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Bitcoin's dearth of fresh investors matters more than Strategy's sale, Citi says | ZivFin News | ZivFin

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Bitcoin's dearth of fresh investors matters more than Strategy's sale, Citi says

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Bitwise model puts bitcoin fair value at $224,000 as sovereign-default hedge

The figure is from a theoretical model proposed by Greg Foss in 2021 that treats bitcoin as a credit default swap on G20 sovereign bonds.

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Bitwise model puts bitcoin fair value at $224,000 as sovereign-default hedge

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