btcs is so mispriced and no longer hiding behind liquidity excuses. by trading at 0.71x nav with $316m eth holdings against a $231m market cap, and launching eth dividends plus mev infrastructure, they're signalling that the market completely forgot how to value treasury companies. this is deliberate blindness to $91m sitting on the table that bitmine or sharplink will eventually grab through acquisition. once that happens, the discount vanishes overnight. make no mistake: this isn't about operational excellence, it's buying $1 of eth for $0.71 with free mev revenue attached. this pricing disconnect doesn't just create opportunity, it creates violence when it snaps, the market is handing you a 40% arb on a plate!
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