Cheapest Bitcoin Treasury On The Market?

MicroStrategy holds ~226,000 BTC and trades at a $25B market cap. UTRX just bought 5.5 BTC and trades under $1M.

The math isn’t apples-to-apples, but the disconnect is crazy. You’re basically buying Bitcoin exposure at a discount through a microcap. Add in their tokenization rails patent and rights to mined BTC, and it’s more than just a treasury.

Not financial advice, but is this the stealth way to ride BTC without paying MSTR prices?