Comment Comment by throw-qqqqq > Market cap has nothing to do with free cash to absorb a $6billion lossI agree. My wording was imprecise. I was trying to give an idea of the size of the company/ecosystem, using BNB’s market cap as a proxy.As Binance doesn’t publish their financial statements, it’s difficult to get the more relevant metrics, like FCF. parent throw-qqqqq 2 days ago
I agree. My wording was imprecise. I was trying to give an idea of the size of the company/ecosystem, using BNB’s market cap as a proxy.
As Binance doesn’t publish their financial statements, it’s difficult to get the more relevant metrics, like FCF.