Welcome to another edition of the TRU Capital newsletter.

Before we hop into our November recap we have some updates regarding TRU Capital Fund 1!

With alt season being right around the corner, we've decided to help more investors by adjusting our performance fees to be 2/20 across the board so we reap the gains together!

Not to produce too much FOMO for current markets, but right now is the time to be allocated to "alts" before returns go parabolic in this cycle starting in 2025!

If you want to speak to our team to help with your allocation... now is the time!

Some of the positions we've allocated to just in the past few weeks are up over 40%!

You don't want to miss out on what is to come, so to learn more and to book a time with our team click the button below

Click Here to Book a Call

Now with that said, let's hop right into it.

Here's what's TRU this month in crypto.

Trump won.

Bitcoin is testing resistance at $100k.

Altcoins are pumping.

President-Elect Donald Trump

A new use case for crypto has emerged this US election season, betting on the winner.

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Donald Trump has been elected the 47th President of the United States of America. When he appeared at the Bitcoin Conference in Nashville in 2024, he laid out an extensive list of promises to the Bitcoin and crypto community. You may review a complete list here. We are two months away from having a sitting President who holds Bitcoin and Ethereum, not to mention his own DeFi project and several NFT collections.

The entire digital asset class has been pumping non-stop since Trump's November 7th electoral victory.

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Microstrategy

Gigachad and Bitcoin Zealot, Michael Saylor has been laser-eyesing more Bitcoin as the bull run heats up. He has converted his enterprise software company Microstrategy into a self-styled "Bitcoin Treasury Company" and announced plans to raise $42 billion to buy more Bitcoin over the next three years. Microstrategy is targeting a raise of $21 billion in equity and $21 billion in fixed-income securities, called its "21/21 Plan."

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This chart shows Microstrategy's sustained outperformance since adopting the Bitcoin standard. On November, 19th, they completed a purchase of just under $5 billion of Bitcoin and brought their total holdings up to over 386,700 BTC.

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Altcoins Are Melting Faces

Bitcoin throttling to new all-time highs and holding its ground has brought a resurgence of capital into the altcoin market.

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This chart shows the market cap of altcoins in the last bull run vs. what might be expected in the current bull run.

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Conclusion

With so much bullish momentum and expected catalysts, it's hard not to feel bullish on the entire digital asset class for the next several months. This does not mean that we won't see multiple corrections along the way. Don't get shaken out by drops of 20-30 percent in the price of Bitcoin or alts. That's a normal part of any bull run.

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Stay Bullish,

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TeamAboutNewsletter

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