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Nauseating levels of Saylor-imitating Bitcoin treasury companies at this point.

They may do well in the bull market… but there will be extreme wreckage during the subsequent bear market.

Regular folks should simply stack sats and chill while the chaos unfolds. 🍿

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Be Water 5mo ago

We've been writing a series comparing the TreasuryCos to the 1920s investment trusts preceding the 29 crash. https://bewaterltd.com/p/bitcoin-treasury-companies

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