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![JonahLupton Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::14579415.png) Jonah Lupton [@JonahLupton](/creator/twitter/JonahLupton) on x 566.7K followers
Created: 2025-07-21 12:51:40 UTC

$OPEN was founded 11+ years ago and still not even close to being profitable. 

The only way the $OPEN buisness model works is if they have the balance sheet to acquire inventory during real estate busts but they definitely don't. $OPEN would probably be bankrupt in the next real estate bust.


XXX engagements

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**Related Topics**
[coins real estate](/topic/coins-real-estate)
[balance sheet](/topic/balance-sheet)
[$open](/topic/$open)

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