Bit Origin Limited
Long
Updated

7/23/25 - $btog - Back at it

156
7/23/25 :: VROCKSTAR :: BTOG
Back at it

- not much to say except this thing holds about 70c worth of DOGE
- DOGE < $BTC. let's get that out of the way
- i certainly don't think a "doge" or "eth" or "sol" or whatever crapcoin treasury company is similar to MSTR. again let's get that out of the way
- but you're basically buying the inevitable DOGE ETF here at something like 15% off, (for now spot can always go lower)
- will keep my finger off the trigger if i focus on my FI buy today (now up to 20% size from minuscule y day) and now i'm trading this thing (for fun)

V
Trade active
i almost have to apologize in advance for one hilarious reason - i really stay away from micro caps with retarded stories - and in a sense, this would otherwise check that box.

but i do have a v 1/ soft spot and 2/ nuanced view, on DOGE

and when you're going to sell me DOGE at a 15% discount on the only listed co to own it and when the ETF is imminent (BITW news for anyone following along... got the convert w a lot of other non-POW bs), this could defn see it's way 30-50% lower, but given the holdings, that's the limit in my estimation. and with upside of probably 2-3x this, it's a good R/R.

size mgmt is THE most important thing on this one, given the nature of the cap/ "strategy" (big quotes)

V

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