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As long as bitcoin's CAGR over a given timeframe is above that same duration's cost of capital, public companies will borrow USD to buy BTC.
Wall Street is going to run this trade at scale until one of these two conditions is no more.
It's going to be a while.
21 tuntia sitten
Wall Street is going to create an astronomical amount of value from borrowing dollars to buy bitcoin.
That’s why they’re going to do it.
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