Not a bubble at all. I think you are wrong on this one.

It's the beggining of the supercycle

The risk of these companies' custodian losing bitcoin is there. So I agree don't over allocate.

Though I trust Saylor in being bulletproof solide on the custodian side.

Same for Metaplanet wirh Dylan Leclair

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Trust is solved. Because you cant. Thats the invention. Thank you satoshi 🧡

Yes exactly 90%+ self custody 10% btc treasury companies (aka shitcoins)