Aug. 4 at 6:03 PM
$MTPLF In short, the recent relative strength is consistent with the market beginning to price the capital-structure and domestic-credit-engine story rather than pure BTC beta or a change in disclosed holdings. Whether that premium sustains depends on actual further issuance at the targeted rates, progress on listings, and continued ability to grow BTC per share without excessive dilution. For a company based in Japan that has other economic issues with the USA between countries now......