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am i wrong in my math? paying a 25% premium means an expectation that you think you will get back 25% at some future date?
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yes, that's wrong.
And also not what I was saying.
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pull down to refresh
am i wrong in my math? paying a 25% premium means an expectation that you think you will get back 25% at some future date?
yes, that's wrong.
And also not what I was saying.
no, at 1.25 mNAV Strategy is roughly a proxy for bitcoin exposure (the prefs and converts act as low-level leverage).