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I would like to see what happens if they follow through on the logic of MSTR and actually sell bitcoin to buy shares when the mNAV inverts.

mNAV is inverted now. Their mNAV calculation is like BLS inflation rate calculation.

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And I’d like to see them sell bitcoin to buy shares until it gets back to par.

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That would be fun in a bear market.

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If the logic of the product is correct then it should be fine...

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