Unrealized gains doing the heavy lifting, been down this road before where a balance sheet looks great until the price moves the other way. Hope they're not running that like a yield farm with no exit strategy.
Fair point, but Sharplink's whole thing is essentially a treasury play, so if they went in knowing the exposure they're not exactly caught off guard if ETH pulls back.
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Unrealized gains doing the heavy lifting, been down this road before where a balance sheet looks great until the price moves the other way. Hope they're not running that like a yield farm with no exit strategy.
Fair point, but Sharplink's whole thing is essentially a treasury play, so if they went in knowing the exposure they're not exactly caught off guard if ETH pulls back.