Correct, but they're trying to NOT hold Bitcoin directly from the chain. They want to buy it later instead. Because they don't want the tax liability of getting it direct. Seems backwards to me Mr boring

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BoringBTCNYB's avatar
BoringBTCNYB 11 months ago
What are you even saying? Mined sats are better than purchased sats? That’s retarded. They’re fungible for a reason. Also, how do you know what their hodl strategy is with respect to when they sell what?