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215 sats \ 5 replies \ @grayruby 11 Jun \ on: Nakamoto ($NAKA) Sells 600 Bitcoin Stacker_Stocks

Every couple days we hear of another treasury company selling

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62 sats \ 2 replies \ @BlokchainB 11 Jun

Yup leverage is killing these companies

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97 sats \ 1 reply \ @grayruby 11 Jun

More cheap sats for me.

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21 sats \ 0 replies \ @BlokchainB 11 Jun

Haha

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21 sats \ 1 reply \ @guerratotal 11 Jun

What will become of these companies? Will they be sustainable over time?

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175 sats \ 0 replies \ @grayruby 11 Jun

Sure if they figure out a business model that isn't simply holding Bitcoin or financializing it.

Hopefully one of them will become a Bitcoin only custodian for etfs and institutions so they can diversify away from coinbase.

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