It is a levered play on bitcoin. It probably outperforms in the bull and underperforms in the bear.
125 sats \ 1 reply \ @kr OP 5 Mar
it also has the benefit of cash flow, which could be used to either grow the # of bitcoin per share or pay down debt without diluting shareholders over time.
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Yes, I am looking forward to seeing what they do in terms of "bitcoin development".
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