Lol 😂😂

Where's Bro Down?

What say you, @JB ?

I’m pretty sure the underpants gnomes had it figured out…

It comes from the future increase of sats/share (the new future cashflows) How ? You sell none/low dilutive financial instruments like bonds that pay a coupon lower than the bitcoin CAGR. Why don't people just buy bitcoin ? Because they have to buy bonds by law. They are forced to buy bonds. They are also not allowed to buy bitcoin directly. This justifies the Mnav. One day when institutions will be allowed to buy bitcoin directly and not be forced to buy fiat bonds, the mNAV is going to go back to 1.00. In the meantime, btc treasury companies will outperform bitcoin. Thank you for your attention on this matter

Where does the mnav come from is the new where does the yield come from

My fav is Lubka sharing these posts before they’re dropped in the vibes cap management signal chat 😂

I text them to Lubka the minute I make them lol 😂

GMnav

@:P The perfect meme doesn't exi-

Never allow facts to stand in the way of a good story.

It's pretty simple, actually. It's equity. They have an unlimited supply of dollars to invest. You don't. Therefore, they will forever outperform. Math.

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Your name is HODL ahahaha sick