343PG on Nostr: Oddly, one of the biggest drivers of NAV closer to 1 could be a sustained rapid rise ...

Oddly, one of the biggest drivers of NAV closer to 1 could be a sustained rapid rise in BTC, say to $1m - which might hugely constrain their ability to generate as much btc yield relative to the btc they hold. However in that case, shareholders would probably still sleep at night!