Adam Back borrowed 50 $BTC at 5% because he had zero liquid $BTC—everything locked in leveraged longs through 2024.

Meanwhile his mining company put a convicted felon (Chris Cook) in charge of their $BTC treasury. Cook allegedly burned through $400M on mansions, boats, and luxury cars.

$BTC dominance sitting at 66%. Maxi curse incoming—watch it bleed to 33% as altseason kicks in.

This is what peak delusion looks like. 🎪