On a bitcoin standard your batting average will be much more important than it is now. The consequences of bad decisions and bad results are diminished when holes can be filled with the money printer and losses are absorbed by the masses.
In the future, behind every capital investment decision there will be two critical questions:
1) how much sats flow do I have at my disposal to invest? [input]
2) what are the expected sats flows from such an investment? [output]
You will only have sats flow to invest by having previously provided value, and you will only generate incremental sats flows by continuing to provide value in the future.
Have gotten so many inbounds from people who are planning or contemplating starting a bitcoin treasury company. Last cycle it was people starting mining companies. Rarely if ever get an inbound from someone explicitly targeting a sats flow strategy.
