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If I was a Goldman shareholder I'd be quite alarmed by this. What productive assets will they be getting for this money? Hard assets or just more coins?
by drumhead 4y ago
If I was a Goldman shareholder I'd be quite alarmed by this. What productive assets will they be getting for this money? Hard assets or just more coins?
- dereg 4y agoThat's not how it works. Goldman is soliciting money from private clients to buy the distressed assets. They will receive a fee for this. Goldman is not putting their own capital at risk. The assets are likely coins or stablecoins at a deep discount to market (80%+).