Whenever you hear me say โitโs a bubbleโ in regard to treasury companies Iโm talking about the specific activity happening around treasury companies and not Bitcoin itself.
I mean bro they are putting podcasters on corporate boards lol like itโs a bubble. ๐
Cโmon. Itโs a bubble. ๐
Going to be interesting to watch for sure. Everyone and their brother wants to be a treasury now.
At the same time this is also true
Yes, a beautiful bubble. They are going to mash the BTC price up to 400k this cycle and then the shitty ones are going to get liquidated when the price drops to 300k pulling us back to 150k. Then next cycle the governments and mega corporations push us to the inflection point.
I mean Dylan Leclair and Metaplanet delivered exceptionnal result. They have extremely low leverage. It's the best arbitrage play in the world in the biggest fiat bubble country in the world.
They only risk I see is they lose their bitcoin. Their custodian. I think that risk is extremely low though.
The big bubble isn't buying bitcoin with profits it is the leverage and debt issuance to buy that is the bubble.
I have been taking out Square buisness loans, buying bitcoin and then letting the business pay off the loan over daily sales. This simple strategy has aquired a nice stack for the LLC and sits in no debt as I responsibly pay the loan back with profits before doing it again.
I am content to not take any leverage now. After the pop, I am backing up a dumptruck of fiat.
Fiat Dumptruck is a great name for a band.
They will run out of suit wearing Bitcoin Influencers. 
My thoughts exactly. Stay far away
To be fair, some podcasters are probably more qualified than the current board members of some companies.
Haha yeah when I heard that happened- latest podcaster, not to be mentioned, I couldn't believe it. I mean I've heard him talk, he's fine, but are you fucking kidding me man?
podcasters are pumping โno keys, no coinsโ - what could go wrong ๐
