Michael Saylor reposted a tweet from TNorth, which stated that “Digital Credit is Bitcoin, refined.” The tweet also presented annualized volatility data for 2026 year-to-date: ASST + MSTR at 95%, Bitcoin at 45%, and SATA + STRC at 24%. TNorth commented that with the same raw material, structured finance sends the volatility to the common equity and strips it out of Digital Credit.