. [thread]

As the year comes to an end, it becomes increasingly important to look beyond short-term price action and evaluate protocols based on structure, incentives, and balance-sheet dynamics. Since launch, $RAGE has not operated as a momentum-driven asset. Its design is not optimized

MicroStrategy accumulates Bitcoin primarily through balance-sheet leverage and capital markets access, including equity issuance and convertible debt. This approach is effective but remains highly sensitive to price cycles, financing conditions, and market sentiment. Rage

New Year,the Same Protocol! We came in with ambition We leave with momentum $RAGE still stacking $HESTIA Still bending chaos to advantage Still built for the relentless 2026 is for Scarcity Scarcity is Money It’s about execution Sharper strategies Deeper cadence More bond flow

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When you look at digital asset treasuries today, a simple pattern shows up. Most well known projects trade below the value of the assets they hold. Strategy trades around 0.84 mNAV. Marathon sits near 0.78. Some fall even lower. These treasuries mainly hold BTC and wait for