Ok, so I thought people were joking when they said that DCC would liftoff when the market cap was exceeded by the value of its holdings.
Couldn't happen, I thought.
But seems to me, its close.
Calcs I'm using:
DCC BTC holdings (between fund and direct) 431 BTC: 33.4M AUD
DCC Cash/equivalents: say 11M? To be conservative? (Calc: 3.5M last report, plus cap raising of 8.8M, minus 1.3M for burn)
Gold and equity: dunno what the holdings are for this - but say $1M, for a placeholder figure (has anyone got these details?)
Total: 45.4M. Market cap: 47.9M
What am I missing...?!431 Bitcoin equals33,421,530.63
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Ok, so I thought people were joking when they said that DCC...
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9 | 738007 | 0.040 |
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10 | 704819 | 0.038 |
7 | 207000 | 0.037 |
Price($) | Vol. | No. |
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0.043 | 327997 | 4 |
0.044 | 297709 | 5 |
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