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22 sats \ 2 replies \ @nelom 13h \ parent \ on: Strategy’s Proud Return to Junk (Financial Times, Craig Coben) econ
Ergo, Strategy is doomed. Nice try, but game over
I'm not into any of that treasury stuff, but wait, what?! You think Strategy is doomed to fail?!
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21 sats \ 1 reply \ @denlillaapan OP 13h
yeah, I mean I'm being a little hyperbolic here but yes: I don't think Strategy's strategy(!) will pan out.
By which I mean:
  • mNAV will collapse to (slightly below) 1,
  • there won't be any (meaningful quantities of) institutional money coming, and
  • they'll be a listed zombie pot of bitcoin with a charismatic leader talking big words
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0 sats \ 0 replies \ @nelom 13h
Yes, there are many calling for the second coming, so this ⬇️
Will be just a fart in the wind compared to the potential 600K+ maybe even a milly 🙉
Would be absolute mad times
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