Phong Le: We Hold 4% Of The Bitcoin In The World

Phong Le describes the weight that comes with the position his company occupies, roughly $66 billion in capital and, by his account, four percent of all Bitcoin. As Bitcoin becomes more systemically important, he argues, so does the company holding that much of it. That's the reasoning behind the openness: hundreds of millions of people are exposed to the securities, and many have put retirement money and net worth into them. In his view anyone taking that risk should get transparency into leadership and strategy in both good times and bad. Watch the full episode powered by WOLF Financial: https://youtu.be/UEIZD7_JWG8?si=7UD9vkIqP5D9BN8s