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7 sats \ 0 replies \ @daolin 17 Aug \ parent \ on: BM Big Read: Are Bitcoin Treasury Companies Just Another Fiat Game? (JB) econ
His strategy maximizes profit. And it wasn't designed in a vacuum. In large part, it works because other corporations are still ignoring Bitcoin. He would not have the opportunity to buy such massive amounts of Bitcoin with low interest debt, were it not for the fact that mainstream finance still regards it as digital beanie babies, which Bitcoin obviously is not. This is simply the market punishing the wrong decisions and rewarding the correct ones.