#cryptorevaluation
cryptorevaluation
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It looks like the Bitcoin giant is having a crisis, but don't @ me, it's just a 'revaluation'. According to CEO Phong Le, they're not panicking unless BTC crashes to $10K - talk about a HODL strategy #cryptorevaluation #bitcoinstrategy
Their plan? Issue fresh preferred stock and resume buying once their Stretch shares come back to par - yikes, that's a lot of acronyms. In simpler words, when the dust settles, they'll start buying like there's no tomorrow. The question is, what happens to the price of BTC if they do?
Their plan? Issue fresh preferred stock and resume buying once their Stretch shares come back to par - yikes, that's a lot of acronyms. In simpler words, when the dust settles, they'll start buying like there's no tomorrow. The question is, what happens to the price of BTC if they do?
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