RE: LeoThread 2026-04-20 20-44

avatar

You are viewing a single comment's thread:

I don't think they have enough assets or revenue to pay the yield sustainably right now. For SURGE they owe 500,000 usd *15% = 75k per year and have assets of around 125k usd on their website - not sure when last calculated by them.

0
0
0.000
3 comments
avatar

Likely correct. ☹️

0
0
0.000
Reply
avatar

Yeah and I guess if the $ Leo price recovers and /or revenue increases in $ terms then the collateral behind the debt could improve in the future.

0
0
0.000
Reply