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View allMy thesis is: It was $400 when they had 600k btc in treasury and btc was $126k. Today they hold 843k btc and if btc reaches $200k in 2029 it will surely be trading around $500-$800 range easily with 2-3mNav. All this if Strategy don’t buy a single more, which we all know they’ll start buying again sooner or later.
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