6 Comments
User's avatar
Zack Haldeman's avatar

Thank you for this well-written and insightful post.

Expand full comment
Be Water's avatar

Thank you for reading!

Expand full comment
Sven's avatar

Thank you for this! Very interesting history lesson - and very applicable to the present in a time where companies get nav premiums just for the announcement that they will issue debt to buy bitcoin - before even issuing the debt at all let alone buying bitcoin

Expand full comment
Aurelien Windenberger's avatar

Really interesting piece. I’m looking forward to reading part3 next.

Expand full comment
Cecil's avatar

Great article!

Expand full comment
Mike Fay's avatar

Loving this series. Great stuff! BTW, it's not a treasury company that buys treasury companies, but it's a 'fund of treasury companies' by one of the early characters in this Bitcoin saga: https://etfs.grayscale.com/bcor

Expand full comment