DATs/Treasuries/Proxies getting murdered (Patreon)

DATs, Treasuries, and Proxies are getting absolutely murdered right now.

This highlights the severe lack of liquidity in the market—everyone is desperately selling off whatever they can to scrape together some cash. It's brutal out there.

The government really needs to reopen soon. If it stays shut down for another couple of weeks, we might start seeing some incredible deals like the ones we had before in 2022.

Also, note that this is the first time MicroStrategy has traded at NAV parity (with no premium) since 2022. Back when I was buying in, it was actually at about a 10% discount.

I always said that the NAV premium on MSTR would eventually go to one, but I didn't expect it to happen so soon