I don’t need help stacking sats, but if I did, and I still believed in fiat wrapped exposure, I’d probably get exposure to a Bitcoin treasury, but honestly, I don’t see why I’d consider anything other than Strategy; Michael Saylor’s playbook is years ahead of the curve, and there’s a lot of catching up to do.

I might not know how to value a Bitcoin treasury in fiat terms, but I do know how to value Bitcoin.

1 BTC = 1 BTC. Everything else is just noise.