🏦 Crypto’s HODL mode

…and Frontier’s first-class tier (Joe Raedle/Getty Images) Hodlin’ hard   Presented by Hey Snackers, Folks have spent 2.4B hours reading articles in English on Wikipedia this year. The [top article]( visited: “Deaths in 2024.” Looks like morbid curiosity overpowered interest in the presidential election. Bitcoin crossed $100K for the first time yesterday evening. Earlier, the major US stock indexes closed at record highs yesterday after upbeat comments on the economy from Fed Chair Powell. Investors have eyes on tomorrow’s November job openings. 🎙️ Tune in to “Snacks Mix” on [Spotify]( or [Apple Podcasts]( to hear fresh takes on Amazon’s new AI computer and the weight-loss-drug race.   COINSENSUS Bitcoin bulls are buying, hodling, and yanking coins off exchanges A not-so-micro strategy… Enterprise-software biz MicroStrategy kept up its bitcoin-buying spree last week, [snagging]( 15.4K coins for $1.5B. That brought the value of its BTC stash to $38B — $13.5B of which was purchased over the past month. MicroStrategy exec chair Michael Saylor has said he wants to turn the company into a “bitcoin treasury” and suggested it might never sell its coins. MicroStrategy’s stock has more than 5x’d this year, as some investors viewed it as a way to get exposure to the OG crypto. Others are following Micro’s strategy: - Bitcoin miner MARA Holdings (fka Marathon Digital) snatched up $618M worth of BTC over the past two months. - Three biotech companies recently said they were buying up to $1M worth of BTC as an inflation hedge. - Tesla last month saw the value of its bitcoin holdings pass $1B. Hodling on… Investors may be taking a cue from MicroStrategy’s crypto stashing. Fresh data shows that exchanges’ bitcoin reserves — coins that exchanges like Coinbase and Kraken hold, often on customers’ behalf — are at a [multiyear low](. 171K bitcoin have been pulled from exchanges since Trump’s win, suggesting traders are sticking their coins in “cold storage” wallets to self-custody for the long haul. Cold storage is considered a defense against hackers because the physical devices (like Trezor wallets) aren’t connected to the internet. It can also protect investors from losing their coins if exchanges fail (ahem: FTX). But folks who self-custody run the risk of losing their private keys. THE TAKEAWAY “Digital gold” has its shine back… Since its launch, bitcoin has been called “electronic cash,” “magic internet money,” the “future of finance,” and, increasingly, “digital gold.” The idea that bitcoin could act as a store of value akin to actual gold may be winning out. Google Trends show that web searches for “digital gold” hit a record high this month, and the US president-elect has proposed creating a “national bitcoin stockpile.” The counterargument: BTC’s price has moved in tandem with tech stocks. [Read this online](   Presented by Atombeam [🚨$10M Raised — 2 Weeks Left to Invest in the AI Company Everyone’s Buzzing About]( Kevin O’Leary is a paid spokesperson for StartEngine. See his 17(b) disclosure, [(.This Reg A+ offering is made available by StartEngine. 🚨 It’s not just another buzzword-filled startup… Meet Atombeam, the AI-driven disruptor aiming to change how data moves — faster, safer, and smarter. Investors are taking note, with over a $3M waitlist from their last round and $10M+ raised in this round — but the offering is closing soon. 📡 Up to 4X Faster, $2.4M+ Defense Contracts. [Atombeam’s patented AI software can send up to 4x more data over existing networks]( — without expensive hardware upgrades. That’s why names like the U.S. Space Force, U.S. Air Force are already customers. In 2023, Atombeam secured $2.4M in defense contracts, including a $1.2M deal to supercharge AI-powered compression. 💡Building industry relationships within a $200B market… Atombeam’s partnerships span NVIDIA, Intel, Ericsson, and HPE.1 Atombeam has a projected $200B global data center market by 2025. [Now, you can invest in Atombeam.]( ⏳$3M+ waitlist in last round, and only 13 Days to Invest…before Atombeam’s current funding round is closed. Over 7,500 investors have already invested across offerings, and one previous offering sold-out. [Invest now before the round closes on 12/18.](2 1 The partnership relationship varies between companies and can include the following: inclusion on a preferred vendor list, invitations to participate in certain forums; listed on the other company's website, and introduction and networking opportunities. Presented by Atombeam [🚨$10M Raised — 2 Weeks Left to Invest in the AI Company Everyone’s Buzzing About]( Kevin O’Leary is a paid spokesperson for StartEngine. See his 17(b) disclosure, [(.This Reg A+ offering is made available by StartEngine. 🚨 It’s not just another buzzword-filled startup… Meet Atombeam, the AI-driven disruptor aiming to change how data moves — faster, safer, and smarter. Investors are taking note, with over a $3M waitlist from their last round and $10M+ raised in this round — but the offering is closing soon. 📡 Up to 4X Faster, $2.4M+ Defense Contracts. [Atombeam’s patented AI software can send up to 4x more data over existing networks]( — without expensive hardware upgrades. That’s why names like the U.S. Space Force, U.S. Air Force are already customers. In 2023, Atombeam secured $2.4M in defense contracts, including a $1.2M deal to supercharge AI-powered compression. 💡Building industry relationships within a $200B market… Atombeam’s partnerships span NVIDIA, Intel, Ericsson, and HPE.1 Atombeam has a projected $200B global data center market by 2025. [Now, you can invest in Atombeam.]( ⏳$3M+ waitlist in last round, and only 13 Days to Invest…before Atombeam’s current funding round is closed. Over 7,500 investors have already invested across offerings, and one previous offering sold-out. [Invest now before the round closes on 12/18.](2 1 The partnership relationship varies between companies and can include the following: inclusion on a preferred vendor list, invitations to participate in certain forums; listed on the other company's website, and introduction and networking opportunities.   TIER-UP Zero-frills carrier Frontier adds a first class as budget airlines try to fly upmarket Front-seat tier… Frontier Airlines, an ultra-low-budget carrier with cardboard-like thin seats, is getting into the first-class game. Starting next fall, Frontier plans to [introduce]( four first-class seats at the front of its planes. The Denver-based airline will also boost loyalty perks (like free seat upgrades for top customers). Frontier’s CEO said the premiumization initiatives will be a game changer, expecting they’ll bring in about $250M in sales in 2026. More tiers, fewer tears… Frontier is just the latest budget carrier to tack on premium options to compete with bigger players. In July, bare-bones airline Spirit expanded to four fare tiers and introduced a perk-filled package that would include free Wi-Fi, a checked bag, and “unlimited” snacks and bevs (booze included). Like Frontier, Spirit’s trying to win over higher-paying customers, but the shift may’ve been too late: Spirit recently filed for bankruptcy. Meantime, Southwest plans to offer extra legroom and assigned seats to boost revenue. Budget airlines’ premium push comes as major carriers also expand tiers. - Big wings: Delta, United, and others have added budget-friendly fares (think: basic economy) to compete with low-cost airlines, but they’ve also expanded first-class spots and roomier seats (like economy plus). - Premium profits: While main-cabin seats vastly outnumber premium seats, last quarter Delta’s premium tickets made up nearly half its ticketing revenue. THE TAKEAWAY It’s time to fly upmarket… Budget airlines pressured major carriers to lower their fares, and now the “win by undercutting them on price” model isn’t working anymore. The likes of Spirit and Ryanair have struggled to capitalize on still booming revenge travel because they don’t have profitable fares like business class (Spirit hasn’t posted an annual profit since 2019). Now they’re trying to ditch their no-frills rep. [Read this online](   WORTH A READ [The next generation of great strategists aren’t bothering with chess or poker]( The future masters of the universe are ditching their grandparents’ strategy games and playing “Magic: The Gathering.” [Read more](.   Presented by State Street Global Advisors [Where do you want to go next?]( We can’t predict your future. But we can help you create the life you’re envisioning. Every day, millions of investors are turning their financial goals into reality with [ETFs like DIA,]( where you get 30 US blue chip stocks in a single trade. Wherever you’re heading, getting there starts here. [Get started.](3 Presented by State Street Global Advisors [Where do you want to go next?]( We can’t predict your future. But we can help you create the life you’re envisioning. Every day, millions of investors are turning their financial goals into reality with [ETFs like DIA,]( where you get 30 US blue chip stocks in a single trade. Wherever you’re heading, getting there starts here. [Get started.](3   What else we're Snackin' - Trump [nominated]( crypto-friendly lawyer Paul Atkins to serve as the next boss of the SEC. - Brian Thompson, the CEO of UnitedHealth Group’s insurance business, was [fatally shot]( in Midtown Manhattan on his company’s investor day. - Alex Mashinsky, the founder of collapsed crypto lender Celsius, [pleaded guilty]( to fraud. Celsius owed its users nearly $5B when it filed for bankruptcy in 2022. - Warner Bros.’ Max streamer is [testing]( always-on channels like HBO Comedy as the steady reinvention of cable marches on. - Foot Locker shares fell 9% yesterday after the sneaker seller [slashed]( its annual sales outlook on weak spending and steep discounting. - Data with destiny… Thousands of investors are looking to capitalize on the evolving data paradigm with [Atombeam’s tech](, which has the potential to send up to 4x more data over existing networks, securely. [Discover the offering — round is closing Dec 18](.2 Ad   Snack Fact of the Day [Americans spent $13.3B on Cyber Monday, the biggest online shopping day ever](   Thursday - Initial jobless claims - Earnings expected from Dollar General, TD Bank, Build-A-Bear Workshop, Signet Jewelers, Kroger, Lands’ End, Lululemon, DocuSign, Ulta, Hewlett Packard, and Victoria’s Secret Authors of this Snacks own bitcoin and shares of: Amazon, Apple, Delta, and Tesla Advertiser's disclosures: ² This is a paid advertisement for Atombeam’s Regulation A+ Offering. This Reg. A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. Please read the [Offering Circular]( and [related risks]( at [Atombeam’s webpage on StartEngine]( before investing. This was a paid for ad. Sherwood Media has been compensated for this ad by the Atombeam Reg A+ Campaign hosted on StartEngine. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion. Investing in private company securities is not suitable for all investors because it is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities. 3 All ETFs are subject to risk, including possible loss of principal. Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257, [download a prospectus or summary prospectus now](, or talk to your financial advisor. Read it carefully before investing. ALPS Distributors, Inc., member FINRA, is the distributor for SPY, a unit investment trust.   Was this email forwarded to you? Don’t miss out on future stories — [subscribe to Snacks]( and get your daily dose of financial news straight to your inbox. Craving more insights in your inbox? [Subscribe to Chartr and The Wrap]( for quality reads. Want to dive deeper with our podcast? Catch the latest episodes of Snacks Mix on # [Spotify]( or [Apple Podcasts](.   [Instagram]( [Twitter]( [Sherwood Logo]( Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate... [See more]( [Sherwood Terms and Conditions]( [Our Editorial Standards]( [Contact Us](mailto:hello@snacks.robinhood.com) [Advertise With Us](mailto:advertising@sherwoodmedia.com) [Unsubscribe]( [Privacy Policy](