Thread
There should be a name for when the market overvalues your company so much that you print new shares to buy bitcoin to justify that crazy paper valuation with real assets. Is that some type of shareholder valuation insurance? People have done this with land/gold/etc, but they never had a name for it. Isn't that how holding companies usually operate? Maybe it is just the same old "arbitrage". It's just too generic. AI doesn't seem to know a name.. so.. perhaps we need to choose one for these newer times.
Replies (5)
Retardet Economics or something like that.
Current valuations are mostly calculated in earnings per share (EPS).
New valuations should be using ₿itcoin per share (BPS), especially for companies that actually hold ₿itcoin.
It might just be a fiat glitch really.
For some company it is very easy to contract huge amount of debt, the kind of debt individuals can't even dream about.
If you can just take on so much debt so easily and buy a hard asset with it. Why not do it.
Treasury companies looks like a joke but so is the financial system, it might just be an inevitable step in Bitcoin adoption.
Before state themselves realise they can take infinite amount of debt and buy a hard asset with it.
