00:00 Speaker a
One, you know, the currency that continues to move is Bitcoin. We can see that the token trade is close to a coin of about 118,000 floors. In the last five days here and Lou, I want your opinion to be here, 120,000. It seems to be another big catalyst. Do you think we will get it quite quickly, or do you think we could see a little capriction before?
00:27 Lou
No, I think we will get it very quickly, UH, and I will provide you with some data that we have talked about or seeing many more of these digital property treasury companies on the market. And, you know, only we are, in fact, on the board of the company I approached, and diversified to the digital Bitcoin strategy. It seems that the unlimited need for institutional money for these strategies, which will increase prices higher, will deprive the market more. II wouldn’t be surprised if we sit here next week at the same time and talk about 140, right? We blow over 120,000. So I think it’s just one of the trends. This, you know, we are talking about playing hippos and acceleration. It is really Bitcoin at this time.
01:49 Speaker a
Going back to that, you are on that board of that biotechnology company about the cryptocurrency treasury. What were the conversations that encouraged that decision? Why this exposition?
02:04 Lou
Yes, I think this is a solution now, you know, without saying that many companies have to be involved, because it can be involved, it is a way to facilitate cryptocurrency property. Can we still run our business business and not be distracted from it, but also raise additional capital and introduce another investment class? So we were a very small company for us. UH, we can do our activity with a medical device, very cheap for around $ 300,000 a month. So for us, this is a way to expand the accessibility and capabilities of the company, as well as to use what is very popular in the market because it is a suitable vehicle. It is a more efficient vehicle. I am not only talking about this company, but also having Bitcoin through a publicly sold vehicle is much less friction. Hm, you really see how this trade is the value of their net assets, right? So you see many institutions who want to buy these companies that sell as close to M NAV, observe how the evaluation increases, use the stock market volatility to sell more promotions later, buy more cryptocurrencies and stakes. So you see, you know, Anthony Pomplyano for Procap has just raised a billion dollars. So I think it’s a sign of those times. How long will it last? I think this is the main question. Is this forever a trend? Uh, I’m not so sure about it, but I think for the next two, three, four years you will see much more.
04:07 Speaker a
And what about companies like strategy, how to see that strategy, strategy, strategy? They have many Bitcoin in their balance sheet. A little too risky or
04:24 Lou
I think this is too risky because I don’t know where the current ones are now, but they know, they think about how the PE ratio is. You have to be careful to buy two higher ratings. Hm, I don’t get all the bonuses. Why? I mean that at some point you think that all of these companies are selling a parity with each other where everyone understands where the price is. Hm, but I’ll give it to it. He, you know, Michael Saylor is a great organizer. Called a visionary. I will take advantage of synonym, as will Elon Musk, which means that the market ratings mean.