Dr Arthur Laffer

55 days ago

Hamak Strategy and value destruction with bitcoin: A maths lesson for the stupid ( including Zak Mir)!

The lack of fiat at Hamak Strategy (HAMA) means that it urgently needs to either start selling its pile of bitcoin or do a fund raise, either straight equity or death spiral CULS. Either way it won’t be pretty for its share price. But a bitcoin sale would expose what a farce its value addition via shitcoin treasury strategy is. Do the maths stupid!

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