# Stylus Capital

Stylus Capital is a systematic crypto investment manager investing in digital assets since 2018.

## Site pages

- [Home](https://stylus.digital/): Firm, team, approach, thesis, investors, and media.
- [Insights](https://stylus.digital/insights): Public investment research.
- [Subscribe](https://stylus.digital/subscribe): Research and distribution subscription form.
- [Disclaimers](https://stylus.digital/disclaimers): Legal and investment disclaimers.
- [Privacy](https://stylus.digital/privacy): Information about website and subscription data practices.

## Research

- [Is Bitcoin the Ultimate Momentum Asset?](https://stylus.digital/is-bitcoin-the-ultimate-momentum-asset.md) — Eight years ago, our co-founder Burak Yenigun called Bitcoin the ultimate momentum asset: the only liquid asset with no fundamentals to anchor its price. In this research note, Burak and Robert Carver revisit that claim. Does the evidence support it? (Burak Yenigun, Robert Carver)
- [A Strategy for (Micro)Strategy](https://stylus.digital/a-strategy-for-microstrategy.md) — MicroStrategy trades at a premium to its bitcoin holdings, but buying bitcoin and shorting MSTR is not a free lunch. In this first research note, Robert Carver explores an alternative strategy, and walks through the real-world examples and frictions. (Robert Carver)