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The Crypto Guru Who Lost $2M But Found Real Alpha: How Debt Instruments Became Bitcoin’s Secret Lever
I watched the market lie—then stopped listening. Strategy issued convertible bonds not to raise capital, but to buy Bitcoin while pretending it was risk-free. Their stock surged 30x while BTC rose 9x—and investors paid a 73% premium for an asset they couldn’t touch. This isn't finance. It's alchemy disguised as accounting. I didn’t invent this—I just saw it coming.
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2 months ago