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30 sats \ 0 replies \ @Scoresby OP 31 Jul \ parent \ on: Paper Bitcoin Summer - Economic Forces econ
The statement "since acquiring a treasury company would likely be cheaper than trying to acquire a large stock of bitcoin in the market" seems pretty difficult to evaluate.
If we can all imagine that acquiring a large stock of btc on the spot market might distort the price, wouldn't there be enough of a bid for the acquisition of bitcoin treasury companies that their stock also carries a premium?