Adam Livingston says the real debate over Bitcoin treasury preferreds is not 9% vs 13% yield, but how much upside they capture during BTC rallies. He cites balance sheet analysis of 43 Bitcoin gains of 20% or more since 2013.
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Adam Livingston says the real debate over Bitcoin treasury preferreds is not 9% vs 13% yield, but how much upside they capture during BTC rallies. He cites balance sheet analysis of 43 Bitcoin gains of 20% or more since 2013.
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