Are there any treasury-like companies that use their funds to LP USDC/<x> where <x> is the L1 token or WBTC or something? These LPs often have yield well above the borrow rate against bitcoin, and if you don't go too heavy with them you can basically rake in yield, pay off the loan against BTC really easily. Just keep them as a perpetual yield thing and pay off the relatively small interest rates against BTC. Am I nuts?

Constantly issuing stock is what makes people call MSTR a ponzi