Replying to Avatar ck

Wtf The Depository Trust Company is giving no value to collateral that includes bitcoin as an underlying asset.

You can find the pdf of the update on their website. https://www.dtcc.com

They are throwing the entire centralized kitchen sink at Bitcoin.

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Trey Walsh 1y ago 💬 1

Does this reverse anything for Saylor/MSTR? I’m confused here

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Séimí Mac Síomón 1y ago 💬 1

😒 You and me both.

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paulo 1y ago

This means that there’s going to be no borrowing against your Bitcoin ETF holdings. It officially is given 0 value as collateral.