“No bitcoin treasury company has ever traded below its NAV for any sustained period.”

This is going to be either very good or very bad. 🍿

As nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgppamhxue69uhkummnw3ezumt0d5qs6amnwvaz7tmwdaejumr0dslpyxfw said if your company can not withstand an 80% drawdown, you need to change your business plan.