Bitcoin Treasury 2.0
The Durable DAT Thesis

A next generation Bitcoin Treasury Company with a business model built for long term durability and uncorrelated BTC accumulation in all markets

Our Thesis: Reinventing a Strategic Bitcoin Treasury

CATWIC is an innovative bitcoin treasury company designed for long term BTC accumulation that aims to do so in all market conditions. CATWIC builds atop the current treasury company structure, solving the inherent design flaw that forces an over dependence on trading at a premium and euphoric market conditions in order to accumulate bitcoin. The problem with today's bitcoin digital asset treasury companies (DATs) 1) Overreliance on on trading at a premium to create shareholder value 2) No underlying revenue generation or operating business (e.g. a leveraged passive exposure) 3) Require specific market conditions to use capital markets tools for efficient accumulation CATWIC's Thesis: Bitcoin Treasury Company 2.0 We believe in a better business model, without the reliance on a premium to thrive. We will aim to generate a premium for shareholders that is deserved, not required, in order to create long term BTC per share accumulation. To achieve this goal, we will look too combine three core pillars of accumulation.

The Bitcoin Treasury 2.0:
All Weather BTC Accumulation Strategy

Solving the issues plaguing legacy Bitcoin Treasury Companies, we believe shareholder value is created from three core drivers

Solving the issues plaguing legacy Bitcoin treasury companies

Perpetual: Unlocking Idle Bitcoin

1) Treasury Management: Internal BTC Yield

Exclusive treasury management accrues daily BTC yield from low-risk derivatives strategy

Targets +10% internal BTC-on-BTC yield

Targets +10% internal BTC-on-BTC yield

Low risk derivatives strategy, +4-year track record

Low risk derivatives strategy, +4-year track record

Tactical tool for M&A and debt free stock buybacks

Tactical tool for M&A and debt free stock buybacks

Bear market resilience, yield generation in all market conditions

Bear market resilience, yield generation in all market conditions

Phase I: Accretive DAT Acquisitions

2) Tactical DAT M&A

Acquire and consolidate subscale treasury companies and DATs, rolling BTC into treasury

Acquire subscale DATs unable to create shareholder value

Acquire subscale DATs unable to create shareholder value

Provide fair exits for stock holders and friendly deals for management

Provide fair exits for stock holders and friendly deals for management

Internal M&A team with +$22B of transactions completed

Internal M&A team with +$22B of transactions completed

Phase II: Uncorrelated Cashflow ♻ BTC

3) Revenue Operations Converting Cashflow to BTC

Acquire attractive, cashflow generative companies, converting dollars to BTC

Long term opportunity to acquire high cashflow businesses with equity

Long term opportunity to acquire high cashflow businesses with equity

Recycle USD earnings to BTC, sweeping into treasury

Recycle USD earnings to BTC, sweeping into treasury

Internal M&A team with +$22B of transactions completed

Internal M&A team with +$22B of transactions completed