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A deeper dive into what Pomp of Block Fi Infamy is planning with his new venture.
Previous SN posts about this topic: #1013762 #1014518
Adam does a good job explaining what the Pomp and his team are actually trying to do:

The deal snapshot

The Accumulation Strategy

Stack Math

Pomp’s influence

Valuations

Risk

The speculative attack is playing out in front of our eyes! Love it or hate it these bitcoin treasury companies are coming for your Bitcoin! Will you sell to them? As the price rises more sellers will part with their sats.
Shoutout to Adam for breaking this down to a level to where I can understand and post here to SN!
all this makes mstr look tame
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