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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That is why I went long LDI. It's a nice little hedge to my open short. It was on the same peoples radars and has very similar conditions. If I was wrong on OPEN then LDI is a great long. DYOR

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Yes a very severe one at that

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Brotha, what do you think about $MPW? This company has reduced most of their risk that caused so much shorts. They have big, renewed leases. Their prospects look good and there is still a lot of short interest.

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Dont know, if I did I'd be a millionaire.

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If I were you, I would look at a graph of the SP500 and analyze if it is going up or down, and if it is going up, then I wouldn't be an idiot like you are doing.

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I smell a SPY dump

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A lot of people got 2 shares on SOFI. Something's definitely off. Mr Noto probably took most of it

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I thought smci was a meme stock can’t we get a one dollar pump just once today

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#Ban Bet Lost /u/ClassTrad3r made a bet that AMD would go to 165.0 within **2 days** when it was 161.453 and it did not, so they were banned for a week. Their record is now 0 wins and 2 losses [**Join WSB Discord**](https://discord.gg/wsbverse) | [**⚔**](https://www.reddit.com/r/KarmaCave/)

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