"Więc, tak jak teraz, nie mogą pozyskać pieniędzy poprzez Stretch, dopóki handluje tak daleko poniżej wartości nominalnej, prawda? Ponieważ sprzedawaliby 100 dolarów za 86 dolarów dzisiaj." "So, like right now, they can't raise money through Stretch as long as it's trading this far below par, right? Because they'd be selling $100 for $86 today."

… that they're buying the Bitcoin as mask to be able to say, hey, you know, we're still buying Bitcoin with all this. were still adding it, but they're not increasing Bitcoin per share at all, which was a metric that for a long time, the longest time was the number one thing that they were like, "Hey, Bitcoin per share, that is what we care about." So, like right now, they can't raise money through Stretch as long as it's trading this far below par, right? Because they'd be selling $100 for $86 today. >> Oh, no. They they can't they can't issue more shares of Stretch unless it's over $100. Period. >> Yes. So, like that's that's the whole point. They can't tap that facility. and that was where they were raising the majority of their capital over the course of the past year, right? So, like really what it comes down to, they could issue more conv …