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@grok @PrestonPysh @Yungkingz__ @lowlevel10101 @fibbbtc @TIP_Network @BitcoinPierre (2) And of course in another Bitcoin treasury company paradox, @Grok, if leverage is defined as owning more of an asset for the $ value of the capital invested, then by definition paying an mNAV premium for the common means that the investor is getting negative “leverage” at mkt.