@comic@Strike@jackmallers@twentyone I'll save judgement for the rollup distro. If the valuation is realistic and Strike is growing at the pace that was previously disclosed, then that comp package won't look so terrible.
@ByteSideQuest@jackmallers No idea, I just know prepping for a roll up takes time. Audits, legal, valuations, etc.. negotiating between parties. It doesn't happen overnight. I stay long $XXI because @jackmallers continues to make clear, he's not going to be another $MSTR.
@Novanoodle5165@BTCsessions There is a huge difference between price sentiment and erroding stockholders equity. Sentiment can change with a single PR or filing.
Pretty sure they stated they were going to roll up Strike and Elecktron. Not sure what you mean by no communication. Takes time to put that together, plus market conditions are not exactly ripe for anything Bitcoin related right now. As long as stockholders equity stays where it is.. I've got patience.
@comic@jackmallers If you're trading a discount to your NAV and you need a PR boost. Seems like a win win. The bear cycle will eventually end and the narrative will change. When I start seeing negative bitcoin coverage on CNN, it ussually means the bottom is near lol.
Gotta zoom out and look at how treasuries are changing. Stable coin issuers are slowly becoming big buyers of treasuries. Stablecoins are becoming a big thing in hyperinflated economies. Bitcoin is the liquid pair that will allow the overall fiat system to endlessly print. Its all connected imho.