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by KingMachiavelli
3 days ago
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Assuming they would not have liquidated it earlier (perhaps via some semi-legal instrument) to cover past or future bad decisions. Crypto certainly isn’t doing well now. The 7.84% state would probably be significantly diluted over this time frame so 4-5% is probably a more accurate estimate but perhaps high estimate. |
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This "not doing well" is being three times higher than at the time of FTX collapse.