IPO moment sounds plausible but for someone who has been obsessed with Bitcoin since 2017, The narrative has recently done a 180 degree turn.
We went from not your keys not your coins to let someone else buy and hold the Bitcoin so you
can get a steady yield. We went from stacking sats to treasury company’s are an amplified version of Bitcoin.
I don’t think it’s an IPO moment, I think it’s a “we lost the narrative” moment.