The company said it will exclusively utilize realized profits from its investment operations for buying BTC, disregarding unrealized capital gains. It means that the firm considers “only the tangible gains from its operations,” consisting of the difference between the purchase price and net proceeds from an asset sale or, in case of maturing assets such as Treasury bills, between the purchase price and the reimbursed amount, per the statement.
Interoperability Protocol LayerZero Takes Snapshot as First Airdrop Draws Closer
The firm announced plans to issue a token in December, saying it would be released “in the first half of...