Hey @ethereumJoseph and @SharpLinkGaming can you share how m | thedefivillain on Binance Square

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Hey @ethereumJoseph and @SharpLinkGaming can you share how much $ETH you bought ?
This would ensure finding buyers for $SBET
The lack of transparency is not great

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I haven't looked at it in detail but this $SBET dump makes zero sense imo Prob a buy but I am not taking the trade fyi

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Many people are "concerned" about crypto treasury companies because of leverage, but I've yet to see someone compute how much debt (ie leverage!) has been created by these companies so far Spoiler : people don't understand that most of these purchases have been funded through equity, ie zero leverage added

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Many people are "concerned" about crypto treasury companies because of leverage, but I've yet to see someone to compute how much debt (ie leverage!) has been created by these companies so far Spoiler : people don't understand that most of these purchases have been funded through equity, ie zero leverage added

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GameStop fumbled the bag for 2 reasons : 1/ They raised $1.3bn through a convert in March but did not deploy them immediately into BTC despite already holding $4bn in cash. They only bought $500M and at a price much higher than what they could have when they received the convert proceeds. There is a reason Saylor "apes local tops" instead of trying to outsmart the market. 2/ They are completely opaque on their strategy. Do they want to follow the MSTR playbook ? Do they not ? It's unclear. Why would they raise twice through convertible bonds if they are not deploying all their cash into BTC ? No clarity in their plan = no trust from investors

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I can't believe the $IP scam is still trading at $4bn FDV Manipulation at its finest

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