/* Bull Strategy - $BSTR. Monochrome IR terminal. Mobile-first. */
@font-face{font-family:"Archivo";src:url("assets/fonts/archivo.woff2") format("woff2");font-weight:100 900;font-display:swap}
@font-face{font-family:"Inter Tight";src:url("assets/fonts/inter-tight.woff2") format("woff2");font-weight:100 900;font-display:swap}
@font-face{font-family:"Geist Mono";src:url("assets/fonts/geist-mono.woff2") format("woff2");font-weight:100 900;font-display:swap}

:root{
  --display:"Archivo","Inter Tight",system-ui,sans-serif;
  --ui:"Inter Tight",system-ui,sans-serif;
  --mono:"Geist Mono",ui-monospace,monospace;
  --bg:#000;
  --panel:#08080a;
  --panel2:#0d0d10;
  --line:rgba(244,244,242,.11);
  --line2:rgba(244,244,242,.20);
  --ink:#f4f4f2;
  --dim:rgba(244,244,242,.56);
  --dim2:rgba(244,244,242,.34);
  --premium:#eaeaee;
  --danger:#ff3b30;
  --up:#38e08a;
  --down:#ff5a4d;
  --maxw:1200px;
}
*{box-sizing:border-box;margin:0;padding:0}
html{-webkit-text-size-adjust:100%;scroll-behavior:smooth}
body{
  background:var(--bg);color:var(--ink);
  font-family:var(--ui);font-size:16px;line-height:1.5;
  font-feature-settings:"ss01","cv01";
  -webkit-font-smoothing:antialiased;overflow-x:hidden;
}
@media (prefers-reduced-motion:reduce){html{scroll-behavior:auto}*{animation-duration:.001ms!important;animation-iteration-count:1!important}}
a{color:inherit;text-decoration:none}
canvas{display:block}
code,.mono{font-family:var(--mono)}

/* film grain */
.grain{position:fixed;inset:0;z-index:1;pointer-events:none;opacity:.05;mix-blend-mode:screen;
  background-image:url("data:image/svg+xml;utf8,<svg xmlns='http://www.w3.org/2000/svg' width='120' height='120'><filter id='n'><feTurbulence type='fractalNoise' baseFrequency='0.9' numOctaves='2'/></filter><rect width='100%25' height='100%25' filter='url(%23n)'/></svg>")}

/* ---------- ticker tape ---------- */
.tape{position:sticky;top:0;z-index:40;height:32px;overflow:hidden;
  background:#000;border-bottom:1px solid var(--line);display:flex;align-items:center}
.tape-track{display:flex;gap:2.4rem;white-space:nowrap;padding-left:100%;
  animation:tape 34s linear infinite;font-family:var(--mono);font-size:12px;letter-spacing:.02em}
@keyframes tape{to{transform:translateX(-100%)}}
.tape .t{color:var(--dim)}
.tape .t b{color:var(--ink);font-weight:600}
.tape .t.pos b{color:var(--up)}
.tape .t.neg b{color:var(--down)}

/* ---------- masthead ---------- */
.mast{position:sticky;top:32px;z-index:39;display:flex;align-items:center;gap:1rem;
  padding:.7rem clamp(14px,4vw,40px);background:rgba(0,0,0,.86);backdrop-filter:blur(10px);
  border-bottom:1px solid var(--line)}
.brand{display:flex;align-items:center;gap:.6rem;flex-shrink:0}
.brand-bull{height:26px;width:auto;filter:drop-shadow(0 0 1px rgba(255,255,255,.3))}
.brand-word{font-family:var(--display);font-weight:800;font-size:20px;letter-spacing:-.01em;line-height:1;display:flex;flex-direction:column}
.brand-word em{font-style:normal;font-family:var(--mono);font-weight:500;font-size:8.5px;letter-spacing:.28em;color:var(--dim);text-transform:uppercase;margin-top:2px}
.mast-nav{display:none;margin-left:auto;gap:1.4rem;font-size:13.5px;color:var(--dim)}
.mast-nav a:hover{color:var(--ink)}
.mast-cta{display:flex;align-items:center;gap:.5rem;margin-left:auto}
.ca{display:none;align-items:center;gap:.5rem;background:var(--panel);border:1px solid var(--line);
  color:var(--dim);font-family:var(--mono);font-size:11px;padding:.45rem .6rem;cursor:pointer;transition:.15s}
.ca:hover{border-color:var(--line2);color:var(--ink)}
.ca span{color:var(--dim2);font-weight:600}
.ca code{max-width:120px;overflow:hidden;text-overflow:ellipsis;white-space:nowrap}
.buy{background:var(--ink);color:#000;font-weight:700;font-size:13.5px;padding:.5rem .9rem;
  border:1px solid var(--ink);white-space:nowrap;transition:.15s}
.buy:hover{background:#fff;box-shadow:0 0 24px rgba(255,255,255,.25)}
.buy.big{font-size:16px;padding:.85rem 1.5rem}

/* ---------- shared ---------- */
main{position:relative;z-index:2}
section{max-width:var(--maxw);margin:0 auto;padding:clamp(48px,9vw,110px) clamp(16px,4vw,40px)}
.sec-h{max-width:640px;margin-bottom:clamp(28px,4vw,52px)}
.sec-n{font-family:var(--mono);font-size:12px;color:var(--dim2);letter-spacing:.1em}
.sec-h h2{font-family:var(--display);font-weight:800;font-size:clamp(28px,5.5vw,46px);
  line-height:1.02;letter-spacing:-.02em;margin:.3rem 0 .7rem}
.sec-h p{color:var(--dim);font-size:clamp(14.5px,1.7vw,16.5px);max-width:60ch}

/* ---------- hero ---------- */
.hero{display:grid;gap:clamp(30px,5vw,64px);grid-template-columns:1fr;align-items:center;
  padding-top:clamp(40px,7vw,76px);padding-bottom:clamp(40px,7vw,80px)}
.kicker{display:flex;align-items:center;gap:.7rem;font-family:var(--mono);font-size:11.5px;
  letter-spacing:.22em;color:var(--dim);text-transform:uppercase}
.kicker .dot{font-size:9.5px;letter-spacing:.14em;color:var(--danger);border:1px solid var(--danger);
  padding:.15rem .4rem;border-radius:2px}
.hero h1{font-family:var(--display);font-weight:900;font-size:clamp(38px,8.4vw,80px);
  line-height:.98;letter-spacing:-.035em;margin:1.1rem 0}
.hero h1 .u{position:relative;white-space:nowrap}
.hero h1 .u:after{content:"";position:absolute;left:0;right:0;bottom:.06em;height:.07em;background:var(--ink)}
.lede{color:var(--dim);font-size:clamp(15px,2vw,18.5px);max-width:52ch;line-height:1.55}
.hero-actions{display:flex;flex-wrap:wrap;gap:.8rem;margin:1.8rem 0 1.2rem}
.ghost{display:inline-flex;align-items:center;padding:.85rem 1.3rem;border:1px solid var(--line2);
  font-weight:600;font-size:15px;color:var(--ink);transition:.15s}
.ghost:hover{background:var(--panel);border-color:var(--ink)}
.hero-quote{font-family:var(--mono);font-size:13px;color:var(--dim);letter-spacing:.01em}
.hero-quote span{color:var(--dim2)}

.hero-gauge{position:relative;border:1px solid var(--line);background:
  radial-gradient(120% 80% at 50% 0%,rgba(255,255,255,.04),transparent 60%),var(--panel);
  padding:clamp(18px,3vw,26px);overflow:hidden}
.gauge-head{display:flex;align-items:baseline;justify-content:space-between;
  font-family:var(--mono);font-size:12px;letter-spacing:.16em;color:var(--dim);text-transform:uppercase}
.gauge-head b{font-family:var(--display);font-weight:800;font-size:clamp(30px,6vw,46px);
  letter-spacing:-.02em;color:var(--premium);transition:color .4s;text-transform:none}
.gauge-head b.red{color:var(--danger)}
.gauge-cv{width:100%;height:170px;margin:.4rem 0 .2rem}
.gauge-foot{font-family:var(--mono);font-size:11px;color:var(--dim2);text-align:center}
.hero-bull{position:absolute;right:-6%;bottom:-8%;width:56%;opacity:.06;pointer-events:none;
  transform:scaleX(-1)}

/* ---------- flywheel ---------- */
.fly-wrap{display:grid;grid-template-columns:1fr;gap:clamp(24px,4vw,48px);align-items:center}
.fly-cv{width:100%;height:min(78vw,340px);max-width:400px;margin:0 auto}
.fly-steps{list-style:none;display:grid;gap:.7rem;counter-reset:s}
.fly-steps li{position:relative;padding:.9rem 1rem .9rem 3rem;border:1px solid var(--line);
  background:var(--panel);font-size:14.5px;color:var(--dim);counter-increment:s}
.fly-steps li:before{content:"0" counter(s);position:absolute;left:1rem;top:.9rem;
  font-family:var(--mono);font-size:12px;color:var(--dim2)}
.fly-steps li b{display:block;color:var(--ink);font-weight:700;font-size:15.5px;margin-bottom:.15rem}
.fly-warn{margin-top:2rem;padding:1rem 1.2rem;border-left:2px solid var(--danger);
  background:rgba(255,59,48,.05);color:var(--dim);font-size:14px;max-width:70ch}

/* ---------- treasury / kpis ---------- */
.kpis{display:grid;grid-template-columns:repeat(2,1fr);gap:12px}
.kpi{position:relative;border:1px solid var(--line);background:var(--panel);padding:1rem 1.05rem 1.1rem;overflow:hidden}
.kpi.big{grid-column:1/-1;min-height:150px}
.kl{display:flex;align-items:center;gap:.4rem;font-family:var(--mono);font-size:10.5px;
  letter-spacing:.08em;color:var(--dim);text-transform:uppercase}
.kl i{font-style:normal;width:14px;height:14px;border:1px solid var(--line2);border-radius:50%;
  display:inline-flex;align-items:center;justify-content:center;font-size:9px;color:var(--dim2);cursor:help;position:relative}
.kl em{position:absolute;left:0;top:120%;z-index:20;width:220px;padding:.55rem .7rem;font-style:normal;
  font-family:var(--ui);font-size:12px;letter-spacing:0;text-transform:none;color:var(--ink);
  background:#141418;border:1px solid var(--line2);opacity:0;visibility:hidden;transition:.15s;pointer-events:none;line-height:1.4}
.kl i:hover em{opacity:1;visibility:visible}
.kv{display:block;font-family:var(--display);font-weight:800;font-size:clamp(24px,4.5vw,34px);
  letter-spacing:-.02em;margin:.5rem 0 .1rem;font-variant-numeric:tabular-nums}
.kpi.big .kv{font-size:clamp(30px,6vw,46px)}
.kv.pos{color:var(--up)}
.ksub{font-family:var(--mono);font-size:11px;color:var(--dim2)}
.kchart{position:absolute;right:0;bottom:0;width:60%;height:56px;opacity:.85}

.ledger{margin-top:14px;border:1px solid var(--line);background:var(--panel);padding:1rem 1.05rem 1.2rem}
.ledger-h{display:flex;flex-wrap:wrap;align-items:baseline;gap:.6rem;margin-bottom:.4rem}
.ledger-h h3{font-family:var(--display);font-weight:700;font-size:16px}
.ledger-h span{font-family:var(--mono);font-size:11px;color:var(--dim2)}
.ledger-cv{width:100%;height:clamp(160px,26vw,230px)}

/* ---------- credit stack ---------- */
.stack-grid{display:grid;grid-template-columns:1fr;gap:12px}
.tier{position:relative;border:1px solid var(--line);background:var(--panel);padding:1.1rem 1.2rem;
  display:grid;grid-template-columns:1fr auto;gap:.4rem 1rem;align-items:start;transition:.15s}
.tier:hover{border-color:var(--line2);background:var(--panel2)}
.tier-key{font-family:var(--display);font-weight:800;font-size:22px;letter-spacing:-.01em}
.tier-model{font-family:var(--mono);font-size:10.5px;color:var(--dim2);letter-spacing:.05em}
.tier-rate{font-family:var(--display);font-weight:800;font-size:26px;text-align:right;font-variant-numeric:tabular-nums}
.tier-blurb{grid-column:1/-1;color:var(--dim);font-size:13.5px;line-height:1.45;margin-top:.3rem}
.tier-tags{grid-column:1/-1;display:flex;flex-wrap:wrap;gap:.4rem;margin-top:.5rem}
.tag{font-family:var(--mono);font-size:10px;letter-spacing:.04em;color:var(--dim);
  border:1px solid var(--line);padding:.2rem .45rem;text-transform:uppercase}
.tag.conv{color:#000;background:var(--ink);border-color:var(--ink);font-weight:700}
.tag.senior{color:var(--premium);border-color:var(--line2)}
.ladder{margin-top:16px;display:flex;flex-direction:column;border:1px solid var(--line)}
.rung{display:flex;align-items:center;justify-content:space-between;padding:.55rem 1rem;
  border-bottom:1px solid var(--line);font-family:var(--mono);font-size:12px;color:var(--dim)}
.rung:last-child{border-bottom:0}
.rung b{color:var(--ink);font-weight:600}
.rung.head{background:var(--panel);color:var(--dim2);letter-spacing:.08em;text-transform:uppercase;font-size:10px}
.rung.common{background:rgba(255,255,255,.03)}

/* ---------- bond desk ---------- */
.desk{display:grid;grid-template-columns:1fr;gap:14px;border:1px solid var(--line);background:var(--panel)}
.desk-controls{padding:1.2rem;display:grid;gap:1.1rem;border-bottom:1px solid var(--line)}
.tiers{display:grid;grid-template-columns:repeat(4,1fr);gap:6px}
.tier-btn{font-family:var(--mono);font-size:12px;font-weight:600;padding:.6rem .3rem;
  background:transparent;border:1px solid var(--line);color:var(--dim);cursor:pointer;transition:.12s;text-align:center}
.tier-btn:hover{border-color:var(--line2);color:var(--ink)}
.tier-btn.on{background:var(--ink);color:#000;border-color:var(--ink)}
.fld{display:grid;gap:.4rem;font-family:var(--mono);font-size:11px;letter-spacing:.08em;
  color:var(--dim);text-transform:uppercase}
.fld input[type=number]{font-family:var(--display);font-weight:700;font-size:22px;color:var(--ink);
  background:var(--panel2);border:1px solid var(--line);padding:.5rem .7rem;width:100%}
.fld input[type=number]:focus{outline:none;border-color:var(--ink)}
.fld input[type=range]{-webkit-appearance:none;appearance:none;width:100%;height:2px;background:var(--line2);margin-top:.5rem}
.fld input[type=range]::-webkit-slider-thumb{-webkit-appearance:none;width:16px;height:16px;background:var(--ink);cursor:pointer;border-radius:0}
.fld input[type=range]::-moz-range-thumb{width:16px;height:16px;background:var(--ink);cursor:pointer;border:0;border-radius:0}
.fld output{font-family:var(--display);font-weight:700;font-size:18px;color:var(--ink);text-transform:none;letter-spacing:0}
.conv-only.hide{display:none}
.desk-out{padding:1.2rem;display:grid;gap:1rem}
.payoff{display:grid;gap:.7rem}
.po-row{display:flex;align-items:baseline;justify-content:space-between;gap:1rem;
  padding-bottom:.7rem;border-bottom:1px solid var(--line)}
.po-row .lab{font-size:13.5px;color:var(--dim)}
.po-row .val{font-family:var(--display);font-weight:800;font-size:clamp(18px,3vw,24px);
  font-variant-numeric:tabular-nums;text-align:right}
.po-row .val small{display:block;font-family:var(--mono);font-weight:400;font-size:11px;color:var(--dim2)}
.po-row.up .val{color:var(--up)}
.po-row.down .val{color:var(--down)}
.payoff-cv{width:100%;height:clamp(130px,20vw,170px);border:1px solid var(--line);background:#050506}

/* ---------- plan ---------- */
.plan-bars{display:grid;gap:1.4rem;max-width:820px}
.pbar{display:grid;gap:.5rem}
.pbar-h{display:flex;justify-content:space-between;align-items:baseline;font-family:var(--mono);font-size:12px;color:var(--dim)}
.pbar-h b{font-family:var(--display);font-weight:700;font-size:15px;color:var(--ink);text-transform:uppercase;letter-spacing:.02em}
.pbar-track{height:26px;border:1px solid var(--line2);background:var(--panel);position:relative;overflow:hidden}
.pbar-fill{height:100%;background:var(--ink);width:0;transition:width 1.2s cubic-bezier(.2,.8,.2,1)}
.pbar-fill.alt{background:repeating-linear-gradient(90deg,var(--ink) 0 8px,transparent 8px 12px)}
.pbar-track span{position:absolute;right:.5rem;top:50%;transform:translateY(-50%);
  font-family:var(--mono);font-size:11px;color:var(--dim);mix-blend-mode:difference}

/* ---------- chairman ---------- */
.letter-card{position:relative;max-width:760px;margin:0 auto;border:1px solid var(--line);
  background:var(--panel);padding:clamp(28px,5vw,60px);overflow:hidden}
.letter-bull{position:absolute;right:-4%;top:-10%;width:44%;opacity:.05;transform:scaleX(-1)}
.letter-card h2{font-family:var(--display);font-weight:800;font-size:clamp(26px,4vw,38px);margin:.4rem 0 1.4rem;letter-spacing:-.02em}
.letter-card p{color:var(--dim);font-size:clamp(15px,1.9vw,17.5px);line-height:1.65;margin-bottom:1rem;max-width:58ch;position:relative}
.letter-card .sign{font-family:var(--mono);font-size:13px;color:var(--ink);margin-top:1.6rem}

/* ---------- footer ---------- */
.foot{border-top:1px solid var(--line);background:#040405;position:relative;z-index:2}
.foot-risk{max-width:var(--maxw);margin:0 auto;padding:clamp(36px,6vw,64px) clamp(16px,4vw,40px) 1.4rem}
.foot-risk h4{font-family:var(--mono);font-size:11px;letter-spacing:.14em;text-transform:uppercase;color:var(--danger);margin-bottom:.7rem}
.foot-risk p{color:var(--dim2);font-size:12.5px;line-height:1.6;max-width:92ch}
.foot-ends{max-width:var(--maxw);margin:0 auto;padding:1.4rem clamp(16px,4vw,40px);
  display:flex;flex-wrap:wrap;gap:1.2rem;align-items:center;justify-content:space-between;border-top:1px solid var(--line)}
.foot-brand{display:flex;align-items:center;gap:.55rem}
.foot-brand img{height:22px}
.foot-brand b{font-family:var(--display);font-weight:800;font-size:18px}
.foot-brand span{font-family:var(--mono);font-size:10px;letter-spacing:.2em;text-transform:uppercase;color:var(--dim2)}
.foot-links{display:flex;gap:1.2rem;font-family:var(--mono);font-size:12px;color:var(--dim)}
.foot-links a:hover{color:var(--ink)}
.foot-ca{display:flex;align-items:center;gap:.6rem;font-family:var(--mono);font-size:11px;color:var(--dim2)}
.foot-ca button{background:var(--panel);border:1px solid var(--line);color:var(--dim);
  font-family:var(--mono);font-size:11px;padding:.4rem .55rem;cursor:pointer;max-width:220px;overflow:hidden}
.foot-ca button:hover{color:var(--ink);border-color:var(--line2)}
.foot-ca code{overflow:hidden;text-overflow:ellipsis;white-space:nowrap}
.foot-canary{max-width:var(--maxw);margin:0 auto;padding:.8rem clamp(16px,4vw,40px) 2.4rem;
  font-family:var(--mono);font-size:10.5px;color:var(--dim2);letter-spacing:.04em}

/* ---------- toast ---------- */
.toast{position:fixed;left:50%;bottom:24px;transform:translate(-50%,140%);z-index:9000;
  background:var(--ink);color:#000;font-family:var(--mono);font-size:12px;font-weight:600;
  padding:.6rem 1rem;transition:transform .3s cubic-bezier(.2,.9,.2,1)}
.toast.show{transform:translate(-50%,0)}

/* ---------- responsive ---------- */
@media(min-width:640px){
  .kpis{grid-template-columns:repeat(3,1fr)}
  .stack-grid{grid-template-columns:repeat(2,1fr)}
  .desk{grid-template-columns:1fr 1fr}
  .desk-controls{border-bottom:0;border-right:1px solid var(--line)}
}
@media(min-width:900px){
  .mast-nav{display:flex}
  .ca{display:flex}
  .hero{grid-template-columns:1.05fr .95fr}
  .fly-wrap{grid-template-columns:.9fr 1.1fr}
  .gauge-cv{height:200px}
  .kpis{grid-template-columns:repeat(3,1fr)}
}