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5 sats \ 2 replies \ @BlokchainB OP 13h \ parent \ on: Fold (FLD) had a tremendous Q2 earnings call adds 10k new customer accounts Stacker_Stocks
Which pumps folds bags because they keep bitcoin on the balance sheet and Bitcoin is scarce
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65 sats \ 1 reply \ @byzantine 10h
you are right. good luck. i hope you make a ton on fold. am just putting out my research and opinions.
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0 sats \ 0 replies \ @BlokchainB OP 9h
I hear ya all investments can go to zero! I like reading your bearish case because you make really solid points. I wouldn’t be an investor if they didn’t have a bitcoin treasury. Plus me buying bitcoin equities is my strategy in going quadruple long into bitcoin. Equities is the 3rd step in the quadruple strategy.
Like I wonder if the spot Bitcoin price become so high how can average Joe and Janes stack sats ? Maybe through bitcoin holding equities. Once bitcoin hits sat/cent parity Bitcoin treasury companies will have high fiat valuations thus investors may allocate fiat to get the BTC exposure at a discount.
As you can see I am a hyper bull.
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