All Things Crypto

ATC quote · Apr 14, 2025 · 0:56:51

“Do you... Michael, do you think he poses, like, a systemic risk to the Bitcoin, like, to the to the greater, like, I guess, crypto ecosystem at this point, like, holding so much?”

Dave @DCBK2LA

From All Things Crypto: Mantra Mess - $BTC Breakout - Thrive Protocol, Apr 14, 2025 · Episode page

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0:53:24 Voice C: Talking about, like, how he can pay this debt back off in shares, that only works if the stock price goes up. Most of these convertible notes that he's offered have been 30 to 50%, out of the money call options. And if that is not hit, then, no, you can't be paying it back in stock. So, like, saying that he can just go and pay it back in stock, yeah, sure, if his stock is up, but that's only if his stock is up. If…

0:56:51 Dave @DCBK2LA: Do you... Michael, do you think he poses, like, a systemic risk to the Bitcoin, like, to the to the greater, like, I guess, crypto ecosystem at this point, like, holding so much?

0:57:01 Voice C: I would I would probably say no. I think the fear of him is probably more than he could actually do because in the scenario that, let's say, he's getting liquidated and he would need to sell Bitcoin, he owns so much. I think you would see a situation where the biggest financial institutions, governments, pension funds, they would they would be buying at OTC, which it would it would affect the market more in terms…

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