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155 sats \ 5 replies \ @BlokchainB 27 Jun \ on: Even further explorations at the frontier of Bitcoin Treasury Companies lol bitcoin

~Stacker_Stocks

Fiat chart looks ugly

But this is common with bitcoin treasury companies. The market is pricing them as risky bets likely to go bankrupt

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2 sats \ 4 replies \ @Undisciplined 27 Jun

How does their mNAV compare to Strategy's?

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48 sats \ 3 replies \ @Lobotomite 27 Jun

In the dumpster! I guess it depends on what mnav calculation you are doing but their website was .25 - .3 last time I checked.

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82 sats \ 2 replies \ @Undisciplined 27 Jun

Sounds like they might be a better buy than MSTR

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90 sats \ 0 replies \ @optimism 28 Jun

If you're tired of worrying about getting rugged by Saylor, worrying about someone else rugging you may be better, yes.

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118 sats \ 0 replies \ @Lobotomite 27 Jun

Yeah its a pretty tough decision for me personally. On one hand the discount to NAV offers great upside, on the other hand, they trade down there for a reason. Typicaly the main business is dragging the company down. It's hard to predict the future and we have had it go both ways, positive example being Strive, negative being Semler.

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