Adam Livingston
@adambliv
The Bitcoin Wizard | Author of The Bitcoin Age | MSTR HODLer | Architect of the Time Monetization Framework | NFA
ID: 1881193918206758912
https://www.amazon.com/dp/B0DWMJHVTW 20-01-2025 04:16:09
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Ryan James Chanos When I talk about “what others are thinking,” I’m not just speculating. The psychology behind capital flow is literally what drives the mNAV multiple. The mNAV is valuation, and I agree with Phong Le on this. In this BTC treasury model, valuation premium is the fuel, and that