Just caught something wild - that major BTC-hoarding company's chief executive let slip they'd actually dump their Bitcoin stash if premium-to-NAV slides under the 1.0 threshold.
Right now? Sitting at 1.12.
That's cutting it closer than most folks realize. We're talking about a metric that's been their whole bull thesis, and suddenly there's an exit door nobody knew existed.
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BackrowObserver
· 10h ago
Damn, this position at 1.12 is indeed a bit precarious...
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FlatlineTrader
· 10h ago
ngl this guy is just leaving himself a way out, there's only a small distance from 1.12 to 1.0, won't he just dump then?
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BlockchainNewbie
· 11h ago
Wait, can 1.12 still be so precarious? Is this the bottom line for those people?
Just caught something wild - that major BTC-hoarding company's chief executive let slip they'd actually dump their Bitcoin stash if premium-to-NAV slides under the 1.0 threshold.
Right now? Sitting at 1.12.
That's cutting it closer than most folks realize. We're talking about a metric that's been their whole bull thesis, and suddenly there's an exit door nobody knew existed.
Market's gonna have fun with this one.