Now I see why I got dumped on when I bought SPAC shares. Most of the outstanding shares are with insiders and VC. Institutions only have 1.13%.
If fold can demonstrate crazy growth Wall Street will come in droves trying to own this stock. But if more insiders and VCs sell more pain is coming for us retail who bought into the company early.
But in Bitcoin per share value metric. Fold is ahead of 99% of Wall Street (including Visa, Apple, Google)