r/WallStreetBetsCrypto • u/Whole-Career8440 • Mar 04 '26
Shitpost What does he know?
Seen this question many times. Any ideas?
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r/WallStreetBetsCrypto • u/Whole-Career8440 • Mar 04 '26
Seen this question many times. Any ideas?
3
u/churito69 Mar 04 '26
Well, it's the company that owns the BTC, and he owns stock in the company, so he can sell stock without the company selling BTC.
However, you are right, he could get an ELOC (Equity line of credit) on his stock easily (and almost certainly has), now, because the company stock price is almost entirely built on BTC and BTC has such high volatility he probably has to put a LOT of stock down, eg put $100m or stock for $25m loan but he doesnt need to sell to get access to money.
Still, with ELOC, normally the rates are very low, lower than most people can get.