A bunch of #Bitcoin Treasuries just issued a shit ton of debt to buy BTC at sick mNAV's and people are worried about the short term drop in the stock price. $MTPLF, $SWC, $CINFG, and more.
We have purchased 3,724 Bitcoin.
This purchase happened within one day after announcing a $1 BILLION merger and over $750 million fundraise.
The average price was ~ $103,785 per bitcoin.
We believe bitcoin is the new hurdle rate.
If you can’t beat it, you have to buy it.
$CCCM
Full press release here:

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