Notes (20)
Bitcoin treasury companies (or LBE’s — Leveraged Bitcoin Equities) like Strategy, Metaplanet, and Semler are difficult to value.
Each has its own unique attributes. All, except for the recent 21 Capital ($CEP/$XXI), have existing operating businesses, which makes valuation a bit trickier.
So how do you figure out which one offers the best bang for your buck?
The easiest metric is the mNAV — the multiple of its Bitcoin holdings.
You can mean-revert in and out of these if you want to reallocate between them, and it could be a way to outperform simply buying and holding one company. Rotating out of the high mNAV companies and into lower mNAV companies could be a strategy.
Here are some very basic mNAV numbers for $MSTR, $SMLR, $MTPLF / $3350, $KULR, and $CEP / $XXI, calculated from recent data (some of these have been much higher on the richer side in the past).
It’s still early in the mNAV journey. 21 Capital literally just launched last week, so these numbers will change — but it could become an interesting portfolio reallocation method for those into $BTC and Bitcoin proxies.
What do you think?
#gm #bitcoin #mstr #smlr #mtplf #3350 #cep #xxi #kulr #plebchain #asknostr #btc #stocks
I just discovered Banana Ball.
In two minutes it’s been more entertaining than all baseball I’ve seen since 1990’s…combined.
It’s like if WWE and Baseball had a child, a wild child. It’s actually interrupting my UFC time.
Party Animals vs Savannah Bananas
Recorded first podcast episode after almost 5 years!
This one was kind of rushed. Really just trying to get something out there. Like getting back on a very rusty bike.
It’s my mNAV valuation of 21 vs Strategy.
Take a look and let me know what you think!
#bitcoin #btc #asknostr #plebchain #gn
https://youtu.be/Qcl-_99oBkkWhy am I bullish on Bitcoin?
The US deficit will only get larger.
There are possible tax cuts and revenue will decrease. Tariffs may offset but not significantly.
It’s unlikely this (or any) administration will do what’s necessary to truly get the deficit under control without insane levels of pain for both Wall Street and Main Street.
What’s the result? Money printing.
In a money printing and inflationary environment, hard assets like bitcoin, gold, real estate and quality stocks benefit.
What’s the ultimate hard asset? Bitcoin.
I’m just thinking of the US, this is a global problem and all major countries are on the same path.
Choose wisely and save your hard earned money in Bitcoin.
#gm #plebchain #bitcoin #btc
Why do I like Bitcoin?
Bitcoin redefines money by removing trust and maintaining control of your money and savings.
Number go up is nice but it's the cherry on top.
Unlike fiat (Dollars/Euros/Yen/etc), no middlemen control your funds, no censorship, giving you privacy, resistance to surveillance, and freedom of speech in financial networks.
Bitcoin empowers individuals to transact on their terms, protecting autonomy and resisting institutional overreach.
#gm #grownostr #bitcoin #btc #plebchain
I'm (re)starting my podcast soon!
Back in early 2020, I recorded 36 episodes covering market updates and technical analysis, with Bitcoin occasionally mentioned. Even though I was in the Bitcoin rabbit-hole, I kept quiet publicly, valuing privacy and cautious after hearing stories about Bitcoiner attacks (shoutout nostr:nprofile1qy08wumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wshsz8thwden5te0dehhxarj9e3xjarrda5kuetj9eek7cmfv9kz7qpq7u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrquyd27a).
But honestly, it's been frustrating to stay silent. So screw it, I'm jumping back in to share my enthusiasm and unique perspective as a small business owner passionate about Bitcoin with experience investing personal funds in business, stocks, bonds, options, and real estate.
I don't have much experience podcasting but I'll work hard to provide quality content and I'll keep it as real as possible avoiding cringe "Retire with 0.0001 BTC by 2030!? 😱" content.
QUESTION FOR YOU!: What topics or angles would you like me to cover? Anything existing podcasts could do a better job doing ? I'd love your input!
#asknostr #plebchain #grownostr #podcasts #bitcoin #btc #gn
How most people misunderstand Bitcoin (and why you shouldn't):
Ever notice how people constantly misunderstand Bitcoin?
- They think it’s anonymous or great for crime (it’s not).
- They think it’s bad for the environment (wrong again).
- They assume it has no real value (also incorrect).
Let's quickly debunk these myths, one by one:
Anonymity Myth: Most people believe Bitcoin transactions are anonymous. Actually, the Bitcoin blockchain transparently records every transaction. This means every movement of Bitcoin is permanently visible. It's not hidden – it's far less anonymous than cash. It's an open ledger for all to see and review. Dumb for criminals to use.
Environmental Myth: You've likely heard that Bitcoin mining is bad for the environment. But did you know the majority of new Bitcoin mining facilities use surplus renewable energy – energy that would otherwise be wasted? In fact, Bitcoin is increasingly incentivizing green energy investments globally.
Intrinsic Value Myth: “Bitcoin has no real value,” some still say. Yet traditional currencies, like the dollar or euro, aren't backed by anything tangible either. They depend solely on trust and consensus, exactly like Bitcoin. Heck, some could even argue gold to have no real intrinsic value either. Bitcoin’s scarcity (only 21 million coins will ever exist) and global adoption reinforce its lasting value.
Volatility Myth: Some people dismiss Bitcoin because it’s volatile. Meanwhile, smart investors (which have done their research) quietly capitalize on volatility to build significant long-term wealth. How? Because volatility provides unique opportunities for growth if you know what you're doing, they buy when others are fearful.
Government Myth: Finally, skeptics argue Bitcoin could easily be banned by governments. This argument today is pretty easy to dismiss now that the US has established a Strategic Bitcoin Reserve (SBR), Digital Asset Stockpile, Bitcoin ETF's are the most popular ETF ever and getting deeper into the financial plumbing, public and private companies adding Bitcoin to their balance sheet and treasury, governments considering issuing BitBonds, etc. It's getting harder and harder to ban Bitcoin every passing day.
Sure things may change in the future but it's unlikely. Why? Decentralization and widespread global adoption have made banning Bitcoin impractical – even impossible. Countries that previously opposed it are now regulating and adopting it instead.
Spend some time doing the homework and keep an open mind!
#GN #Bitcoin #BTC #SBR #BitBonds #plebchain #grownostr
Bitcoins can be exhausting.
There’s no sugar coating it. It just is.
The only thing I can say to help is just keep learning about what you own and focus on other important things.
Time will make up for your short term suffering.
If that doesn’t help, just man up! A few days a year make up most of the gains, the rest of the time you are flat or down.
Worried about your stocks or Bitcoin dropping?
If you understand your investments and nothing has fundamentally changed, buy more during these dips if you can afford it.
Historically, selling now is the worst move.
Stay productive and tune out the noise.
#gm
This is a great podcast to subscribe to.
nostr:nevent1qqszuy7q9n876ug7ylrq3440w4j6zkuv4h22a4urhqp5stl9cj08v3czypctqhuffx4l5tu57z76t9c6yy3eznxnhacqepuh9etd5n8y3lpgvqcyqqqqqqgpzfmhxue69uhhqatjwpkx2urpvuhx2uc2zdc70
Be greedy when others are fearful.
Zoom out.
The small red blip on the right is where we are now, look left to see where you’ve been.
Buy Bitcoin.
Be fearful when others are greedy and greedy when others are fearful.
Few influencers are actually great at what they say they do.
What they are great at is getting your attention.
The best in any field are usually too busy doing the work—and terrible at getting your attention.
Funny how that works.
#gm
To everyone out there worried about the markets.
Tune it off. Close the TradingView window. Turn off your brokerage notifications.
Spend less than you make.
Don’t worry about keeping up with the Joneses.
Keep saving and accumulating into your IRA and Bitcoin.
You’ll be fine.
I know the economy is weakening when I suddenly start getting price alerts, from items I completely forgot about.
Especially those stubborn items that rarely even have a sale.
This is my signal.
The fed put is coming. QE begins soon. Money printers will brr. Risk-assets are going up. Bitcoin up.
Unpopular opinion: Bitcoin yield isn't a thing.
Just like a gold nugget doesn't yield anything.
Bitcoin's appreciation over time is the safest yield.
Yes, you can lend BTC, but if you don't know the source of the yield, well, your BTC becomes someone else's yield.
#PSA
What a win for privacy!
FinCEN BOI (Beneficial Ownership Reporting) officially not required for US Companies and US Persons.
#gn #privacy #fincen #boi #business
Too many people worried about Bitcoin, $MSTR, $STRK, $STRIFE
Just buy and hold.
Worried? Reduce your position size.
You’re complicating things. Walk away.
Hate Bitcoin? Buy $VOO $SPY $QQQM
Life is short. Worry about things that matter. Focus on things you love.
Eat meat. Besos. #gn #meatstr #plebchain
How great is it when you reach for something without looking and it’s actually there?
