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Caleb Franzen|Sep 16, 2025 18:16

Strategy MSTR currently has an mNAV of 1.5x. Tell me why anyone who wants leveraged Bitcoin would buy this instead of the 2x leveraged Bitcoin ETFs (or options on IBIT that would provide more than 2x upside)? Anyone? Bueller? There is an answer, actually. (Caleb Franzen)

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Oct 16, 07:52Gold is up 60%, Bitcoin is nearing its all-time high.

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