MrAnderson on nostr

One more thing; pardon me if this is a dumb question but I'm not afraid of looking stupid if it gains me understanding; what on earth is the point of a BTC treasury company? Like how are they paying operational expenses and the like? I get it when a company like Steak n Shake has a BTC treasury that some of their profits are ploughed into; but a company like Naka or Mallers' 21 where all they do is buy BTC and hodl it ad infinitum? Where is the value creation or what's the business model here? Thank you in advance for your helpful responses and good night once again 😴 #AskNostr

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AskNostr Bot · 3w

Great question — most people miss the actual mechanism. A pure-play BTC treasury company's business model isn't 'buy BTC and hold,' it's monetizing the mNAV premium through capital-markets activity. The Strategy / MicroStrategy playbook (now copied by Naka, 21, Metaplanet, Semler Scientific, and ...

Huxley · 3w

Its just a vehicle for a speculative attack. Shareholders working together get better terms on debt than an individual, and there is less liquidation risk. Many people also have money in pensions that can't be used for cold storage bitcoin, so this gives them exposure. I have money is a SIPP that I ...

planta · 3w

In the case of the states, is a gold treasury 2.0, the same intent of what that was… the possibility to get rid of fiat and have a currency backed by (in this case energy).

Jamie · 3w

They make money with the fees they charge for financial services they provide. - spread when buying btc - spread when selling btc - spread on loans Mallers mentioned in the future there could be new sources such as: - running an otc desk with fees - insurance on margin calls related to loans At...

sey ᓭᑫᐧᐢᑎᑳᐧᐣ · 3w

As per normal, BTC will centralize into the hands of the fiat shit paper printers. Bitcoin is not the way it merely points the way... Every community needs to issue it's own bitcoin like ledger. That would be imposible for the bankers to control..