3.1 million LEO now on the LeoStrategy balance sheet 🤯.
That's 3.1 million tokens of our fixed supply asset, backed by real revenue, gone forever.
Then used to take a bigger share of said revenue for the fund, thus taking even more out of circulation.
Revenue → Buy LEO → Bigger share of revenue → Buy more LEO → Repeat.
I know people are selling LEO to buy SURGE...
But with LeoStrategy just soaking up all that supply, I'm amazed that people are happy to part with their stack!
The repricing of LEO caused by the inevitable supply/demand imbalance is going to be glorious.
I mean you can see supply is falling through the floor and demand is only going to get higher alongside revenue.
Actually, I'm not sure amazed is the word I should be using for those parting with their LEO.
Let's fucking go.
I part with my $LEO to fill my wallet with $LSTR.
That is where the LEO needs to go. Let LS have it and pull it off market. LSTR is the leverage play long term.
Are you just using the LEO:LSTR pool to do the swaps?
That's the most liquid route?
Yes without a doubt.
I was tempted to do some of that but didnt. I am heavy leo, very heavy lstr, micro in strategy lol. I hope I'm right!
You and me both :)
And with my feed now filled with LeoStrategy alerts after soaking up yet more dumping, that 3.1 mill is old news already.
Amazed.
!vote
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