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|Legacy
BTCBTC
💲72971.36
+
2.77%
ETHETH
💲2198.82
+
4.86%
SOLSOL
💲92.89
+
5.6%
USDCUSDC
💲0.9998
-
0.01%
WLDWLD
💲0.3660
+
2.9%
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💲1.45
+
3.57%

Joe Burnett, MSBA
Joe Burnett, MSBA|Jul 24, 2025 20:17
A 1x mNAV bitcoin treasury company with intelligent leverage is attractive if bitcoin outperforms fixed income. Therefore, a premium develops (in a bull market). Then the treasury company can arbitrage that premium into BTC Yield immediately. This is the BTCTC phenomenon.(Joe Burnett, MSBA)
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Timeline

Jul 16, 17:47【All trends are 0 BTC】
Jul 04, 13:34【The perfect match between Texas and Bitcoin】
Jul 03, 13:30【Bitcoin arbitrage problem solved through new infrastructure】
Jun 30, 08:20【Bitcoin financing rate decreases, arbitrage profits disappear】
Jun 26, 14:56【1x mNAV Bitcoin funding company is very interesting】
Jun 26, 12:36【Arbitrage fiat currency is easier than creating something productive】

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