If Wang Zhongjun had not spent 377 million yuan to buy Van Gogh's "Sunflowers and Poppies" that year, and instead had invested the entire 377 million yuan in gold, could Huayi Brothers turn things around now? Currently, Huayi Brothers has total liabilities of 2.294 billion yuan. In 2014, the gold price was between 220 and 270 yuan per gram. If Wang Zhongjun had truly spent 377 million yuan on gold at that time, the value would have at least quadrupled by now, making it close to 1.5 billion yuan. Reducing liabilities from 2.294 billion yuan to 800 million yuan, Huayi Brothers could at least stabilize its position. Selling some assets might really help them fully escape the crisis. What if they bought Bitcoin?!$SOL
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If Wang Zhongjun had not spent 377 million yuan to buy Van Gogh's "Sunflowers and Poppies" that year, and instead had invested the entire 377 million yuan in gold, could Huayi Brothers turn things around now? Currently, Huayi Brothers has total liabilities of 2.294 billion yuan. In 2014, the gold price was between 220 and 270 yuan per gram. If Wang Zhongjun had truly spent 377 million yuan on gold at that time, the value would have at least quadrupled by now, making it close to 1.5 billion yuan. Reducing liabilities from 2.294 billion yuan to 800 million yuan, Huayi Brothers could at least stabilize its position. Selling some assets might really help them fully escape the crisis. What if they bought Bitcoin?!$SOL