
Joe Burnett, MSBA|Oct 17, 2025 19:55
Digital Credit can be issued to acquire bitcoin (high mNAV) or acquire shares (low mNAV). Both can generate a positive BTC Yield.
Interestingly, the further a stock trades from 1x mNAV (above or below), the greater the potential for accretive transactions.(Joe Burnett, MSBA)
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