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RE: LeoThread 2024-11-25 19:03

in LeoFinance • 2 months ago

#gmfrens

It's Tuesday, 26 November 2024

Today's #lbi Asset backed value per token is:

1 LBI = $0.165 USD = 0.606 HIVE = 2.691 LEO

Income and asset report is out, it's not just numbers but also my thoughts on how our investments are going.

I also included a little commentary on Leostrategy #lstr if anyone is interested in how LBI views LSTR.

Link in comments...

2 months ago in LeoFinance by
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     2 months ago  

    A new fund has appeared, called @leostrategy, which has a stated aim of buying as much LEO as possible...

    I'm not clear on why they use the term leveraged, when it seems no debt is involved, just issuing new LSTR tokens to buy LEO. LBI won't be investing in LSTR, as I'm not comfortable investing in a custodial fund run by anon's...

    Anyway just keep the risks in mind. LBI started out years ago with a similar mandate - sell tokens to buy LEO. Over the years it has evolved and the sole focus on LEO has faded. It really is a basket of HIVE assets with LEO as a cornerstone investment.

    Different investments, different growth stages and different focuses. I wish nothing but the best for Leostrategy and LSTR investors. It is good to see people trying things, and launching new projects. It is good to see LEO being bought and the price rising. Happy days, and best wishes.

    https://inleo.io/@lbi-token/lbi-weekly-holdings-and-income-report-week-17-week-ending-24-november-2024-54r

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