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If their latest attestation is to be believed, they have $52B in cash+equivs including $28B in treasury bills So it will need a big big run until they start hi
by shawabawa3 4y ago
If their latest attestation is to be believed, they have $52B in cash+equivs including $28B in treasury bills
So it will need a big big run until they start hitting their dodgy reserves in metals and loans
That's of course unless the attestation is BS or defrauded which is entirely possible
- zzleeper 4y agoNote that treasury bills (and more so treasury bonds) have taken a beating with the increase in interest rates... so I wouldn't be surprised if they lost quite a bit there.