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Brian Brookshire (Bitcoin Overflow) @btc_overflow on x 15.3K followers
Created: 2025-07-16 01:41:15 UTC
Interesting structure. BTC AB's "ATM-type" program reads like a hybrid private placement / MSW program.
A "group of investors" will be able to purchase shares at the greater of previous day's VWAP or close price with no lockup, presumably re-selling them and capturing the arb.
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