Doubled down on $CREDITSTR by @token_works. Market cap is $900k. Treasury holds $850k in ETH + $98k in Credit NFTs. Total value is $948k. $CREDITSTR is trading at 0.95x NAV. Can't help but feel this is underpriced. All Credits are now circulating. There is no more overhang. Floor price is ranging around a healthy $60. CreditStrategy is actively cornering supply and is already the largest holder with 1.25% of all Credits. Even if the floor drops, 89.6% of CreditStrategy's ETH remains to bid it. ETH runway is currently 7.2 days and should last until burning for Statements goes live next week. Only a matter of time before floor price bottoms and the flywheel begins.
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