A look at the rise of "pure play" bitcoin companies like Twenty One, as the stock market pays far more for crypto exposure than the crypto market itself (Matt Levine/Bloomberg)

Matt Levine / Bloomberg:
A look at the rise of “pure play” bitcoin companies like Twenty One, as the stock market pays far more for crypto exposure than the crypto market itself  —  Twenty One, Trumpcoin dinner, KKR empathy, carry on co-investments and quantitative analysis of hockey.  —  Project Mystery

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