He is the owner of bASIC-MINING
Right, I know that - I was responding to the people who were like "I've never seen so much money in my life" as if he really had 132k of BTC in that account. At most, those basicmining shares are worth 152btc because that's how deep the entire order book is for bASIC mining shares. Realistically 148btc max.
That brings the total portfolio value to ~200Btc. But I don't think those bASIC mining shares are actually worth anything in that portfolio, I don't know.
Well, if his business really is worth that much, he will earn that eventually.
Well, right now the yield is 30%. But in order to keep that up he'll have to keep up with network growth, which will be -- difficult.
It also doesn't look like those shares earn dividends. The last dividend was 0.00014681, and it was 7.5btc total, so only enough for the 51k shares actually on the market.
So yeah, those shares aren't 'real' shares, they don't get dividends, the company isn't actually going to be worth that much, it's only worth the value of the shares actually on the market.
