Bought a buchh of FLD today. They have a lot of bitcoin on their balance sheet and launching a new bitcoin credit card soon. I do hate that they keep delaying the cc launch and using it to sell memberships. Imo it’s a cheesy marketing but anyway, i think they’ll do well when btc hits $1m, hopefully soon. It’s crazy to me that block still doesn’t have bitcoin credit card. I also own xyz but no excitement whatsoever. Imagine block launching 3% bitcoin-back credit card. No idea what’sstopping nostr:nprofile1qqsgydql3q4ka27d9wnlrmus4tvkrnc8ftc4h8h5fgyln54gl0a7dgspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqfnwaehxw309ah8wcewwpexjmtpdshxuet59ashjan2d3jkjmrd0qcxzmphdge8qut5xg68zetyx9arwcfcwvmu86vm
Discussion
I was thinking this exact same thing today… Their marketing is absolutely cringe but the underlying value prop combined with >1,000 BTC is really solid. Nobody, even in the bitcoin space, seems to be talking about this. Which makes me think this might be a steal at $5/share
$200m market cap for 1000+ btc. come'on! imo, they'll do very well.