Big oof 😬
Saylor's paper loss: -$13.5B (-40%)
Tom Lee's BitMine paper loss: -$10.4B (-53%)
That's over $23 BILLION in unrealized losses…
Time to flush out the treasury tourists.
Only then can the real bull run start.
Big news: OpenAI is now thinking about delaying its IPO until 2027, according to the NYT.
Here’s the deal:
1. Recent market ups and downs made them rethink the timing
2. They’re worried regular investors won’t be super excited
3. Advisors say wait for a $1 trillion valu