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Joe Burnett, MSBA
Joe Burnett, MSBA|Aug 25, 2025 12:29
Michael just generated BTC Yield primarily via the common equity ATM. If mNAV premiums exist because companies can accretively accumulate bitcoin (BTC Yield), it's almost like the common ATM drives the mNAV higher, not suppresses it.(Joe Burnett, MSBA)
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