1bda7e1f7396 -- 5mo Seeing David Bailey brag about top blasting a bn, which was actually not a bn, nor done on the timeline he set, should be a nice reminder. These are not proven management teams, or even prior public market participants. Before becoming a treasury co every shell or penny stock was trading at a discount for a reason. I for one am not taking the time to vet for skeletons when I could just own the underlying. Now my question is how low do we go before we start popping treasury companies? I understand it is cold hearted but I enjoyed buying the Luna, 2AC, FTX (etc) liquidation cascade and I would do it again if I got the chance. replySeeing David Bailey brag about top blasting a bn, which was actually not a bn, nor done on the timeline he set, should be a nice reminder. These are not proven management teams, or even prior public market participants. Before becoming a treasury co every shell or penny stock was trading at a discount for a reason. I for one am not taking the time to vet for skeletons when I could just own the underlying. Now my question is how low do we go before we start popping treasury companies? I understand it is cold hearted but I enjoyed buying the Luna, 2AC, FTX (etc) liquidation cascade and I would do it again if I got the chance.
thread · root 13c6f51f…a8cc · depth 3 · · selected 73a403c3…d6b3
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root 13c6f51f…a8cc · depth 3 · · selected 73a403c3…d6b3
many people went leverage long on bitcoin stocksthey are in shit right now and selling bitcoin to cover the lossesstay humble and stack sats
One of the notable reasons 2025 underperformed is a lot of Bitcoin capital was coaxed into buying expensiveTreasury company stocks, which then proceeded to decline by 90% or more, incinerating value.The firms didn't buy BTC volumes anywhere close to the amount investors gave them.Stay humble, stack sats, is the wisest meme in Bitcoin, and it comes from the experience of Bitcoiners who havealready learned this lesson.The new shinny thing is there to take your Bitcoin. Everybody is a scammer. The solution, is to stay humble, andstack sats.The promoters will return.Ignore them, they want your bitcoin.Stay humble, stack sats, and focus on your craft and family instead.note:13c6f51f…a8cc
Seeing David Bailey brag about top blasting a bn, which was actually not a bn, nor done on the timeline he set,should be a nice reminder. These are not proven management teams, or even prior public market participants.Before becoming a treasury co every shell or penny stock was trading at a discount for a reason. I for one amnot taking the time to vet for skeletons when I could just own the underlying.Now my question is how low do we go before we start popping treasury companies?I understand it is cold hearted but I enjoyed buying the Luna, 2AC, FTX (etc) liquidation cascade and I would doit again if I got the chance.
One of the notable reasons 2025 underperformed is a lot of Bitcoin capital was coaxed into buying expensive Treasury company stocks, which then proceeded to decline by 90% or more, incinerating value.
The firms didn't buy BTC volumes anywhere close to the amount investors gave them.
Stay humble, stack sats, is the wisest meme in Bitcoin, and it comes from the experience of Bitcoiners who have already learned this lesson.
The new shinny thing is there to take your Bitcoin. Everybody is a scammer. The solution, is to stay humble, and stack sats.
The promoters will return.
Ignore them, they want your bitcoin.
Stay humble, stack sats, and focus on your craft and family instead.
note:13c6f51f…a8cc