The Hurdle Rate Podcast(@HurdleRatePod):Premium or discount? @PunterJeff shows why the denominator matters. His Nov. 2 close example compares market cap with treasury assets minus preferred equity at face value, then with the fair market value of the $BTC holdings.

2026.11.04 17:00

Premium or discount? @PunterJeff shows why the denominator matters. His Nov. 2 close example compares market cap with treasury assets minus preferred equity at face value, then with the fair market value of the $BTC holdings.

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