So far underperforming the front of the yield curve despite substantially higher risk. Now preferred market has finally woken up to the risk. Won’t be buying like before. DAT stock prices also at the bottom of the barrel. Cannot dilute shareholders without backlash. Both funding mechanisms are broken. If bitcoin keeps stagnating the situation will get worse by the day. Turns out building non-value-adding leveraged plays on Bitcoin was not a good idea.(Sina 🗝️⚡ BI Report)