Digital assets A bitcoin mine.
Energy Valero’s refinery in Port Arthur, Texas.
Technology Racks of the Sierra supercomputer.
Dastra is a research company. We study markets, industry and technology, and write clear, sourced analysis for investors and the people who advise them.
Six areas, one way of working: from the public record to a plain answer, with every source named.
The trading floor of the New York Stock Exchange.
Where money goes and why: fund flows, holdings, prices and the rules that shape them.
Questions we work on
They hold for every piece of research we write, whoever it is for.
Our work begins with public records: company filings, official statistics and market data, read as they stood at the time.
Every figure says where it came from, so that any reader can check it.
Each piece says what the evidence cannot tell us, as plainly as what it can.
Short and direct, in plain English, for readers with decisions to make.
Every piece starts from many public records and ends in one written answer, which we come back to when the facts are in.
The public record on the question: filings, statistics, prices and statements.
One clear answer, with every figure and its source.
Each conclusion, checked against what happened.
Essays on how research should be done.
All writing
Our first essay: why we read filings and statistics as they stood at the time.
Why each number we publish says where it came from, so that a reader can check it.
Why we say what would change our minds, and return once events have had their say.
We take questions from investors, companies and the teams who advise them. Tell us what you follow and what you need to know.
