
Protos|Sep 25, 2025 14:44
🤦♂️ STILL NO AUDIT
@Tether_to is negotiating a 3% equity stake for 15-20 billion, targeting a valuation near OpenAI or SpaceX at 500 billion.
Yet skeptics ask why the company needs cash at all, given its 105B in cash equivalents, including 5.4 billion in Net Equity... 🧵(Protos)
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