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Follow me on X for my best content: http://www.X.com/AdamBLiv To support my work, buy my book The Great Harvest: AI, Labor, and the Bitcoin Lifeline: https://www.amazon.com/dp/B0F5NPC1KC Join this channel to get access to perks: / @adamlivingstonbtc Welcome back to the Mispriced-Risk Frontier. I’m Adam “Bitcoin Wizard” Livingston and tonight we’re refereeing the cage match nobody on CNBC wants to schedule: 🟧 Strategy ($MSTR) – Michael Saylor’s corporate Bitcoin black-hole that eats fiat for breakfast. 💚 NVIDIA ($NVDA) – Jensen Huang’s GPU juggernaut riding the AI hype train straight through Taiwan. Grab a seat, hide your dividend statements, and prepare for existential dread mixed with laugh-out-loud reality checks: 0:00 Why volatility isn’t risk—Fiat tail-risks they never show on a Bloomberg terminal 3:42 Strategy’s 638 k BTC stack vs NVIDIA’s single-island supply chain ⚔️ 7:10 FASB fair-value accounting—GAAP turns Saylor’s orange coins into EPS confetti 🎉 11:55 Export bans, water shortages, and why one tweet can kneecap NVDA margins 18:30 Scarcity flywheel math: paying $1.32 for $1 of verifiable Bitcoin vs $50 for a promise Taiwan never hiccups 24:00 IRR smack-down: 21 % risk-adjusted returns vs a perfection premium with a pacemaker 29:17 Wizards’ verdict—Why $MSTR is the anti-fragile bunker and $NVDA is the penthouse on a trampoline Key takeaways Buybacks are shareholder arson; Bitcoin is the fireproof safe. If your “fortress” treasury melts 7 % a year, you’re camping in a cardboard castle. Risk sensors face the wrong direction; we’re realigning them with SHA-256. Smash 👍 if you value scarcity over sci-fi earnings slides. Hit Subscribe for more balance-sheet sorcery, orange-pill comedy, and the occasional existential crisis. 🔁 Share this video before your favorite mutual fund manager buys GPU dust at 25 × sales. Welcome to the only channel that scores corporate strategy in Bitcoin blocks, not PowerPoint bravado. Class dismissed.