IIRC correctly they unabashedly and proudly sold it as a pure Bitcoin play, no other operating business activity.
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You might be right, I’ve never followed Bitcoin treasury companies. But there 100% was one saying they would do some hybrid between accumulating bitcoin and buying/operating bitcoin-adjacent, profitable businesses. Could be XXI or Naka, I don’t remember (and I don’t care)
Honestly, Strike seems to be a very well run business. I truly think Mallers is better intended than Saylor or Bailey.
Let’s see who survives this bear market 🍿🍿