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explainer on treasury companies with some nice graphics for those of you who can’t read
24.7. klo 07.32
Since 2020, @MicroStrategy has outperformed Bitcoin itself (27.6x vs 8.5x), inspiring a new wave of micro-cap shell companies to adopt crypto treasuries.
@zkHopium broke down the strategies these companies use to acquire crypto, and whether these ponzi games are sustainable🧵
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