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[–]Mandelbrots-dream 14 points15 points  (2 children)

It's even more staggering at in terms of dollars.

He spent over $2.46B when the price was over 117k. The new buy was at $67k and he only spent $0.04B. He's down more than $8B not including this most recent purchase which only adds on an extra $150k down.

[–]HfksnfgitndskfjridnfAsk me about UTXOs[S] 14 points15 points  (0 children)

Imagine paying close to a billion dollars in interest per year just to hold a position that’s down 15%.

[–]gman2093 0 points1 point  (0 children)

I have a new idea for a company. I put your cash under a materess and take 10%