RE:RE:Ridiculousthe Company now holds an aggregate of 350 bitcoins.
But the interesting portion of the press release is:
The purchase by the Company of additional bitcoins was made in accordance with its newly updated capital allocation and treasury management strategy for the Company's capital in excess of its working capital and other investment requirements. Under the Company's current capital allocation plan, the Company intends to continue to maintain cash assets that are sufficient to meet the day-to-day working capital requirements of its business and its investment needs. In addition, under this plan, the Company's objective is to hold a majority of its unallocated resources in bitcoin, which the Company now regards as its primary treasury reserve asset (being all unallocated cash and bitcoin assets of the Company in excess of the Company's anticipated near term working capital and other investment capital needs), subject to market conditions and the Company's anticipated needs for cash assets.
IN order to do this you have to make subtantial profit.