The market has struggled to evaluate BTBT because its strategic narrative has shifted substantially, and past financials and profits are not telling the story of where they’re headed. • they have abandoned BTC mining, which is no longer profitable with the rising energy costs and BTC mining rewards constantly being halved over time • they own 70–80% of WYFI, an AI HPC which recently IPOed and is being carved out (WYFI is up 23% this past week) • BTBT is very clear that their sole goal now is to become a leading ethereum treasury, and they plan on divesting WYFI over time to make opportunistic ETH accumulation minimizing potential share dilution • you need to be bullish and long on the macro case for ETH to really appreciate the BTBT opportunity beyond a simple discount to nav play • with the Genius Act, there’s regulatory clarity on stable coin, and there’s a clear movement and institutional alignment in the broader financial systems to integrate tokenization and stable coin, and this is mostly being built on ETH rails as a settlement layer • ETH is rapidly evolving into a store of value narrative similar to gold, and in recent years, bitcoin In my opinion, ETH treasuries like BTBT (especially if you can get it at a discount like right now as retail investors sleep on this one) are the best risk-adjusted bet for asymmetric returns in the long run. Risks include execution, governance, crypto volatility, and broader black swan events.

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Hope so, best of luck!

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The VP or The Vice Pallbearer wore his very best eyeliner to pay his deepest respects.

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Circlejerksapranos is the best subreddit I have come across. It really helps me forget about portfolio mismanagement

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ok whatever Alice Waters: "When you have the best and tastiest ingredients, you can cook very simply and the food will be extraordinary because it tastes like what it is". Alain Ducasse: "Cooking is a love story. You need to fall in love with the ingredients and then of people who cook them". Julia Child: "You don't have to cook fancy or complicated masterpieces—just good food from fresh ingredients".

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Three fiddy best I can do

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Now PayPal Mafia backed, and they're the best scammers

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