New word to add to the mute list: DAT
Digital Asset Treasury.
The crypto complex is jumping into the treasury game with both feet.
MicroStrategy has some volatility competition on the horizon.
Whatâs more volatile than bitcoin treasury co? A shitcoin treasury co.
Itâs likely that STDs (shitcoin treasury deals) will have long term lower mNAV but higher volatility.
Short term they will likely have insane mNAV ⊠I could even see a 100X NAV on an âXRP DATâ but long term see 0.5X NAV on these shitcoin treasury companies.
If @saylor is accurate about Wall St traders valuing volatility, I wonder how Strategy will cheerfully and constructively out-compete the Silicon Valley + Wall St volatility machine in the short term đ€
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