The Algos Want Me To Read This... AND THEY'RE FREAKIN CORRECT!The Algos Want Me To Read This... AND THEY'RE FREAKIN CORRECT!
Oh my.
No, unfortunately MARA's chief executives aren't driving around the desert in a spiky Mad Max-type cruiser. A kid can dream.
But they are doing some crazy shit, corporate filings (DEF14A compensation tables) citing special crypto-related risks for its CEO and CFO... (I mean sure, there are probably keys involved -- keys that unlock irreversible transactions, blah-blah). But this seems like pushing it??
We’ve never seen “vehicle armoring” disclosed as a perk before, and $869,160 of across two executives is quite a lot.
Nope. FT journos kept asking the poor MARA spokesperson having to answer these awkward questions without revealing what sort of tanks the company's executives drive in... Florida?
We had further questions that the spokesperson declined to answer. Chiefly, what kind of vehicles were being armoured? If they are just regular cars, wouldn’t it have been better to just go whole hog (we say, linking to commercially-available tanks for the second time in a month)? If they are helicopters, who exactly has been threatening MARA? Paramilitaries? If it’s boats then why not just not have boats?
"Secondly, how can this be determined as a “one-time” expense? What if Thiel and Khan fancy a new model of [redacted vehicle]?""Secondly, how can this be determined as a “one-time” expense? What if Thiel and Khan fancy a new model of [redacted vehicle]?"
INCREDIBLE.
archive: https://archive.md/w3IQn
Thanks, now I know what to ask for in my next salary negotiation
Proper!
Back when the Ledger cofounder was kidnapped, I think it became painfully obvious that the leadership of large Bitcoin/crypto companies are definitely targets. Armor up!
The node is in the
phonearmoured vehicleOne of the ironies of having so much wealth, the tipping point of gaining wealth to ensure security, rolls over into leaving you wide open to attack
So Saylor is driving a nuclear proof lambo right?
Certainly. Very inconspicuous
Safety first!