Replying to Avatar mcshane

$MTPLF is a powder keg.

89% of float is locked in Tokyo, where 3350 hits limit up and halts daily.

TSE just doubled the price ceiling to ¥2,283.

US ticker is the only way in.

No sellers. No liquidity.

Bid: $10.83 | Ask: $17.08 | Last: $15.35

Even modest volume at open could gap this +30% in minutes.

It’s reflexive, it’s thin, and it wants to rip violently
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David 7mo ago

Bitcoin company treasury stocks is the new altcoin market 😊 - nothing, simply nothing beats Bitcoin in self custody.

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mcshane 7mo ago

more a question of allocation and risk tolerance.

took a risk and sold some btc for stonk one year ago. currently up over 10btc on stonk. will rotate it back to btc cold storage in time

risky but definitely outperformed. if it implodes i had fun and learned a lot

generally hard agree. lowest risk best play is buy and self custody btc

small allocation to treasuries to me is fun

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sauna 7mo ago

Yes cold storage is king.

BUT alt season isn’t the same thing as BTC treasuries.

BTC treasuries are monetizing volatility AND If someone offered you a zero percent loan wouldn’t you pile it into BTC with a 50% CAGR? I would.

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David 7mo ago

It was a joke