The Cycle of Cryptocurrency Investment Opportunities

I'm probably one of the few private equity guys that actually likes the cycle. We invested over 100 million into seven different businesses in Q4. Four of the businesses were through the secondary that we bought at 50 to 80% discounts from previous rounds. Anybody who wants to sell stock in a business that's sort of on our radar above 5, 10 million, you know, we're the buyer. And it's uncompetitive at the moment.