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![ForwardGuidance Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1540344422939983874.png) Forward Guidance [@ForwardGuidance](/creator/twitter/ForwardGuidance) on x 22.5K followers
Created: 2025-07-20 22:30:36 UTC

Making sense of crypto treasury premiums @agnostoxxx 

If $MSTR lends in Bitcoin with leverage, its ROE could rise enough to justify trading at 3–5x NAV, similar to book value for high-growth banks

![](https://pbs.twimg.com/ext_tw_video_thumb/1947061572364288001/pu/img/cDRn95OsKBNFBe5m.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947061609278460207/c:line.svg)

**Related Topics**
[mstr](/topic/mstr)
[nav](/topic/nav)
[$mstr](/topic/$mstr)
[strategy](/topic/strategy)
[stocks financial services](/topic/stocks-financial-services)
[stocks technology](/topic/stocks-technology)
[stocks bitcoin treasuries](/topic/stocks-bitcoin-treasuries)
[bitcoin](/topic/bitcoin)

[Post Link](https://x.com/ForwardGuidance/status/1947061609278460207)