Monday Bitcoin

Thesis

Accumulate Bitcoin through weekly spot purchases and benefit if its price rises.

Strategy

• Monday buys: Buy UBTC, Bitcoin on Hyperliquid, once each Monday in UTC on the first run that day. • Sizing: Use 10% of remaining allocated USDC by default, raised to the $10 order minimum with a 1% price buffer when needed. • Holding: Keep purchased UBTC without automatic selling, and continue Monday purchases until stopped.

Exposure

• Holds: Bitcoin and USDC — Spot Bitcoin as UBTC and unspent allocated USDC. • Venue: Hyperliquid spot — UBTC and allocated USDC stay on HyperCore. • Leverage: None — Buys UBTC outright without borrowing. • Costs: Spot trading fees — Pays Hyperliquid fees on each purchase, with no funding payments. • Data: Circuit — Supplies UBTC prices and tradable order sizes. • On unwind: UBTC and USDC — Stops future purchases and leaves spot holdings unchanged.