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Hey Kerrisdale Capital Got the next trade idea lined up for you: Long 2x NAV / short 4x NAV I mean it

After a bitcoin conference lasting for four days, it is really weird to be back amongst non-Bitcoiners 🤣🤣

This is a very good overview and assessment of CEP / XXI At $16.5 it had an attractive absolute and relative NAVm valuation - Congrats to those that were quick enough to buy.

Show this on linear instead of logarithmic scales and there is no story to talk about here 😄

Do I understand this correctly re the Kindly MD / Nakamoto deal: - PIPE: $510M at $1.12/share → ≈ 455 million shares - Convertible Notes: $200M, assumed fully converted at $2.00/share → 100 million shares - Shares issued to Nakamoto Holdings: 22.3 million shares - Existing

Celebrating btc Pizza day with my orange piller ⁦Torsten Hoffmann Filmmaker @TorstenHQ⁩

Ok - we are well below $1. it is time to take a position. Yesterday’s news on the reverse split is not really fundamental news. Let’s see 🍿🍿🍿$KULR

One to watch for GBP exposed folks - achieved MSTR's 5y returns in 7 weeks ;)