What is Nostr?
diddy
npub1d6u…yxmw
2024-01-05 04:10:14
in reply to nevent1q…lunt

diddy on Nostr: The revenue numbers are likely legit if they are reporting gross bitcoin sales as ...

The revenue numbers are likely legit if they are reporting gross bitcoin sales as revenue (similar to cash app). 200mm annualized is a crafty way of saying 50mm/quarter and Cash app is 50x that amount which is what id assume to be the multiple ahead of Swan.

Assume an average fee of 2%, the actual quarterly net revenue is probably $1mm on bitcoin sales.
Author Public Key
npub1d6ud8r38dqp0he7a6athwvhdwjgxvp0en2swxkcsdqtgwlpqh7zqp7yxmw