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2025-05-14 12:22:56

trey on Nostr: BEWARE OF NEW BITCOIN TREASURY PUMP & DUMP “mergers” The bitcoin treasury ...

BEWARE OF NEW BITCOIN TREASURY PUMP & DUMP “mergers”

The bitcoin treasury companies being spun up today are pretty glaringly for insiders in the know who benefit on pre-market pumps (like Bailey with $KDLY…whereas KDLY will only own 1.2% of the new Nakamoto company, even though Bailey told people to buy that ticker pre-merge 🙄), and these joint merger companies that benefit massively — again for their own insiders.

I’d still be super incredible cautious, and trust minimal for each one that comes up. $MSTR is the goat in terms of this strategy, and it’s pretty locked down and clean. $SMLR is right up there too.

The others? Idk…

Best to just stay humble and stack sats that *you* control.



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