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63 sats \ 4 replies \ @BlokchainB 21 Mar \ on: Publicly Traded Biotech Firm, Atai, Is Starting a Bitcoin Treasury Stacker_Stocks

Uh oh should we do a simply wall st breakdown of this business?

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406 sats \ 3 replies \ @gmd 21 Mar

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.

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42 sats \ 0 replies \ @BlokchainB 21 Mar

Yeah that’s my point even MSTR they aren’t a revenue generating beast and stacking bitcoin with excess savings

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42 sats \ 1 reply \ @BlokchainB 21 Mar

It’s an app that does quick and easy breakdowns of publicly traded companies

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104 sats \ 0 replies \ @gmd 21 Mar

ahh yeah i downloaded it before based on your recommendation... it's pretty good! I meant I'd never heard of Atai :P

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