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Scraped on 05/07/2025, 17:49:40 UTC
Quote from: Free Market Capitalist on July 05, 2025, 04:55:09 AM
Quote from: fillippone on July 04, 2025, 10:52:33 AM
It's interesting how many of them are trading at incredible premiums to NAV.
I bet there will be a lot of consolidations in the future.

There is nothing incredible there. I explained it to you in my previous comment.

What's so incredible about Metaplanet being at mNAV 5 when it has gone from having 4,000 bitcoins to 13,000 in the last 3 months? Whoever buys at mNAV 5 will surely be in profit in bitcoin exposure in less than 6 months at this rate.



Do you think the 1,050% BTC yield Metaplanet is achieving is sustainable in the long run?  I understand the mNAV Days to Cover is quite low, but is this a reliable metric for an investment?
Do you really think this is a senible way to get exposure to bitcoin?
Do you think this is a sensible way to get exposure to Bitcoin?

Maybe I am wrong, but this is a very speculative way (no moral judgment in this definition) to increase exposure to Bitcoin.
Original archived Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
Scraped on 05/07/2025, 17:45:08 UTC
Quote from: Free Market Capitalist on July 05, 2025, 04:55:09 AM
Quote from: fillippone on July 04, 2025, 10:52:33 AM
It's interesting how many of them are trading at incredible premiums to NAV.
I bet there will be a lot of consolidations in the future.

There is nothing incredible there. I explained it to you in my previous comment.

What's so incredible about Metaplanet being at mNAV 5 when it has gone from having 4,000 bitcoins to 13,000 in the last 3 months? Whoever buys at mNAV 5 will surely be in profit in bitcoin exposure in less than 6 months at this rate.



Do you think the 1,050% BTC yield Metaplanet is achieving is sustainable in the long run?
Do you really think this is a senible way to get exposure to bitcoin?