Forget mNAV multiples. Consider this: XRP Army > $MSTR ???đ
Updated real time WTF valuation facts about SHITCOINS vs the TOP THREE USA Bitcoin Corporations by market cap đșđž
- There are 2 shitcoins worth $348.9 Billion with larger market caps than $MSTR
- There are 19 shitcoins worth $679.9 Billion with larger market caps than $MARA
- There are 28 shitcoins worth $713.9 Billion with larger market caps than $RIOT
- There are 2 more shitcoins worth $5.6 Billion that round out the top 30
How is there STILL $719.5 Billion in capital allocated to shitcoins instead of the largest holders of $BTC and the largest and most innovative Bitcoin Miner on the planet?
Perhaps Strategyâż, Mara Holdings and RIOT Platforms should consider launching tokenized shares on $COIN and other shitcoin casinos to suck the liquidity out of this absurd pool of capital that trades 24/7/365 for their next round of capital raising and use it to purchase more spot Bitcoin?
An asset manager like Blackrock or Bitwise could also consider launching a tokenized ETF on Coinbase that uses proceeds to buy shares of corporations that hold Bitcoin similar to $OWNB which is already live on brokerages
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