Well they can’t have it both ways on the accounting front.
These complex securities they took a mark on only exist as a way for them to access compute at deep deep discount by issuing suppliers lottery tickets.
Post IPO when they don’t have lottery tickets to issue as easily the numbers should be interesting.
These complex securities they took a mark on only exist as a way for them to access compute at deep deep discount by issuing suppliers lottery tickets.
Post IPO when they don’t have lottery tickets to issue as easily the numbers should be interesting.