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most of the loss is convertible notes. Its a paper loss. mu.social/profile/zach...
Are we gonna do this, Bluesky? Are we all just gonna not understand accounting? 72B$ of the 80B$ is convertible notes. They became greater liabilities because the company's valuation skyrocketed. They don't have an 80B$ loss in the sense that almost everyone here is imagining.
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