pull down to refresh
406 sats \ 3 replies \ @gmd 21 Mar \ parent \ on: Publicly Traded Biotech Firm, Atai, Is Starting a Bitcoin Treasury Stacker_Stocks
Never heard of them before. Here's a quick grok breakdown - still pre-revenue. ~100M in cash
Waiting for a large, established, growing, profitable company to make a statement by establishing a bitcoin treasury. Seems like a lot of these companies running the MSTR playbook are not terrific businesses hoping to get saved by BTC growth.
Yeah that’s my point even MSTR they aren’t a revenue generating beast and stacking bitcoin with excess savings
reply