At this point treasury companies doing what they do is well-worn, and we'll see how it all shakes out in the end (#1019584, #1019573). But that's a question for later.
A question for now is: how much is this insanity propping up the price? Everyone keeps asking how there are all these ETF inflows, and Saylor is buying this staggering amount, and other companies are copying him, and there are conferences in Washington, and the President keeps talking about it, and the price is only a little bit up? With literally everything going right?
What happens when the music stops?