[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  David Bailey🇵🇷 $1.0mm/btc is the floor [@DavidFBailey](/creator/twitter/DavidFBailey) on x 98.6K followers Created: 2025-07-26 15:23:05 UTC Lots of reasons: -investments that are still held at their cost basis (because they haven’t listed for example) -illiquidity discounts -vesting schedule -measuring period, if you measured our performance from our first treasury company investment, the results 3x -initial allocation to the strategy was small (few % of total fund, took time to scale up) -we’ve had multiple 10-100x, but we’ve also had a few 2-5x that have dragged avg XXX engagements  **Related Topics** [investment](/topic/investment) [$10mmbtc](/topic/$10mmbtc) [Post Link](https://x.com/DavidFBailey/status/1949128348082278797)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
David Bailey🇵🇷 $1.0mm/btc is the floor @DavidFBailey on x 98.6K followers
Created: 2025-07-26 15:23:05 UTC
Lots of reasons: -investments that are still held at their cost basis (because they haven’t listed for example) -illiquidity discounts -vesting schedule -measuring period, if you measured our performance from our first treasury company investment, the results 3x -initial allocation to the strategy was small (few % of total fund, took time to scale up) -we’ve had multiple 10-100x, but we’ve also had a few 2-5x that have dragged avg
XXX engagements
Related Topics investment $10mmbtc