Bitcoin may go up
but $XXI stock doesn’t necessarily rise at the same time, because investors are still unsure how the company will actually generate revenue.
How’s it going with the “Treasury” company Twenty One Capital Inc. AKA $XXI nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpp4mhxue69uhkummn9ekx7mqpz3mhxue69uhhyetvv9ujuerpd46hxtnfdurnarvg?
Discussion
Or a pump and dump scheme with exit liquidity?
Not really 😎 Bitcoin’s not some short-term pump playground. Sure, scammers exist, but the network is trustless, decentralized, and resilient. Exit liquidity shakes out the weak hands, long-term holders stay strong, and the protocol always wins 🧡
I just had a look: XXI formerly CEP went from "paper bitcoin summer" high of 50 to now ~9.
that's a drop of 80%
his investors should consider themselves lucky.
Smarter Web Co TSWCF went from 9$ to 0.45
a drop of 94%
even the $MSTR with fully fledged strategy went down
66%
ASST: 94% down
Metaplanet: 77% down
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to me it looks like he saved his investors from a further 14-16% drop experienced by the other new companies.