For the curious wondering how many shares we really hodl!

Mandatory: This is not a financial advise, Trust no one do your own research. And Hedgies are FUK

Yesterday's top post (excluding HOC obviously) was a discussion around how many shares could be out there. OP has since, deleted their post and account.

OP had the right idea to look into multiple places to get a ball park on what the SI could be.

25th May Bloomberg drop showed the top distribution by country excluding Korea.

​

Bloomberg Terminal 25th May 2021

The whole theory was based on Korea holding same or less then France (0.02%). OP from another post, that I cannot find now, stated Korea has over 700k Shares.

OP's minor error was reading the France ownership as 0.2% which got the total circulating shares to be around or over 350M. Me a regular APE who trusts no one went to check the numbers and realized OP's error. And added to the discussion, by correcting the math to 3.5B of total shares.

Now this seemed a bit too SUS. We know there is fuckery going on, but 50 times of outstanding volume is a bit too much to believe.

Another ape (u/Domuking) pointed out that we will never know what % of share a country holds unless mentioned directly. Because the unknown of 11.61% adds to the speculation.

This debunks the whole theory of how much Korea really holds. Goes the same for u/lost_in_a_forest and their latest post

However, we do have more curious apes (u/djsneak666) in here who want to get to the bottom of it. Hence, another discussion started in the thread for doing the same math using insider data.

​

Insider Holding

He did his math on the comments to state we are at 174m and not 350m or 3.5b. This seems more plausible and is a more accurate calculation compared to a country data.

However, we know that insider holding data was released in APRIL and 6.68% is from May 25.

Bit of a digging around on old posts and we can see the terminal drop for 15th April. As per this we can see the insider position was 7.63% . Insider numbers should have barely changed but still lets assume they have. So here is a another paper napkin math for April 15:

7.63/100 of x = 11,674,085

7.63x = 1,167,408,500

x = 1,167,408,500/7.63

x = 153,002,424

There it is, a month ago, assuming we can trust the Bloomberg terminal and they know about all shares in circulation. We have over 200% of Outstanding in circulation.

Short interest based on this would be:

153m - 70M / 70m - 20m( insider + blackrock)

83m/50m

166%
Again , the above is for 15th April and Trusting Bloomberg to have all the data to get their % right.

It would be no surprise that by 25th May they added 20m more synthetic shares. Which would mean current total is 174M with over 200% SI

Albeit, all will be clear when votes are counted or we have our NFT gifts in place.

TD;LR

Trusting Bloomberg to have all the data to get their % right.

On 15th April:

• Total shares were 153M
• SI was 166%

On 25th May (using insider holding from April)

• Total Shares were 174M
• SI was above 200%

In my opinion Both the data is a huge deal ! because this is the bare minimum of the shares out there and is still significantly high and criminal.

💎🙌