The people who were convinced that the mNAV premium of $MSTR should converge to 1 after the ETFs launch fundamentally misunderstand how MSTR works Funnily enough, after a 3x outperformance by MSTR over $BTC, they are still making the exact same mistake, and assuring you that the premium will collapse You've been absolutely dead wrong for one and a half year, but surely you are just one the verge of being proven right
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