The Bitcoin Treasury Playbook: Premiums, Dilution, and CEO Risk

Описание: Most people get Bitcoin through self custody or ETFs like IBIT. But there’s a third path: Bitcoin treasury companies. These are public companies that use Wall Street’s money to buy Bitcoin, often at massive scale.

In this episode, I break down:
• What a Bitcoin treasury company actually is
• The top holders today
• How they fund their Bitcoin stacks
• Why they can outperform Bitcoin in bull markets, and underperform in bear markets
• The risks they bring to the table

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