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The only upside with bitcoin's price collapsing is that the tiresome treasury play is done for. That's worth celebrating.
I also think the treasury play is over extended but is it fair to call a rather common (in BTC land) 30-something-% pullback a "price collapse" and is that enough to truly wreck them? BTC price may recover quickly.
meh, a little hyperbolic, ok FINE I confess
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