Given that they are a publicly traded US security, they should be audited to make sure they have the assets they say they have, so I doubt they are lying about their btc holdings. Not sure how I feel about 4/6 multisig self custody over the large exchange institutional custody. That being said, I've skimmed over their financial fillings a few times and things are a little rough, getting better, but still rough. NFA I can't be trusted to skim 10Ks lol.
Given that they are a publicly traded US security, they should be audited to make sure they have the assets they say they have, so I doubt they are lying about their btc holdings. Not sure how I feel about 4/6 multisig self custody over the large exchange institutional custody. That being said, I've skimmed over their financial fillings a few times and things are a little rough, getting better, but still rough. NFA I can't be trusted to skim 10Ks lol.