3 ms·

>>the company’s holdings were worth just over $3 billion. Its market cap, on the other hand, is roughly $1.77 billion. Why doesn't someone aquire the company a

>>the company’s holdings were worth just over $3 billion. Its market cap, on the other hand, is roughly $1.77 billion. Why doesn't someone aquire the company and sell all of the Bitcoin? Seems like an easy way to make a lot of money.

cypress66 4y ago
Because market cap is price * shares. And price is the price of the last trade. You wouldn't be able to get every shareholder (or 51%) to sell you for that price.
goo 4y ago
They have debt too. It’s clickbait style writing.