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The boom in corporate bitcoin buyers highlights how fast DATs are scaling. But their model is fragile when outperformanc
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The boom in corporate bitcoin buyers highlights how fast DATs are scaling. But their model is fragile when outperformanc

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The boom in corporate bitcoin buyers highlights how fast DATs are scaling. But their model is fragile when outperformance depends on premiums, converts, and cheap debt.

The boom in corporate bitcoin buyers highlights how fast DATs are scaling. But their model is fragile when outperformance depends on premiums, converts, and cheap debt.

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