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Today might be a good day for the Bitcoin treasury companies. LEAP $1 calls for NAKA and ASST are still under $1.00 per contract. The market is super bearish on these companies.
But look at the balance sheets of these companies
No debt and they aren’t paying dividends. With all the bitcoin they have they won’t become forced sellers anytime soon.
Manage your risk accordingly! If you are risk adverse or hate trying to get more fiat to buy more bitcoin then stay away from these trades be humble and stack.
With all the bitcoin they have they won’t become forced sellers anytime soon. famous last words... VERY careful with that
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Absolutely! Not like I’m dumping bitcoin to get into these plays
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279 sats \ 1 reply \ @denlillaapan 3h
what bitcoin?
I don't have any; sold/lost them all to ape in on $NAKA at $25.
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Hahaha
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I scalped NAKA from $10 to $15 then re-bought at $4 with just the profits... would be content to run at $5 to start some xmas shopping.
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