~~
But for printing money to work, he would have to sell the shares. Otherwise, it's money that can't be moved.
Or am I wrong?
This thing about high finance is really complicated sometimes..
there are around 8 billion shares he has control of about 60% of them.
so 4.8 billion shares.
shares are 170 so
4800,000,000 x 170 =8.16×10¹¹= 816 billon dollars.
he can pledge 10,000,000 shares at 150 to be transferred the day after the release date.
that is 1,500,000,000 billion bucks.
he future pledged them at a discount to a bank willing to take a shot.
and he can sweeten that with a 2% contingency.
ie if shares are under 150 he gives the bank 200,000 more shares.
i use smaller numbers above.
if he did that. here is the worst 10,200,000 shares are gone
he still has 816,000,000,000-10,200,000=815.9 billion shares
he would be foolish to not do a few pledges since it gives him cash now and hedges if the stock drops way low to 85 dollars.
Latest Block: 956156 (2 minutes ago)
Current Pace: 98.1822% (573 / 583.61 expected, 10.61 behind)
Previous Difficulty: 124932866006548.2
Current Difficulty: 133869853540305.4
Next Difficulty: between 131481793851789 and 132694531954891
Next Difficulty Change: between -1.7839% and -0.8780%
Previous Retarget: last Friday at 9:58 PM (+7.1534%)
Next Retarget (earliest): July 11, 2026 at 1:00 AM (in 10d 1h 45m 56s)
Next Retarget (latest): July 11, 2026 at 4:11 AM (in 10d 4h 57m 9s)
Projected Epoch Length: between 14d 3h 2m 1s and 14d 6h 13m 15s
