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![TreasuryReport Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1923134090938810368.png) Bitcoin Treasury Report [@TreasuryReport](/creator/twitter/TreasuryReport) on x XXX followers
Created: 2025-07-22 05:09:59 UTC

@ryQuant @Strategy I like your methodology for estimating CAGR! 👍

That said, I'm not convinced the market will ever value mark-to-market gains on balance sheet assets the same way it values true earnings.


XXX engagements

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**Related Topics**
[balance sheet](/topic/balance-sheet)
[bitcoin](/topic/bitcoin)
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[coins pow](/topic/coins-pow)

[Post Link](https://x.com/TreasuryReport/status/1947524501232882165)