They've raised about a billion dollars of VC - https://www.crunchbase.com/organization/blockfi-inc/investor...
(note, CB lists $1.4b, of which 400M is debt from FTX, which I imagine they never got)
Unbelievable the amount of destruction of value here... it's just total carnage.
[1] https://en.m.wikipedia.org/wiki/1954_Guatemalan_coup_d%27éta...
I agree but this doesn't change the fact that many people don't care about the underlying business and often the stock price and underlying business are disconnected. They just gamble whatever is "hot" or if they think they are smarter they trade the chart. In this way it's no different than crypo "investing". Both can make you rich or get you bankrupt, fast.
The fbi had plans to assassinate MLK, and the cia led how many revolutions.