> As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency. Conversions in Q2 added $936M of cash to our balance sheet.
Like I said before, a year ago, they are not looking to HODL their bitcoin. They are here to make money out of the hype in the form of a pump and dump and psychological manipulation. Q2 suggests they sold at around $45K to $31K. [0]
As predicted and expected, these Bitcoin maximalists and crypto bros got played like a piano.
Like I said before, a year ago, they are not looking to HODL their bitcoin. They are here to make money out of the hype in the form of a pump and dump and psychological manipulation. Q2 suggests they sold at around $45K to $31K. [0]
As predicted and expected, these Bitcoin maximalists and crypto bros got played like a piano.
[0] https://news.ycombinator.com/item?id=27177780