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100 sats \ 1 reply \ @Scoresby OP 13h \ parent \ on: Further explorations at the frontier of Bitcoin Treasury Companies bitcoin
I think I was surprised that they ended up with any bitcoin at all. when I originally heard about them it reeked so badly of scam, I was a little pejorative in my writing.
I'm still very curious how these kinds of companies are holding their coins. My assumption is on an exchange or with a custodian like Anchorage. But I wonder if any will buck that trend.
I have admiration for your willingness to go through it and check it out, knowing that these are scams. I personally don't have the energy at the moment.
I was wondering why Mags was platforming this, but her bird app bio says she's an advisor there now. I guess gassing tires and hooking up your miners to that isn't deemed sexy anymore. I'll gladly be off-consensus on this though.
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