CRCL is already imploding and its whole structure is likely to collapse; it is only a question of time. The lower share price does not weaken the short case—it has improved and is a better story now, as holders are driven by momentum and narrative rather than knowing what they own.

Cory's already imploding. All right. It's only a question of time before this before this the whole structure is is is it legs kicked out from under it. you're not looking at these draw downs 50% of core for example. a couple weeks ago, two weeks ago, the week before the you know what hit the fan, we actually doubled down on the core. I think I think we added to it at 81.

Just because the price of Coriv is down means it's less of a good short. As a matter of fact, when Cory was 107, you know, this the bonds of Cororee were not yielding 15%. They're yielding much lower.

So, I would actually say that the short argument in Cororoeave is improving. It's even a better story now.

The folks in Coror and all these neo clouds, they don't know what they own. They're there because of the momentum and the narrative.

Like Cororo was not page one six months ago when we talked about AI. Now it is.