Frozen below the value of their crypto stash, these companies must evolve. No longer content with simply “securing the booty,” they now strategize to utilize their BTC as anything more than a pretty bauble on their balance sheets.
The Facts
But while the drop looks like a bad day at the office, macro investor Raoul Pal is here to remind us that this isn’t the first time the market has thrown a tantrum. History, he claims, is a great teacher-if you’re willing to ignore its warnings. 🧠
The move puts Bitmine in a safer regulatory lane and differentiates it from peers like MSTR, setting the stage for long-term ETH staking returns. 🚀
The price is a big shpilkes, sure, but not the whole story! Sometimes money goes in even when the price is fallin’! It’s like tryin’ to understand my mother-in-law – there’s always more goin’ on than meets the eye! 🤨
Observe, if you will, the netflow data. A picture, as they say, is worth a thousand sighs. Yesterday’s inflow – a positively colossal +137 billion! – tossed aside the meager outposts of previous accumulation like so much dust. A single, decisive heave! It was a lamentable spectacle, truly. A most undignified tumble.
But hold the rye! We have a story, a schpilkes of a story! There’s this guy, we’ll call him the “Anti-CZ Whale” – a name that frankly sounds like a rejected superhero. This fella made a fortune betting against CZ (who, let’s be honest, has enough money already). He was swimming in cash, a regular Rockefeller of the blockchain… until now. 💸
NEAR’s like a big ol’ steamboat chugger clambering upstream, while the price seems lollygagging down below.
One cannot help but chuckle at the audacity of it all. Kiyosaki, who acquired these digital trinkets at a mere $6,000 per coin, has cashed out at “approximately $90,000” each. A tidy profit, to be sure, but one wonders: has the prophet of prosperity lost his nerve? Or is this merely the latest chapter in his grand financial ballet? 🎭
