My Wild Theory of the Day (Patreon)
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REM MY POST EARLIER about MSTR buying a Miner! I said it is folly!
Well here is me playing devil's advocate with myself. Imagine you're a very rich person or a sovereign or even Saylor wanting to buy 50,000 Bitcoins without causing a big stir in the market.
Here's a wild idea: instead of buying Bitcoin directly, you buy Marathon Digital Holdings, a company that owns a lot of Bitcoin. Nav Prem is only 1.05 now... madness. It is an all time low!!!!!!
Marathon also produces about 600-700 Bitcoins per month.
But here's the clever part: After buying you sell Marathon's other assets, like its data centers and mining equipment, wind farms, to other companies. Keep the BTC. They have 2.6BN of Non BTC assets... it is only a matter of time before someone figures this out I reckon.
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