It must be galling to run a company that makes more than $50 billion in profit (yes, you read that correctly — $50 billion), and have your investors panic and freak out when you tell them you plan to spend just a fraction of that —$3 billion — more than you’d previously expected.
Bitcoin whales, which are large wallets holding at least 100 BTC, have accumulated over 47,000 BTC, worth over $2.9 billion at current prices, noted CryptoQuant founder and CEO Ki Young Ju in a May 3 X post: