Accretion is the answer. If you study what MSTR has done, you can apply the same principle here. Every MSTR holder has more sats per share then yesterday, and the day before that, and so on and so on. Ask an AI about accretion to get there. Good luck :-)

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They don't have sats if they don't hold the keys, they have an IOU of sorts.

As long as stock holders are aware of that (and the risks/benefits of it), it can be a good way to get Bitcoin exposure via stocks.

🎯

Exactly, the languaging is misleading for people new to bitcoin. Makes it sound like by buying stock they will own bitcoin.

Lol no, they do not *have* more sats per share (either MSTR or XXI holders). They have an IOU to the fiat value of the sats per share of the bitcoin that the company has an IOU for since the bitcoin is held by custodians.

Good luck to you too ;)