pull down to refresh
202 sats \ 1 reply \ @SimpleStacker 31 Jul \ on: Paper Bitcoin Summer - Economic Forces econ
Hmm, this is interesting. If acquiring the treasury company is cheaper than acquiring a large stock of Bitcoin in the market, wouldn't that make the investors losers because they aren't getting fully compensated for the market price of the bitcoin holdings that the treasury company has?
The segmentation is likely to persist in the near future, IMO. Still too many normies with anti bitcoin views.
The statement "since acquiring a treasury company would likely be cheaper than trying to acquire a large stock of bitcoin in the market" seems pretty difficult to evaluate.
If we can all imagine that acquiring a large stock of btc on the spot market might distort the price, wouldn't there be enough of a bid for the acquisition of bitcoin treasury companies that their stock also carries a premium?
reply