NFT Investment Strategy - The investor upgraded their Opensea Treasure Chest to the highest unlocked tier, indicating a strategy focused on maximizing potential rewards within the Opensea ecosystem [1] - Approximately $90 thousand in swap volume was executed, incurring nearly $2 thousand in fees, highlighting the cost associated with this investment strategy [1] - The core investment thesis revolves around winning high-value NFTs from the treasury, including a Pudgy Penguin and a Bored Ape, each valued at $40 thousand, suggesting a high-risk, high-reward approach [1] Risk Assessment - Winning any NFT from the treasury is currently considered "+EV" (positive expected value), but further leveling up is expected to incur an additional $2-4 thousand in losses, indicating uncertainty in the strategy's profitability [2] - The limited number of NFTs in the pool worth $5 thousand or more raises concerns about the immediate value of potential winnings [2] - The high fees associated with the platform introduce a significant element of gambling into the investment strategy [3] Market Dynamics - Competition from other users leveling up their chests is a factor, as rarer chests increase the chances of winning NFTs, suggesting a dynamic and competitive environment [2] - Opensea contributes 50% of the fees to the treasury, which leads to treasury growth over time, potentially increasing the value of the rewards pool [2]

SharpLink Buys Back 1 Million Shares as Ethereum Treasury Sits at $3.8 Billion► https://t.co/vRJer2DW01 https://t.co/vRJer2DW01 ...

I would ask you about India, but I know we're running out of time and and when we I've been around you and and I've had my picture taken with you and I don't like it because you're like about a a whole head taller than me. So, if I was going to mess with someone, it wouldn't be you, but um w with this whole PY incident that we read about, Mr. . Secretary, any any I wouldn't mess with you.I don't think he would would want to really uh either, but anything anything to that. What what happened. Can you confirm ...

🔥 UPDATE: Helius raised over $500M, establishing the Solana Treasury Company. https://t.co/rbqxVyJpGb ...

Tom Lee's Ethereum Treasury BitMine Boosts ETH Holdings to Nearly $10 Billion► https://t.co/SdfmWqKCwb https://t.co/SdfmWqKCwb ...

Solana Gets First Billion-Dollar Publicly Traded Treasury as Forward Industries Buys 6.8M SOL► https://t.co/u37izcOfvQ https://t.co/u37izcOfvQ ...

have been midcurving DATs extremely hard bc cant understand why ppl would buy a treasury company holding these coins when they could just buy the underlyingbut once the capital is in these entities its very bullish for the underlying asset depending on who's making decisions ...

What’s the largest Solana treasury?Our treasury page shows that DeFi Dev is ranked #1 with a total of 2,027,817 $SOL valued at ~$480M.View the full list: https://t.co/dOW6VV0u6K https://t.co/K4S1LdHfh6 ...

RT BSCN (@BSCNews)🚨 @AVAX TREASURY IN PLAY?!Two US treasury companies may raise one billion dollars for $AVAX reserves. Details here ⬇️https://t.co/P9yFMXeory ...

BREAKING: 🇨🇳 CHINA’S PUBLIC COMPANY $CPOP BOUGHT 300 BITCOIN WORTH $33.8 MILLION FOR ITS TREASURY. https://t.co/M4hZY28hw4 ...