Sell SOFI by Aug 6, 2026.

**TL;DR: SoFi's Q1 2026 10-Q, released yesterday, quietly added a previously missing GAAP disclosure that confirms at least $1B of historical fair-value overvaluation, of which at least $625M is still to release. They added the disclosure without any public acknowledgments that normally come with correcting a prior reporting gap. Separately, credit card data in the 10-Q and in a new federal Uniform Bank Performance Report shows a distressed portfolio: increasing reliance on subprime borrowers, 97th percentile worst among similar banks …