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If I make math correctly. We will repay all 100mil

bad debt this means if we look circulation supply of xvs that means 6.38$ per xvs. In this moment market cap is 180mil usd (circulation supply) +bad debt =280mil and price is 11.55usd xvs in this moment . When we pay all bad debt fair price of xvs will be 11.55$+6.38$= 17.93$ xvs. Is my math correct?

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that is not how marketcap works

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