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0 sats \ 1 reply \ @denlillaapan OP 13h \ parent \ on: Why MSTR's Bitcoin Are Worth More Than Yours (Money Stuff, Matt Levine) econ
That's fair as a projected idea, but discounted back to present value and probability-adjusted? No way that explains 90% premium
Another way to frame it. How many companies trade at a multiple to their assets
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