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21 sats \ 1 reply \ @denlillaapan OP 3 Nov \ parent \ on: Strategy’s Proud Return to Junk (Financial Times, Craig Coben) econ
yeah, I mean I'm being a little hyperbolic here but yes: I don't think Strategy's strategy(!) will pan out.
By which I mean:
  • mNAV will collapse to (slightly below) 1,
  • there won't be any (meaningful quantities of) institutional money coming, and
  • they'll be a listed zombie pot of bitcoin with a charismatic leader talking big words
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0 sats \ 0 replies \ @h6j5dhc567g 3 Nov
Yes, there are many calling for the second coming, so this ⬇️
Will be just a fart in the wind compared to the potential 600K+ maybe even a milly 🙉
Would be absolute mad times
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