Unless of course the nav goes below one in the next bear market...
Is it me, or is this all a bit off. Put all your bitcoin in a treasury company at a nav of 1, no capital gains to pay. Then go public at a nav above one and dump your shares on retail and buy more btc for yourself. All legal, but seems more like shitcoin / vc scam. Didn't have Adam Back, nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqg5waehxw309aex2mrp0yhxgctdw4eju6t0t25cfd via tether and others doing this. Or am i missing something. Anyway, i won't be buying
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