Refined Wealth Management Long-Term Concentrated

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RSP	INVESCO EXCHANGE TRADED FD T	3,162	$606	0.4%	$191.56	—	S&P500 EQL WGT	46137V357
VWO	VANGUARD INTL EQUITY INDEX F	9,677	$520	0.4%	$53.76	—	FTSE EMR MKT ETF	922042858
MSFT	MICROSOFT CORP	875	$423	0.3%	$500.58	0.0%	COM	594918104
VOT	VANGUARD INDEX FDS	1,143	$319	0.2%	$279.14	—	MCAP GR IDXVIP	922908538
VBK	VANGUARD INDEX FDS	942	$285	0.2%	$302.11	—	SML CP GRW ETF	922908595
BND	VANGUARD BD INDEX FDS	3,517	$261	0.2%	$74.07	—	TOTAL BND MRKT	921937835
AVGO	BROADCOM INC	581	$201	0.1%	$357.00	0.0%	COM	11135F101
BBBY/WS	BED BATH & BEYOND INC	41,161	$27	0.0%	$0.66	—	*W EXP 10/07/202	075896159

Increased Positions (12)

BITB BITWISE BITCOIN ETF TR 6.4%

Value ($000) $9,501 (-18.7%) Shares 199,766 (+6.4%) Est. Cost $41.75 Unrealized —

ENVX ENOVIX CORPORATION 4.0%

Value ($000) $5,906 (-25.9%) Shares 807,937 (+1.1%) Est. Cost $11.73 Unrealized -17.5%

VEA VANGUARD TAX-MANAGED FDS 1.1%

Value ($000) $1,571 (+219.6%) Shares 25,152 (+206.6%) Est. Cost $61.64 Unrealized —

QQQ INVESCO QQQ TR 10.6%

Value ($000) $15,742 (+7.1%) Shares 25,626 (+4.7%) Est. Cost $476.74 Unrealized —

XRPI VOLATILITY SHS TR 1.2%

Value ($000) $1,841 (-33.8%) Shares 174,132 (+8.3%) Est. Cost $16.77 Unrealized —

GLD SPDR GOLD TR 4.4%

Value ($000) $6,558 (+13.1%) Shares 16,547 (+1.5%) Est. Cost $171.84 Unrealized —

XMAG TIDAL TRUST II 0.5%

Value ($000) $780 (+129.5%) Shares 34,566 (+125.2%) Est. Cost $22.38 Unrealized —

NVDA NVIDIA CORPORATION 0.9%

Value ($000) $1,270 (+39.3%) Shares 6,810 (+39.4%) Est. Cost $119.37 Unrealized +55.9%

AMZN AMAZON COM INC 0.8%

Value ($000) $1,185 (+25.7%) Shares 5,132 (+19.5%) Est. Cost $141.61 Unrealized +61.6%

META META PLATFORMS INC 0.3%

Value ($000) $485 (+79.5%) Shares 735 (+99.7%) Est. Cost $641.93 Unrealized +4.0%

AAPL APPLE INC 0.6%

Value ($000) $873 (+20.3%) Shares 3,211 (+12.7%) Est. Cost $152.56 Unrealized +75.9%

TSLA TESLA INC 0.2%

Value ($000) $333 (+12.2%) Shares 741 (+10.9%) Est. Cost $315.27 Unrealized +40.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BITB	BITWISE BITCOIN ETF TR	199,766 (+6.4%)	$9,501 (-18.7%)	6.4%	$41.75	—	SHS BEN INT	09174C104
ENVX	ENOVIX CORPORATION	807,937 (+1.1%)	$5,906 (-25.9%)	4.0%	$11.73	-17.5%	COM	293594107
VEA	VANGUARD TAX-MANAGED FDS	25,152 (+206.6%)	$1,571 (+219.6%)	1.1%	$61.64	—	VAN FTSE DEV MKT	921943858
QQQ	INVESCO QQQ TR	25,626 (+4.7%)	$15,742 (+7.1%)	10.6%	$476.74	—	UNIT SER 1	46090E103
XRPI	VOLATILITY SHS TR	174,132 (+8.3%)	$1,841 (-33.8%)	1.2%	$16.77	—	XRP ETF	92864M780
GLD	SPDR GOLD TR	16,547 (+1.5%)	$6,558 (+13.1%)	4.4%	$171.84	—	GOLD SHS	78463V107
XMAG	TIDAL TRUST II	34,566 (+125.2%)	$780 (+129.5%)	0.5%	$22.38	—	DEFIANCE LARGE	88636R743
NVDA	NVIDIA CORPORATION	6,810 (+39.4%)	$1,270 (+39.3%)	0.9%	$119.37	+55.9%	COM	67066G104
AMZN	AMAZON COM INC	5,132 (+19.5%)	$1,185 (+25.7%)	0.8%	$141.61	+61.6%	COM	023135106
META	META PLATFORMS INC	735 (+99.7%)	$485 (+79.5%)	0.3%	$641.93	+4.0%	CL A	30303M102
AAPL	APPLE INC	3,211 (+12.7%)	$873 (+20.3%)	0.6%	$152.56	+75.9%	COM	037833100
TSLA	TESLA INC	741 (+10.9%)	$333 (+12.2%)	0.2%	$315.27	+40.6%	COM	88160R101

Exited Positions (1)

IBIT ISHARES BITCOIN TRUST ETF 0.2%

Value ($000) $228 Shares 3,510 Est. Cost $61.21 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IBIT	ISHARES BITCOIN TRUST ETF	3,510	$228	0.2%	$61.21	—	—	46438F101

Decreased Positions (5)

BIV VANGUARD BD INDEX FDS 5.1%

Value ($000) $7,638 (-3.9%) Shares 98,070 (-3.7%) Est. Cost $76.64 Unrealized —

TLT ISHARES TR 3.4%

Value ($000) $5,056 (-4.1%) Shares 58,006 (-1.6%) Est. Cost $104.71 Unrealized —

VCLT VANGUARD SCOTTSDALE FDS 3.4%

Value ($000) $5,063 (-3.7%) Shares 66,754 (-1.4%) Est. Cost $79.58 Unrealized —

FTSM FIRST TR EXCHANGE-TRADED FD 0.6%

Value ($000) $852 (-4.0%) Shares 14,209 (-4.1%) Est. Cost $59.93 Unrealized —

SUSA ISHARES TR 0.2%

Value ($000) $252 (+1.5%) Shares 1,812 (-1.1%) Est. Cost $109.17 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BIV	VANGUARD BD INDEX FDS	98,070 (-3.7%)	$7,638 (-3.9%)	5.1%	$76.64	—	INTERMED TERM	921937819
TLT	ISHARES TR	58,006 (-1.6%)	$5,056 (-4.1%)	3.4%	$104.71	—	20 YR TR BD ETF	464287432
VCLT	VANGUARD SCOTTSDALE FDS	66,754 (-1.4%)	$5,063 (-3.7%)	3.4%	$79.58	—	LG-TERM COR BD	92206C813
FTSM	FIRST TR EXCHANGE-TRADED FD	14,209 (-4.1%)	$852 (-4.0%)	0.6%	$59.93	—	FIRST TR ENH NEW	33739Q408
SUSA	ISHARES TR	1,812 (-1.1%)	$252 (+1.5%)	0.2%	$109.17	—	ESG OPTIMIZED	464288802

Unchanged Positions (18)

COIN COINBASE GLOBAL INC 8.9%

Value ($000) $13,233 Shares 58,518 Est. Cost $112.82 Unrealized +164.1%

BBBY BED BATH & BEYOND INC 1.5%

Value ($000) $2,279 Shares 417,346 Est. Cost $31.76 Unrealized -77.1%

VSGX VANGUARD WORLD FD 11.5%

Value ($000) $17,094 Shares 238,673 Est. Cost $56.98 Unrealized —

BNDX VANGUARD CHARLOTTE FDS 10.2%

Value ($000) $15,126 Shares 313,035 Est. Cost $51.96 Unrealized —

VTV VANGUARD INDEX FDS 8.3%

Value ($000) $12,372 Shares 64,777 Est. Cost $172.79 Unrealized —

VB VANGUARD INDEX FDS 2.5%

Value ($000) $3,654 Shares 14,167 Est. Cost $221.84 Unrealized —

ETN EATON CORP PLC 0.1%

Value ($000) $204 Shares 641 Est. Cost $311.92 Unrealized +13.6%

SRLN SSGA ACTIVE ETF TR 6.1%

Value ($000) $9,076 Shares 219,927 Est. Cost $45.43 Unrealized —

VOO VANGUARD INDEX FDS 0.8%

Value ($000) $1,233 Shares 1,966 Est. Cost $428.68 Unrealized —

GLDM WORLD GOLD TR 0.2%

Value ($000) $262 Shares 3,072 Est. Cost $65.52 Unrealized —

NULG NUSHARES ETF TR 0.8%

Value ($000) $1,223 Shares 12,510 Est. Cost $58.01 Unrealized —

VO VANGUARD INDEX FDS 2.6%

Value ($000) $3,878 Shares 13,363 Est. Cost $233.75 Unrealized —

UNP UNION PAC CORP 0.4%

Value ($000) $569 Shares 2,459 Est. Cost $202.01 Unrealized +12.5%

XSOE WISDOMTREE TR 0.2%

Value ($000) $236 Shares 6,048 Est. Cost $34.48 Unrealized —

URG UR-ENERGY INC 0.0%

Value ($000) $15 Shares 10,800 Est. Cost $1.42 Unrealized +4.6%

NXE NEXGEN ENERGY LTD 0.1%

Value ($000) $101 Shares 11,000 Est. Cost $4.80 Unrealized +83.8%

DNN DENISON MINES CORP 0.0%

Value ($000) $29 Shares 10,850 Est. Cost $1.41 Unrealized +92.8%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.3%

Value ($000) $432 Shares 860 Est. Cost $332.28 Unrealized +49.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
COIN	COINBASE GLOBAL INC	58,518	$13,233	8.9%	$112.82	+164.1%	COM CL A	19260Q107
BBBY	BED BATH & BEYOND INC	417,346	$2,279	1.5%	$31.76	-77.1%	COM	690370101
VSGX	VANGUARD WORLD FD	238,673	$17,094	11.5%	$56.98	—	ESG INTL STK ETF	921910725
BNDX	VANGUARD CHARLOTTE FDS	313,035	$15,126	10.2%	$51.96	—	TOTAL INT BD ETF	92203J407
VTV	VANGUARD INDEX FDS	64,777	$12,372	8.3%	$172.79	—	VALUE ETF	922908744
VB	VANGUARD INDEX FDS	14,167	$3,654	2.5%	$221.84	—	SMALL CP ETF	922908751
ETN	EATON CORP PLC	641	$204	0.1%	$311.92	+13.6%	SHS	G29183103
SRLN	SSGA ACTIVE ETF TR	219,927	$9,076	6.1%	$45.43	—	STATE STREET BLA	78467V608
VOO	VANGUARD INDEX FDS	1,966	$1,233	0.8%	$428.68	—	S&P 500 ETF SHS	922908363
GLDM	WORLD GOLD TR	3,072	$262	0.2%	$65.52	—	SPDR GLD MINIS	98149E303
NULG	NUSHARES ETF TR	12,510	$1,223	0.8%	$58.01	—	NUVEEN ESG LRGCP	67092P201
VO	VANGUARD INDEX FDS	13,363	$3,878	2.6%	$233.75	—	MID CAP ETF	922908629
UNP	UNION PAC CORP	2,459	$569	0.4%	$202.01	+12.5%	COM	907818108
XSOE	WISDOMTREE TR	6,048	$236	0.2%	$34.48	—	EM EX ST-OWNED	97717X578
URG	UR-ENERGY INC	10,800	$15	0.0%	$1.42	+4.6%	COM	91688R108
NXE	NEXGEN ENERGY LTD	11,000	$101	0.1%	$4.80	+83.8%	COM	65340P106
DNN	DENISON MINES CORP	10,850	$29	0.0%	$1.41	+92.8%	COM	248356107
BRK/B	BERKSHIRE HATHAWAY INC DEL	860	$432	0.3%	$332.28	+49.7%	CL B NEW	084670702